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Latest property news
UK Sotheby’s International Realty pushes on with poaching staff from London rivals
Tania Smith, Suzi Robertson, Dean Elgafar, Luke Tye, Gemma Pugh, Tacita Rolls, Rebecca Warren and Ryan Stokes will join the existing letting team James Somers and Diana Tran
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Housing Market
House prices dropping at most dramatic rate for a decade
Largest house price falls are concentrated in Southern England towns including Colchester (-3.5%), Canterbury (-3.4%) and Luton (-3.3%).
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Latest property news
Jitters in prime London market as politics deters buyers
Research chief at Knight Frank says the number of new prospective buyers in London increased between August and September, but was half of that experienced since 2021.
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Latest property news
Sotheby’s poaches highflyers from Knight Frank as ‘talent raid’ continues
Simon Burgoyne and James Gubbins have engineered some of London’s biggest deals and they will work from UKSI’s Conduit Street office.
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Latest property news
House prices ‘may drop £50K’ by end of next year
Analysis by Confused.com reveals average house prices might fall by more than £50,000 before the end of 2024.
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Latest property news
House prices fall more severe than expected, says Knight Frank
The agency's head of residential research, Tom Bill, says it has revised its prediction for this year from a 5% fall to 7%, with another drop of 4% in 2024.
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Latest property news
Big landlord warns rising rents threaten ‘heart and soul’ of property market
Latest data from the Office for National Statistics shows annual private rental prices increased by 5.4% in England, 6.5% in Wales and 6.0% in Scotland.
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Latest property news
AGENT BLOG: The ‘light at the end of the tunnel’ moment has not yet arrived
Knight Frank’s Tom Bill says that while Nationwide reported a -5% fall in house prices average prices in prime central London declined by just 1.4%.
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Latest property news
Bank of England boss casts doubt on future interest rates
Andrew Bailey hinted to MPs this week that the Bank is through with lifting interest rates and stressed inflation was on course for a ‘marked’ decline.
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Housing Market
‘Bank of England will hike rates despite falling inflation’
The fall was driven by a reduction in the energy price cap and food prices but services inflation which the bank monitors rose to 7.4% from 7.2%.
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