Sales
Solicitors flag ‘a massive rise in price chipping’ as gazundering returns to the property market
Buyers are attempting to secure last-minute discounts on around 50% of house sales, suggests Osbornes Law – a practice that “has been unheard of in recent years.”
Tenancy renewals climb in the ‘Big Stay Put’
A continued mismatch between rental property supply and demand is encouraging more tenants to renew contracts, says Propertymark.
Monday Market Review: Key figures and findings from the last seven days (w/c 15.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Propertymark, Knight Frank, Foxtons, GetAgent, the ONS & more…
‘The market is splintering,’ warns buying agency as buyers show ‘a heightened sense of caution’
"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…
Country property market continues to surge as ‘more traditional rhythms’ emerge
Britain's country house market continues to romp along at pace, says Knight Frank, as "pent-up demand keeps the race for space alive.
Properties are being snapped up 42% faster compared to five years ago
The average time it takes a new property listing to find a buyer has fallen by 42% since 2016, according to some new research. But conveyancing is taking longer than ever.
41% of agents report the average property deal now takes more than four months to complete
Propertymark's July market snapshot tells of slowing buyer demand, as deals taking significantly longer to complete than in pre-pandemic times.
House price growth slows to +7.8%
The average UK property price increased by 1% from May to June this year, according to the latest official House Price Index.
Mapped: Prime London price & rental growth
Which areas of PCL and Prime Outer London have outperformed over recent months?
The number of homes listed for sale has fallen 12.5% in the last year
Estate agencies have listed an average of 7.3 homes per branch across Britain in 2022 so far, down from an average of 8.4 in 2021, according to some new research.
Sharp drop in confidence amongst London property sellers
"The change in economic headwinds is starting to be reflected in seller confidence," says OnTheMarket.
Monday Market Review: Key figures and findings from the last seven days (w/c 08.08.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Rightmove, RICS, Savills, LonRes, Acadata & more…