The Market
Prime London Property Market Snapshot: Week 10, 2024
Sales activity has picked up across London's prime postcodes, according to the latest weekly LonRes data.
London’s rental market is ‘normalising’ as supply rises & demand dips
'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'
Government cracks down on long-term empty homes
100% council tax premium will come into force on 1st April.
Prime London sales market makes ‘hesitant’ start to the year
The positive mood didn’t last long into 2024, says Knight Frank.
Land Registry seeks views on ‘unnecessarily complex’ fee structure
The official register of land ownership in England & Wales says its fee & charging structure 'hasn’t been significantly revised since the organisation’s inception in 1862.'
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Halifax, the OBR, LonRes, Knight Frank, Prime Purchase & more...
Scotland’s property market is heading towards ‘the Goldilocks scenario’
DM Hall boss reports optimism in Scotland's residential property market, as 'the market proves its resilience to the shocks of the past year'.
UK house prices rise for fifth month in a row
Prices in London are now showing the first positive annual growth since the beginning of 2023.
Required Reading: The Budget 2024 for HNWIs & business owners
Mishcon de Reya's team of tax and legal experts talks us through the key points of this year's Spring Budget, including the end of the Non Dom regime, changes to Capital Gains Tax on residential property,…
‘Another missed opportunity’: Prime property industry reactions to the Spring Budget 2024
Featuring insights from: Black Brick, Chestertons, Fine & Country, Harrods Estates, Heaton & Partners, Jackson-Stops, Janine Stone, Knight Frank, Lomond, London Central Portfolio, Prime Purchase, Propertymark,…
Budget 2024: Hunt scraps Non Dom status, abolishes Furnished Holiday Lettings relief & cuts CGT rates for residential property
The Non Dom regime is being replaced with a 'modern, fairer, simpler' tax system based on residency, says the Chancellor.
OBR boosts house price forecast
Average UK house prices are likely to fall 2% this year and 0.4% in 2025, says the Office for Budget Responsibility, with a return to positive growth slated for 2026.