UK house prices likely to drop 13% this year as incomes tumble, predict economists
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...
UK house prices hit a four-year high as demand for outside space continues to climb
"The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months," says RICS' Chief Economist …
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Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
‘A radical metamorphosis’: Seven-star new-builds dominating Mayfair sales market after luxury building boom
High-end new-builds accounted for more than two-thirds of sales in the iconic neighbourhood last year.
Boutique PCL agency Wilfords expands with new branch in SW London
The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
‘Astonishing’ $95mn super-villa is one of Dubai’s biggest-ever listings
The ten-bed mansion has been designed to 'expand the possibilities of elite architecture'.
Developers unveil new vision for Notting Hill’s Newcombe House
Beltane and Angelo Gordon are pursuing an office-led approach to the redevelopment of a prominent site on the corner of Notting Hill Gate and Kensington Church Street, rather than an already-consented…
Jane Austen’s Hampshire birthplace offered for £8.5mn
Celebrated novelist Jane Austen lived in the original Steventon House for 25 years, and wrote three of her most famous works there.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
Almax Group debuts boutique apartment scheme in St John’s Wood
The Maccreanor Lavington-designed 1A St John’s Wood Park brings a rare set of new-build apartments to the in-demand neighbourhood.
Why mortgage rates will not return to recent lows any time soon
Professors Alper Kara and Muhammad Ali Nasir explain the factors moving mortgage markets right now - and what borrowers should expect in the coming months and years...
Westminster Council ‘ready to lead’ on short-term rental regulation
'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Foxtons, Savills, Knight Frank, HMRC, OnTheMarket, Propertymark & more...