The Market
Mortgage approvals ticked up slightly in May – BoE data
'Not as bad as some we may have feared,' says North London estate agent Jeremy Leaf - but Savills warns that June's lending statistics 'will be more telling given the timeline of turbulence in the mortgage…
More high-end vendors opting to sell on the quiet as market slows, reports PCL agency
Tyburn has taken on nearly £70mn worth of 'silent listings' recently, including a number of apartments in some of London's most exclusive new developments.
Tom Bill: Prime London market resilient despite rising mortgage costs
'The economic mood has darkened but the market is far from grinding to a halt,' says Knight Frank's research chief, Tom Bill - although 'the air continued to slowly come out of the prime London property…
Five parts of the economy that are hit when house prices fall
Finance professor Anandadeep Mandal explores what the UK's cooling housing market could mean for the wider economy.
Property price cuts on the rise as higher mortgage rates ‘hit buying power by up to 20%’
The average asking price discount has climbed to 3.8%, says Zoopla, as one in six vendors accept offers at least 10% below their initial asking price.
Tenant enquiries surge as London’s ‘Lettings Season’ kicks off
Chestertons reports a dramatic increase in rental market activity, warning tenants of a 'highly competitive' market.
Riverside Rules: House prices near inland waterways outperform seaside locations
Jackson-Stops has taken a deep dive into waterside property price premiums, highlighting a sharp increase in values over the last five years.
Property service charges have risen by an average of 52% in the last five years
Service charges surged as improved fire safety measures were introduced in the wake of the 2017 Grenfell Tower tragedy.
Children of the Revolution: How the Millennial & Gen Z generation have impacted the luxury property sector
'The rise in private wealth amongst the Millennial and Gen Z generation has the potential to completely re-shape luxury property for the future,' say members of the Luxury Property Forum as they identify…
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 Beauchamp Estates, ONS, The Buying Solution, OnTheMarket, Knight Frank & more...
‘We are now seeing cautious confidence returning to the market’, says London agency
Chestertons reports more buyers offering on properties and more sellers coming to the market in the capital.