The Market
Bridging lending activity holds steady as interest rates dip
More home-buyers are turning to bridging loans to prevent chain-breaks, while demand from businesses for short-term property funding doubled from Q4 2023 to Q1 2024.
‘Majority of home-movers undeterred by election’ – Rightmove
Property portal data suggests elections have little effect on home-buyer demand.
Prime London Property Market Snapshot: Week 21, 2024
Sales supply is accumulating in prime London as deals continue to run slow.
Knight Frank cuts PCL price forecast for this year
Top analysts now expect Central London property values to fall by 1% through 2024, having predicted a 1% increase at the start of the year.
Tom Bill: ‘The near-term outlook for demand in prime central London has deteriorated’
Knight Frank's research chief explains why the property firm has revised its PCL price forecasts down.
Watered-down Leasehold Reform Bill becomes law; Renters Reform shelved
Rushed-through Act is 'far from perfect, but it is the start of reform to outdated legislation that was not fit for purpose,' says Propertymark.
Off-plan sales rates drop to a ten-year low
The proportion of London homes sold before being built has fallen below 50% for the first time since 2012, according to new analysis by Hamptons.
‘It is likely to remain a price-sensitive buyers’ market’ – Garrington
Buying agency highlights May's key property market trends, including resurgent interest from investors, country house downsizing, and the 'distraction' of a looming General Election.
Up, down or sideways? Abrahmsohn on where the resi market is headed
Amidst the cacophony of market commentary, we mustn’t get confused between asking prices and real underlying values, warns veteran agent Trevor Abrahmsohn.
Prime city residential rental growth eases
Prime global rents have jumped up by an average of 26% in the last three years, according to Knight Frank's latest index.
Foxtons reports 12% jump in London rental demand
London's lettings market saw a 'seasonal upturn' in April.
Househunters undeterred by higher mortgage rates, reports London agency
Chestertons recorded an uplift in contracts being finalised and lower levels of fall-throughs last month.