The Market
Government unveils ‘landmark overhaul’ of the planning regime
'Today’s landmark overhaul will sweep away last year’s damaging changes and shake-up a broken planning system which caves into the blockers and obstructs the builders,' says Housing Secretary Angela…
Property market outlook ‘remains relatively positive’ – RICS
Surveyors noted 'a steady improvement in buyer demand across the residential market' in November - but warn 'the broader macro environment is likely to pose additional headwinds moving forward.'
Rents climb at slowest pace in over three years
Zoopla predicts average rents will increase by another 4% through 2025.
‘2025 could be the beginning of the price turning point for the London market’ – Rightmove
Property portal predicts a buyers' market across the UK next year, with more transactions and 4% growth for asking prices.
Deals jump by 17% in London’s super-prime lettings market
Wealthy foreign investors are keeping their options open as the UK works on a replacement for the non-dom regime.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues impacting the real estate sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts.
Chestertons predicts ‘gradual growth’ for property prices in 2025
Estate agency expects property values across London and the UK to rise by 3.0-3.5% next year, while the capital's rental market undergoes 'a period of adjustment'.
Prime London Property Market Snapshot: Week 49, 2024
Deal numbers are falling sharply as the year comes to a close.
Welsh government raises Stamp Duty on additional homes
The top LTT rate on holiday homes & buy-to-let investments in Wales is now 17%.
How rising private school fees are redrawing the country property map
Labour's move to introduce VAT is already having a knock-on effect on families' requirements and decision-making, reports buying agent Emma Seaton.
Viewing activity climbs as buyers look to beat Stamp Duty rise
'The sales market is set to see a trend unlike those historically seen across the winter months,' says Propertymark.
Latest HMRC data reveals 27% slump in resi stamp duty receipts
Properties valued at over £1mn accounted for just 4% of all transactions in 2023-24, but over half of total SDLT receipts.