The Market
‘Occasional’ conveyancers came out to play in ‘rollercoaster quarter’
Completed transactions leapt from 230,430 in 2015's Q2 to 286,425 this year
Housebuilding starts up (a bit) with Cambridge and Southwark leading the way
The Office for National Statistics records 36,400 new housebuilding starts in Q2, and 34,920 completions
Agents appointed on ‘£200m’ London jail sale
Bilfinger GVA has bagged the contract to oversee the disposal of one of the capital's biggest development opportunities
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
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…
Rise of the Super-Suburbs: PCL prices to drop 6% this year as ‘burbs grow 5%
Hamptons International delivers updated forecast
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
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