The Market
PCL market to avoid price falls in 2024 & see five-year growth of 18.7% – Savills
Prime Central London is a ‘buy', says agency, as latest predictions show UK's high-end markets bottoming out next year and recovering more quickly than the mainstream.
Property Industry Reactions: King’s Speech confirms leasehold reform agenda
King Charles confirms a Leasehold & Freehold Bill will go before Parliament, with a view to banning leaseholds for new houses, and increases the standard lease extension period from 90 to 990 years.
New conveyancing rules promise to ‘modernise’ property exchanges
The Law Society's new draft code of practice aims 'to remove the uncertainty around exchanging contracts for commercial and residential property by allowing [conveyancers] to use new technology to conduct…
‘Weak sentiment’ hits Prime London’s sales market
October's registrations, exchanges and viewings were at similar levels to those recorded just after the ill-fated mini-Budget in 2022.
‘Introduce a new global minimum tax for the world’s billionaires’: Six recommendations to ‘reconcile globalisation with tax justice’
Renowned economist Joseph Stiglitz is amongst those proposing 'an ambitious and yet pragmatic agenda for the coming years to move towards a fairer international tax system.'
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 JLL, Knight Frank, HMRC, Zoopla, LonRes & more...
Marketing ESG: Do homeowners value & seek sustainability?
With the roll-back on net zero policies billed as a cost saving exercise, Flora Harley examines whether UK homeowners value sustainability and how property marketing can play a role.
Postcard from Greece: Property market players ‘have moved away from a cautious approach’
In the latest PrimeResi dispatch from Luxury Portfolio International, Jeronymo Kontonis notes a growing sense of optimism in top-end Greek property markets, and highlights some major developments and key…
Interest rates held at 5.25% – Bank of England
Widely-anticipated decision sees interest rates held steady again.
Currency Matters: Chart analysis suggests we could see a property market bounce as early as February
Applying the kind of long-term analysis used in the financial world indicates the UK housing market is approaching a pivotal moment, explains David Huggett...
‘UK property is the darling of GCC investor portfolios’
The majority of high net worth investors from Saudi Arabia, Qatar and the UAE say their confidence in the UK property market has increased over the last 12 months, reports Al Rayan Bank.
Bridging loan activity bounces back
Short-term property lending has increased, while the traditional mortgage market has slumped in the face of rising interest rates.