Property Market News
Stamp Duty holiday ‘fails to ignite a buy-to-let spending spree’
“The overall impact of the stamp duty holiday on investor activity has been relatively muted," says Hamptons' research chief Aneisha Beveridge.
‘Completions are coming through more easily & promptly, while transaction fall through rates have fallen significantly’ – Jackson-Stops
"Negative sentiment towards buying or selling a house is nowhere near as widespread as might be expected," says national estate agency Jackson-Stops, after tracking online and social media comments about…
Islington Square nears sell-out after £125m of pandemic sales
80 apartments have been sold since May 2020 at Cain International's Islington Square development, leaving just "a handful" of units available to buy.
Rural rental demand stays high despite cities opening up
"The scale of change we’ve seen over the course of the pandemic means this shift [back to urban life] isn’t going to happen overnight," says Rightmove.
Millionaires’ Rows: Britain’s most expensive streets in 2021
There are now 11,673 streets in Britain where the average property value is over £1m, says Zoopla, which has crowned Kensington Palace Gardens as the UK's priciest address for the thirteenth year in a…
Prime regional property market sees strongest growth in a decade
Coastal and rural property markets have out-paced urban areas over the last year, but Savills is reporting signs that prime regional cities are back in demand as more people return to office life.
Clarkson has revved up the Cotswolds property market, claims agency
We've heard an awful lot about the "escape to the country" and "race for space" over the last 18 months, as the country property market outpaces urban areas.
Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom…
Fastest-moving property market in five years, as buyer demand stays high
The annual rate of UK property price inflation was running at +6.1% in August, according to Zoopla; that's more than double the rate recorded in August last year.
‘The end of the cycle’: House price inflation to slow, predicts Hamptons
"We’re more likely to see a continuation of modest price growth, such as we’ve witnessed during the last five years, rather than a boom followed by a bust," says Hamptons, as it forecasts the start…
Six property market trends to watch in 2022
Hamptons has just published its house price forecasts for the years ahead, predicting the start of a new market cycle in 2024/5. Here the team outlines the key trends to watch in the coming 12 months.
Residential property is attracting ‘more sophisticated investors’, says buying agency
"Activity in the residential investment sector is once again picking up", says buying agency Garrington, although the firm reports "a different profile" of buyer in the sector.