House prices in Chelsea have fallen by 10 per cent this year October 6, 2016 House prices in Chelsea have fallen by 9.8 per cent annually, according to Knight Frank. Overall, prices for high-end homes in central London fell by 2.6 per cent in September, the estate agents said. Read more: House prices under threat in Tower Hamlets due to rapid building and Brexit There were marked regional differences in prices [...]
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 [...]
New homes on sale in London: from riverside homes in Woolwich to an old furniture factory in Hackney October 7, 2016 Royal Arsenal Riverside, Woolwich From £422,500 The first homes with a view of the river are on sale at Berkeley Homes’ new scheme. The 20-storey building also overlook a new four-acre Waterside Park that connects Woolwich Town centre to the river path. In total, there are 266 studio to three bedroom flats on sale at [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]