Sales
PCL prices and sales plummeted at the end of last year
Fewer than than 68 deals per week went through in Prime Central London during 2018, reports London Central Portfolio, while annual transactions across England & Wales fell by 3.
Prime London sales volumes slide to ten-year low
Transaction numbers sank to their lowest ebb in a decade in 2018, after a 14% year-on-year decline...
New breed of wealthy ‘lifestyle buyer’ boosts England’s farmland market
For the first time since 1996, farmers are accounting for less than half of all purchases, notes Strutt & Parker
The Big PCL Price Drop: Calculating the discount on a £5m property
Full-year sales figures for 2018 showed a surge in the number of £5m+ deals across central London, and it's not hard to see why...
London’s trophy home market rallies as world’s wealthy shop for bargains
Savills recorded a 43% surge in the number of £15m+ deals across PCL last year; price cuts and currency fluctuations have made the capital's trophy homes look 'relatively good value in an international …
Why resi developers should be considering the specialist retirement sector
Success in other niches has shown how a differentiated development can succeed even at times when the general housing market is poor, says Nigel Sibley
Market woes hit PCL property fund
London Central Portfolio Property Fund sees net asset value fall by nearly 20% as political uncertainty and tax changes eventually take their toll; investors are playing the long game, says LCP boss Naomi…
Bridging loans became much more widespread, and a fair bit cheaper, in 2018
New data and a broker survey indicate growing demand for short-term property finance
Bleak end to the year for the UK’s resi auction market
Lots offered, sold and total raised were all well down on the same period in 2017, reports EIG, as the market remains 'on tenterhooks'
UK transactions dipped in December but show yearly rise
HMRC reports seasonally adjusted resi transaction count for December at 102,330, down slightly on the previous month but up 3.6% on December 2017
Priciest boroughs weigh heavy on the capital as annual growth falls back below zero
LSL & Acadata index records UK house price growth at seven-year low, with London slipping back into negative territory; Westminster & RBKC post 12-month movements of -24.8% and -21.2% respectively
Slow start to the year for asking prices, as new listings fail to materialise in London
"The Christmas slowdown came early" for the UK property market, says Rightmove, "and the hangover lasted a few days longer into the New Year than usual".