Supply & demand bounce back, but 81% of properties are still selling below asking
‘It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,’ says NAEA chief
Ranked: The most expensive places to buy in the UK
Knightsbridge tops new Rightmove rundown of priciest areas, with an average asking of over £3.5m, while Virginia Water leads the pack outside of London…
The London property market continues to tick along relatively robustly – and here’s why…
An awful lot of buyers who, having expected prices to fall like an anvil out of a window in a Tom and Jerry cartoon, are finding the choice of houses disappointing and prices far firmer than they had hoped, says Saul Empson…
PCL market gathering momentum as investors come off the sidelines – LCP
Latest update from London Central Portfolio shows a 37.9% jump in quarterly transactions – the biggest such rise in over two years…
High & Mighty: Touring the world’s record-breaking ‘super-penthouses’
List Sotheby’s International Realty surveys the rarefied market for top-floor apartments measuring 10,000 square feet or more, revealing the biggest deals over the last five years, and the most spectacular options currently available to UHNWI buyers around the world…
On the increasing trend for rural diversification
Country buying agent Jess Simpson reports on an upsurge in demand for farms and land with the opportunity for diversification, and explains the impact of the Agricultural Bill’s new system to reward farmers and landowners for ‘public goods’ – including better air and water quality, improved soil health, higher animal welfare standards, and public access to the countryside…
Premiums and price growth in the UK’s top seaside hotspots
Jackson-Stops & Zoopla record premiums of 171% and 86% in perennial coastal favourites Salcombe and Aldeburgh, while Kentish hotspots outperform in terms of five-year growth
Resi transactions slide 11.3% annually
HMRC’s provisional seasonally-adjusted transaction count came in at 89,810 last month, down 6.4% on April and by 11.3% on May 2018
FT: Is now the right time to buy property in London?
The Financial Times does a deep dive to find out if the London property market is really bottoming out
Price declines slow down in London – UK HPI
Average house prices in the UK increased by 1.4% in the 12 months to April 2019, down from 1.6% in March 2019
Cluttons forecasts a ‘rush of supply’ in London, limiting future price growth
‘There’s effectively three years’ worth of people who haven’t put their house on the market, creating a “Brexit bottleneck” which will lead to a sharp correction when they do’