Weekly Property News Round Up – 26.10.24

Welcome to this week’s edition of Property News Weekly, where we bring you the latest updates shaping the property landscape.

This week, I’m highlighting some key developments in the property market. Homes with certain features are selling quickly despite seasonal challenges, especially in autumn. In London, investor sentiment remains mixed as new insights emerge on the prime property market. Finally, recent recommendations aim to address England’s housing crisis with practical, impactful solutions. Explore the articles below for more on these updates.

If you would like to speak to our experts for some industry insight on these important questions and discover the strategic opportunities this evolving market has to offer, reply to this article today.

Now, let’s have a look at the latest headlines that have caught our eye this week…

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Property News this Week:

A new study by high-value finance brokers, Enness Global, reveals a nuanced picture of investor sentiment towards London’s prime property market, highlighting both challenges and opportunities for policymakers.
 
The study, undertaken amongst over 100 investors in the London prime property market, both from the UK and around the world.

3 Features to Sell Your Property Faster 
The UK property market is hit and miss right now, as although the average time to sell a home sits at 59 days, according to Goodmove, over half of sales take more than 10 months. 
 
This time of year is especially difficult for sellers, with research by Moverly finding that the Autumn months of September, October and November have the longest average time to sell out of all the seasons at 73.3 days.

Housing Commission Recommendations
This report by the Radix Big Tent Housing Commission, supported by Shoosmiths’ living sector legal experts, presents a critical intervention aimed at addressing England’s long-standing housing crisis.
 
The Commission, chaired initially by Dame Kate Barker, who led the 2004 Barker Review, and later by Alex Notay, proposes bold yet practical steps to deliver 1,000 homes per day to meet the government’s ambitious target of 1.5 million homes by the next Parliament.

That concludes this week’s updates. If you have any thoughts or questions about these headlines, feel free to reply—I’d love to chat with you about the latest market trends and discuss your investment goals.

I’ll be back next week with more insights on the property market. Enjoy your weekend!

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