Location: United Kingdom
Covid-19: Assessing the impact on the UK’s resi development sector
New analysis shows how the coronavirus outbreak will impact activity and supply over the coming months - and have potentially serious longer-term implications for those building the UK's new homes
Knight Frank becomes latest major agency to furlough staff
Firm has also decided not to apply an annual pay review this year and will be implementing 'salary adjustments' for those who earn above a minimum threshold
Bloomberg: Ultra-wealthy pull cash from mansions to buy beaten-down assets
Tom Metcalf reports for Bloomberg how UHNW homeowners are turning to their real estate holdings to access cash as the pandemic pummels global markets
In Pictures: Three £25m super-homes primed for the market to restart
Buyers shopping in this price range have some particularly good options to peruse from afar...
Agency comparison site rolls out real-time data platform to track impact of the crisis
GetAgent launches 'live, interactive' dashboard to track key metrics on a daily basis;
London’s super-prime market ‘changes direction’ as sales slow from a surge to a trickle
A flurry of £10m+ transactions in Q1 has been brought to an abrupt halt by Covid-19, reports Knight Frank, although "buyer interest remains strong pending the market reopening".
A London agency has generated 250 offers and agreed 88 sales since the lockdown began
The market is 'quieter than normal...but far from dead', according to 33-branch Chestertons...
BTL purchases sink to record low as landlords leave be
Landlord purchasers accounted for just 8% of sales across the country in Q1, down from 15% in the previous quarter; 'Maybe they got a surprise when they filed their tax returns in January', says Hamptons...
How the super-rich are sitting out the storm in north London
The leafy enclaves of Hampstead & Highgate have long provided the wealthy with a welcome retreat from the outside world, writes Trevor Abrahmsohn - but today's incarcerated UHNW families are looking for…
From A Distance: The reality of remote buying
The concept of buying a property without setting foot inside is not a new one, says Jo Eccles, but doing so successfully requires intricate, specialist knowledge - and a great deal of trust between client…
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
Deal sealed on £7m townhouse in Little Venice
'There is an appetite from purchasers looking for value in these extremely difficult times', reports agency