Sales
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...
City high-rollers return to Prime London
Proportion of £2m+ buyers from a City/finance background hit a six-year high in 2019
London house prices have risen at nearly twice the pace of the national average in the last ten years
Property prices in Greater London escalated by 82% between 2009 and 2019, according to research house Acadata. That's nearly twice the average house price inflation rate across UK regions (42.6%).
‘House price pressures appear to be building’ as market activity grows
Surveyors "are optimistic regarding the outlook for activity over the next twelve months," says the RICS.