The Market
PCL buying agency reports rental surge and off-market sales shift
Nearly a third of Black Brick's searches in Q1 were for rentals, while over a third of its purchases were made off-market...
Holiday-home owners ‘are being subsidised’ via business rates relief, says agency
Business Rates system offers second-home owners "a windfall of millions of pounds in tax reliefs", argues Colliers
Annual deal numbers reach ‘an all-time low’ in Prime Central London
Just 3,406 resi sales were recorded in PCL in the last year; a 41% fall on the previous 12 months
Last year’s price falls in PCL ‘unlikely to be repeated in 2017’
Quarterly decline now at -0.3%, the lowest three-month fall recorded since early 2016
Prime Central London’s rent drops shallow out
PCL rents fell 0.7% on a quarterly basis in June, the lowest three-month decline since November 2015
‘We are due a significant correction in house prices’, claim academics
Two LSE Professors warn that the market could soon crash like the 1990s
The prime country house market is price sensitive, but moving
Prime Country House prices to rise by 1.5% this year, predicts Knight Frank
Airbnb checks out mansion market
Short-term rental giant looks to be plotting a new luxury offering...
Prime London house prices dropped by 1% in Q2 – Savills
The average prime London property price is now 5.3% less than at this time last year
Prime global rents ‘struggling to achieve growth’ – Knight Frank
Rents in 17 world cities nudged up by an average of just 0.5% in the 12 months to Q1 2017
Global House Price Index ‘nearly back to its peak’ – IMF
Still no sign of a bubble, though
Letter From The Country: In fashion, the Cotswold way
Prime Purchase's latest recruit, Nick Croall, provides a snapshot of the perennially popular Cotswolds patch and talks us through what buyers are currently looking for...