UK house prices drop in May: Tug of war as high price-to-earnings ratios and a lack of supply affect market June 4, 2015 UK house prices dropped for the first time in three months this May, according to data from Halifax. The market is feeling the effects of a tug of war as a lack of supply drives prices higher, stretching finances and affecting sentiment. The figures On a monthly basis – the most volatile measure – house [...]
House prices in London to fall this year for the first time since 2009 as stamp duty hits property prices April 13, 2015 House price growth in the whole of the UK is about to outstrip London for the first time since 2009, a think tank reckons, after stamp duty and the mansion tax combined to scare buyers. Research published by the Centre for Economic and Business Research (CEBR) today suggests house prices in the capital will actually [...]
Stamp duty up over £900m in last 12 months June 19, 2014 THE ANNUAL total stamp duty bill has soared to £5.6bn in the year to March 2014, up by over £900m from £4.7bn for the previous year, as home buyers are increasingly being hit by the levy as house prices rise while stamp duty thresholds remain flat, according to research by Lloyds Bank. The increase means [...]
UK rental prices: Is it time to stop buying? August 3, 2014 House prices have been on a surge in the last 12 months and despite a recent slowing of the market many first time buyers are finding themselves priced out of the market. The ONS released figures on rental prices this week that make for interesting reading and imply that an answer to high house prices could be [...]
Peer-to-peer can help you save up for a house deposit September 10, 2014 How could peer-to-peer (P2P) lending help you save for a house deposit? First-time buyers looking to live in the South East of England will need to stump up an average deposit of around £30,000 according to research released at the end of August by LSL Property Services, and the figure leaps to £62,253 in [...]
Maximum excitement expected around Harry Kane March 26, 2015 WITH English football’s new superstar Harry Kane due to play a part against Lithuania tonight, Sporting Index have priced up a number of specials around the Tottenham hitman. Traders are predicting he will play for 77-80 minutes. If you expect him to play less than 77 then you would sell, and if you expect him [...]
April Fools’ Day? Norfolk gives a broad hint on Nelson’s Column March 31, 2015 The Capitalist inbox has been swamped by a spate of press releases that can only be described as weird. Take, for instance, a plan to relocate Nelson’s Column from Trafalgar Square to the North Norfolk coast in time for the 210th anniversary of the death of the region’s most famous son. Visit North Norfolk says [...]
Maximum excitement on Liverpool v Man United March 19, 2015 FOR MANY Liverpool versus Manchester United remains the biggest game in English football and it’s a clash that frequently entertains. However, the Reds’ new-found defensive strength, combined with United’s strikers misfiring for much of the campaign, could mean this is a match that will lack goalmouth action. In the last four meetings only one side [...]
A vision for the future of King’s Cross: Show apartment is unveiled at The Plimsoll Building April 23, 2015 King’s Cross is one of the largest and most exciting regenerations currently underway in London, and visitors got their first taste of what it would be like to live in one of its apartments last week. The interior-designed show flat at The Plimsoll Building was unveiled on the site next to Regent’s Canal and [...]
Bankers report anaemic rise in business loans June 24, 2014 LENDING to businesses is rising sluggishly while the latest mortgage lending figures showed yesterday that the new regulatory efforts are helping to cool the growth of credit for housing. Figures from the British Bankers’ Association (BBA) indicate that business lending has barely budged from its position a year ago, rising by only 0.3 per cent, [...]