The Market
Saskia Arthur: London’s super-prime market holds its allure
Despite ongoing economic & political uncertainty, the UK capital will continue to attract elite buyers from around the globe, says Boodle Hatfield's head of residential property.
Property Industry Reactions: BoE holds interest rates at 5.25% again
'No great surprise,' say property market pundits, as the Bank Rate is maintained at a 16-year high for a seventh time.
UK sees ‘unprecedented’ exodus of millionaires
Britain is losing more high net worth individuals than any country expect China, as a surge in the number of moneyed migrants 'signals a profound shift in the global landscape and the tectonic plates of…
London’s rental market becomes ‘more balanced’ as supply rises – Foxtons
Rising supply relative to demand comes as 'a welcome relief to renters, landlords and agents alike', says estate agency.
Industry Reactions: Official data shows property prices ticked up in April
The latest UK HPI suggests the national average sold price increased by 0.3% from March to April, taking the annual change to +1.1%.
Prime London Property Market Snapshot: Week 24, 2024
Buying and selling activity has fallen sharply across prime London as the election looms.
Prime London rental growth slips to lowest rate since August 2021
Values are still 28.3% above their pre-pandemic average, reports LonRes.
‘Rental growth seems to be stabilising’ – Hamptons
May was the third consecutive month to see annual rental growth of around 6%.
Buying agency predicts post-election property market surge
'There is growing evidence that we may see a strong late summer market with a ‘Rishi rebound’ or a ‘Starmer surge’ if the next few months bring cheaper mortgages and a return to political stability,'…
Rich pickings for Prime London buyers as supply rises & sellers cut prices
Demand for homes is still out there but tending to be price sensitive, reports LonRes - and motivated vendors are taking action...
Tom Bill: ‘It has rarely been a better time to be a buyer in recent years’
Competition among buyers has fallen ahead of the election which is putting downwards pressure on prices, reports Knight Frank's head of UK resi research.
Buyer confidence hits highest level in six months
Latest OnTheMarket poll shows sentiment soaring across the UK in 'unexpected and unusual' response to the looming election.