Sales
Marcus Dixon: In the eye of the mortgage storm
JLL's research chief looks into the repercussions of high and rising interest rates for residential property investors and their tenants.
‘This is not yet a market in free fall’: Nearly 70% of all properties listed have sold so far in 2023
Reports of the market’s demise may well be greatly exaggerated, says TwentyCi, as latest data shows a 'remarkably resilient' performance in Q2.
‘No sign yet of fundamental change in market conditions’ – Propertymark
'It is clear that a core portion of the country are still looking to get moving and are not put off by current conditions,' says Propertymark.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
Demand for turnkey homes leads a ‘bumper run’ of prime deals in Marylebone
'We’ve seen a flight to quality,' says Nick Poppe, co-head of Savills Marylebone, as the office reports an 'exceptionally strong' run of top-end property sales.
Buyer & seller sentiment ‘remarkably stable’ – OnTheMarket
Portal's latest survey finds nearly two-thirds of sellers are still confident of securing a buyer within three months.
Philip Harvey: Three ‘stealth’ trends now coming of age in the London property market
'Knowing what will stay hot, and what will not, is important': From younger buyers redrawing the map, to market sectors that have literally sold out, PV's senior partner pinpoints the key themes to watch.
Asking prices dip as buying activity falters – Rightmove
Buyer demand 'remains resilient', says property portal - but transaction numbers have fallen as higher interest rates bite.
Buyer caution ‘isn’t necessarily translating into large discounts’ – Hamptons
'Most vendors are prepared to wait and see what happens in the hope that they’ll achieve a better price and a lower mortgage rate in the future,' says top-end estate agency.
London’s £5mn+ market is back in business – Savills
Latest indices 'underscore the remarkable resilience' of the capital's top-end property market.
England & Wales house price growth slows for tenth month
...but the average price is still £4,500 up on this time last year, reports Acadata.