The Market
Why small is beautiful in the PCL rental market
Purely from a rental yield point of view, the highest performing property in Kensington and Chelsea is in fact the humble studio flat
Rise of the Super-Suburbs: PCL prices to drop 6% this year as ‘burbs grow 5%
Hamptons International delivers updated forecast
D&G extends opening hours for an Autumn rush
Branches open for longer throughout September
Mayor Khan rolls out ‘Homes for Londoners’ team to look at developers’ viability assessments
New Homes for Londoners governance board will meet quarterly
Treasury pushes on with plan to abolish non-dom status and charge IHT on enveloped property
The government is pushing ahead with reforms to non-dom tax policy initially announced in George Osborne's Summer 2015 Budget, launching another consultation despite some mutterings that it might all…
First-time buyers ‘dominate the property market’ in Prime London as the PCL price premium slips
Now the most common buyer type
Rents drop in PCL but rise in Outer Prime London
The average weekly rent across Prime London increased by 1.6% (to £638 per week) in Q2, says Marsh & Parsons, but there were markedly different stories in the centre of town and the outer circle.
Stutter but no sharp fall in transactions post-Brexit
0.9% dip between June and July
Over Supply: PCL rental values hit hard as stock piles up
On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges
UK house prices to fall by 1% next year says Countrywide
Firm is one of the first to release updated forecasts since the Brexit vote
Number of buyers registered per branch has fallen by a third in a year – NAEA
Average slipped to 298, down from 330 in June
Strutts confident in the power of open houses
Next National Open House Day penned in for 8th October