The Market
Market Snapshot: Belgravia bears up amid Brexit challenges
Buyers baulking at the prices in Mayfair and Knightsbridge are seeing a 'good value proposition' in neighbouring Belgravia, reports longstanding local agency Best Gapp, with some notable short-lease activity...
Leaseholds axed for new-build homes
All new-build houses will have to be sold as freehold, following a self-declared 'bold move' by the Government
73% of buy-to-let investors still think the sector is the best long-term investment
83% of investors say it is either unlikely or very unlikely that they will sell their buy-to-let property within the next year, with the majority (58%) staying put for five years
Charting the price of a top 1% home across the UK
'The difference in the cost of the top 1% of homes by region just might come as a surprise,' says Savills' research chief Lucian Cook
Price reductions plummet as London market ‘starts moving again’
'This has been the most encouraging start to the year we’ve witnessed since the EU referendum result', says Chestertons boss Guy Gittins, but there's still no sign of a pick-up in supply levels...
Property prices in UK cities have risen by an average of 1.8% in the last year
Housing affordability has improved a bit in the UK's three most expensive cities, reports Zoopla, but getting on the first rung of the housing ladder is still out-of-reach for most
Supply & demand bounce back, but 81% of properties are still selling below asking
'It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,' says NAEA chief
Ranked: The most expensive places to buy in the UK
Knightsbridge tops new Rightmove rundown of priciest areas, with an average asking of over £3.5m, while Virginia Water leads the pack outside of London...
Four areas have seen the average house price rise by more than the average salary in the last year
But three London boroughs have seen their average property value drop more than their average salary
The London property market continues to tick along relatively robustly – and here’s why…
An awful lot of buyers who, having expected prices to fall like an anvil out of a window in a Tom and Jerry cartoon, are finding the choice of houses disappointing and prices far firmer than they had hoped,…
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
London needs a £4.9bn annual Government subsidy to deliver enough affordable housing
A new report indicates that London needs a massive seven-fold increase in Government funding to deliver affordable homes