Property Market News

'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?

Demand for homes is still out there but tending to be price sensitive, reports LonRes - and motivated vendors are taking action...

Developers should 'act now for the best chance to capitalise on the coming market shift,' says new report, as historic data indicates we are 'close to the trough'

Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.

Prices picked up in the first three months of 2024 after bottoming out at the end of 2023, and activity levels are also on the rise - but caution remains the watchword.

The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.

Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.

Prices in London are now showing the first positive annual growth since the beginning of 2023.

More offers are being agreed and new instructions are on the rise, but achieved prices have seen the largest annual fall in almost five years.

Private bank flags buying opportunities in commutable locations, as reductions on £1mn-plus properties outpace London.