Sales
London vendors slash prices to secure a buyer before Christmas
Chestertons recorded a near-60% increase in price reductions across its network in September, which looks to have stirred buyers into action...
‘Buyers & sellers recalibrate and try to second-guess what’s coming next’
"Much like the weather over the last month, the property market has become increasingly unpredictable," says national buying agency Garrington in its monthly top-line review of market machinations
Prime London property transactions jump 14%; instructions up 9% – but prices fall
New LonRes data for Q3 tells of a markedly busier Summer compared to last year in prime London - although the market above £5m remains subdued
Average time to sell jumps as the property market freeze continues
Two separate analyses tell us that homes are taking longer to find a buyer now compared to a year ago
UK property price growth picks up; Inner London shows signs of recovery – UK HPI
The annual rate of UK house price growth has climbed to +1.3%, according to official data
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade …
‘Slow & steady’ property market persists as exchanges nudge up but new instructions dip
First-time buyers have boosted transaction volumes, reports TwentyCI
Pitch Perfect: Advising vendors on pricing to sell
Savvy sellers are beginning to understand the risks of overcooking an asking price in the current market, says PCL agent Nic Pejacsevich
Buyers & sellers hold back as uncertainty continues to frustrate the property market
"There are good reasons for thinking the latest dip in both buyer enquiries and vendor instructions is a response to the endless wrangling about Brexit," says the RICS Chief Economist
What do UK property investors think about overseas buyers?
Fears over the UK losing its appeal on the world stage juxtapose calls for curbs on foreign investment in poll of 1,000 domestic players
Country house price declines moderate as prime buyers sense value
Market Snapshot: Knight Frank’s Q3 sit rep for the prime country house sales market
Blue Sky Thinking: James Greenwood on why it’s a buyer’s mistake to wait
Whether we wind up with a hard Brexit, a soft one, or none at all, we are unlikely to see any dramatic effect on the property market, argues buying agent James Greenwood - and those waiting for the perfect…