The Market
Tenant demand jumps as fees cut
Demand for rental properties in London surged by 13% from May to June, according to Rightmove, compared to a four year average at this time of year of just 4%
Deal volumes continue to rise in London’s £5m-plus market
Sales of homes worth £5m or more were up by 12% in Q2, compared with the same period last year, following a 3% increase in Q1...
Europe’s top-earning Airbnb hosts revealed
One super-host in Barcelona is bringing in over £2m a year from 63 properties via the short-term accommodation platform, according to new analysis
Mapped: East & North-West boroughs drive London’s new housing pipeline growth
Planning and development activity in the capital has 'remained stoic' in the face of uncertainty, says Kinleigh Folkard & Hayward
London property price inflation sinks to its lowest level since 2009
The average property price in London has fallen by 4.4% in the last year, according to May's official UK House Price Index; that's the most negative rate since August 2009
On the merits of switching the stamp duty burden
The Tory leadership hopeful's 'innovative' idea of sharing the SDLT burden between buyers and sellers could turn out to be a mixed blessing, says Trevor Abrahmsohn, but any genuine stimulus is more than…
Exchange volumes and new instructions rise across the UK
TwentyCi records a 6% uplift in the number of exchanges, and a 2% rise in new instructions, as confidence 'strengthens'; online agency market share continues to hover around the 7% mark...
Remortgaging jumps by 20%
The increase in May's remortgaging activity is in line with the initial fixed rate period of mortgages coming to an end, says UK Finance
BoJo considers Stamp Duty liability switch to vendors
Stamp Duty should be paid by sellers, not buyers, says Prime Minister-in-waiting Boris Johnson
New leasehold sales tumble
The proportion of new homes sold as leaseholds has fallen from a peak of 15.1% in 2016, to just 4.2% in 2018
‘There is a relatively high risk that the UK will experience a recession in the next few years’
Britain's recession-risk has reached a ten-year high, warns The Resolution Foundation; levels last seen in 2007, just before the global financial crash...
Bloomberg rolls out a ‘Housing Bubble Dashboard’
Canada, New Zealand, Australia, Norway, Sweden and the UK are all 'vulnerable economies to a correction in house prices', warns Bloomberg