Property Market News
Stamp Duty holiday drives instant property portal activity surge
Record levels of traffic and enquiries were recorded on the major property portals following the Chancellor's SDLT tax cut announcement.
PCL’s ‘overdue’ return to growth has been delayed to 2021, predicts Savills
Revised five-year forecasts suggest more muted price inflation in Prime Central London, following the Covid-19 crisis.
Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors.
Industry Reactions: Property sector welcomes Sunak’s Stamp Duty holiday
It'll come as no surprise that most estate agents and property developers are quite delighted with the temporary raising of the Stamp Duty threshold to £500k, as announced by the Chancellor in a "mini…
Market Snapshot: Top-end sales trends in England & Wales
Fine & Country and Dataloft have analysed what's happening at the top of the property market, number-crunching movements in the top 5% of sales.
Ranked: England’s fastest & slowest-moving post-lockdown markets
"I can’t see there being a mass exodus from the capital but it does look set to be much more challenging for sellers of more expensive properties in zone 1 and parts of zone 2 who are looking to sell…
£5m+ country houses out-performed the rest of the market in Q2, as prime buyers start moving
“People are sensing an opportunity now" in the prime country house market, says Knight Frank's Edward Rook.
Half of homeowners have ‘reordered their priorities’; one in seven have cancelled plans to move home in the next year
A survey by Zoopla has revealed that one in seven (14%) of those who were planning to move home before the pandemic hit have cancelled or paused those plans for more than a year.
‘Balance returns’ to the property market as supply picks up
Knight Frank reports that "after an initial burst of demand following the re-opening of the market on 13 May, the number of new sellers has risen and the ratio between supply and demand has normalised.
‘We can see the first green shoots of a recovery’: Mishcon’s James Liffen on the current state of the property market
"We can see the first green shoots of a recovery," writes James Liffen of Mishcon de Reya as he takes stock of the property sector's current situation, "but think it may be some time before the prime and…
Estate agents have 12% more house-hunters on their books compared to last year
NAEA members managed to agree an average of five sales per branch in May.
Countrywide reveals lockdown impact & bounce-back performance
"Early trading indicators in England are encouraging and we expect a similar bounce back in Wales and Scotland," says Countrywide's Board ahead of the Plc's AGM.