The Market
Dwindling supply meets robust demand: Rupert des Forges on PCL’s luxury property squeeze
Those looking to secure a best-in-class new-build in the coming years will need to take an opportunistic yet strategic buying approach, writes Knight Frank's head of PCL developments.
HNW property developers & investors are ‘optimistic’ about UK real estate
We're 'past the eye of the storm', says Investec as property developers & investors display 'a clear sense of both growing optimism and activity levels.'
Prime buyer demand ‘creeps up’ in London
Almost one in five Rightmove listings priced between £2mn and £10mn had found a buyer in Q2.
‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
What Will Change? Jamie Hope on what the Labour government could mean for the prime property market
With a Labour government elected on a promise of ‘Change', the MD of PCL agency Maskells looks at what fresh tax policies may be in store.
Prime rental market ‘falls back to pre-pandemic patterns’
Rents are still rising in London and the regions, but Savills warns of 'misalignment' between tenant and landlord expectations.
RICS heralds ‘post-election bounce’ for housing market
Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.
Rayner renames Housing Dept; drops Levelling Up ‘slogan’
The DLUHC is now the MHCLG again.
Prime London Property Market Snapshot: Week 27, 2024
The latest data suggest last week's General Election had little real effect on home-buying and selling activity across London's prime postcodes.
Tax paid by UK non-doms hits six-year high
Labour has pledged to abolish non-dom status 'once and for all'
Nearly 40% of London buyers tempted away from their original destination of choice – Foxtons
Shoreditch attracts the highest percentage of buyers who previously registered interest in a different area of the capital, reports the estate agency.
‘Stability, investment, and reform’: Chancellor Reeves outlines plan for planning & more
Rachel Reeves has promised a consultation on a 'growth-focused' reform of the NPPF by the end of this month.