Sales

Greenfield and urban values have risen by 9.7% and 7.1% over the last year, reports Savills, but pressures are mounting from a number of sides.

Urban markets are outperforming surrounding rural areas for the first time since December 2020, reports Savills.

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A general election rather than a Tory party leadership vote would have an impact on the housing market, writes Knight Frank's Tom Bill - but that feels unlikely this year.

Market Snapshot: Knight Frank's latest London sales and lettings indices.

Some may argue that Richmond, Barnes and Chiswick are the pick of the SW London hotspots, but Wimbledon Village offers a lifestyle which, for many, is the perfect compromise, says Guy Meacock.

After a remarkable run, there is a palpable sense of unease in the market, reports veteran agent Trevor Abrahmsohn…

“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory…

"Unless high net worth foreign investors return in their pre-pandemic numbers, we can expect the market to continue to recover at a slow and steady pace, rather than with a sharp uptick," says Savills.

Net borrowing of mortgage debt by individuals increased to £7.4bn in May from £4.2bn in April, according to the Bank of England's Money & Credit data. This is above the pre-pandemic average of £4.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Zoopla, Benham & Reeves, Jackson-Stops, Knight Frank & more…