The New London Hotspots to Know

The Prime Central London market may have slowed, but London’s new £1 million villages such as Ravenscourt Park are bucking the trend, reports Anna White in The London Standard. She spoke to our Partner in London, Toto Lambert, to discover why.

Ravenscourt Park, Getty

South Hampstead, Ravenscourt Park and West Putney have been revealed as London’s newest luxury villages, each reaching an average house price of over £1 million. Toto Lambert speaks to The London Standard about why Ravenscourt Park, in the borough of Hammersmith and Fulham, has become such a draw for young families.

Read the article here.

Grammar School Rush Fuels House Price Rise

Rising house prices in popular grammar school towns are bucking wider trends, thanks to VAT on private school fees driving demand towards selective secondary schools, reports The Telegraph. Our Partner in the Northern Home Counties, Jemma Scott, speaks to journalist Ruth Bloomfield about the impact in Buckinghamshire.

Church spire and rooftops in Old Amersham, Buckinghamshire.

Buckinghamshire, which has one of England’s highest concentrations of grammar schools with 13 in total, is one such area where prices are growing. It’s a trend that comes as little surprise to Jemma, who explains that the high-performing grammar schools in the county are seen as a first-choice option.

Read the article here.

Is the Government Destroying the Housing Market?

With endless ‘kite-flying’ speculation concerning rising property taxes ahead of the Autumn Budget, some are suggesting that the government have already done more harm than good. Head of the Buying Solution, Will Watson, speaks to The Times and our Partner in the Northern Home Counties, Jemma Scott, speaks to The Telegraph about the impact they are witnessing on the ground

Houses of Parliament and Big Ben, London.

Unnerved by the prevailing uncertainty, some nervous owners of best-in-class properties are already considering selling ahead of the Budget on 26th November, Will Watson tells David Byers at The Times. “Particularly those who’ve held their properties for over 20 years and seen significant price growth,” adds Will. Read the article here.

Speaking to Maya Wilson Autzen at The Telegraph, Jemma Scott says that despite carrying more stock than she has had in recent memory, the market is heading towards stasis, thanks to the curveballs being thrown by the government ahead of the Budget. Read the article here.

The Lure of the Cotswolds for Beyoncé and Jay-Z

As music A-listers Beyoncé and Jay-Z are rumoured to be building a modern barn-style home on a vast 58-acre plot near Wigginton in the Cotswolds, our Head of the Cotswolds, Harry Gladwin, talks to Ruth Bloomfield at The Standard about the area’s transatlantic appeal.

Sarah Frances Kelley for The Buying Solution

Harry has seen a 30% increase in US-based buyers in the Cotswolds since the start of the pandemic. “This region ticks every box of what they dream the English countryside should be – rolling hills, honey-coloured stone, cricket on the green, cosy pubs and villages that look unchanged for centuries,” Harry told The Standard.

Read the article here.

How Potential Taxes on Downsizers Could Impact the Housing Market

As Chancellor Rachel Reeves seeks to find £50bn to plug the Government’s financial black hole, speculation over potential new taxes on homeowners have revealed that downsizers could be in the firing line at the next Budget. Head of The Buying Solution, Will Watson, shares his insights with Maya Wilson Autzen from The Telegraph.

Sarah Frances Kelley for The Buying Solution

With the Chancellor reportedly considering replacing stamp duty with a new tax on sellers of homes over £500,000, it has also been suggested that the Government could charge capital gains tax on primary residences worth more than £1.5m.

As a result, homeowners are now considering delaying selling until a new government (they hope) is in place – a decision which would limit stock levels further still, says Will Watson in The Telegraph.

Read the article here.