Sales
Good news drives huge rise in new enquiries, reports London agency
Chestertons attributes ‘biggest shift in activity since the end of the first lockdown’ to vaccine progress and US election result...
When was the best time to buy in PCL after the Brexit vote?
Research reveals the exact day on which investors denominated in a range of currencies would have achieved the maximum discount on a Prime Central London property...
Property ‘flipping’ makes a comeback, reaching highest level since 2008
The number of homes bought and sold again within 12 months has reached a 12-year high.
Ranked: The biggest foreign buyer nationalities in Prime London so far this year
Overseas buyers have been behind 41% of Prime London transactions in 2020, spending an estimated £3.3bn, according to new analysis.
National house price inflation picks up; houses out-perform flats – UK HPI
Detached homes are seeing notably higher property price growth in England compared to other property types, climbing by 6.
£1bn added to UK economy for every 100,000 property transactions – claim
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.
Stock continues to pile up in Prime London
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...
Ranked: Britain’s top 20 speediest property markets
There are 14 local authority areas where properties listed for sale tend to find a buyer in 30 days or less...
Weakest Links: Top buying agent lambasts ‘bucket shop’ conveyancers & online estate agents for property chain delays
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.
Opportunity Knocks? This property type has underperformed all others in 2020
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...
Asking prices dip despite continued home-buying activity
"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.
Twelve graphs to show why PCL is ready for a comeback
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...