Housing market braces for the New Year rush Property The housing market is getting ready for a big Boxing Day bounce following a seasonal dip in house prices this month. New seller asking prices dropped by 1.7 per cent in December to £360,197, according to Rightmove, but ended the year 1.4 per cent above December last year. Activity remained substantially stronger than the same [...]
Wealthy Americans look to London prime property after Trump’s victory Property Real estate agents in London’s prime property market have marked a spike in interest from wealthy Americans looking to relocate to the UK – particularly families – after Donald Trump’s successful Presidential election campaign. Estate agents Cluttons has experienced a “noticeable uptick in demand” post-election, according to its head of London residential, Laura Dam Villena. [...]
Rising buyer confidence boosts UK residential property market Property HMRC data shows that residential property transactions increased due to buyer confience and more mortgage options
Tallest skyscraper outside London approved August 29, 2024 Plans to build the tallest skyscraper outside London have been approved by leaders in Manchester. Standing at 71 storeys and 213 metres tall, the skyscraper will surpass the height of the previous record holder outside London – Manchester’s Deansgate Square South Tower – which is 201 metres high. However the new skyscraper, which is to [...]
Marshalls: Revenue at building supplier drops but group ‘cautiously optimistic’ about the future August 12, 2024 Housing industry supplier Marshalls has reported a mixed set of results for the first half of the year due to what management called “weak end markets.” However, despite weakness in the construction market over the past year, the company said it was “cautiously optimistic” about the future. Marshalls announced revenue of £306.7m in the half-year [...]