Sales
‘Developers will struggle to break ground on new sites’: Woes continue in PCL’s new-build sector
New-build transaction slump should serve as a cautionary tale against any further tax tinkering, warns LCP
Supply & demand move further out of kilter as vendors hold back
Demand may be surging, but new property listings have fallen by 21% year-on-year says Knight Frank, while January's UK transaction tally was 4% lower than in 2019...
Ranked: 2019’s best & worst performing areas for house price inflation
North Devon and southern Wales saw the highest rates of property price inflation last year, while London boroughs saw the sharpest falls.
Best bids and attended exchanges on the rise in PCL, reports agency
Buyers’ and sellers’ confidence and optimism is 'back with a bang', according to Chestertons
High value deal surge in Central London pushes property price inflation rate up
"Increased London house price growth may reflect a larger shift in the type of properties being sold than usual," says the official UK House Price Index, "with more sales of very high value properties.
Developers are back on the hunt for sites in PCL
Demand amongst both large and SME housebuilders for new sites in zones one and two is 'robust', reports Knight Frank, following a big drop-off in the wake of the EU Referendum
Cash buyers pay an average of 9% less for a home than mortgagers
The average price paid by cash buyers for a home in the UK is 9% less than that paid by mortgaged buyers... But it's a different story in London.
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
Westminster is now more expensive than Kensington & Chelsea
Latest data shows a changing of the guard in PCL, as Westminster outperforms its neighbour to become the UK's priciest borough
Homes in English market towns command a 12% average mark-up
Beaconsfield has the highest house price premium of any market town, says Lloyds Bank, followed by Henley-on-Thames and Bakewell.
Mayfair deal numbers could jump by 50% this year, predicts Wetherell
Mayfair's "polarised" property market is due to bounce back after three years in the doldrums, says Peter Wetherell.
Rightmove predicts ‘a series of new price records’ this Spring
Supply is finally starting to rise, says Rightmove, but not as fast as demand...