The Market
Transaction numbers fell again in September – HMRC data
'Transaction levels continue to be subdued as buyers remain cautious,' comments Savills.
Property prices to bottom-out in 2024, predicts JLL
Property firm expects 'a gradual improvement in the economy' and highlights 'a positive outlook for the residential sector' - despite a 'significant undersupply of homes' that's set to 'worsen further'…
‘A mess in search of a solution’: What can be done to fix our dysfunctional rental market?
It must be obvious that the current situation is bad for everyone, writes Property Vision's Charlie Ellingworth.
‘Removal of anonymity’ & sanctions behind PCL’s high-end sales slide, suggests accountancy firm
Sales of £5mn-plus properties in the traditional prime resi heartlands look to have plummeted by a third in the past year.
No Autumn bounce for mortgage lending
BoE data shows a continued decline in mortgage lending activity through September.
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
Giles Barrett: On the fragmentation of the property market
'I just looked at the leading portal for ‘Notting Hill properties launched within the last 7 days’; from the 72 new listings, there were 34 different agents. If
Government revamps move to phase out ‘feudal’ leasehold regime
Michael Gove's new Leasehold Bill could mean all new houses must be sold as freeholds.
Tom Bill: Election countdown begins for UK housing market
Discussions around support for buyers, stamp duty cuts and the Renters Reform Bill are becoming more hypothetical as the general election approaches.
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 LonRes, Foxtons, Propertymark, Benham & Reeves, Savills, Foxtons & more...
Value of the UK’s Build-to-Rent sector set to almost double in the next five years
'The UK’s BTR sector is experiencing a remarkable surge in overall worth,' says Knight Frank.
‘It’s clear that London is being driven by the £1mn+ market at present’
There are 19,116 properties currently listed for sale across London for at least £1mn - representing 19% of total market stock.