The Market
Money Where Your House Is: British property millionaires up by a third in 2013
The number of £1m+ homes in the UK increased by 31% to 92,985 this year; that's 255 new property millionaires a day, according to Zoopla. 1.
Mansion Block: Mayfair mansion house sales stall as apartment interest rises
Mayfair resi sales are 25% up on last year, but are still 75% below their 2007 boom-time peak, according to the area's top estate agent Wetherell's (with a 25% market share according to Lonres) review o…
What does £10m get you in the best bits of London these days?
According to Beauchamp Estates and Dataloft, the average price paid per square foot for London properties over the £10m mark has increased by a chunky 27% since 2011, rising from £2,400 per square foot t…
2014 is “the year to move”: Asking prices to rise by 6-8%; transactions by 10% – Rightmove
Rightmove is predicting that asking prices will rise by somewhere between 6% and 8% next year, as stock shortages continue to plague the market
Homeowners’ house price confidence hits five-year high
Homeowners are more positive about house prices now than at any time in the last five years, according to Knight Frank's latest Sentiment Survey
Uh-Oh, We’re in Bubble: 93% chance that London is over-priced
Someone's come along and told us we're in trouble: there is, according to the eminent Professor James Mitchell of Warwick University's business school, a 93% chance that London is in the midst of a property …
Prime London settles into the slow lane
UK house prices are now 6.5% up on the year, having risen by 0.6% in November. Prime central London, however, is getting comfortable in the (relatively) slow-lane, with prices rising by just 0.
“Serious risk of oversupply” in parts of prime central London market – Candy
Warm on the heels of Savills' warnings about oversupply at the top end of the market, One Hyde Park supremo Nick Candy has also been voicing his concerns about the number of prime and super-prime schemes…
“Unbridled housing boom” is unlikely in 2014 – CML
The housing and mortgage markets are likely to carry on getting busier in 2014, according to the latest forecasts from the Council of Mortgage Lenders, but the CML "sees an unbridled housing boom as un…
“Anaemic supply” driving up house prices
Expectations for future house price growth hit a more than 14-year high in November, says the RICS in its latest sentiment survey, as the amount of homes coming onto the nation's market, once again, fell…
“Strong but not spectacular” 2014 on the cards for prime London – Marsh & Parsons
Marsh & Parsons is expecting London prices to "stabilise" next year, with annual growth of between 5-7%.
After recording a chunky 10.
Game of Homes: Overcoming high pressure tactics
As the London property market continues to surge, some of the high pressure tactics deployed in the previous boom are back with a vengeance