Sales
Country market slows as ‘discretionary’ buyers hesitate
Offer levels during the last three months were down by over a quarter on the five-year average, reports Knight Frank; average prices are now 7.4% below their last peak in Q2 2022.
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs
"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.
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 LonRes, Foxtons, Henley & Partners, Savills, Knight Frank & more...
Property market still showing scars of mini-budget mayhem – Foxtons
Major estate agency reports some positive signs, but still some way to go before there's a full return to pre-2022 health.
CGT receipts picked up after rate reduction, new HMRC data shows
Initial numbers provide some food for thought ahead of the Budget.
Prime London buyer demand dips ahead of the Autumn Budget
'Keir Starmer’s promises to target wealth as a way of increasing funding for public services is likely a major reason for a decline in demand in London’s prime market,' suggest Benham and Reeves boss…
Prime London Property Market Snapshot: Week 38, 2024
Fewer sales were agreed last week in prime London, but there's been a steep rise in the number of homes going Under Offer.
Home-sellers move away from ‘off-market’ sales
Vendors are now almost 20% less likely to choose a low-key marketing route than last year, according to data from TwentyEA.
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.
UK housing market ‘returns to growth’ with £88bn spent in Q2 2024
Savills research highlights a resurgence of mortgage lending and the highest level of first-time buyer activity in eight years.
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 Lonres, Foxtons, Henley & Partners, Savills, Knight Frank & more...