Properties are being snapped up 42% faster compared to five years ago
The average time it takes a new property listing to find a buyer has fallen by 42% since 2016, according to some new research. But conveyancing is taking longer than ever.
£1m+ home numbers rise for the first time in five years
A sharp rise in 2020 means that Britain is now home to 53% more seven-figure properties compared to a decade ago - but 7% fewer than in 2015.
70 years of house price growth: How property prices have shifted since Elizabeth II was crowned
The Queen was crowned on 6th February 1952, when an average home cost just under £2,000. This is the equivalent of £56,000 in today’s money, and amounts to house price growth averaging 2.2%
Transaction numbers tumble from last year’s high
HMRC recorded 55% fewer residential property sales in June this year compared to last; it's the slowest June in nine years.
Most read
UAE real estate giant buys UK developer London Square
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
Knight Frank’s van Straubenzee named ‘property adviser of the year’ at wealth industry awards
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
Fulham artists’ studios with potential offered for sale for first time in 60 years
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
Third.i recruits CBRE director to lead major acquisition drive
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
John D Wood appoints new regional director in London
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
In Pictures: Angel O’Donnell-designed sub-penthouse unveiled at luxury Bankside scheme
New show unit goes on display at JTRE London's Triptych Bankside, where resi sales have now topped £200mn.
House prices to rise in London next year, but dip across the UK – Chestertons
Recovery will be 'slow and steady rather than spectacular', says high-profile agency.
LATEST ARTICLES
OnTheMarket shareholders approve CoStar takeover
Over 90% of OTM shareholders that voted approved CoStar's acquisition of the property portal.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Super-prime rental market booms as HNWIs hanker after NW London trophy homes
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
House prices set for ‘modest’ decline in 2024, predicts Rightmove
'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.