Sales
Buying in London for less than five years ‘doesn’t warrant the transaction costs’
HNWIs now seeing renting as a more commercial alternative, says buying agency
Conveyancing volumes drop for the first time since 2011
Conveyancing volumes fell by 12% last year, from 1,077,959 in 2016 to 952,966 in 2017. It's the first annual drop in workloads since 2011, says Search Acumen, "reflecting a subdued property market".
Defining the key value drivers in property; why you shouldn’t mistake a good spec for a good scheme
The most valuable scheme to have ever sold in London had no services and a basic but elegant specification - but it offered space and scenery par excellence, says Alexander Lewis...
London’s property price inflation rate was below the national average throughout 2017
UK house prices increased at the slowest annual rate since 2013 last year, according to the latest UK HPI
London slowdown ripples out to the regions
South East and North East now showing annual declines, says LSL/Acadata, as capital posts biggest annual fall since August 2009; double-digit drops in RBKC, City of London, Wandsworth & Camden
‘2017 marked a turning point for the PCL property market’
Higher-value transaction numbers in London recovered through 2017, say Knight Frank and Strutt & Parker
Old Vs New: The changing fortunes of London’s new-build market
Analysis reveals average new-build sales per annum up 88% in the last ten years; average sale price up 125%, compared with 71% for second-hand stock...
Sub-£2m suffering in London’s ‘lethargic’ prime markets
Transaction levels and prices holding up above £2m; withdrawal rates peaking in Prime Fringe areas
‘The housing market has a case of the January blues’ – RICS
Prime resi markets are "experiencing particularly challenging conditions"; surveyors report that two-thirds of £1m+ properties are selling for less than their asking price
How did Prime London’s micro-markets fare in Q4?
Coutts & Co summarises the key takehomes from each area...
Are these five areas now offering the best value in Prime London?
Buying agency picks out five parts of town where average trading values have dipped below the £1,000 per square foot threshold...
Coutts warns clients on London’s luxury apartment glut
Queen's bank flags up soaring number of £1m+ units under construction as unsold stock piles up