Sales
Asking prices post biggest January rise on record as a ‘window of stability’ encourages activity
Rightmove recorded its biggest ever December/January asking price "surge" in the wake of the General Election - led by more expensive "top of the ladder" properties.
Top-end sales jump as PCL responds quickly to political certainty
Q4 was a record quarter for £20m+ deals in Central London, reports Savills, while December saw the highest number of £5m+ sales since 2014.
The next move in PCL sales prices should be up – JLL
'The prospects are more positive than they have been for five years', says the agency, tipping both transactions and prices to rally over the next three months...
Why people buy what they didn’t realise they wanted
Searching for a country property is all about testing boundaries, says buying agent Sally Fraser...
‘We’ve never seen such a sharp increase in buyer and seller activity’ – Chestertons
Major London agency reports noteworthy uplifts in buyer registrations, offers made and new instructions as improved sentiment begins to translate into action
Record year for Knight Frank’s South West team
Division reports its most successful year since 2009, with volumes up by nearly 40% and an unprecedented number of £2m+ deals...
Surveyors’ sales market expectations ‘improve noticeably’
The latest update from the RICS is markedly more positive than previous months...
New mortgage lending dips by 10%
10.6% fewer homemover mortgages completed in November 2019 compared to the same month a year earlier - although the decline "reflects particularly strong home-purchase activity in November 2018"
UK house prices post 2.2% annual rise
Monthly movement of 0.4% between October and November compared with a fall of 0.4% at the same point in 2018;
2019’s turmoil demonstrated the UK property market’s resilience – TwentyCi
Despite 'unprecedented' political upheaval and economic threats, overall exchange volumes were slightly up last year, while asking prices remained largely flat...
Prices for best-in-class PCL stock could soar by 10% this year, warns buying agency
The latest set of estate agents' forecasts are 'too conservative', suggests Black Brick, noting that vendors are already toughening up their stance;
UK house prices are ‘in sync’ with incomes – except in London
The UK's average house price to earnings ratio stands at 10.7, compared to 18.0 in London