Cost of Getting on the U.K. Property Ladder Surges to Record By Lucy Meakin - Bloomberg - Published 1 July 2017Cost of Getting on the U.K. Property Ladder Surges to Record First-time buyers in the U.K. property market are paying a record amount to purchase a home, with Londoners shelling out almost double the average [...]
How will the General Elесtiоn Result impact UK Property Mаrkеt General еlесtiоnѕ often аffесt thе hоuѕing mаrkеt аnd housing prices. With thе rесеnt rеѕult of Brеxit, landlords mау be feeling a little restless about thе future. It’s wеll known within thе property industry thаt trаnѕасtiоnѕ tеnd tо еаѕе оff during the build-uр of a gеnеrаl [...]
UK House prices set to rise for the next 50 years, continuing to outstrip incomes, warns ex-Bank of England economist UK House Prices Set To Rise For The Next 50 Years; continuing to outstrip the average income which won't keep pace with the escalating cost of housing. Therefore, the continued property price rise will put [...]
UK Property Prices Rise in December UK Property Prices Rise in December. The latest figures from the Halifax reveal that the UK house price average rose by 1.7% in December; adding nearly £4,000 to the average house value. The rise takes 2016 increase to 6.5%. Therefore, pushing ratio of prices to earnings to just shy [...]
Annual house price growth remains broadly stable at 4.3% The annual rate of house price growth remained "broadly stable" at the start of 2017 at 4.3%. Therefore, just below the growth rate in December of 4.5%, according to the latest Nationwide house price index. House prices increased by 0.2% over the month, after taking account [...]
Stamp Duty Reform 2016 Budget What changes for property investors? Stamp Duty Reform 2016 Budget what changes for property investors? Now the chancellor George Osborne has delivered the budget for 2016. Labelling “Financial markets” as “turbulent” and insisting “Britain will be stronger safer and better off inside a reformed EU”. Osborne discussed a range of [...]
Monthly Property Sales Transactions Reaches 10 Year High New data reveals that Monthly property sales transactions reaches 10 year high in February of this year. Proving that Brexit is having little impact on sentiment in the UK property market. However, sales to first time buyers fell, according to the latest figures. The data from the [...]
How Will Starting Brexit Negotiations Affect the Housing Market? How Will Starting Brexit Negotiations Affect the Housing Market? The UK property market will not see any sharp decline because of the formal start of the Brexit Negotiations. During the 2 year period, the UK will negotiate trade deals. May will look to secure deals to [...]
What Does The General Election Mean For The Property Market Theresa May has called a snap General Election. Only 2 Years on from the last conservative victory. 2020 was the expected date for the next general election. However, the election can be held earlier, provided that two-thirds of MPs back the move under the Fixed [...]
UK Property Values Up Year to May
UK Property Values Up Year to May
Hanover Square Real Estate September 10th, 2017|Commentary, UK Property News|
UK Property Values Up Year to May The property market shrugged off any potential referendum turmoil. Recording a 3.3 per cent annual rise in values to May. Values have risen £7,400 on the cost of a typical three bedroom semi at £220,706, said the Halifax. There has been “virtually no change” in house prices over [...]