Half of homes sold in July had their asking price reduced
Higher mortgage rates "have acted as a wake-up call to sellers who had been on the market for some time, prompting a record share to cut their asking price," says Hamptons.
Southern England ‘bears brunt of house price falls’ as buyer demand drops – Zoopla
Zoopla expects average UK property prices to be 5% lower by the end of the year - but that would still be 15% higher than pre-pandemic levels.
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
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.
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DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer RóisÃn Lafferty on the high-end project in Nine Elms.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
LATEST ARTICLES
Another senior appointment for Strutt & Parker in PCL
Andrew Chambers has followed in the recent footsteps of Claire Reynolds, moving to the BNP Paribas-owned heritage estate agency from UK Sotheby's International Realty.
Rightmove set to face ‘£1bn’ legal action over ‘excessive’ fees
'Thousands' of estate agents could be eligible to join the potential collective action, say lawyers.
Winkworth eyes ‘delayed autumn bounce’ as buyers & sellers await clarity
Chief Exec Dominic Agace compares pre-Budget uncertainty to a general election, but says activity could pick up in December and January if fiscal measures prove less severe than expected.
Buy a penthouse, get a hypercar: Record-breaking apartments launched at Pagani-branded scheme
Italo-Argentine automaker’s debut resi project is delivering two penthouses in Miami priced at around $30mn - both of which come with a bespoke Utopia Roadster.
My Property Career: Quickfire Q&A with Anthony Payne
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.