Hard-bargaining buyers take advantage of uncertainty in Prime London
Vendors and purchasers spent much of Q1 on the fence, but those who did choose to buy were ‘aware of their position and negotiated accordingly’, reports LonRes…
Mapped: Achieved rents & ten-year price growth across Prime London
Granular analysis shows how the prime postcodes have performed over the last year, and decade…
Carrington on Q1: Sliding stamp duty receipts and a Brexit fiasco
SDLT was brought in to cool the market, but this one size-fits-all approach has neither worked for the London market nor the Treasury, says LonRes Chairman William Carrington
Number of offers made in PCL hits a ten-year high
Buyers are ‘positioning themselves for life after Brexit’, says Knight Frank
Buying agency calls London’s next prime property hotspots
Buyers would be well-advised to revisit these two ‘overlooked’ areas of the capital, advises Black Brick
Specialist off-market agency proves popular with SW London’s ‘Brexit sellers’Â
Mark Wells’ Invisible Homes is securing more new instructions in Fulham than many of the big-name agents – so what’s the secret?
Bank of England revises down house price forecasts amid ‘Brexit-related uncertainties’
Political uncertainty, affordability constraints and policy changes have all taken a toll on demand in the UK housing market, warns the BoE in its latest inflation report; average house prices are now expected to fall by 1.25% this year, instead of the 0.25% annual increase being predicted just three months ago…
The smart money is making a move in London, but will these early shoots bear fruit?
A US tycoon’s recent ultra-prime splurge has helped boost sentiment in the capital, write Richard & Sophie Rogerson, but the key challenges remain for all buyers…
Brexit delay has prompted a ‘significant increase’ in buyer activity, reports agency
Estate agency Winkworth has seen a 27% jump in new buyer registrations and a 24% rise in agreed sales since the latest Brexit delay was declared at the end of March
Property demand has fallen to a six-year low – NAEA
Estate agency branches have fewer properties available to buy compared to last year, and buyer numbers have dropped to their lowest March level since 2013
Unsold new-build units pile up in London
A record 31,500 units under construction across the capital are unsold, reports Molior, which is nearly half of all units currently underway; demand from investors has been quelled by government measures in recent years, and ‘normal people who want somewhere to live are not buying them’
Lies & Statistics: On the lost art of valuing property
Portals have given vendors the ability to do their own research, but gauging the right asking price remains beyond the reach of machines, says Patrick Alvarado