The Market
Ranked: The most expensive world locations for ex-pats
Hong Kong is once again the most expensive place in the world for expatriate rental accommodation, with average monthly costs of US$10,929, followed by New York, Tokyo and London.
OBR slashes property price growth forecasts
'The latest near-term indicators of housing market activity point to a significant weakening', warns the Office for Budget Responsibility, as it anticipates falling property prices and transaction numbers…
Demand, supply & deal numbers fall further as Brexit uncertainty takes its toll
'The wearisome state of British politics that has arisen from Brexit – particularly in the last six months – continues to take their toll on UK housing,' says the Royal Institue of Chartered Surveyors.
Why US buyers are eyeing up London’s super-prime properties
The often-overlooked lifestyle play is a key reason why North American HNWIs have accounted for close to £250m of deals in the past two months, notes Knight Frank's super-prime specialist Daniel Daggers...
Ranked: The average cost of a car parking space by London borough
Benham & Reeves calculates the average value of a car parking space in the capital to be £218,871, more than the average house price in 176 locations across the country
Chancellor pushes eco-conscious property development in the Spring Statement
A new "Future Homes Standard" will outlaw fossil-fuel heating systems in all new houses from 2025, and the forthcoming Environment Bill will include a mandate for "biodiversity net gain" for property…
Surveying the state of the buy-to-let finance market
Buy-to-let investors need to be more pro-active than ever in order to get the most out of a property portfolio, writes Islay Robinson, CEO of Enness Group, in an in-depth survey of the UK's BtL scene.
London’s super-prime lettings surge tails off as uber-tenants take another look at buying
After two years of strong growth, Knight Frank reports a fall in the number of super-prime tenancies agreed across the prime postcodes;
Hammond needs to take action or risk the UK ending up in the economic ICU
Commentators aren't expecting much from the 2019 Spring Statement, but Glentree boss Trevor Abrahamsohn has some strong words for the Chancellor on the importance of maintaining the health of the residential…
Big discounts in PCL ‘suggest the pendulum may have swung too far towards the buyer’
Acquisition agency Black Brick predicts the prime London market is about to turn, after noting a surge in buyer interest and a spate of 'minor capitulations' in the premier postcodes
‘Fortune Favours the Bold’: Eight tips for prime property buyers in an uncertain market
'It's impossible to say if we've hit the bottom of the market in Prime Central London,' says top-end property consultancy Sterling Private Office - but 'those buying now could see phenomenal returns';
Deadline looms for client money protection regs
Reminder: Letting agents have until 1st April to sign up to a government-approved CMP scheme - or face fines of up to £30,000.