Sales

Overseas buyers have been behind 41% of Prime London transactions in 2020, spending an estimated £3.3bn, according to new analysis.

Detached homes are seeing notably higher property price growth in England compared to other property types, climbing by 6.

Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation.

68% more properties reached the market in October compared to the same month in 2019, reports LonRes, and levels are running at 37% above the five-year average...

There are 14 local authority areas where properties listed for sale tend to find a buyer in 30 days or less...

Ed Heaton took drastic action to salvage a property chain - buying the flat at the bottom to ensure all five deals went through, including his own sale at the top.

Demand for larger flats has more readily switched to houses in recent months, notes Knight Frank, and some investors may be sensing a buying opportunity...

"New sellers appear to be pricing more keenly, to improve their chances of getting a quick sale and beating the March stamp duty deadline," says Rightmove.

Savills is confident that Prime Central London’s property market will bounce back - as soon as international travel resumes and the streets regain their famous buzz...

The UK property market remains "exceptionally busy", says Garrington in its latest monthly sit-rep, despite the national Coronavirus lockdown and what would normally be the start of the seasonal slowdown.

Whilst down on the previous month, enquiry levels in October were 40% up on last year's levels, reports Chestertons.

Writing for the Financial Times' House & Home section, Alexandra Goss picks up on one of the key trends to emerge in the post-lockdown property market.