The Market
Industry Reactions: Mortgage approvals slide again
'A minor slip in mortgage approvals in February adds weight to the narrative that the housing market recovery has lost some momentum,' says Lucian Cook of Savills
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
Tom Bill: UK housing market steady as government walks fiscal tightrope
The spring statement contained no nasty surprises for the property sector, but it failed to address concerns about the government’s tight financial headroom, explains Knight Frank's head of UK resi research.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Knight Frank, HMRC, JLL, Zoopla, Savills, Chestertons & more...
Transactions jump as tax changes ‘turbo-charge’ housing market
February's volumes were up by around a quarter on the same month last year, latest HMRC data shows.
Required Reading: No surprise measures in the Chancellor’s Spring Statement
Mishcon de Reya's Private Wealth & Tax team explain what the government's Spring Statement means for high net worth individuals & business owners.
Lucy Morton: Why landlords should keep calm & carry on
Change can be unsettling, but those who continue to provide quality homes and positive experiences for tenants have little to fear from the Renters Reform Bill, explains JLL's resi agency chief.
Global prime resi rental growth slides to three-year low
Tokyo leads international city rankings with annual uplift of 6%, while Toronto, Auckland & Singapore all saw rents fall in 2024.
Spring Statement: Planning reform to drive GDP growth, predicts OBR
No taxing announcements today - but fresh Office for Budget Responsibility forecasts expect a big boost to housebuilding, with residential transaction volumes & property values also climbing over the next…
UK house price inflation climbs to 4.9%
Official data suggest property price growth has been steadily gathering pace since bottoming-out at the end of 2023.
London’s lettings market ‘busier than expected’, reports major agency
Chestertons flags 'sharp' increase in enquiries & 30% uplift in number of tenants moving; fellow high-profile firm Foxtons says market likely to remain 'highly competitive' over the coming months.
UK house price growth slows to 1.8%
The latest Zoopla house price index confirms we're in a buyers' market.