Notting Hill market sets the pace as buyers ‘get on with their lives’
The average number of days between a property being listed and going under offer in W11 has fallen by 42% over the last year, the biggest such reduction in PCL…
To The Manor Drawn: On the realities of buying a top-tier country pile
There is much more to consider besides maintenance and running costs when acquiring a genuinely top-end country estate or manor house, says Charlie Wells; first-generation ‘country squires’ are often blissfully unaware as to what they could be getting themselves into…
May is peak buying season in the UK property market
‘The traditional buying seasons remain apparent in both London and the regions’, says Knight Frank, after analysing sales activity over the last three years; vendors urged to act now if they want to ‘hit the sweet spot’
Deals, Disputes & Dilemmas: On the complicated business of dual fees
Following the publication of new TPO guidance on dual fees, designed to curb the rising number of disputes, veteran agent Trevor Abrahmsohn steers us through the labyrinthine world of inter-agency dealings, offering his thoughts on best practice, and harking back to a high-profile – and complex – case involving one of London’s finest mansions…
UK property prices drop by 0.8% in a month, driven by a Southern slowdown
The UK’s average house price fell by 0.8% between December 2018 and January 2019, according to the latest official UK HPI, leaving the annual rate of growth at its lowest level since 2013.
Portal valuation leads jump by over a third
Rising new business leads could indicate pent-up supply in the sales market.
Long in the tooth? Analysing the 2014-2019 bear market from a historical perspective
At the end of last year, fund manager-turned-buying agent Fraser Slater set out ten reasons why he expects Q1 2019 to mark the low point of the Prime Central London property market; here, he looks back at how the current downturn compares to others over the last 30 years, and assesses if there are grounds to believe that prices have indeed bottomed out…
These four years saw average house prices double within five years
The average value of a home rocketed by 100% within five years of 1974, 1980, 1989 and 2004; it took 16 years for the same growth to be recorded to the end of 2018.
Mixed picture for house prices across England & Wales as market conditions remain ‘challenging’
Annual change currently at -0.5%, reports LSL & Acadata, after marginal monthly rise; transactions slip to 59,100, marking the lowest February figure since 2015
Spring property market ‘off to a subdued start’ as buyers hesitate
The usual spring buoyancy is being weighed down by Brexit uncertainty, says Rightmove.
‘Greater supply but little choice’ for Mayfair buyers
Stock levels may be at a record high but it has ‘never been harder to see the wood from the trees’, notes ‘Mayfair Guru’ Peter Wetherell
Mortgage lending is ‘off to a strong start’ in 2019
The latest monthly update from UK Finance indicates that more home-movers and first-time buyers were active in the mortgage market in January this year compared to last. Buy-to-let lending, however, continues to decline.