Location: United Kingdom
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...
‘Signs of life’ in Prime London as activity returns & prices hold up
The number of properties going under offer in June was just 5% below last year’s levels, reports LonRes, while achieved prices were only marginally down...
Northacre confident in PCL’s appeal as enquiries soar
The 33-year-old firm developing two of London’s landmark prime resi schemes saw a threefold increase in sales enquiries in H1 2020, and is expecting demand to rise as supply levels shrink
Holyrood raises Scotland’s LBTT threshold to £250k
New Scottish property tax rates come into play on Wednesday (15th July), running until 31st March 2021.
Stylish St John’s Wood townhouse seeks £11.95m
Hairdressing tycoon Lesley Clarke lists her Italianate stunner on Queens Grove
Rare Grade I listing for post-modern masterpiece in East Sussex
Designed by John Outram for Hans and Märit Rausing, 'The New House' has received the highest level of protection from Historic England.
PCL lettings market on the turn as supply levels ease
Average values have now fallen by -4.6% on an annual basis, reports Knight Frank, but demand is building just as supply levels start to slow...
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
PCL’s ‘overdue’ return to growth has been delayed to 2021, predicts Savills
Revised five-year forecasts suggest more muted price inflation in Prime Central London, following the Covid-19 crisis.
City Hall demands £3.5bn for ‘buyer of last resort’ scheme
Proposal would allow councils and housing associations to buy unsold private homes at cost price and turn them into social housing if a buyer cannot be found in the open market.
Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors.
‘Ultimate private retreat’ in Scotland to hit the market at £500k
Inchconnachan Island, off the western shore of southern Loch Lomond, has been in the hands of the Colquhoun Family since the 14th century, and is expected to spark global interest...