Latest property price analysis from Kate Faulkner - May 2021 What's happening in the property market currently? National price performance In times of uncertainty, home movers usually react pretty badly and basically ‘batten’ down the hatches, so many buyers and sellers refuse to move. Despite the uncertainty over
London prime rental market round up Savills Prime London rents fell by 1.5% in the three months to December 2020, leaving them down 3.7% over 2020. That has been driven by a 6.2% annual fall in the rental value of flats, which have been at the sharp
London rental market Normally the London rental market just goes up, but on occasions it does take a fall and the pandemic has resulted in an increase in supply of rental properties and fall in demand, so much so that rents have, typically, fallen. For once, good news for tenants!
Summary of London's prime central market The prime market in London is incredibly specialised and is well reported and measured by Savills and Knight Frank. Here is a summary of their reports. Savills Prime central London has been reliant on demand from domestic buyers and resident non-doms throughout
London property prices London is made up of 32 boroughs, some of which are host to some of the most expensive properties in the world, which reside next to social housing, owned by the state and rented at around a third of the cost on the open market. London is
Kate Faulkner's property price update - April 2021 What's happening in the property market currently? Interesting data from the nationals this month. Probably the most interesting is that apart from the Rightmove Index, property prices are continuing to rise a lot faster than their long term
What's the problem with the current government support for home owners with the cladding crisis? On the surface, a £5bn fund to help leaseholders to remediate the problem at little or no cost, seems to be a huge help from the government. However, according to George Martin, a
Cladding - what can home owners or potential buyers do? There are some really good initiatives being carried out to keep the pressure on the government and support home owners so they don’t go through this on their own. The key one is the UK Cladding Action Group (UKCAG)
Need to know more about cladding? Here are the essentials There are a lot of headlines about cladding and the impact it’s having on people and their homes. What we are trying to do in this series of articles is help you have the information you need, to know
Cladding and enfranchisement In this article, Mark Chick – Director of the Association of Leasehold Enfranchisement Practitioners (ALEP) – considers the issues that someone affected by cladding may need to consider before buying their freehold. Download the full article here External cladding - why is this an issue? The horrific events of
Property price update from Kate Faulkner - March 2021 What's happening in the property market currently? While we thought we were all heading for a nightmare guillotine at the end of March in the property market, thank goodness the Treasury listened to all those who worked hard to
New property price forecasts following the budget How will the budget impact on the property market for 2021? While listening to the budget, I could hear huge sighs of relief, especially from the 100,000+ movers who were very worried their purchase might not go through in time for the