The Market
Watch: UK property market continues to meander into Autumn
Property finding agency Garrington shares its views on the Autumn market, with a quick round-up of Budget measures affecting the prime resi sector and a top-line summary of the big market indices and buying trends.
There are 211 fewer estate agency branches on the high street than in January
Pubs, electrical shops and estate agencies have seen the biggest declines as high street businesses struggle, according to new data
The proportion of renters intending to buy a property has doubled this year
A survey by the AA indicates that there's been a significant rise in the number of renters planning a move onto the property ladder, and buyers are "preparing to spend more"
Over 10% of rental properties listings are ‘likely to be advertised unlawfully’
Discriminating against DSS tenants "is hardly any different" to racism, declares National Housing Federation chief
Over half of prime London valuations are being marked down by surveyors, warns Coutts
Over the last 12 months, 52% of valuations in the capital's prime markets were revised downward before purchase, according to the Queen's bank, with average revisions ranging from 2.2% to 7.8%
Neighbourhood Watch: How local market performance is varying wildly across Prime London
The average price decline since 2014 now stands at just under -15% across Prime London, but new analysis shows how Fulham and Earls Court have sunk by more than 23%, compared to an average of 6% in Wimbledon…
Surveyors are ‘doubtful that UK sales momentum will pick-up over the coming months’
RICS's October market survey tells of continued declines in residential property demand, prices and sales
Ministers step up to review tax ‘loophole’ for second homes
Many holiday lets are not "genuine businesses", says the Government, and so should not be able to claim Business Rates Relief
Activity levels drop off in Prime London’s lettings market as tenants opt to renew
12% fewer new homes listed to let in Q3 2018 compared with the same period last year, while the number of new lets agreed fell by 17.6%, reports LonRes
‘Voluntary mansion tax’ raises £400k from Westminster’s wealthiest homeowners
'What started out as an experiment is turning into a solid way of helping Westminster’s wider community', says Cllr Nickie Aiken
Transactions, new instructions and prices all slide as uncertainty grips Prime London
'Tepid' Q3 sees transaction volumes down 17% on the same period last year, with new instructions falling by 19%, and prices by 3%;
Carrington on Q3: Unfair ground rents & ongoing uncertainty
The LonRes Chairman's thoughts on the 'minefield' of leasehold reform and the impact of uncertainty on the London housing market...