‘Frenzied buyer activity’ breaks property market records
Buyer demand is "massively outpacing" the supply of homes for sale, says Rightmove, as the national average asking price surges up by more than 2% in a single month.
The ONS has produced a series of charts that illustrate what happened to the property market in 2020, from national price inflation rates to a growing preference for larger homes.
Coastal and rural property markets have out-paced urban areas over the last year, but Savills is reporting signs that prime regional cities are back in demand as more people return to office life.
More vendors are cutting asking prices, notes Knight Frank, demonstrating "a flicker of nervousness" in the property market as summer turns into autumn
Companies in this articleRightmove
UK Sotheby's International Realty has recruited two industry veterans from Knight Frank to head up its new offering beyond the capital.
'Sensational' double-fronted residence near Harrods was created by one of London's top luxury developers.
In Pictures: Daniel Baliti and Jeremy Spencer's firm has secured planning consent for a significant resi-led scheme, located between The Whiteley and Park Modern in W2.
Georgian-inspired gem in Shropshire was built in a grand manner, using state of the art tech.
'Landmark' 50-storey tower at Bankside Yards is the tallest new resi structure currently under development in PCL.
This is the first phase of a 1,120-home redevelopment of Church Street in Marylebone - Westminster's largest regeneration scheme.
Jessica Del Gaizo has joined Knightsbridge Prime Property after a decade at some big-name corporate firms.
'Bricks and mortar has remained one of the most consistent investments one can make down the years and the long-term returns speak for themselves,' says Foxtons' boss.
Luke Hammond is 'the ideal candidate to grow the brand into previously unexplored territories in the capital', says F&C's MD.
'All we hope for is a reduction in SDLT,' says one London estate agency chief - 'however in reality I suspect there is more chance of stumbling across a unicorn in Regent’s Park!'
Luxurious Lygon Place townhouse is on the open market for the first time in over 100 years.
Jasper Colliver & Sam Wylie will be focusing on some popular postcodes as part of the house. Partnership network.
New partnership is 'set to redefine the standards of luxury living and travel,' says Nest Seekers.