The worst is over? Pent-up demand helps stabilise London’s super prime property market after double-digit declines May 29, 2018 Pent-up demand has helped stabilise London's super-prime property market – but that still hasn't stopped parts of the capital experiencing double-digit declines. Chelsea has endured the steepest drops in prices of £10m-plus homes according to Knight Frank, down 15.5 per cent between August 2015, when the market peaked, and March this year. But there are [...]
House sales fell in 85 per cent of London boroughs in 2018 January 11, 2019 House sales slumped in 85 per cent of London boroughs in 2018 amid a difficult time for the UK’s property market, new data revealed today. London fared worse than the rest of the country in terms of the number of transactions, with a 6.5 per cent overall year-on-year drop compared to a 4.9 per cent fall [...]
London house prices: Here’s how far London house prices have fallen due to stamp duty September 7, 2017 Stamp duty has stagnated London’s housing market and pushed down prices, according to research released today. London sales volumes have fallen by seven per cent, and prices in some parts of the capital have fallen by as much as seven per cent, a report by estate agent Aston Chase has found. Read more: Jacob Rees-Mogg [...]
Greater London property lull sinks lower as house prices per square metre fall for the first time in eight years August 18, 2018 Property growth per square metre has slowed down in Greater London, providing fresh evidence of a subdued housing market in the capital. Greater London property space suffered the lowest growth out of any region in the last 12 months, with house prices per square metre (psm) falling for the first time in eight years. House [...]
Looking for your first home? Find a partner first; nearly two out of three first-time buyers are couples May 31, 2016 If you're looking to buy your first home in the UK, think about looking for love first; new research out today shows most people aren't trying to go it alone in the current housing market. First-time buyers are on the up, but almost two out of three of them are buying as part of a couple, underscoring [...]
Focus On Deptford: First time buyers flock to SE8 in search of affordable homes, but is it the new Shoreditch? May 26, 2016 In Tudor times, Deptford was the centre of the naval world. Operated by the Royal Navy from the mid-16th to the late 19th century, the Deptford Docks maintained warships for 350 years and attracted the greatest mariners of the time to its shores, from Sir Water Raleigh to Sir Francis Drake. But once the navy [...]
Jingle sells: Ice rinks and golden baubles on the wishlist as Christmas decorators report best year yet November 25, 2018 Live reindeer, ice rinks and 22 carat-gold Christmas tree baubles – these are the extravagances on offer as wealthy homeowners increasingly turn to interior designers to decorate their houses this festive season. For a growing number of the rich and famous, gone are the days of struggling to put up the tree with the children. [...]
Philip Hammond has failed to improve the Tory party’s chances of electoral survival November 24, 2017 This was an elastoplast Budget. Its purpose was to cover the deepening gash in the Conservative party, give Philip Hammond’s reputation time to heal, and keep out germs hurled by the opposition benches. In this regard, it mostly worked. Read more: The Budget was a valiant attempt at an impossible balancing act The £3bn worth [...]
Prime time: Property prices soar for London’s most expensive homes August 10, 2018 Prices for central London’s most expensive properties have risen at their fastest levels in almost three years, amid signs that confidence is starting to return to the capital’s high-end residential market. Central London’s prime house prices rose 1.2 per cent over the second quarter of the year, marking the highest annualised growth since autumn 2015. [...]
Let’s embrace No Deal and get planning for life after Brexit November 13, 2018 There is an anecdote doing the rounds at the moment where an acquaintance of a civil servant jests “I suppose you’re doing your best to stop Brexit!”, to which the official, not knowing that his friend voted Leave and was pulling his leg, replies “You bet I am, and every one of us too”. True [...]