The Market
Property industry reactions: Mortgage approvals climb for fifth month
'The recovery in housing market activity is taking hold despite an uncertain start to the year for mortgage rates,' comments Simon Gammon, Managing Partner at Knight Frank Finance.
‘A new property class had been invented’: How three Knightsbridge developments changed London’s luxury landscape
Mayfair's super-prime new-builds are making history with values now tipped to hit £15k psf, but PCL's top-end development boom really began in neighbouring Knightsbridge.
Ranked: Britain’s 48 ‘poshest’ villages
'Finding the perfect village that combines both chocolate-box appeal with necessary amenities can be tricky,' says The Telegraph, as the newspaper teams up with Savills to produce a list of 'the most desirable…
Mapped: Areas of London with the greatest ‘hidden value’
Savills has analysed over 4,000 micro-locations to pinpoint those with the most potential for value uplift.
First-time buyers behind one in three property sales so far this year
Hamptons heralds a 'market milestone' as first-time buyers account for a record share of home-buying activity, particularly in London and the South East.
Los Angeles Times: The year of the ‘mansion tax’
12 months on, Measure ULA 'has either been a godsend or an absolute disaster, depending on who you ask,' says the LA Times.
Four trends at play in the prime London market this Easter
Some balance is returning in PCL, reports buying agency boss Jo Eccles.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
Housing market activity ‘improves across all key measures’ – Zoopla
The average discount between asking price and agreed purchase price narrowed from 4.5% in November to 3.9% in March 2024.
MPs explore ways to improve the home buying & selling process
Clive Betts is leading a short cross-party inquiry on how the property market works - which is open to written submissions from the industry.
Which London neighbourhoods have the strongest staying power for prime buyers?
Over four in every ten homemovers across prime London relocated within the same local area last year, reports Frances McDonald.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues affecting the sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts