House transactions edge up despite Brexit uncertainty denting Spring bounce March 21, 2019 Signs of growing activity in the UK housing market have emerged this morning, with new figures signalling a potential change in tune among buyers who have so far been holding off on deals in the run-up to Brexit. A modest rise in property transactions last month has industry experts noting that some buyers are choosing not [...]
UK house price growth hits six-year low as experts warn of ‘Brexit downward spiral’ March 20, 2019 London house prices fell 1.6 per cent in the year to January, official data revealed today, as experts warned a mix of Brexit uncertainty and the death of buy to let are hurting the value of homes. The sharp price drop in the capital's housing market meant overall UK house prices rose just 1.7 per [...]
London house prices dip over 2018 January 30, 2019 London house prices dipped in 2018, with uncertainty looming large over the capital in spite of double-digit growth across many of the UK’s other major cities. Property prices in London tumbled 0.2 per cent last year, according to new data which underlines fears of a slowdown in activity across parts of the capital’s housing market [...]
London housing market faces negative outlook for start of 2019, warn surveyors January 17, 2019 Fresh fears for the future of London’s subdued property market were brought to light this morning, with forecasts for growth in the capital hitting their lowest levels in two decades. As uncertainty bites both buyers and sellers, a record number of surveyors are predicting that activity in the capital will remain negative over the next [...]
London house prices fall as UK homes grow in value January 16, 2019 London house prices fell 1.2 per cent month-on-month in November, official data revealed today. Homes in the capital also experienced the greatest annual fall as they dove 0.7 per cent year on year in November, according to HM Land Registry figures. The drop left the average London home priced at £472,901. Read more: Falling fuel [...]
Apsley and Oxshott top London’s commuter town rankings after today’s rail fare price hike January 2, 2019 Hertfordshire's Apsley has been named London's cheapest town for City commuters, after the UK today hiked up rail fares by 3.1 per cent and hit the capital's train riders the hardest. In an analysis of house prices, mortgage payments, the cost of a rail season ticket and journey duration, Apsley won out in costing the [...]
UK house prices 2019: What experts say will happen after Brexit December 31, 2018 Has there ever been a more difficult time to predict the future of UK house prices? Political uncertainty looms large over the UK’s property market, but experts have nonetheless given their expectations for the year to come. Bank of England governor Mark Carney showed how dangerous the numbers game can be in November, when he had [...]
London house prices slump as Brexit stagnation spreads to suburbs December 19, 2018 London house prices fell in October as slowdown in the capital dragged down UK property price growth to its lowest level in five years. House prices in London fell 0.3 per cent in October, taking the annual price fall in the capital to 1.7 per cent, according to data released today by the Office for National [...]
London house price boom to end as buyer’s market returns November 23, 2018 The London property market is slowly returning into the hands of buyers, as the days of house price growth outpacing the rise of inflation look set to come to an end. Industry analysts and economists polled by Reuters over the last week have predicted house prices in the capital will fall 1.7 per cent this [...]
London house prices: Homes in the capital lose value despite the UK’s resilient property market November 14, 2018 London house prices fell 0.3 per cent in the year to September, according to Office for National Statistics (ONS) data released today. Growth in the capital lagged far behind the UK-wide average, which was 3.5 per cent, a small increase from 3.1 per cent last month. The growth puts the average house price across the country [...]