The Market
UK property prices drop by 0.8% in a month, driven by a Southern slowdown
The UK's average house price fell by 0.8% between December 2018 and January 2019, according to the latest official UK HPI, leaving the annual rate of growth at its lowest level since 2013.
Portal valuation leads jump by over a third
Rising new business leads could indicate pent-up supply in the sales market.
Long in the tooth? Analysing the 2014-2019 bear market from a historical perspective
At the end of last year, fund manager-turned-buying agent Fraser Slater set out ten reasons why he expects Q1 2019 to mark the low point of the Prime Central London property market;
These four years saw average house prices double within five years
The average value of a home rocketed by 100% within five years of 1974, 1980, 1989 and 2004; it took 16 years for the same growth to be recorded to the end of 2018.
Mixed picture for house prices across England & Wales as market conditions remain ‘challenging’
Annual change currently at -0.5%, reports LSL & Acadata, after marginal monthly rise; transactions slip to 59,100, marking the lowest February figure since 2015
MPs set out blueprint for leasehold reform
HCLG Committee 'demolishes' the current system with a series of wide-ranging recommendations, including a wholesale shift to commonhold ownership and a lid on ground rents
£100bn of UK property is ‘secretly’ owned
Global Witness analyses Land Registry data to highlight the scale of property ownership by 'anonymous companies registered in tax havens'
Spring property market ‘off to a subdued start’ as buyers hesitate
The usual spring buoyancy is being weighed down by Brexit uncertainty, says Rightmove.
London has seen a 15% jump in cash-toting buy-to-let landlords
The proportion of landlords buying with cash in London rose from 33% in 2017 to 48% in 2018, reports Hamptons.
‘Greater supply but little choice’ for Mayfair buyers
Stock levels may be at a record high but it has 'never been harder to see the wood from the trees', notes 'Mayfair Guru' Peter Wetherell
Mortgage lending is ‘off to a strong start’ in 2019
The latest monthly update from UK Finance indicates that more home-movers and first-time buyers were active in the mortgage market in January this year compared to last.
Brexit is becoming ‘a reason to haggle rather than hesitate’ for committed buyers – Garrington
Britain was blanketed by snow at this time last year, reminisces national buying agency Garrington in its latest market snapshot video.