Sales
‘London’s overall influence on the prime market has dropped’, says Rightmove, as Scotland becomes Britain’s fastest-moving £1m+ property market
London now accounts for 40.5% of all seven-figure transactions in the UK, down from 47% before the pandemic.
Heatmapped: ‘Staggering’ regional price growth slackens off
Some of the heat has come out of the UK's regional markets in the wake of June's stamp duty deadline, but prices 'remain resilient in the round', reports Acadata.
Regional town & city markets shine as buyers seek out ‘best of both worlds’
The race for space is evolving - but where are buyers choosing now, and what are they getting for their money?
Stamp Duty holiday should not have been extended, says RICS
“We would urge the Government to undertake a full-scale review of the current stamp duty land tax system," says the Royal Institute of Chartered Surveyors.
Sales & new listings dip as property market ‘takes a breather’
House prices "are expected to continue to climb higher over the year to come," says the RICS, "albeit the pace of increase is likely to subside somewhat in the months ahead."
Prime market accounting for 12% of London sales
3,381 £1m-plus resi sales were lodged with the Land Registry in the capital during H1, with 117 breaching the £5m mark.
Prime London property market ‘shrugs off’ end of stamp duty holiday
"We can confidently predict a strong end to the year," says Knight Frank, "just less frenetic than the first six months."
Nearly three-quarters of sales are going to competitive bids, reports north London agency
‘The reports that the property market reached its peak at the end of the stamp duty holiday are unfounded’, says Arlington Residential.
Prime London buyers still splashing out on larger homes
More than half of properties sold over the summer had three or more bedrooms, reports LonRes.
Property prices likely to rise by a third over the next ten years
Using a very long-range crystal ball, insurance website Comparethemarket is predicting that London's average property value will climb by 63% by 2040, with the UK average rising by 58%.
£25m Surrey mansion sparks off-market bidding war
Knight Frank has tucked away £100m worth of property on the Wentworth Estate so far this year, including the spectacular Villa Oman.
Newmarket tops supply shortage hotspots as home sales surge by 79%
Rightmove has identified which locations are being hardest hit by the ongoing shortage of properties available to buy.