London house prices set to hit lowest growth levels since financial crash September 10, 2018 London house prices are set to drop 0.7 per cent next year, marking the lowest annual rate of growth in the UK’s property market since the 2008 financial crisis. Big Four accountancy firm KPMG has projected that property prices in the capital will continue to fall until 2021 in a report out today that suggests [...]
Summer house deals dip amid Brexit uncertainty August 21, 2019 Britain’s property market suffered a sharp fall in the number of transactions made between June and July, as the traditional summer slowdown and growing uncertainty over Brexit dented activity. Figures released by HMRC this morning show a marked reduction in the number of property transactions over the summer months, with a drop of 8.5 per [...]
Someone’s redesigned London’s Tube map to show what salary you need to afford a flat at any station October 4, 2018 Have you ever wondered how much you’d need to earn to buy a flat in London? Then fear not – Totally Money has redrawn London’s Tube map to help you on your way – or entirely crush your home owning dreams, more likely. Read more: Millennial home ownership slides as affordability crisis worsens Even if [...]
Short sellers take a bite out of Beyond Meat as shares slump October 24, 2019 Short sellers have sunk their teeth into Beyond Meat as shares in the plant-based meat substitute company come off the gas following its hugely successful US listing earlier this year. Shares in Beyond Meat had surged past $200 in July, having debuted at $25 in May, but have gone steadily downhill since then. Now short [...]
London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
London house price growth sinks to near-decade low September 19, 2018 London house prices plunged to their lowest rate of growth in nearly a decade in July, falling 0.7 per cent as the capital's property market slowdown shows no sign of easing up. The average London property cost £485,000, marking the steeping decline since September 2009, according to the latest figures from the Office for National Statistics (ONS). Meanwhile, [...]
Aston Martin swings to £13.5m loss as it blames ‘soft’ UK demand November 7, 2019 Aston Martin sank to a loss in its third quarter as demand for its luxury cars dried up, it revealed today, but shares still rose 10 per cent as it looked ahead to sales-boosting new models. The figures James Bond’s favourite car maker found little love from other buyers as it swung to a loss [...]
UK house prices: Growth rate halves as south east faces ‘reality check’ September 18, 2019 The annual rate of growth of UK house prices has slowed to its worst rate since September 2012, according to public data released today, as prices in the south east plummeted. Average UK house prices grew just 0.7 per cent in the year to July, amounting to just half of June’s 1.4 per cent rise, [...]
Closing the backdoor to EU dumping May 25, 2020 Full sovereignty is fundamental to the UK’s success in the post-Brexit future. For it to be achieved a number of loose ends left by the Brexit withdrawal process must be tied up. This should now be a priority for the future trade deal, so the UK can ensure UK citizens and businesses can compete fairly [...]
UK mortgage approvals for new house purchases tumble despite growth in remortgaging September 26, 2018 The number of mortgages approved for house purchases was almost five per cent lower in August compared with the same time last year, providing fresh evidence of flat activity in London’s property market. Despite the fall in new mortgage approvals, remortgaging soared 9.2 per cent during the month, as a rising number of homeowners [...]