The Market
Westminster’s wealthiest residents get behind ‘voluntary contribution’ initiative
Over half of owners with properties worth over £10m show support for "imaginative" council tax proposals...
Most prolonged tenants’ market in 20 years ‘nearing the end’
Landlords of prime properties 'poised to regain the balance of power' in the capital...
London slowdown ripples out to the regions
South East and North East now showing annual declines, says LSL/Acadata, as capital posts biggest annual fall since August 2009; double-digit drops in RBKC, City of London, Wandsworth & Camden
PCL rental growth to turn positive this year
Knight Frank and Strutt & Parker predict a 0.5% rise in prime central London rents in 2018, following a 2.1% drop last year
Britain’s total rental income has more than doubled in the last ten years
Millennials are beginning to pass on the rental bill to 20-somethings, says Countrywide
Ranked: Britain’s £1m+ home hotspots
Zoopla adds "When could your home be worth £1m" tool; charts seven-figure hotspots around the country
‘2017 marked a turning point for the PCL property market’
Higher-value transaction numbers in London recovered through 2017, say Knight Frank and Strutt & Parker
Old Vs New: The changing fortunes of London’s new-build market
Analysis reveals average new-build sales per annum up 88% in the last ten years; average sale price up 125%, compared with 71% for second-hand stock...
Sub-£2m suffering in London’s ‘lethargic’ prime markets
Transaction levels and prices holding up above £2m; withdrawal rates peaking in Prime Fringe areas
Falling stock levels restore some balance in London’s prime lettings market
Rents rise in PCL and Prime London as supply slows; £3,000 pw plus deals up by quarter on Q4 2016
‘The housing market has a case of the January blues’ – RICS
Prime resi markets are "experiencing particularly challenging conditions"; surveyors report that two-thirds of £1m+ properties are selling for less than their asking price
How did Prime London’s micro-markets fare in Q4?
Coutts & Co summarises the key takehomes from each area...