‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
Leading economists expect ‘decade-low’ mortgage growth into 2024
'As mortgage rates reach their highest since 2008, economic growth remains subdued and weakening housing market sentiment drives down demand,' says the EY ITEM Club in its latest forecast.
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
Regional rental growth ‘finally starts to simmer’, as London rents continue to climb
Prime regional rental prices grew by +0.6% in Q3, down from +2.6% in Q2, according to the latest Savills data.
Most read
New head of sales at Knight Frank Richmond
Top-billing agent Edward Adler takes the reins at firm's longstanding base in SW London.
Strutt’s former rural chief teams up with top buying agent for new venture
Jess Simpson & Matt Sudlow have launched Stoneacre Advisors to provide private clients with advice on high-value, complex, rural property transactions.
Luxury brokerage sets up new Private Client Service
New end-to-end offering from United Kingdom Sotheby’s International Realty will connect ultra-prime property markets including the UK, UAE & Saudi Arabia.
Currency Matters: Once again, Prime Central London real estate is on sale
The pound has been taking a pummelling & US buyers now have an unprecedented opportunity to capitalise in the PCL property market, explains David Huggett.
Savills Ski opens in Gstaad
Lucinda Brousse is running the new Swiss office.
Brokerage lists important Arts and Crafts mansion in Surrey
Sublime 1896 creation by Charles Voysey is regarded as one of the finest examples of its œuvre.
The Gift Horse: Ollie Marshall on London’s ‘unbelievable’ opportunities for prime property buyers
Markets have become irrational and some remarkable homes are going for a song, reports top buying agent; the key is knowing how to capitalise, and where to look.
OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Buyer sought for brace of Knightsbridge apartment buildings
'Most rare opportunity' launched on Beaufort Gardens, with a combined price tag of over £19mn.
The Future Is Green: Property industry insiders on balancing luxury & sustainability
Members of The Luxury Property Forum share expert insights into how the prime resi industry is embracing the challenges & relishing the innovations of taking a more sustainable approach...
LATEST ARTICLES
Winkworth profits rise after ‘strong upturn in sales agreed’
AIM-listed estate agency's management is 'pleased with the momentum going into FY 2025'.
Industry Reactions: Official data show annual house price increases for eighth consecutive month
Analysis of the latest UK HPI from Foxtons, Garrington, OnTheMarket, Fine & Country & more.
Dar Global sets sights on US after ‘milestone’ year
The London-listed luxury developer launched nearly $2bn worth of top-end projects in 2024.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
NDAs in prime property transactions: Essential privacy tool or negotiation hazard?
Top buying agent Jazmin Atkins evaluates the pros and cons of using confidentiality agreements in elite-level real estate deals.