Property transaction numbers recover from lockdown lowpoint
The cumulative number of offers accepted in the UK since the start of the year is now above the five-year average, says Knight Frank.
Ranked: Which locations see the biggest average property price reductions?
Homes sold in the UK in the last year achieved an average of 95.8% of their initial asking price, according to some research by estate agency comparison website GetAgent.
One month on: New data shows the impact of the Chancellor’s stamp duty holiday
Rishi Sunak’s emergency measure to boost the housing market is working, says Knight Frank, and there’s an argument for making it permanent…
‘The best buying opportunity in nearly a decade’: Why PCL is well-placed to weather the storm
Despite well-documented near-term challenges, factors including current pricing, currency movements, interest rates and the recent stamp duty cut mean the London market is offering the best buying opportunity in nearly ten years, suggests Rory Penn…
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
Why PCL is a great place to be in the ‘new normal’
While many are talking about a migration from the city to the suburbs or country, being right in the mixer has definite advantages, says Simon Rose…
Village enquiries soar as city dwellers ‘plan their escape’
The number of city residents contacting agents about village property jumped by 126% in June & July, reports Rightmove, while town enquiries were up by 68%…
FT: Could coronavirus spell the end of trendy east London?
Hackney Wick, Haggerston and Hoxton were all among the ten least-searched-for locations in London during lockdown, reports Antonia Cundy in this piece for the FT…
Global Buyer Survey: Five trends to watch
Knight Frank is tipping these ‘nascent’ trends to emerge as a result of the pandemic…
Global Buyer Survey: What impact has Covid-19 had on resi buyers’ attitudes?
Key takeaways from the latest canvassing of Knight Frank’s worldwide applicant base, revealing just how much expectations, considerations and motivations have changed in 2020…
Lifestyle buyers plough into UK farmland market
Savills’ rural team reports a surge in demand for lifestyle/amenity farms amid a continuing shortage of supply…
Strutt & Parker stands by 2020 property price forecasts, despite plunging transaction numbers
Average UK house prices are likely to drop by anything from 1% to 7% this year, predicts Strutt & Parker – although the short-term impact “could be much gloomier” in some parts of Prime Central London.