"Lucian Cook explores the dependencies on which a sustained recovery of the housing market relies, the impact of government policies, and balance of supply and demand in the UK’s property market."

"Growth across prime regional markets remains muted as the buoyancy of the pandemic recedes and the October Budget looms on the horizon. But the August interest rate cut has stimulated growing demand among mortgaged buyers, which is likely to feed into a gradual recovery"

"Questions around the outcome of the October budget have weighed on those involved in the prime central London market, overshadowing the benefits of lower mortgage rates felt by some buyers in outer prime markets."

"Prime Scottish sales activity picked up post-summer, although pricing is under pressure due to high levels of available stock. Looking ahead, whilst a possible increased tax burden might impact sentiment, underlying demand for well-presented and realistically priced properties will support transactional growth."

"Fixed rate mortgage costs continue to ease, despite the Bank Base Rate being held. Yet fears around tax increases ahead of the Autumn Budget have held back recovery in the housing market, particularly at the top end. "

"A decade of adaptation"