London house prices face further falls as experts warn of no-deal Brexit August 29, 2018 London house prices could fall a further 1.6 per cent this year, according to a new Reuters poll that signals more trouble to come for the capital’s sluggish housing market. In a survey of 30 housing market specialists, house prices in London are projected to tumble 1.6 per cent by the end of 2018 and a [...]
2019 Property Forecast: Here’s what the experts are predicting will happen to house prices next year December 17, 2018 It’s that time of year again, when people guess what’s happening next year. Only, it’s particularly entertaining this year because no one really knows what’s going to happen next week. Still, most of the UK’s big estate agencies have had a go, looking at house price growth in the UK and abroad, what effect Brexit [...]
Swiss bank UBS closes in on US rivals in FTSE 100 broker rankings September 3, 2018 Swiss bank UBS has closed the gap on its US rivals at the top of the FTSE 100 stockbroker ranking list for the third quarter (Q3), moving up to joint third place with 22 clients. UBS, which acts for blue chip companies such as oil major BP, mining giant BHP Billiton and consumer goods company [...]
Persimmon produce stable 1H numbers August 23, 2018 Persimmon shares are higher this week after the company registered a strong set of first-half results on Tuesday. Revenue jumped by 5% and pre-tax profit rose by 13%. The average selling price of a new home rose by 1%, which is a slight decrease on the 1.2% growth achieved in the first-quarter. The underlying new housing [...]
UK house prices: London property market continues to cool as national average asking price reaches a record high April 16, 2018 The average price of property coming to the London market fell this month as the UK average price reached a record high, according to Rightmove’s house price index. The capital is just one of two regions to see a drop nationally, with prices decreasing by 0.6 per cent this month. The national average asking price [...]
Countrywide of the mark: City investors spurn beleaguered estate agent as share wounds deepen August 30, 2018 It seems there is no end in sight for Countrywide’s bloodbath on the stock market. The embattled estate agent has suffered a collapse in its share price since unveiling a £140m emergency fundraiser earlier this month, reflecting just how uncertain City investors feel about the firm’s future. Shares have fallen a further three per cent so far today, [...]
Stunted house price growth dragged down by London slump July 18, 2018 House price growth in May slowed to its lowest annual rate in nearly five years, according to figures from the closely-watched Office for National Statistics (ONS) house price index. On average house prices across the UK have risen three per cent in the year to May 2018, falling from 3.5 per cent in April and [...]
The risers and fallers of London boroughs ranked on house price growth as wider UK demand remains robust February 19, 2018 Housing demand remains resilient fuelling "cautious optimism" among new sellers in most regions of the UK, according to a new report fromRightmove. Average asking prices were up by 0.8 per cent (£2,414) this month, with all regions but one recording the price of newly-marketed property rising this month. The south west was "a very marginal [...]
House prices continue to fall in London, with experts predicting muted growth until 2022 March 19, 2018 London house prices continued to fall last month as the capital's housing market cooled, with experts predicting price growth to remain subdued until 2022. Asking prices fell by 0.6 per cent year-on-year this month, according to figures published today by Rightmove. The average price for a property in London was £631,651. Read more: London house [...]
To fix the housing crisis, ministers should listen to businesses in London – scrap the migration cap and build more homes in the green belt April 18, 2018 First-time buyers are going to extreme lengths to save up a deposit, according to an amusing survey published by Santander this morning. “Almost 2m are willing to swap nutritious meals for pot noodles,” the bank says, inadvertently casting doubt over the future of the global avocado market. The research also reveals that 38 per cent [...]