Main image: House price forecast (left) & House price to earnings ration (OBR October 2021)
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility. But things should ease now, with the pace of inflation falling sharply - but remaining positive - in the coming years.
KPMG warns of no-deal Brexit house price plunge
Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant;
By PrimeResi
Is this the last property boom? Economists predict ‘the death of house price cycles’
Property markets are surging around the world. But "there are good reasons to think this will mark the last house price boom for the next 30 years," says Capital Economics.
By PrimeResi
‘A turning point for house price growth’: Pandemic property boom to ease next year, but ‘no sign of a cliff edge’
2021 is set to be the UK property market's strongest year since 2007, both in terms of sales volumes and house price inflation, according to Zoopla.
By PrimeResi
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Strutt & Parker recruits high-flyer Reynolds to lead UK resi sales
Key player joins leadership team as 140-year-old agency ramps up prime & super-prime ambitions.
Trophy Holland Park villa fetches over £40mn
Boost for embattled PCL market as 19th century Italianate mansion sets 2025 benchmark.
Rumourmill Roundup: 7 big tax changes that could hit the property market this Autumn
A flurry of Treasury leaks & speculation surfaced over the summer holidays, including proposals to end Stamp Duty, extend CGT & IHT, and to introduce a new annual property tax.
By PrimeResi
DDRE expands into the North West to tap growing UHNW market
Brokerage moves to meet 'new wave' of demand for high-value homes across Cheshire, Merseyside, the Wirral & Greater Manchester.
London Square bags planning for prime Battersea project
Waterfront site opposite the Chelsea Embankment - derelict for a decade - is to deliver 118 new homes.
Knight Frank expands in East Anglia
Georgie Veale has moved from the London-based Country Department to head up the agency's new operation in Suffolk.
Brokerage hires ex-Chestertons director to head new business development arm
Harding Green’s new tech-driven division aims to provide self-employed agents with ‘corporate-level’ lead flow.
Draker & KFH combine to create ‘one powerful agency’
The two London estate agencies have been co-branded following their recent acquisitions by Lomond.
By PrimeResi
Former Knight Frank Finance Partner launches high-value mortgage brokerage
Alastair Keeling's new venture is called Arkmor Capital.
By PrimeResi
Super-prime St John’s Wood townhouse pitched as ‘possibly the best value home in the area’
Multi-million-pound price cut makes 'ambassadorial' Hamilton Terrace residence one of PCL’s best deals, says agency.
LATEST ARTICLES
Survey reveals shifting UHNWI strategies in PCL
Savills poll of leading advisers shows London’s ultra-wealthy reassessing residency amid mounting tax pressures.
Echlin signs industry big-hitter Collins as £200mn luxury pipeline takes shape
Mark Collins, the former Chairman of Residential at CBRE, has joined the expanding design & development firm as non-exec director.
Housing Secretary resigns over Stamp Duty miscalculation
'I deeply regret my decision to not seek additional specialist tax advice,' says Angela Rayner.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
In Pictures: Cliffside trophy home in Mallorca debuts at €33mn
24,000 sq ft Port Andratx project was completed in 2024.