The Market
Property transactions rocket 30% in a year as market “bounces into 2014”
The number of homes sold last month was 29.9% higher than in January 2013, according to the latest numbers from HMRC.
Seasonally-adjusted transactions increased by 1
Hackney Quick: 350 buyers queue up in East London
If you needed proof that the capital's property market was sizzling hot right now, how about 350 buyers queuing up outside an estate agency for the chance to buy an off-plan flat?
The Mission
“Best waterside development site on the South Coast” comes up for sale
Billed as "the best waterside development site on the entire English South Coast", a massive opportunity has come up in Devon with plans for 90 new homes with direct river frontage.
Chances to buy 3
PCL resi will be the best performing major asset type in 2014 – Chesterton Humberts
Chesterton Humberts is backing London prime resi to significantly outperform both gold and the FTSE 100 in 2014.
The firm's latest index has tipped capital values to rise by 10
“Welcome jump” in supply can’t sate demand as average asking prices breach £250,000
Average asking prices have now breached £250,000, says Rightmove, after climbing by 3.3% this month and by 6.
Speediest market since 2007 as two thirds of sales agreed within a month – Hamptons
On average, it takes less than five and a half weeks to get a deal agreed on your house in London at the moment, according to Hamptons International
“Looming stamp duty crisis” could stop property market growth – LCP
There's a "looming stamp duty crisis" that could see "positive growth hitting the bricks again" warns investment firm London Central Portfolio, as average property prices across England and Wales tickle…
“Fuzzy guidance” as property market moves on up – Knight Frank
"The housing market is picking up" trumpets Knight Frank in its latest update, which comes with a fascinating graph showing causes/effects of various economic landmarks on property transaction levels since…
Three-to-one opportunity in Battersea
This doesn't come along very often: three £1m houses in a row for sale on a tree-lined street in Zone Two, throwing up an opportunity to create one of Battersea's most spectacular single residence.
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review
Over a million deals in 2013 as sustainable growth kicks-in – CBRE
Over a million residential transactions rocked the UK market last year, according to CBRE; 2013's 1,077,510 deals was a 16% increase on 2012's tally
“Listless” property supply is “seriously hampering growth” – RICS
January saw the lowest number of houses hitting the market since its lowest ebb in July 2012, says the RICS, and this oft-reported lack of supply of homes "is seriously hampering growth and pushing prices …