Londoners buying property outside the capital hits highest rate in eight years December 26, 2015 Eye-watering property prices forced Londoners to leave the capital at their highest rate for eight years in 2015, as they spent £24bn on homes outside of the city. 63,000 homes outside the capital were purchased by Londoners in the past year – a two-thirds increase on the 38,000 purchased in 2014 – as house prices continued to skyrocket in the capital. According [...]
Arm Holdings is just the start of a great British asset sale July 18, 2016 The UK’s vote to leave the EU was seen by some Brexiteers as a chance to reclaim the country’s borders, draw up a new fortress UK, as well as make a protest vote against the rise in inequality after the financial crisis. But in the investment markets, the drawbridge has already been lowered. Thanks to [...]
The behavioural biases that explain why Mr Market is unruffled by Mr Trump November 14, 2016 The world is not short of comment and analysis following the election of Donald Trump as US President. In some ways, the coverage is indicative both of the result’s unexpected nature and its historical significance. It is fascinating, therefore, that an event of such magnitude has created barely a ruffle in stock markets. Step back from [...]
UK housing market activity rose to a six-month high in September – Connells Survey & Valuation October 13, 2015 UK housing market activity reached a six-month high in September, according to data out today from Connells Survey & Valuation. Last month also saw the number of property valuations reach the second-highest monthly level on record – there were just 0.5 per cent fewer valuations carried out than in March 2015, which is when they [...]
Autumn Statement 2015: No, Mr Osborne, this is not a crisis of home ownership, it’s a housing crisis – where was the pledge to fix the rental market? November 25, 2015 The chancellor thinks we’re in the middle of a home ownership crisis. We're not, we're in the middle of a housing crisis. At least the Conservatives are consistent. Their one-track focus on home ownership and home ownership alone as the only solution for the UK’s housing crisis never wavers. Despite that the Conservatives still had [...]
Here’s how far house prices fell after the Brexit vote, according to the first data on property values since the referendum July 18, 2016 House prices fell by 0.9 per cent this month, equivalent to £2,647, according the first data showing how property prices have been impacted by the Brexit vote. Rightmove's report on the value of homes coming to market also found enquiries in the two weeks after the referendum were down by as much as 16 per cent compared to the same period [...]
London house prices: Property owners in prime central London are selling their homes to free up savings, according to new research June 13, 2016 London home-owners are selling their premium properties to free-up savings, according to new research. Four in 10 sellers in London put their homes on the market in order to release their investments in the first quarter of this year, making this the most prominent motivation behind selling up. Just under one third (29 per cent) of [...]
Night Tube series: Top seven places to buy along the Central Line November 2, 2015 Deep down in the bowels of London, there lies the Central Line, perhaps the hottest, noisiest and most crowded of all Tube Lines. It’s also one of the quickest lines meaning it’s useful for commuters coming in from the far flung suburbs of east and west London. But for investors and first-time buyers, it’s the [...]
Britain needs an industrial house-building revolution to tackle housing market failure January 14, 2016 The world is moving from uncertainty to instability. Economic, political and social “flashpoints” include the United States, EU, China, North Korea and the Middle East. While the UK has sensible economic goals – 2.5 per cent growth, 2 per cent inflation, £1 trillion of exports by 2020 and improved public finances – progress is mixed. [...]
Barratt share price jumps as housebuilder posts “excellent” first half January 13, 2016 Another day, another housebuilder smugly proving the property sector is where it's at these days. But one analyst was still cautious… The figures The company said it completed 7,626 homes in the six months to the end of December, 9.4 per cent more than last year. The company was receiving 0.66 net private reservations per active site each week – up from [...]