The Market

'Many sellers reacted to the summer holiday hiatus by reducing the asking prices of their properties,' says portal.

'Each passing month has ushered in a new rental market record,' says Aneisha Beveridge, Head of Research at Hamptons, adding:

Last month's increase has pushed rents to nearly 30% above their 2017-19 (pre-pandemic) average, reports LonRes.

“Inquiry levels are strong but not as high as we’ve seen over the last two summers,” said David Mumby, head of prime central London lettings at Knight Frank. “As

Dubai's US$10mn-plus market continues to lead the pack, but London and New York are still seeing healthy volumes, reports Knight Frank.

Knight Frank's research chief shares insights into the current state of play in the prime London sales market.

UK housing market activity metrics 'remain in deeply negative territory,' says the RICS, as property prices fall further.

'The rented sector is stuck in a seemingly endless cycle of low supply and strong demand,' says Zoopla, which 'has kept rental growth in double digits for 18 months in a row.'

Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.

In the ever-evolving landscape of data protection regulations, estate agents in the UK are urged to familiarise themselves with the Privacy & Electronic Communications Regulations, as they impact marketing…

The latest LonRes data tells of a traditional September flurry of new sales and rental listings in prime London - but the property market still feels sluggish compared to previous years.

HSBC's decision to ship out of its iconic HQ has put the Square Mile under the spotlight, but the area's new wave of luxury resi schemes are proving a big hit with buyers, writes Vic Chhabria.