Sales
House purchase mortgage approvals on track to fall by 13%
'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.
PCL boundary has shifted, says west London agency
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...
What the Autumn Statement means for the UK property market
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.
Rural home sales fall as city living moves back into fashion
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.
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 LonRes, OBR, ONS, Rightmove, Winkworth, OnTheMarket & more…
House prices to fall 9% in the next two years, predicts the OBR
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%.
Eight in-demand London villages: Hampstead outperforms as buyers search for the ‘golden formula’
New analysis ranks the eight neighbourhoods that combine "the best of city and village life".
Properties sell faster as buyers’ minds ‘focused’ by rising interest rates – OnTheMarket
'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…
Supply and demand dip as property market chills
'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.
Something in the water: Assessing England’s spa town premium
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.
House price growth slows further, to +9.5% – UK HPI
London no longer has the lowest annual rate of house price growth of any UK region, according to the latest official index.
Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...