The Market
Rightmove reports ‘tentatively promising’ new year start as buyer & seller activity jump
20% more sales were agreed in the opening week of this year than in the same period last year, while the traditional January asking price rise is more than double the 20-year average.
UK government mulls tax hike for foreign property owners
'It’s striking that other open trading economies have significant restrictions or significant tax penalties or tax takes on overseas property owners,' says levelling-up secretary Michael Gove as pre-Budget…
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 Rightmove, Knight Frank, Zoopla, Hamptons, Oxford Economics & more...
‘Pressures on the rental market show few signs of abating’ – Hamptons
Estate agency expects the average rent bill across Great Britain to rise by another 7% this year, followed by 5% in 2025 and 5% in 2026.
‘Street vote’ planning referenda could allow building extensions up to seven storeys
'The value of property may increase as a result of a street vote development order, so there is an incentive for homeowners to work with their neighbours to prepare one,' says Michael Gove's Department…
Buyer demand ‘tracking 14% ahead’ of early 2023, says Zoopla
'The start of 2024 has been far more positive than this time last year,' notes one estate agency boss.
Rents continue to rise but ‘we are past peak growth’
Fine & Country boss Nicky Stevenson shares her overview of the prime rental market at the start of 2024.
Enter the Dragon: Ollie Marshall sees auspicious signs for the year ahead
Regardless of what happens at the polls, 2024 will undoubtedly be a year of change, says buying agent.
Chestertons heralds 24% jump in offers made on London homes
Buyers are returning to the market as mortgage rates start to fall, says estate agency.
From high-priced Sandbanks to fast-moving Dunfermline: Rightmove’s five property market takeaways from 2023
From asking price hotspots to property search trends, Rightmove has flagged some key trends from its 2023 data.
A record 50% of homes sold last year took a price cut
After a subdued 2023, Hamptons expects the supply of homes available to buy to improve this year, although 'confidence could still be vulnerable to economic shocks and global events'.
Prime London Property Market Snapshot: Week 01, 2024
London's prime property market has started the new year as it left 2023 - pretty quiet.