Property Market News

"It seems to have been a steady, rather than spectacular summer as far as the UK property market is concerned," reports buying agency Garrington in its September market update.

Asking prices fail to rise in September for the first time in eight years, reports Rightmove

There's a "consistent imbalance" between tenant demand and rental supply, warn surveyors, while Brexit-based uncertainty is continuing to thwart activity in the sales market

There's been "no crash, no fire sales and no mass exodus from London", despite three years of catastrophising by "so-called 'experts'", writes Islay Robinson, CEO of global mortgage firm Enness.

Cluttons saw a 30% jump in new buyer enquiries from Q1 to Q2 this year - but has downgraded its price forecasts in Prime Central London

London's prime boroughs have been hardest hit by a dramatic fall in property sales since June 2016

Sales Market Snapshot: 29% more new prospective buyers registered with Knight Frank in Prime Central London in the first half of this year, while the number of new £1m+ listings fell by 25%

Rental Market Snapshot: Knight Frank reports a 22% jump in the number of would-be tenants across prime London, with no corresponding rise in supply

45% fewer prime new-build homes started construction in London in Q2 this year compared to 2018, report Savills and Molior

The average UK house price has risen by 318% since 1995, with some locations out- or under-performing that to a quite significant degree...

Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant;

Property prices within 500 metres of a Tube Station have increased by 2.1% more each year since 1998, compared to average prices across London boroughs