Some 36% of all homes which have had asking prices cut this year are now listed as sold subject to contract. GetAgent...
Archive
30 April 2024
From: Breaking News
Buyer expectations of price discounts are too high, a prime agent claims. Jo Eccles, founder and managing director of prime London buying...
07 September 2023
From: Breaking News
Price reductions have reached their highest level in at least nine years according to estate agency Hamptons. Some 50 per cent of...
08 August 2023
From: Breaking News
The level of sales agreed has reached its highest point this year and is encouraging more sellers to the market, Zoopla...
30 May 2023
From: Breaking News
Cutting an asking price has become a less effective selling strategy this year, research claims. Data from estate agent prospecting tool Spectre shows...
28 March 2023
From: Breaking News
Sellers are cutting asking prices by an average 4.5% discount to achieve a sale, Zoopla claims. The figure is the highest for...
28 February 2023
From: Breaking News
The housing market is becoming more price sensitive as listing values drop and cuts rise, Rightmove claims. The portal’s latest data shows...
14 November 2022
From: Breaking News
An estate agency firm is urging sellers to resist cutting asking prices. Tom Cranenburgh, of GetanOffer, which describes itself as a quick...
14 November 2022
From: Breaking News
Increasing numbers of transactions have fallen-through and asking price cuts are increasing but the market is still on track for almost...
31 October 2022
From: Breaking News
Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new...
04 October 2022
From: Breaking News
The level of price cutting on agency listings has started to hit new highs. Property Log, which is a Chrome extension that...
29 September 2022
From: Breaking News
Agents have been warned that they risk letting down their clients by denying the prospect of a housing market correction. Charlie Lamdin,...
24 August 2022
From: Breaking News
The Bank of England’s continued rise in interest rates – the latest being a shift up to 1.25% - is, in...
25 June 2022
From: Features
The property market is starting to get hit by price cuts and slower sales times. Research by Zoopla has highlighted that one...
30 May 2022
From: Breaking News
Property sellers are twice as likely to find a buyer for their property if the original asking price does not change,...
17 September 2020
From: Breaking News
Another estate agency has closed one of its prime London offices as the capital’s most exclusive areas continue to be hit...
26 February 2019
From: Breaking News
Rightmove says the housing market is now into a ‘summer sale’ as newly-marketed property shows an average asking price fall of...
20 August 2018
From: Breaking News
There’s more gloomy reading for vendors from a new report by website Home, which says the volume of properties slashing their...
13 July 2018
From: Breaking News
Homes for sale in some parts of inner London are seeing price discounts of up to 10 per cent says Hometrack...
30 January 2018
From: Breaking News
The tactic of reducing the asking price of a retirement apartment by £1,000 per week appears to have worked - the...
11 May 2017
From: Breaking News
The director of a respected mortgage broker is warning that market sentiment is changing with more down-valuations from surveyors and some...
09 May 2017
From: Breaking News
The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in...
25 April 2017
From: Breaking News
Another agency says price reductions of 10 per cent or more are often found in some prime central London areas such...
27 January 2017
From: Breaking News
Knight Frank says overseas buyers are not only benefitting from a significant drop in the effective price of central London properties...
14 November 2016
From: Breaking News
Figures from London data consultancy Lonres show that since the referendum the average price cut on homes across most of central...
26 October 2016
From: Breaking News
Buying agent Johnny Turnbull claims that 83.2 per cent of the properties sold in prime central London in the second quarter...