Property Market News

Savills reports 'robust demand' for luxury residences from both domestic & international buyers.

Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.

Valuation firm collaborates with real-time data firm, LSE professor & top buying agency to track market movements since 2000, reflecting location, size & tenure.

Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.

Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;

Properties achieving more than £2,000 per week are already making up a larger proportion of the market, reports LonRes.

New LonRes data shows rental growth fell in October, with activity levels well below pre-pandemic levels.

LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.

New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.

'Stamp duty on sales above £2mn accounted for 22% of the £11.7bn raised last year, which is something the government may want to consider as it puts the finishing touches to its Budget'

Concerns around Labour's tax policies are driving a luxury lettings boom in the capital's top neighbourhoods, reports Beauchamp Estates.

Deals started flowing again last month, new LonRes data shows, but are the conditions in place for a sustained recovery?