Sales
There are ‘bargains for buyers in the capital’s coveted postcodes’ – Coutts
"Some parts of central London are now looking extremely cheap compared to their previous price levels," suggests Coutts Bank, going so far as to advise its HNW clients that there are "bargains for buyers…
The Telegraph: Why London’s property market will survive the doomsayers
Reports of Londoners fleeing the capital are just a reaction to lockdown, not a fundamental shift, writes Isabelle Fraser in this opinion piece for the Telegraph.
Lockdown-induced flight from cities is ‘overstated’, says Zoopla
Any increase in demand for country living over urban location is likely "to be a one-off factor rather than a long-term ‘seismic shift’ in consumer attitudes," says Zoopla.
59,000 ‘lost’ deals: Estimating the financial cost of lockdown to the estate agency sector
The UK's Covid-19 lockdown caused a dramatic slump in the number of new instruction and sales agreed, reports Twenty EA, but property exchanges appear to have been more resilient.
One in ten properties went for above asking last month – NAEA
Agency body recorded the highest proportion of above-asking sales since 2016 in June, although well over half still went through below.
The view from Knightsbridge: Patience is of the essence
Where sellers are flexible and in touch with reality, deals have kept going when they might otherwise have faltered, reports PCL agent Nic Pejacsevich...
‘There are signs that normality is returning’ to the property market, says Knight Frank, but uncertainty remains
"The UK will officially be declared to have entered a recession next month," says Knight Frank's Tom Bill.
Edinburgh hots up while Scotland’s country house market makes a ‘slow return’ from lockdown
Edinburgh's prime property market has picked up more quickly than Scotland's country house scene since Covid-19 lockdown restrictions were eased, says Knight Frank.
Foxtons reveals the ‘decision triangle’ and new-build pricing process
50-branch agency provides some interesting insights on buyer and tenant behaviour in the capital, and how it goes about pricing new-build schemes...
‘A value gap has enabled a recovery in buyer demand across countryside locations’ – Savills
England's prime regions "remain price sensitive" despite a surge of demand and activity in the aftermath of the first Covid-19 lockdown.
The view from inside north London’s Russian quarter
In a piece originally published in 2018, veteran agent Trevor Abrahmsohn explains why oligarchs first started buying in Hampstead & Highgate, and the impact of tensions, sanctions and currency fluctuations…
153 $10m+ sales worth $3.2bn: How the world’s super-prime markets fared under lockdowns
Activity may have plunged, but global super-prime property markets "outperformed expectations" under lockdown, reports Knight Frank, with 153 sales going through above $10m since March.