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 [...]
Surge in London house building set to drive new UK homes to 11-year high November 1, 2018 London is set to drive a surge in UK house building as the industry prepares for the number of new homes being built to hit an 11-year high. Large-scale developments and private sector rental demand are set to drive the number of new house builds in the capital up by 141 per cent, according to data [...]
UK house prices: Growth slows again, falling to a six-year low in September as London sees prices plummet October 19, 2018 UK house price growth slowed again in September, down to its lowest annual rate in six and a half years at 0.9 per cent. The south east became the first region to report negative annual growth, with house prices dropping a modest 0.1 per cent year on year, according to Your Move’s House Price Index. [...]
Focus On Harrow: Why this west London suburb is popular with families and first time buyers September 28, 2018 With inner city London gradually dividing itself into a series of ‘villages’, mimicking the community, farmers markets and independent high streets of semi-rural life, what’s the point of suburbs anymore? Places like Harrow have traditionally been quite pedestrian places, attracting families to its healthy stock of semi-detached houses and good quality schools. The ultimate – [...]
The Bank of England’s own data negates Carney’s overhyped house price warning September 19, 2018 No one can tell them quite like Mark Carney, the governor of the Bank of England. He appears to have briefed the cabinet last week that house prices could fall by 35 per cent in the event of a no-deal Brexit. To be fair, the Bank did try to qualify this figure by saying that [...]
London housing market showing signs of recovery September 17, 2018 The London housing market is showing some signs of recovery with transaction numbers at the upper end of the market up six per cent year-on-year. The number of agreed sales for houses above £750,000, representing a fifth of all transactions in London, increased six per cent in September on the same month a year ago, [...]
Bank of England boss Mark Carney warns house prices could fall by a third in a no-deal Brexit September 13, 2018 The governor of the Bank of England Mark Carney said house prices could crash 35 per cent over three years in the event of a no-deal Brexit in a briefing to cabinet today. Carney said if the UK crashed out of the European Union without a deal, a sharp rise in mortgage rates could torpedo [...]
The cost of luxury homes in Nine Elms are being slashed to bargain prices September 9, 2015 Nine Elms may be one of London's most ambitious residential development projects in decades – but it seems the luxury homes being built in the area aren't as popular as anticipated, after figures showed half of the homes under construction or just completed the area were reduced in price before they were sold The research, [...]
Property firm LMSL teams up with crowdfunding platform to launch £9m east London bond September 8, 2015 A property investor is offering small retail investors the chance to buy a slice of east London property after launching a £9m mini-bond via crowdfunding platform CrowdBnk. LMSL Group, which owns 160 rental properties in east London worth around £52m, said it aims to raise at least £9m to plough back into the ongoing regeneration [...]