Property Market News
£15mn price tag for ‘one of the best blue chip generational properties in Jersey’
Le Clos du Coleron was designed as a holiday home for the Boot family - founders of Boots the Chemist - by the renowned architect Arthur B Grayson.
Tenant Trends 2022: Outside space still in high demand as energy efficiency gains traction
JLL’s 2022 tenant survey highlights the continued influence of lockdown experiences, as well as heightened concerns over costs of living.
PCL apartment market poised to spring back – LCP
‘There may be buyers who look back over their shoulder with the benefit of hindsight and wish they had taken advantage of this market,’ says investment firm.
London property prices set to fall 12% in the next two years, but the top-end seems resilient – Capital Economics
Prime Central London will “continue to outperform” the wider London and national UK property markets, says Capital Economics, as it issues another set of downbeat forecasts.
Zoopla flags ‘signs of demand weakening in high value markets’
Rising mortgage costs are likely to dampen the property market in the coming months, says Zoopla.
Residential transactions jump in July
HMRC’s latest transaction data show a “remarkably strong” level of property market activity.
Solicitors flag ‘a massive rise in price chipping’ as gazundering returns to the property market
Buyers are attempting to secure last-minute discounts on around 50% of house sales, suggests Osbornes Law – a practice that “has been unheard of in recent years.”
London’s super-prime rental renaissance: Why renting has become a ‘cool’ choice for the wealthy
“There has been a shift in the perception of renting in the last few years,” says Isabella Birch Reynardson, head of super-prime lettings at Savills, as she explains why tenant demand is likely to sta…
Tenancy renewals climb in the ‘Big Stay Put’
A continued mismatch between rental property supply and demand is encouraging more tenants to renew contracts, says Propertymark.
‘Rental stock slump is close to bottoming out’ – Hamptons
City centre rents are rising fast as stock levels drop, says Hamptons, although the national headline rate of rental price inflation continues to ease.
‘The market is splintering,’ warns buying agency as buyers show ‘a heightened sense of caution’
"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…
Country property market continues to surge as ‘more traditional rhythms’ emerge
Britain's country house market continues to romp along at pace, says Knight Frank, as "pent-up demand keeps the race for space alive