Property market ‘hit a lull’ in November
The number of sales agreed fell to the lowest level in eight months in November, reports the NAEA. But improved political certainty "may trigger a flurry of activity."
Negative property market trends ‘show some signs of easing’ – RICS
'Some comfort can be drawn from the results of the latest RICS survey,' says Chief Economist Simon Rubinsohn, 'as it suggests that the housing market in aggregate may be steading'
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
‘Chill winds returned to the London prime property market over the summer’ but ‘there are now reasons for optimism’
"Chill winds returned to the London prime property market over the summer," says Coutts bank, although "there are now reasons for optimism regarding a potential bottoming of the market"
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Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
Foxtons buys two commuter-town estate agencies
The acquisitions expand Foxtons Group's network into 'new complementary growth markets', adding thousands of tenancies to the Plc's lettings portfolio.
BRICS & Mortar: Ollie Marshall on how Russia’s latest diplomacy could shift global real estate markets
Whatever happens in Rachel Reeves' Budget, it is small beer compared to other forces at play globally, says top buying agent.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
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Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
‘Majority of landlords undeterred’ by higher Stamp Duty
An extra 2% on the SDLT surcharge for additional homes is "a slightly bitter but manageable pill to swallow," says Benham and Reeves boss Marc von Grundherr.
High-end agency hosts ‘global real estate summit’
Hamptons’ International Private Office brought together top brokers & UHNW clients from around the world for the first in a series of new events.