Sales
Seasonal slowdown opens a ‘buying window’, says property portal
A 0.6% dip in average asking prices is "an early Christmas present" for home-buyers, says Rightmove, while a jump in valuation requests from potential property vendors is "a sign of building momentum.
Winkworth set to beat profit forecasts
The market has been buoyant this year, reports the franchise operator, but trading conditions are expected to return to a 'more normal pattern' in the months ahead
Most home-buyers ‘don’t factor in energy efficiency in their purchase’ – yet
Less than a quarter of surveyors think that a property’s energy efficiency rating has any impact at all on a its selling price, according to a new survey by the RICS.
Stock shortage thwarts home-buying activity
Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.
Heatmapped: ‘The general picture is one of a slowing market’
The annual rate of inflation across England & Wales has slipped to 4.1%, reports Acadata, but ‘there will be no price collapse as some had previously suggested’
Winkworth boss: ‘We may have passed peak country’
There are people returning to Notting Hill because they thought rural life would be like Soho Farmhouse, says Dominic Agace.
Ranked: Britain’s hottest buyers’ & sellers’ property markets
Two-thirds of homes listed for sale on Rightmove are already marked as Sold Subject to Contract, up from around half last Autumn.
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.