The Market
Reflecting on the Autumn Statement & latest OBR forecasts
The government’s ability to boost housing delivery is limited as higher mortgage rates curb demand, says Tom Bill.
London property market is at a ‘turning point’ says Foxtons
'Now is a good time to buy' a property in the capital, says estate agency.
House prices likely to fall 4.7% next year – OBR
House prices are likely to bottom out at the end of 2024, before "recovering slowly" to reach their late-2022 peak level in the second half of 2027.
‘Not the helping hand for the housing market that many hoped for’: Property industry reactions to the Autumn Statement 2023
Tax cuts have been welcomed, but industry insiders wanted to see more interventions to boost property transactions.
Required Reading: The Autumn Statement 2023 for HNWIs & business owners
Mishcon de Reya's team walks us through the key announcements and policy points raised in Jeremy Hunt's big speech.
Autumn Statement 2023: Chancellor cuts taxes & pledges planning reform
Measures announced in Jeremy Hunt's 'Autumn Statement for growth' include a new Permitted Development Right that could allow the conversion of any house into two flats, provided the exterior is unchanged.
The off-market arena isn’t about working in the shadows…
...it's about the art of the deal, writes Anderson Rose's Jon Byers...
‘Too soon to call an end to the house price correction’, say economists
Britain's housing downturn 'has some way to run,' says Capital Economics.
Prime London Property Market Snapshot: Week 46, 2023
Deal numbers are down again in the capital...
Leasehold reform plans could boost property prices by up to 10%
Leasehold reform proposals 'come with large unforeseen consequences regarding affordability and pricing within the leasehold market,' warns Knight Frank.
Home-buyers are ‘sensing that the window of opportunity to negotiate significant discounts may narrow soon’
'Increasing levels of pragmatic buyers are seemingly prepared to offset short-term higher borrowing costs for generous savings off purchase prices', says buying agency Garrington.
Tom Bill: Lending outlook improves but risks will remain in 2024
Psychological milestones will be important for the property market as mortgage rates continue to fall, writes Knight Frank's head of UK resi research.