Sales
Letter from Knightsbridge: PCL’s ‘best value’ neighbourhood turns a corner
Knightsbridge started losing its sheen eight years ago, writes boutique agency founder Patrick Alvarado - but big-spending buyers are once again seeing the appeal...
Winkworth predicts 5% drop for house prices this year
Estate agency expects an increase in the number of large family homes offered for sale as living costs climb.
‘It is clear that we have returned to a much more price-sensitive housing market after two years of a buying frenzy’ – Rightmove
Asking prices drop 'in line with the norm' despite financial uncertainty.
Tom Bill on what the property market needs & expects from this week’s Autumn Statement
Capital Gains Tax rather than stamp duty has been the subject of speculation ahead of Thursday’s announcement
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 Rightmove, Savills, Knight Frank, Acadata & more…
Mini-budget ‘aftershocks’ felt in London’s prime property market
Prices slipped as negative sentiment set in during October, but Knight Frank isn't expecting the kind of major-level declines seen during the GFC.
Brokerage reports 50% jump in American demand for prime London property
Nest Seekers has 'stepped up the mobility of agents and services between New York and London', as more US buyers eye UK property investments.
Property sales ‘continue to stall’ while rental market picks up steam
A 28-month run of rising house prices has come to an end, reports the RICS, as buyer demand tails off and transactions stall.
Gazundering backfires for buyers as deals collapse
One major London estate agency has seen 20% of its sales pipeline fall through as a result of buyers trying to renegotiate prices, reports acquisition firm Black Brick.
UK house price growth slows to 8.8% – Acadata
The annual change now varies from 2.2% in Greater London to 30% in Bournemouth, Christchurch & Poole.
New shortage of property for sale looms, warns London estate agency, as market appraisals drop by a third
Buyer demand remains strong in London, reports Chestertons - but the estate agency carried out 34% fewer market appraisals in October than in September...
Property market moves towards ‘a lower activity environment’
Residential transaction volumes are likely to drop to under three-quarters of pre-pandemic levels in 2023, suggests Savills, and not recover until 2025.