The Market
East & East Midlands top areas for recovery potential – Hamptons
Hamptons International has been checking levels of pent-up demand across the country, in a bid to find out which areas have the most potential to soar as the country's housing market continues its recovery.
Strong start for Millgate in Ascot
We hear sales have been brisk at Millgate's new development in Ascot, Berkshire, with 50% of the units being snapped up within seven days of launch.
Westbrook House
Average flat value hits £1.1m in prime central London as £1,000+ psf market booms
PCL has "continued to outperform the wider London housing market," posting a 30% increase in transaction levels in 2013 compared to 2012 with a 50% lift in the prime £1,000+ psf segment, according to…
Indecisive vendors balance growing appetite to cash-in on London market
"Indecisiveness about whether or not to sell is still proving a stubborn obstacle," says Douglas & Gordon, despite a 20% lift in the number of valuations its taking on in January compared to last.
UK housing market “remains a long way from overheating” – JLL
Reacting to the Bank of England's February Inflation Report, released today, Jones Lang LaSalle has praised the Government for "sticking to a bold plan that appears to have worked," as signs of liquidity…
Downsizing could be key to solving the housing crisis – Savills
All this talk of building new houses is well and good, but what about using existing stock a bit more efficiently, asks Savills in its latest (25th anniversary edition) Residential Focus report.
Resi development land market “stepped up” in 2013 with values rising 7.1%
Activity in the residential development land market has "stepped up" says Knight Frank, as developers are shifting their assets more quickly, which is causing land values to rise.
Housebuilding to increase by 55% by 2018 – Savills
The quantity of new homes being built in England will hit 167,000 in 2018 - 55% more than 2013's 108,000 - according to the latest set of forecasts from Savills, but is still a good way off the requirement…
53% of PCL buyers from the UK; 42% bought as a primary home – Winkworth
Winkworth has been filling us in on how its important Kensington, Knightsbridge, Notting Hill and South Ken offices have been faring over the last few months;
Annual sales up 32%, average £psf up 13% & South London outperforms – Lonres
The definitive quarterly roundup of goings-on in the London property market - the Lonres Winter Review - will be landing on desks with a reassuring thump over the next few days.
Should we restrict overseas investors buying up UK homes?
Last week, a leading think tank pitched the idea of setting up a “non-resident housing investment agency” to limit property purchases by wealthy foreign buyers and keep a lid on the capital’s house…
Scottish prime’s “gentle recovery”
"There are signs of a gentle recovery at the top end of the Scottish market," says Savills, as the volume of £1m+ sales begins to pick up and values nudge upwards. Prime Scottish prices rose by 1.