Sales
Market correction coming if interest rates keep rising, says top economist
‘If interest rates are going to have to rise a fair bit, then a correction is to be expected, if not sooner then later’, warns Capital Economics boss Roger Bootle
Tom Bill: Four things to watch for the UK property market in 2022
Knight Frank's UK resi research boss runs through the key factors that could affect the trajectory of the market over the next 12 months...
The average 2021 vendor sold their home for 46% more than they bought it for
A record 92% of sellers sold their property in 2021 for more than they bought it, according to Hamptons, having owned it for an average of 8.8 years.
Which will be the hottest property markets of 2022?
Marylebone, Belgravia and Mayfair have seen the biggest increases in new buyer registrations in recent months, reports Knight Frank
One in three buyers would pay more for a ‘green’ home, suggests survey
Buyers are increasingly factoring in the environmental impact of a home to their decision-making process, reports Knight Frank
Prime property demand rises in London
Benham and Reeves has tracked which London locations have the highest proportion of open-market property listings that have been marked as sold or under offer.
Rightmove reports busiest ever festive period
House hunters and property vendors were out in force between Christmas and the New Year, reports Britain's biggest portal.
Scotland’s prime property market set to stay hot in 2022
“We’ve seen significant competition for homes throughout the year and I can’t see that changing in 2022,” says Edward Douglas-Home, head of Scottish residential at Knight Frank.
Country houses out-performed in 2021, but PCL’s property market is primed to ‘bounce rapidly’ this year
Savills expects prime regional price growth to moderate this year, while Prime Central London prices feel ready to surge upwards.
London’s super-prime resi market to boom in 2022 as agents line up £100m mega-listings
Around half a dozen homes valued at up to £100m are due to be listed for sale in the coming months.
Mortgage lending bounces to nearer-normal levels
67,000 home purchase mortgages were approved in November, according to the Bank of England; the lowest figure since June 2020, but near the 12-month average up to February 2020.
‘Vintage year’ for the prime country house market as top-end prices surge 20%
“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.