Sales
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
Nearly of half of UK property sales have been hit by down valuations in the last year
A London estate agency has estimated that nearly 400,000 residential transactions across the UK have been hit with a down valuation in the last year - including 59% of transactions in the capital.
How priorities are changing amongst prime & super-prime buyers
Lifestyle and security are the most important elements for UHNW purchasers, writes Steve McGregor, but those things will look very different in a post-pandemic world…
‘Acute’ property stock shortage to continue into 2022 – Zoopla
“The post-pandemic ‘reassessment of home’ has further to run," says Zoopla, as the UK's property market faces its "greatest stock shortage since 2015."
Britain’s 19 new million-pound property markets
"The pandemic has left its mark on the UK property market by magnifying existing trends rather than re-writing the rulebook," says Knight Frank, as the firm identifies 19 new £1m+ property markets across…
Transaction numbers plunge following Stamp Duty deadline
Official estimates tell of a 63% drop in residential property sales from June to July - but transactions are still running above last year's level.
Mapped: Established & emerging PCL neighbourhoods
Cluttons takes a look at the evolution of Prime Central London.
PCL developer reports massive spike in UAE enquiries as travel restrictions ease
‘The coming months will be dominated by eager buyers from the Middle East looking to invest in the capital,’ predicts Almacantar.
Number of £1m-plus homes jumps by 100,000
Another 98,931 properties have joined the seven-figure club in the last 12 months, according to TwentyCi
‘Signs of stabilisation’ as property supply picks up
"This month’s slight rebalance of the market is welcome news and a much-needed step in the right direction," says Propertmark's CEO, "with supply of property beginning to increase and the number of homes…
Estate agent: ‘The supercars are back’
First signs reported of wealthy Gulf buyers returning to PCL.
Stamp duty receipts above average despite holiday
Latest data shows strength of the prime market & continued interest from overseas buyers - despite the new surcharge…