Sales
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;
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
Brexit’s ‘false dawn’ sparks PCL deal surge
Transactions spiked by over 18% last quarter as 'shrewd' buyers and investors pushed their purchases through before March 29th, reports LCP
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY's Spring ITEM Club predicts muted property price growth ahead, with a 'limited' upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
Prime London buyers are ‘manoeuvring into position’
The ratio of new buyers to new listings rose to a record high of 9:1 in March, reports Knight Frank, predicting that demand could be released 'at short notice' in the event of some political clarity emerging...
Old rectories & manor houses ‘offer the best value for money’; barn conversions are the priciest ‘quintessentially English’ homes per square foot
Big manor houses and old rectories tend to be the most expensive "quintessentially English" homes in a village, but they're a fair bit cheaper per square foot than cottages or barn conversions, says Jackson-Stops.
Mapped: Prime London price & rental growth
Here's how the capital's prime neighbourhoods have performed over the last three months
London’s prime property prices paint pretty picture for buyers – Coutts
Vendors are slashing prices by an average of 13% - and 21% in the £10m+ range - as transaction volumes slow to a six-year low, reports the Queen's bank...
Chestertons reports rising activity levels and fewer fall-throughs as buyers tire of Brexit deadlock
Major London agency notes a 'dramatic shift' in behaviour since the start of the year, with new registrations, viewings and offers all up - and fall-throughs dramatically down...
Brexit is ‘now properly biting as an excuse to do nothing’ – Property Vision
The last year has not been good news for sellers in Prime Central London, says buying agency Property Vision - although 'the more savvy international buyers are starting to get interested and this is translating…
A Tale of Two Cities: Why savvy HNWIs are looking to West London
Lawyer Charles Miéville explains why Notting Hill continues to be a popular choice for high net worth clients looking to buy in London, and observes how the wider PCL market appears to have split into…