The Market
The nine biggest risks to the residential property market
A quicker-than-expected rise in interest rates again tops Knight Frank's latest assessment of risks facing the residential property market.
Film Stock: Curzon Mayfair penthouse asks £15.5m
Formerly the home of legendary beat pop purveyor Dave Clark
Asking prices get smallest November trim since 2011
At -1.3%, the traditional pre-Christmas dip in asking prices has turned out to be the smallest since 2011, says Rightmove, which is "indicative of even higher prices next year".
50% Off: Knightsbridge agency plans Black Friday fee slash
Beauchamp Place-based Patterson Bowe will be offering a 50% fee discount
Suburban Resistance: How Outer London boroughs turned down 4,160 potential new homes in H1
London's Inner boroughs are granting planning permission for more new homes than all the surrounding Outer boroughs put together, according to new research out today.
The correction in prime central London ‘has already happened’ – W.A.Ellis
The bubble may have burst in PCL but the effect is not as decimating as recent reports from UBS and Deutsche bank might suggest, says W.A.Ellis' Richard Barber...
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
The average home now changes hands every 19 years
The average number of years between property sales has dropped from nearly 25 to just under 19 since 2010, with southern homes shifting far more frequently than those in the North.
Property prices to rise by 20% over the next five years – Knight Frank
UK house prices will grow by 20.3% over the next five years, predicts Knight Frank, with prime central London bouncing back after a slow 2016 to deliver +20.
Is there a bubble or an outright recession at the higher end of the London market?
There are very few buyers looking above £10m in London these days, either locally or from abroad, says Glentree boss Trevor Abrahmsohn...
What on earth is everyone going on about?
Housing supply jumps 25% as new-builds and conversions soar – HMRC
170,690 new homes were added to England's total housing supply in 2014-15, representing a massive 25% increase in net additional dwellings from 2013-14, according to the latest from HMRC.
Profit blow for Winkworth but ‘improved’ housing market ahead
Winkworth has reported a "particularly slow" year in the PCL market and warned that profits for 2015 will be "slightly below market expectations".