Location: United Kingdom
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
Tenancy renewals jump under lockdown, but ‘there are signs that applicant demand is starting to increase again’
Hamptons and Knight Frank both report big increases in tenancy renewals, but both flag signs of renewed demand for new lettings despite the lockdown.
Off-plan sector facing wave of legal disputes, warns private wealth firm
Developers are already 'exploring their options' over deals where the buyers seem to have gone cold, reports Boodle Hatfield
London’s lettings market awakens, sort of
Tenants across London & the Home Counties are making plans for life after lockdown, reports Knight Frank, although more are opting to go with the status quo.
UK headed for ‘historic’ decline in housing delivery
Total private housing delivery in 2020 will end up lower than in the years following the global financial crisis, warns Knight Frank as the agency calls on the Government to intervene...
Banks limit lending on high-end homes
'Using an automated valuation and a bit of Google Street View is considered too legally risky for the more expensive properties', says one lender
Friday Showcase: Ten featured prime resi listings
A weekly stock check, powered by LonRes
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
£7.5m penthouse tucked away on Ennismore Gardens
Rare £5m-plus deal goes through in locked-down PCL
UK property sector ‘centuries behind the US’, says ambitious London firm
Fitzrovia-based Montague Property is looking to make inroads into LA's luxury real estate market
Borrower secures £7.5m to refurb Belgravia mega-mansion
Property lender Century Capital overcomes market challenges to complete three chunky financing deals, involving a £30m renovation project in Belgravia, a £40m resi scheme in Kings Cross, and a £2m Chelsea…
Lettings market still moving says major London agency
Chestertons has agreed nearly 200 new tenancies and brought over 800 properties to market since the lockdown began