Sales
2021 starts with a bang as buyers splash £500m on London’s £5m+ homes
Deals are continuing to flow in the capital’s high-end market, reports Savills.
London market boosted by lockdown ‘roadmap’, reports Chestertons
Buyers, sellers & tenants ‘responded well’ to the latest government announcement, reports 31-branch agency.
Flat prices fall as demand dwindles
Demand for flats in London has slumped as buyers seek more space in light of the pandemic experience, and the cladding scandal takes it toll.
The view from Notting Hill: Reasons to be cheerful
The sales industry is a constant cycle of fear and accomplishment where only the paranoid survive - but every now and then we should pause to reflect on the good bits, writes Giles Barrett...
Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
Wealthy overseas buyers prepare to swoop on UK’s super-prime market
‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors...
Property portal reports record traffic, but vendors continue to wait
Record numbers of people are browsing the internet for a new home - but there's a dearth of new sales listings...
Lloyds expects house prices to fall this year
Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.
Five Trends: Buying agency picks top PCL themes to watch
Which parts of the market are looking more vulnerable to the 2% overseas surcharge? And which streets are likely to prove ‘bullet-proof’ regardless of wider economic events?
Stamp duty holiday ‘to be extended until end of June’
Reports claim the Chancellor is planning a boost for the property market in his upcoming Budget.
Auction buyers unswayed by remote shift
Allsop's first resi sale of 2021 raised more money than a ballroom event put on at the same point last year.
Off-plan sales numbers slip
The share of new homes being sold off-plan has fallen from a peak of 39% in 2016 (c.69,000 units) to 33% in 2020 (c.49,000 units), according to a new index from Hamptons.