Sales

The average value of prime property in the UK's coastal villages has soared by over 26% since early 2020.

A raft of influential property market-watchers have torn-up their house price forecasts, now anticipating a particularly rough year ahead for the housing sector as the wider economy struggles.

'We expect to see mortgage approvals for house purchases take a notable dip come the end of this year,' says Octane Capital after checking BoE data.

Finlay Brewer suggests the prime villages of Brook Green, Brackenbury and Askew should be reclassified, following a rise in the number of wealthy families moving in from Kensington & Chelsea...

Financial markets have been calmer since Jeremy Hunt took to the floor, but the reversal of Kwasi Kwarteng’s stamp duty cut highlighted a paradox, writes Tom Bill.

Knight Frank data shows a clear drop in rural property sales over the last year, while exchanges in regional towns and cities has increased by an equivalent amount.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, OBR, ONS, Rightmove, Winkworth, OnTheMarket & more…

The Office for Budget Responsibility expects a year's-worth of house price growth to be reset as the economy declines and mortgage rates peak at 5%.

New analysis ranks the eight neighbourhoods that combine "the best of city and village life".

'It seems astonishing that despite macroeconomic headwinds, and predictions from many estate agents that property prices will fall next year, serious sellers and buyers alike remain keen to proceed,' says…

'We are on the cusp of seeing the sales market hand back purchasing power to buyers,' says Propertymak, 'which is a trend we haven’t seen in months as the market was very much in the seller’s favour.

Spa towns have become some of the UK’s most sought after places to live, reports Savills, with premiums reaching over 130% above the country average.