Foxton’s prepares for housing market slowdown in London August 27, 2014 Investors fled Foxton’s shares yesterday after the London property agent warned that it expected a slowdown in the housing market in the second half of the year. The company, which floated in September last year, said measures introduced by the Bank of England to temper mortgage lending and the expectation of a hike in interest [...]
Housing boom is nationwide September 16, 2014 HOUSE prices boomed at record rates across the UK in the year to July, according to official data released yesterday, despite separate and more recent figures showing growth rates levelling off. Prices rose 11.7 per cent in the year to July with London leading the way at 19.1 per cent. Prices paid by first-time buyers [...]
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 [...]
In charts: Are UK house prices suffering from pre-election blues? March 25, 2015 The housing market could be facing a case of pre-election blues. The customary January demand-surge just never arrived. But is this cause for concern or just the market stabilising? The figures Office for National Statistics (ONS) figures show that the rate of house price growth in the UK slowed to 8.4 per cent in the [...]
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 [...]
How shared ownership can help get Londoners on the housing ladder October 22, 2014 The Scottish Parliament has set out plans to levy its first tax since 1707. In an effort to support first time buyers, it proposed reforming stamp duty into a marginal – rather than a “slab” – tax, meaning that house sales in Scotland will no longer incur the highest rate on the whole price. These [...]
First time buyer loans swell by nearly a third September 10, 2013 MORTGAGE lending to first time buyers has jumped upward, rising by 31 per cent to £8bn in the year to June, according to Bank of England figures released yesterday. New government schemes to boost activity in the housing market appear to have had the desired effect in the second quarter, as the Funding for Lending [...]
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 [...]
Scotland’s prime property market leaps as buyers race to avoid stamp duty increase February 23, 2015 The number of upmarket homes being sold in Scotland jumped 88 per cent between the second quarter and the fourth quarter of last year, and more than double the figure for the first three months of the year, as buyers raced to avoid a hike in transaction costs due to take place later this year. [...]
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 [...]