Sales
Transaction numbers hold up – ONS
Official figures indicate that the monthly volume of residential property transactions is now close to the ten-year average, with little change over the last year.
BTL investors look north in search of returns
8,279 properties were sold to landlords with buy-to-let mortgages in northwestern England last year, according to Savills, putting the region ahead of London (8,263 sales) and the South East (8,009) in…
London’s property ‘flippers’ forced to sell at a loss
The FT reports on investors being caught out in the capital's off-plan market...
Home-mover & buy-to-let lending falls as remortgaging booms
10.8% more homeowner remortgages were completed in 2018 than in 2017, says UK Finance, while 11.5% fewer new buy-to-let and 1.9% fewer new home-mover mortgages went through.
Proportion of international buyers in PCL hits six-year high
57% of the homes sold in London's priciest postcodes during H2 2018 went to overseas purchasers, reports Hamptons International, the highest level recorded since H2 2012;
Street Views: International buyers in Prime Central London
The proportion of overseas purchasers in PCL is at a six-year high, according to new research out today, accounting for over half of the homes sold in the capital's top postcodes.
‘Buyer affordability is on the rise at the fastest rate in nearly eight years’ – Rightmove
The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.
Ranked: Britain’s fastest & slowest areas for property price inflation in 2018
The Forest of Dean saw average prices rise by 11% last year, according to official statistics, while the City of London saw prices drop by 7.1%...
Surveyors record ‘a slow start to the year’ as supply, demand & deals continue to dwindle
Surveyors 'sense little prospect of a turnaround' in the short-term, says the RICS, 'as concerns over the potential impact of Brexit, alongside affordability constraints continue to cause buyers and sellers…
Mapped: Achieved prices across Prime London
Latest visual from LonRes shows the spread of rental and sales values across PCL, Prime London & Prime Fringe in 2018...
The time is ripe for agents to overvalue; don’t heed the hype
With so few sales going through, it's no wonder that agents are prepared to ‘play the game’ to win the business - but the truth will ultimately out, says Giles Barrett...
Property price growth sinks to its lowest level in over five years – UK HPI
London's average house price fell by 0.6% in 2018, according to official data.