The Market
Architects’ confidence surges, but workloads are still down
RIBA's Future Trends Workload Index has surged into positive territory, led by the private housing sector, but architects' actual workloads are still 5% below last year's level...
High value deal surge in Central London pushes property price inflation rate up
"Increased London house price growth may reflect a larger shift in the type of properties being sold than usual," says the official UK House Price Index, "with more sales of very high value properties.
Developers are back on the hunt for sites in PCL
Demand amongst both large and SME housebuilders for new sites in zones one and two is 'robust', reports Knight Frank, following a big drop-off in the wake of the EU Referendum
Hong Kong ‘in a league of its own’ & London ‘at a turning point’: Prime global city markets in seven charts
Hong Kong, New York, Tokyo, Geneva and London are the most expensive prime global cities, says Savills;
Cash buyers pay an average of 9% less for a home than mortgagers
The average price paid by cash buyers for a home in the UK is 9% less than that paid by mortgaged buyers... But it's a different story in London.
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
Listing Price: How London’s heritage buildings contribute to house price premiums
Savills has looked into how the prevalence of listed buildings affects average property prices around the capital; there's "a strong correlation" between heritage and higher prices, says the team.
Westminster is now more expensive than Kensington & Chelsea
Latest data shows a changing of the guard in PCL, as Westminster outperforms its neighbour to become the UK's priciest borough
Homes in English market towns command a 12% average mark-up
Beaconsfield has the highest house price premium of any market town, says Lloyds Bank, followed by Henley-on-Thames and Bakewell.
Power Lines: London’s new Zone 1 neighbourhood ‘will come of age’ in 2021
Around 5,000 new homes have been built in VNEB (Vauxhall Nine Elms Battersea) over the last five years, and another 7,000 are due to be delivered in the next five...
Mayfair deal numbers could jump by 50% this year, predicts Wetherell
Mayfair's "polarised" property market is due to bounce back after three years in the doldrums, says Peter Wetherell.
Mansion tax plans ‘shelved’ after backlash
Plans to unveil a new tax on high-end properties in next month's Budget have reportedly been shelved, just a week after rumours first surfaced.