Sales
Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
Homes from Home: Priya Black on new-build buyers in lockdown & how Covid-19 could change estate agency
Buyers are not responding to the Covid-19 crisis in the same way as to the 2008 global financial crash or to 2016's Stamp Duty changes, says Knight Frank's Priya Black, who heads up the Baker Street…
Country house market recovery thwarted
After three years in the doldrums, country house prices and activity were beginning to turn up in Q1, says Knight Frank. Now prices are likely to drop by 3% this year.
Covid-19 – a catalyst for positive change in the property market?
While it would be easy to only see the negatives, this situation will be what we make it, writes Tim Hyatt...
Distressed deals are hard to come by, says PCL buying agency
This is not like the GFC, buyers told
Bumper Q1 for Savills’ development land team
Agency reports selling over £436m worth of land during the first three months of the year
£82bn-worth of resi property deals are in ‘suspended animation’
Zoopla estimates that 50% fewer homes will be sold in 2020 than in 2019... The current rate of deals is about 10% of the usual March tally - a market more akin to late December than Springtime.
London’s resi development industry ‘made hay’ during Q1
Latest Molior survey of the capital's new-build scene shows sales and starts were both up significantly pre-lockdown
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
Off-plan sector facing wave of legal disputes, warns private wealth firm
Developers are already 'exploring their options' over deals where the buyers seem to have gone cold, reports Boodle Hatfield
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
FT: How coronavirus is threatening the UK’s second-home market
Writing for the FT, Liz Rowlinson reports from the UK's holiday home hotspots, where the coronavirus has been heightening tensions between locals and second home owners.