Sales
Record highs for housing demand & rental supply
Propertymark reports that 2020 saw more home-buyers register and more sales agreed per estate agency branch than any other year of the last decade.
Buying Agent: ‘There is real scope for there to be a whirlwind of activity in the first quarter of next year’
Who could have anticipated that 2020 would prove to be one of the best years for those operating in the prime property market, writes Ed Heaton as he runs through some of the key trends to emerge in both…
Surveyors: ‘There is considerable concern about the prospect of a sharp slowdown in transaction activity’
The pace of property demand growth "does appear to be losing a bit of steam and slowing", reports the Royal Institute of Chartered Surveyors, as house prices continue to rise.
‘Momentum is building’ across prime London as buyers & tenants take advantage of lower prices
Prime London Market Snapshot: The latest data on PCL and POL from Knight Frank.
Don’t tax working from home to save the office – build more homes
Well-designed office-to-resi conversions can revitalise our cityscapes as they undergo dramatic changes accelerated by the pandemic, argues Grant Lipton...
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
Stamp Duty holiday deadline is ‘not a dealbreaker for most buyers’, as vaccine set to boost the property market next year
The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.
How the property market fared during the second lockdown in five graphs
‘In some ways, the second national lockdown had parallels with the first.
Ranked: The most important features for village property buyers in 2020
‘Lockdown proof’ locations have seen a surge in demand since the pandemic hit, says Jackson-Stops - and the local watering hole is apparently the number one draw...
Ranked: Prime London’s most price-reduced areas
21% of £3m+ sales listings in prime London areas have had their initial asking price reduced; Maida Vale is the most discounted enclave...
Average time to sell a home jumps to 141 days
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
Only one in five people expect UK house prices to fall next year
A recent survey has also found that British buyers are more likely to put forward a lower offer than asking price compared to their European counterparts.