The Market
‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs
"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.
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, Henley & Partners, Savills, Knight Frank & more...
Chancellor rethinking non-dom tax raid – reports
Treasury 'fears some measures may fail to raise any money' if more HNWIs vote with their feet; boss of major property firm warns wider Labour language is 'halting investment and decisions' .
Postcard from Montenegro: ‘The luxury segment has seen a significant continued surge’
Montenegro's real estate market 'stands at a pivotal juncture' as the country looks towards EU membership, writes Natasa Grdinic of CMM Investment Consulting Group.
Global real estate bubble risks deflate as ‘real housing prices in many cities have bottomed out’
Miami, Tokyo and Zurich are still at high risk of a housing bubble, warns UBS, while London, New York and Paris are deemed to be 'low risk'.
Property market still showing scars of mini-budget mayhem – Foxtons
Major estate agency reports some positive signs, but still some way to go before there's a full return to pre-2022 health.
CGT receipts picked up after rate reduction, new HMRC data shows
Initial numbers provide some food for thought ahead of the Budget.
Prime London buyer demand dips ahead of the Autumn Budget
'Keir Starmer’s promises to target wealth as a way of increasing funding for public services is likely a major reason for a decline in demand in London’s prime market,' suggest Benham and Reeves boss…
Planning approvals sink to a record low
Fresh data 'illustrates the extent of the challenge for the UK government which has pledged to get Britain building again,' notes Knight Frank.
Prime London Property Market Snapshot: Week 38, 2024
Fewer sales were agreed last week in prime London, but there's been a steep rise in the number of homes going Under Offer.
Home-sellers move away from ‘off-market’ sales
Vendors are now almost 20% less likely to choose a low-key marketing route than last year, according to data from TwentyEA.
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.