OBR upgrades house price forecast again
Average house prices are likely to rise by 7.4% this year, predicts the Office for Budget Responsibility, and by 15.8% over five years.
House price growth to slow, but ‘risks of a correction have been overstated’ – Savills
Savills has upgraded its mainstream market forecasts for this year, predicting 7.5% growth through 2022 and 12.9% over the five years to the end of 2026.
Property owners are becoming more bullish on house price growth this year
2021's property market is likely to be "less of a roller-coaster ride" than 2020, suggests Knight Frank, as the firm stands by its forecast of 0% growth for UK house prices in the year ahead.
UK house prices to rise 20% in the next five years, predicts JLL
Property price inflation "will be driven by mortgaged households who have seen high wage growth, housing equity growth over the past decade and can now also access historically low mortgage rates," says…
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
Talking Heads: What would a Labour-led government mean for the prime property market?
The spectre of Corbyn may be laid to rest, but the threat of a mansion tax continues to haunt the streets of PCL as election chatter intensifies
‘Incredible’ Marylebone penthouse snapped up off-plan for £6.3mn
Boutique agency tucks away marquee apartment at the forthcoming W1 Place on Portland Street.
Mandarin Oriental confirms new standalone resi project
30 fully-serviced top-end residences are coming to Madrid in early 2025.
Tim Hyatt: ‘Now is a great time to be an independent, debt-free property consultancy with no external shareholders to answer to’
Knight Frank’s head of resi updates PrimeResi on the firm's progress against its three-year plan, and the key focuses for the next 12 months...
By Tim Hyatt
Top prime resi architecture practice rebrands
PDP London is now Studio PDP.
£92.5mn penthouse sets new Dubai price record
Agents confirm mega-sale at the Marsa Al Arab Hotel.
‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic…
‘We’re going to go where we see the demand and long-term opportunity’: In conversation with BHHS London sales chief Cliff Gardiner
Watch this space, says the new sales boss of Warren Buffet’s Berkshire Hathaway HomeServices in London, as he shares ambitious growth plans and discusses the state of the luxury property sector.
Landmark Twickenham house on ‘Turner’s Thames’ seeks £8.5mn
Set in a landscape immortalised by JMW Turner, Cross Deep 'has a country house feel that belies its location and truly feels a world away from London,' says Savills.
Tom Bill: London rental supply stays tight as legal changes loom for landlords
The Rental Reform Bill 'may be the final straw for some landlords,' warns Knight Frank's research chief.
By Tom Bill
Guild ‘revolutionises’ membership offering
Nurtur Group has changed the way membership to its indie estate agency network, the Guild of Property Professionals, works.