Sales
Charlie Wells: On the return of the discretionary buyer
Discretionary buyers have returned to the country market, but they are finding themselves in firm competition with the needs-based buyer - making for a perfect storm...
Official data confirm sharp drop in transactions after SDLT holiday
85,000 homes changed hands in October, according to HMRC's data - 52% fewer than in September, during the last of the stamp duty holiday rush.
The buzz is back in Marylebone, reports agency, as sales jump by 130%
Middle Eastern investors and pied-à-terre buyers are returning to the West End hotspot in significant numbers, says Savills
London’s £10m+ sector shines as deals top the 100 mark
The total number of super-prime sales recorded in the year to October was higher than in both 2020 and 2019, according to new analysis, although there has been less going on at the very top-end...
Why the PCL property market is back for good
Prime Central London became a buyer’s playground in 2021, says Edward Aldersley, citing his firm's recent acquisition of a £13m townhouse in Belgravia...
‘Fewer bargains for property hunters’ warns London estate agency
"At this point of year, we expect buyer enquiries to tail off but we have been seeing the opposite," says Chestertons.
The lost art of valuing: How the banks have yet to catch up with the market in PCL
It is a shame that the valuation process is often lost in the pounds-per-square-foot exercise while key factors - including uniqueness and development potential - remain overlooked, writes Nic Pejacsevich…
National average house price increased by 11.8% in the year to September – UK HPI
London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)
‘Far less frenzied’: Buying agency reports a ‘wind of change in the air’ for the property market
The property market is "far less frenzied" than it has been over the last year, says national buying agency Garrington, although prices continue to rise and buying activity continues to be "robust".
Agency sells £60m of new-build units in a week
Knight Frank reports a ‘superb run’ of 57 deals across schemes in central and outer London as buyers hone in on completed stock.
London’s luxury property market is still soaring, but stock levels are on the slide
LonRes has recorded some healthy transaction volumes above £2m, but prospective buyers are now facing a distinct lack of options…
‘The market is getting more binary‘: Why PCL is still far from normal
It’s a 'confusing and patchwork' picture for buyers and sellers right now, reports Knight Frank, with big variations in value depending on neighbourhood, property type, amenities and state of repair.