‘Plenty of fuel left in the tank for the housing market’: Rightmove predicts 4% growth for asking prices in 2021
Property portal's forecast of 4% house price inflation in 2021 is "more conservative than the unsustainable 6.6% national average seen this year" - but "there’s plenty of fuel left in the tank for the housing market," says the team.
‘Previous records are tumbling in this extraordinary market, and there are still some legs left in the upwards march of property prices’ – Rightmove
Property portal predicts average asking prices will end this year 7% higher than they started it.
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
£1m+ house sales are ‘outpacing the market’, says Rightmove
Sales activity in the £1m+ property market "is soaring as wealthier buyers make moves to bigger houses or new locations", according to Britain's biggest property portal.
Most read
Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
LATEST ARTICLES
Wilfords brings in new Kensington & Chelsea sales boss
Independent agency boosts team and gears up for another office launch later this year.
Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
Luxury property developers & great estates are pouring millions into public realm improvements in Mayfair - making the historic area 'central London's third-biggest regeneration zone.'
Super-prime North London mansion frozen in international fraud probe
Luxury Avenue Road residence, City office block and West End flats among £130mn of London property identified in crackdown on alleged global fraud operation.
Former Property Vision advisor launches Home Counties buying agency
Eddie Ruggles-Brise has set up an indie agency.
Sales supply dips in prime London
4% fewer £2mn+ homes were available to buy on the open market in Q3 than in Q2.