Sales
Exchange volumes and new instructions rise across the UK
TwentyCi records a 6% uplift in the number of exchanges, and a 2% rise in new instructions, as confidence 'strengthens'; online agency market share continues to hover around the 7% mark...
Remortgaging jumps by 20%
The increase in May's remortgaging activity is in line with the initial fixed rate period of mortgages coming to an end, says UK Finance
New leasehold sales tumble
The proportion of new homes sold as leaseholds has fallen from a peak of 15.1% in 2016, to just 4.2% in 2018
Summer’s ‘meandering’ market ‘remains fragile’ – Garrington
The July monthly market video update from buying agency Garrington sees research face Catherine King talk about sunny days, Wimbledon winnings and down-sizing.
Asking prices drop for the first time this year as properties stick on the market
'Key metrics indicate a buyers’ market in the second half of 2019,' says Rightmove, as the portal notes 'tentative signs of the market bottoming out' in London
University cities out-perform the rest of the property market
House prices in the world's top 50 university cities grew by an average of 66% between 2009 and 2018, compared to a national average growth of 40%
Greedy fingers are wanting too big a slice of the property pie
Seasoned buying agent Simon Barnes reports on a worrying trend in the PCL market...
New buyer interest rises for the first time since November 2016
The UK property market appears to be stabilising, says the Royal Institute of Chartered Surveyors
The Prime of Life: Who’s buying where and for how much?
New analysis of PCL purchases compares Baby Boomers, Millennials, and Generation Xers in terms of spend, activity and preferred locations...
Land of the Free, Land for the Many: On politics and the London property market
What with the looming Brexit deadline, George Monbiot's radical proposals for the Labour Party, and a new starter at No.
Prime London sees a ‘surprise return of competitive bidding & even a few sealed bids’
But sentiment remains 'fragile' as political uncertainty continues to put the brakes on prime residential property markets, says Savills
The prime country house market remains muted, but there are signs of pent-up demand forming
Knight Frank reports the highest number of country house buyer enquiries in five years, but price growth and stock levels are not moving