Location: United Kingdom
Traditional Summer dip sees asking prices fall for first time this year – Rightmove
"Prices usually drop in August, and this 1.3% drop is on a par with the average August drop over the past ten years," explains the Rightmove team.
PCL tenants lock-in for longer as rents continue to soar
The average length of tenancies in Prime Central London reached a new high of 25.8 months in Q2 2022, reports LCP, while the time taken to let a vacant property is at an eight-year low.
Weekly Showcase: Ten featured prime resi listings
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Behind the Schemes: How an indoor/outdoor transformation ‘unlocked the true potential’ of a grand Belgravia townhouse
Inside the super-prime reinvention of a dilapidated Georgian gem, which had previously lain untouched for three decades…
Property portals ‘are inflating the cost of running an estate agency business to near impossible levels,’ warns agency boss
Steph Walker, COO of 19-month-old firm The Agency UK, says many top-end independent estate agencies "will have to shut their doors as competition in the marketplace greatens."
Heatmapped: Housing market continues to confound, as prices rise again
Annual price growth increased to 10.2% in England & Wales last month, reports Acadata.
‘Embrace the fear’: One year in the buying agency business, it’s been quite the journey
Emma Fildes of Brick Weaver reveals what it’s really like to start your own buying agency…
House prices continue to climb despite falling buyer demand – RICS
"It is little surprise that housing market activity is now losing some momentum," says the RICS - but most surveyors "still anticipate prices will be modestly higher than current levels in a year’s time.
LRG buys eight-branch Isle of Wight estate agency
This is the LRG's second acquisition of 2022, since being acquired by Platinum Equity in February.
Sublime Palladian pile in Somerset seeks £8mn
Wadbury House near Frome was reworked by the designer behind five-star hangouts Babington House and The Newt.
RBKC high streets protected by new planning rules
A planning order covering parts of Notting Hill, Chelsea & and South Ken has been given the green light by Levelling Up Secretary Greg Clark.
‘Fit for a king’: Trophy development plot in Berkshire pitched at £35mn
King’s Beeches once housed the residence of the Thai royal family, and has planning for two new luxury mansions measuring a combined 65,000 sq ft.