Property industry reacts to biggest homebuying shake-up in years

There has been a clear post-Budget uplift in activity at the top end of the Capital’s housing market, with a wave of new listings in what is normally a quiet time of year, according to Jefferies London’s Founder, Damien Jefferies (pictured). The property brokerage’s research shows 444 homes priced at £2m or more have been…

Propertymark report points to lengthy delays due to inefficiencies within the system Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Snippets of industry news: Savills strengthens East London team; Eddisons sustainability hires Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Government’s Planning and Infrastructure Bill is nearing Royal Assent after the Commons and Lords resolved all the remaining amendments, with Housing Minister Matthew Pennycook (pictured) confirming it is “on course to receive Royal Assent before the end of the year.” Too complex The reforms come as official figures show both planning activity and housebuilding…

Plymouth City Council says it wants to “showcase how to do it right” when it comes to enforcing the Renters’ Rights Bill once the legislation receives Royal Assent in the next few weeks. Cllr Chris Penberthy (pictured), Cabinet Member for Housing, told the city’s Housing and Community Services Scrutiny Panel that: “Good landlords should have…

Mortgage lending activity is set to dip in the coming weeks but bounce back strongly, Knight Frank has forecasted. The agency is reacting to Bank of England figures showing that home loans were set to drop in the third quarter of the year after a healthy second one. Remortgaging is looking more resilient with an…