The Market
Asking prices drop for the first time this year
Asking prices across the market have dropped for the first time this year, according to the latest from Rightmove.
Month-on-month asking prices are down by 1
Camden clamps down on “Buy to Leave” investors
Camden Council sounds pretty fed up with the number of unoccupied properties on its patch, and has asked for additional powers to clamp down on "Buy to Leave" investments
Cash Mapped: Knight Frank charts housing wealth
Knight Frank has drawn a map of Britain's housing wealth. The results are not surprising: 27% of Britain's gross housing wealth is in London, and 17% in the rest of the South-East. The South-West has 9%
Prime property’s mood music hits a high note
"The mood music in the UK has become much more upbeat in recent months," says Gráinne Gilmore in Knight Frank's latest residential market report.
Average house prices rose by 0.8
Britain is “flirting with a property bubble”
The UK is on the brink of a "another runaway rise in house prices", according to a poll of economists by Reuters, with a 50/50 chance that we'll see something like 1997-2007's tripling of house prices…
Prime buyers back with intent after a year of window shopping – Chesterton Humberts
Sales of £1m+ houses in London rocketed by 31% in Q2 of this year, according to the latest from Chesterton Humberts, as the agency revises its house price forecasts to a +8.2% for the year.
New-Build Me Up: Ten top tips for buying off-plan
Buying off-plan has come a very long way since the days of crossed fingers and sums on the back of a ciggy packet, but it can still feel like taking a punt
60% of London’s homes now sold off-plan – CBRE
Pre-completion sales across the capital have reached record levels, according to CBRE, with three in five homes now sold before they are built
Buyers return to the market at fastest rate since 2009 – RICS
Although by no means the biggest data pool - the latest had just 315 contributors - the RICS Residential Market Survey carries more weight than most sentiment surveys
Shrewd property investors reap 2,200% returns over 18 years
New stats from Savills show that a property investor could, if they picked the right areas, have turned £1m into £23m over the last 18 years.
Every Cloud: SDLT hike creates “profound” increase in value for money between £2m-£3m
Property search firm Garrington reckons there's some serious value for money to be had in the £2m-£3m bracket across London right now, as the stamp duty rise from 5% to 7% continues to distort the market.
Move Along: Traveller sites given marching orders
Eric Pickles has told local councils that they should clamp down quickly on illegal encampments and unauthorised traveller sites, as he announced a new set of guidelines that gives "more power and a stronger…