The total value of property sales tumbled by 38% last year
£171.7bn-worth of homes were sold across England & Wales in 2020, down from £277.5bn in 2019.
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PCL property prices have fallen by 4.3% this year; rents by 11.9%
Prime Outer London has seen less significant price drops than central areas, reports Knight Frank.
Property market sees ‘busiest ever start to the year’ – Rightmove
Property portal Rightmove has recorded its busiest ever start to a new year, with visits to the site up 30% compared to the same period in 2020.
Stamp Duty holiday sales rush is hiding a polarising property market, warns Zoopla
“There is a large pipeline of sales to complete by Christmas and the 31 March 2020," says Zoopla's insight chief "– with an average 100 days to complete an agreed sale those looking to beat the stamp…
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Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
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