Location: United Kingdom
No respite for tenants in Prime London as stock squeeze resumes
'It looks increasingly unlikely that the lettings market will return to any sense of normality this year', says Knight Frank.
Purplebricks reveals ‘credible’ interest as formal sale process begins
Plc has received several expressions of interest that it 'wishes to pursue in a coordinated fashion', after announcing a strategic review last month.
Competition & Markets Authority launches housebuilding probe
'The quality and cost of housing is one of the biggest issues facing the country,' says CMA boss.
Three years on: How the pandemic ‘reshaped’ the UK’s property market
House prices have soared by an average of over 20% since the onset of Covid-19, reports Halifax, with huge variations driven by a 'fundamental shift in buyer demand'.
Prime London market’s strong start to the year ‘shows little sign of faltering’
Demand is holding up and price declines appear to be bottoming out, reports Knight Frank.
Why the UK’s housing slump may be ‘less painful’ for the wider economy than last time
Capital Economics expects house prices to fall by 10-15% - but the impact on the wider economy may not be as severe as in previous property market downturns...
‘Greater realism’ hits property sellers, as more under-asking offers accepted
A 'soft reset in house prices continues,' says Zoopla, as sales supply improves and vendors cut price expectations.
Belgravia regen scheme gets the thumbs-up from locals
A whopping 91% of residents voted yes to the regen of Ebury Bridge, as council moves to 'give local communities more say on the future of their area'.
The View from Scotland: A pause for reflection may be no bad thing for the property market
'Investing in the housing market was never a short-term play', says DM Hall boss John McHugh, as he provides a sit-rep on a slow start to the year for the Scottish property market.
Well-known London estate agency appoints administrators
Douglas & Gordon has reportedly called in administrators, a year after the property sales operation was offloaded by Foxtons.
Foreign buyer numbers fall in PCL
Overseas buyers accounted for 39% of purchases in Prime Central London last year, down from 55% in 2018.
In Pictures: Inside Heseltine’s former Belgravia mansion, asking £28mn
Recently-renovated Grade II listed townhouse on Chapel Street is one of the area's largest private homes.