The Market
Striking a Balance: Tanya Hasking on why the regulatory load on landlords should be eased
'The regulatory pendulum has swung too far,' argues John D Wood's lettings chief, and it is time for a recalibration of red tape 'to create an environment where landlords can freely enter and exit the…
Foxtons heralds sharp increase in London property market activity
'It’s fair to say that as planned, we are ahead of the curve,' says estate agency boss Guy Gittins as the market turns upwards.
£5mn+ property sales remain ‘well ahead of pre-Covid norms’ in London, despite sharp drop last year
Some £5.7bn-worth of luxury homes changed hands in London through 2023, reports Savills, despite a marked slowdown from the pandemic-era property boom.
Industry Reactions: Official data reveals UK house prices falling at fastest rate in 12 years
The latest UK House Price Index tells of 'a frosty end to the year', says Jackson-Stops, while buying agency Garrington says November 'was the moment the slowdown turned into a slide'.
‘Proud to pay more’: Most HNWIs want higher wealth taxes, say millionaires
'The true measure of a society can be found, not just in how it treats its most vulnerable, but in what it asks of its wealthiest members,' say Patriotic Millionaires Marlene Engelhorn and Stefanie Bremer.
Prime London Property Market Snapshot: Week 02, 2024
It has not been a busy start to the year for most of prime London's property market...
Only one region in England & Wales is showing positive annual house price growth
Average annual price decline is easing, reports Acadata, but transaction volumes are running worryingly low.
Midtown, City & East London markets holding up despite buyer caution
Sellers recognised the change in sentiment last year and responded with realistic pricing, reports Hurford Salvi Carr, while buyers competed for 'best-in-class' options.
‘The outlook has become more positive’: Knight Frank hikes UK house price forecasts
Top-flight housing market analysts have dramatically raised their expectations for house price growth this year, revising the 2024 forecast up from a -4% drop to a +3% increase.
Rightmove reports ‘tentatively promising’ new year start as buyer & seller activity jump
20% more sales were agreed in the opening week of this year than in the same period last year, while the traditional January asking price rise is more than double the 20-year average.
UK government mulls tax hike for foreign property owners
'It’s striking that other open trading economies have significant restrictions or significant tax penalties or tax takes on overseas property owners,' says levelling-up secretary Michael Gove as pre-Budget…
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 Rightmove, Knight Frank, Zoopla, Hamptons, Oxford Economics & more...