Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...
Archive
The JLL Prime Central London Index saw signs of improvement in the first quarter of this year, with 4.5% more properties...
25 April 2024
From: Breaking News
Inflation has eased to 3.2% down from 3.4%, official figures from the Office for National Statistics show, the lowest level since...
18 April 2024
From: Breaking News
The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, according...
05 April 2024
From: Breaking News
Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts...
02 April 2024
From: Breaking News
Inflation has hit a new two-year low as the cost of living measure slowed to 3.4% in February. The figure is down...
21 March 2024
From: Breaking News
The gap between the price a seller wants and what a buyer is willing to pay is at risk of widening,...
19 March 2024
From: Breaking News
I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...
02 March 2024
From: Features
Mortgage approvals increased for the fourth consecutive month in a row during January but that hasn’t fed into official sales yet, data...
01 March 2024
From: Breaking News
Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two-bed home, according...
22 February 2024
From: Breaking News
Prime market activity hasn’t caught up with more positive sentiment, Knight Frank claims. It comes as figures from the agency brand showed...
05 February 2024
From: Breaking News
Knight Frank has revised its house price forecasts and said it now expects average values to rise this year rather than...
15 January 2024
From: Breaking News
The lending outlook is improving for the housing market but psychological milestones remain, Knight Frank warns. The latest UK market commentary from...
20 November 2023
From: Breaking News
The rate of inflation has fallen to the lowest level in two years, raising hopes of a boost for the property...
16 November 2023
From: Breaking News
It wouldn’t be sensible to jump to a firm conclusion about the prospects of the housing market this side of Christmas,...
13 November 2023
From: Breaking News
A Stamp Duty holiday would be more beneficial now than at the start of the pandemic, Knight Frank has suggested. The latest...
07 November 2023
From: Breaking News
The property market’s 18-month “white-knuckle ride” is coming to an end, Tom Bill claims. Speaking on the Guild of Property Professionals’ The...
24 October 2023
From: Breaking News
Demand for residential property remains fragile despite a pause in interest rate rises, Knight Frank claims. While the number of new prospective...
10 October 2023
From: Breaking News
Knight Frank has revised its house price forecasts and now expects a steeper market drop. The agent previously predicted a 5% fall...
02 October 2023
From: Breaking News
The Bank of England has held off on further interest rate rises for now but agents warn that there is still...
22 September 2023
From: Breaking News
The mortgage rate rollercoaster is finally winding down but pressure will remain on the property market, Knight Frank claims. New commentary from...
19 September 2023
From: Breaking News
Agents and property professionals have expressed hopes that rates have peaked after latest rise Iin the cost of borrowing. The Bank of...
04 August 2023
From: Breaking News
The air is slowly coming out of the prime London property market, Knight Frank claims but the agent has said it...
29 June 2023
From: Breaking News
Annual house price growth dropped for the fourth month in a row in February and dropped further into negative territory on...
20 April 2023
From: Breaking News
February marked the slowest month for residential transactions in almost a decade, HMRC data suggests. New HMRC transaction figures shows the taxman...
22 March 2023
From: Breaking News
House prices will still come under pressure despite a better-than-expected economic outlook, Knight Frank claims. New analysis from the property brand claims...
20 March 2023
From: Breaking News
The property market looks to have avoided ‘heading over a cliff,’ Knight Frank suggests. Analysis by the agency brand suggests the further it...
14 March 2023
From: Breaking News
The motivation of ‘needs-based buyers’ shouldn’t be underestimated despite the current negative market data, Knight Frank claims. Official data in recent weeks...
07 February 2023
From: Breaking News
Lenders approved the lowest number of mortgages since May 2020 in December. The latest Bank of England data shows mortgage approvals for...
01 February 2023
From: Breaking News
Tracking mortgage rates may be more fruitful for buyers than following house price data, a property expert claims. Tom Bill, head of...
10 January 2023
From: Breaking News
New year, old worries: what’s happening in the housing market? We’ve asked experts and collated forecasts, 15 in total. On the one...
07 January 2023
From: Features
Mortgage approvals for home purchase hit their lowest level since June 2020 during November, the latest Bank of England data has...
05 January 2023
From: Breaking News
The “great recalculation” of the property market will take at least six months to show, Knight Frank claims. Tom Bill, head of...
23 December 2022
From: Breaking News
Buyers are hesitant but haven’t disappeared form the prime London market, Knight Frank claims. The agent’s latest prime London property report shows...
13 December 2022
From: Breaking News
New mortgage lending data from the Bank of England has indicated a slowdown in property market activity during October but agents...
30 November 2022
From: Breaking News
Chancellor Jeremy Hunt warned tough times were coming ahead of his Autumn Statement yesterday and agents were left with plenty to...
18 November 2022
From: Breaking News
The housing market isn’t definitely facing a 2008-style cliff-edge moment, Knight Frank claims. New commentary from the agent has asked if October’s weak...
07 November 2022
From: Breaking News
Property professionals heralded the end of the low interest era yesterday after the latest Bank of England base rate hike. The Bank...
04 November 2022
From: Breaking News
House prices could fall by 10% next year as higher mortgage pricing and rising inflation dampen buyer budgets, Savills has warned. The agency...
04 November 2022
From: Breaking News
Mortgage rates look likely to fall after Rishi Sunak’s appointment as Prime Minister but analysts are still unsure how far the...
31 October 2022
From: Breaking News
There have been plenty of new jobs being started outside of Wesminster this month. Here are some of the latest moves that...
31 October 2022
From: Breaking News
Knight Frank expects prices to fall by 3% next year in Prime Central London (PCL) before rising modestly in the years...
11 October 2022
From: Breaking News
A former senior journalist for The Times and Zoopla head of research Gráinne Gilmore has joined Cluttons as head of research. She will...
05 October 2022
From: Breaking News
House prices look likely to fall next year, a senior analyst claims while another warns the property market is moving from...
03 October 2022
From: Breaking News
The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...
23 September 2022
From: Breaking News
Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...
22 September 2022
From: Breaking News
Annual house price growth returned to double digits in July, Land Registry data reveals. The figures will reignite the debate over the...
15 September 2022
From: Breaking News
Annual house price growth has dropped to its lowest level this year and is back to single digits, official data shows. The...
18 August 2022
From: Breaking News
A property expert has warned that the Bank of England’s gloomy economic forecasts and last week’s rise in interest rates could...
09 August 2022
From: Breaking News
House price growth is set to slow but talk of a correction is overstated, Savills claims. The latest house price forecasts from...
01 June 2022
From: Breaking News
Rural areas are dominating the boost in property supply. Agents have reported an improvement in sales stock in recent weeks. Analysis by Knight...
31 May 2022
From: Breaking News
Property sales slumped in April but are still above the pre-pandemic average, HMRC data shows. Provisional UK property transaction figures from the...
25 May 2022
From: Breaking News
The property market is bracing for the start of the slowdown in the rate of house price growth. The Halifax House Price...
09 May 2022
From: Breaking News
House price growth is expected to hit single digits by the end of the year as the cost of living crisis...
03 May 2022
From: Breaking News
Knight Frank has issued a stark warning that house price growth is set to slow. House price indices from lenders such as...
13 April 2022
From: Breaking News
The Ukraine conflict and cost of living crisis is likely to but a dent in the spring market for agents, an...
11 April 2022
From: Breaking News
The industry has reacted to the Spring Statement by breathing a sigh of relief that nothing was likely to cause damage...
24 March 2022
From: Breaking News
Buyers are already tightening their belts and choosing not to borrow as much as they could, but instead calculate what they...
22 March 2022
From: Breaking News
One of the country’s leading agencies says the recent and expected interest rate rises, and the surging inflation, will not blow...
22 February 2022
From: Breaking News
The total value of all UK homes broke the £8 trillion barrier in 2021 according to Savills - and London is...
01 February 2022
From: Breaking News
The prospect of higher mortgage interest rates mean the housing market may get tougher soon despite another set of upbeat house...
18 November 2021
From: Breaking News
Strutt & Parker has revealed where it believes the housing market will see the largest demand in 2022, outside of London. The...
10 November 2021
From: Breaking News
A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...
09 November 2021
From: Breaking News
The head of research at a leading agency is warning that although the housing market remains buoyant, there may be macro-economic...
08 November 2021
From: Breaking News
The housing market is not immune from the supply shortage hitting the economy, according to Knight Frank - with London the...
13 October 2021
From: Breaking News
Prices in prime central London have risen for the past two quarters, prompting a tentative claim that the market may be...
05 October 2021
From: Breaking News
Exchanges of properties in prime central London, following the end of the largest part of the stamp duty holiday, suggest the...
09 September 2021
From: Breaking News
A sentiment survey amongst wealthy international buyers suggests the affluent sector of the western world is seeing similar house buying frenzy...
26 August 2021
From: Breaking News
There are 19 new distinct £1m-plus property markets in the UK thanks to the soaring house prices of the past 15...
24 August 2021
From: Breaking News
One of the leading housing market analysts says some of the extreme house price rises seen this year could unwind during...
28 July 2021
From: Breaking News
The Halifax is reporting a 0.5 per cent monthly drop in house prices, plus a fall in the annual rate from...
08 July 2021
From: Breaking News
Several estate agencies have reported record months of business thanks to the rush of transactions ahead of the main stamp duty...
05 July 2021
From: Breaking News
Average house prices have risen by £29,000 over the course of the stamp duty holiday as house price annual inflation hits...
30 June 2021
From: Breaking News
Price renegotiations are underway between buyers and sellers in danger of missing Wednesday’s stamp duty holiday deadline, says Knight Frank. The agency...
28 June 2021
From: Breaking News
Knight Frank says it will be September at the earliest before the current frenzy of housing market activity will stabilise. The agency’s...
16 June 2021
From: Breaking News
Prices in prime central London grew by 0.3 per cent in the year to May - tiny rise but a significant...
07 June 2021
From: Breaking News
A gradual increase in the supply of homes coming to the market means the stellar price rises of recent months are...
04 June 2021
From: Breaking News
Data from agency Knight Frank suggests the number of UK exchanges last month was the highest in 10 years - well above...
08 April 2021
From: Breaking News
The total value of the UK’s housing stock has hit a record £7.56 trillion despite the pandemic. The calculation - by Savills,...
22 March 2021
From: Breaking News
Transactions and house price forecasts for the mainstream housing market are being revised upwards by Savills following the Budget. The new predictions follow an...
09 March 2021
From: Breaking News
Savills has upgraded its house price and transaction forecasts following the Budget - and prime London, especially the centre, is tipped to...
09 March 2021
From: Breaking News
The latest house price index from the Halifax suggests the market has softened ahead of the original scheduled end of the stamp...
08 March 2021
From: Breaking News
Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...
25 February 2021
From: Breaking News
Estate agents have kept up the pressure on the Westminster government to consider some kind of tapered ending to the stamp...
03 February 2021
From: Breaking News
The average UK house price is now a record £253,374 according to the Halifax - but the rate of growth is...
11 January 2021
From: Breaking News
The Brexit deal agreed in dramatic form on Christmas Eve is one part of a cocktail eventually boosting the London market...
30 December 2020
From: Breaking News
The pandemic has reignited the flagging country house market and boosted demand for larger homes with gardens, claims Savills. Larger country houses...
30 December 2020
From: Breaking News
In the six months to November there’s been a 79 per cent increase in sales of homes priced £5m to £10m says Knight...
11 December 2020
From: Breaking News
Just when you thought the housing market was beginning to calm down... along comes a likely vaccine for Coronavirus. One of the country’s...
16 November 2020
From: Breaking News
Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers...
22 October 2020
From: Breaking News
The country producing the largest number of buyers of prime London properties is not China, nor from north America or the...
20 October 2020
From: Breaking News
Sales of £1m-plus homes have surged since lockdown as affluent buyers seek more space and lifestyle changes. An average of 868 £1m-plus...
20 October 2020
From: Breaking News
Controversial Housing Secretary Robert Jenrick, tipped by some for sacking when the Cabinet is reshuffled next month, appears to be confident...
21 August 2020
From: Breaking News
Knight Frank has reported a remarkable set of figures for June showing how the housing market has bounced back with a...
17 July 2020
From: Breaking News
A major agency is warning that the current stamp duty holiday could leave the housing market in a state of lethargy...
14 July 2020
From: Breaking News
Savills has revised its market forecast for the enclaves of prime central London and now says prices will fall by 2.0...
10 July 2020
From: Breaking News
Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...
07 July 2020
From: Breaking News
The post-lockdown surge in housing market activity has continued into its sixth week, as at least one agency’s indicators hit record...
25 June 2020
From: Breaking News
Savills has kept in touch with almost 2,000 of its vendors and prospective buyers through two mass webinars. Entitled ‘What COVID-19 means...