Sales
Hefty £35mn deal lodged in Holland Park
The Land Registry has recorded a slew of large-scale sales in west London over recent weeks.
Surprise lift for mortgage approvals in June
The latest Bank of England data shows an increase in lending activity from May to June.
From cash-rich buyers to overly-aggressive tactics: Five key trends in the PCL market right now
'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.
‘This is now a buyer’s market’ – Garrington
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.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Jackson-Stops, Foxtons, Chestertons, Knight Frank, Savills, Prime Purchase & more...
Southern England ‘bears brunt of house price falls’ as buyer demand drops – Zoopla
Zoopla expects average UK property prices to be 5% lower by the end of the year - but that would still be 15% higher than pre-pandemic levels.
Mortgage sales have slumped 42% so far this year
New analysis shows London and the South East have seen the biggest declines in mortgaged transactions.
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
What impact is rate hiking uncertainty having on buyers?
Buyers are finding it difficult to plan without surety about how high interest rates will climb, says Knight Frank.
Prime country houses post biggest price drop since the GFC
...but high numbers of cash buyers are keeping the top-end moving.
Ollie Marshall: The devil is in the detail
Recent months have been filled with doom & gloom, but there is no sight of the four horsemen of the apocalypse galloping through Sloane Square just yet...
London house-hunter numbers fall by a sixth
A leading estate agency has reported a sharp decline in new buyers registering to buy in London, while more vendors are dropping asking prices.