Sales
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
‘The labour of the last ten years is about to bear fruit’: On the remarkable reinvention of Belgravia
After decades of sporadic development, all four corners of the famous PCL district are being transformed as a raft of ‘landmark’ projects finally take shape.
High-end sales surge boosts stamp duty receipts
Latest quarterly stats from HMRC signal 'significant' activity at the top-end - and reveal the impact of the recently-introduced overseas buyer surcharge...
Price rises are an ‘unmistakable sign of recovery’ for prime London’s property market
“We are not on the verge of the sort of dramatic double-digit bounce-back in prices,” says Tom Bill, head of UK residential research at Knight Frank.
A seller’s market snapshot: fail to prepare, prepare to fail
Lawyer Annabel Dean shares some practical tips for those looking to compete in this most challenging of markets…
Talking Heads: Chinese buyers have turned to the Home Counties
Before the pandemic, only around one in 20 Chinese and Hong Kong home-buyers used to look for a home in England's Home Counties; now it's nearer one in five, according to a new study.
Transaction numbers running at a 14-year high as deals speed up by nearly a month
Rightmove predicts that 1.
Buyer & seller confidence riding high, reports OnTheMarket
81% of UK vendors expect to sell within three months, according to the portal's latest sentiment survey.
Sharp drop in properties selling above asking-price
The majority of properties sold at or below asking price in September, according to Propertymark, but buyer demand continues to outpace sales supply.
Unrepresented buyers don’t stand a chance in London’s hottest markets, says buying agent
Even those with healthy budgets of between £4m and £10m are coming unstuck in hotspots like St John’s Wood & Putney, according to Black Brick
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.