Sales

Higher mortgage rates "have acted as a wake-up call to sellers who had been on the market for some time, prompting a record share to cut their asking price," says Hamptons.

Prime Central London property prices fell 0.9% in the year to July, according to Knight Frank's last index - which was the largest drop since April 2021. Prime Outer London saw a 0.

One of the property sector's top research teams pulls back the curtain on the tricky business of making market predictions, as they warn of "some further price adjustments to come."

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Halifax, Coutts, the Bank of England, Knight Frank, REDD & more...

Agency's summer sentiment survey reveals an uplift in 'commitment to move', but there's a widening gap between cash and mortgage buyer motivations.

38% of prime London property listings have had their asking price reduced, which Coutts bank says "demonstrates the continued willingness of sellers to let properties go cheaply and take the income available,…

90% of Black Brick's deals involved apartments in H1 – up from 43% last year.

London’s high-end neighbourhoods are being sustained by international equity, short supply, and a more robust response to market sentiment, report Sophie & Richard Rogerson.

The Land Registry has recorded a slew of large-scale sales in west London over recent weeks.

The latest Bank of England data shows an increase in lending activity from May to June.

'We have seen several instances recently where overly-aggressive tactics and tone have been deployed by a seller’s estate agent or lawyer, which has nearly derailed a transaction close to exchange unnecessarily.

Slowdown "is not a temporary aberration but looks to be a shift in the UK property market’s landscape for the second half of the year," says top buying agency.