Housing market remains flat as year-on-year property deals tumble September 21, 2018 The number of properties being bought and sold in the UK suffered an annual 2.6 per cent drop last month, signalling the latest evidence that activity in the country’s housing market remains flat. While total property transactions climbed 1.3 per cent between July and August to 99,120, today’s figures also show a 2.6 per cent [...]
Housing market remains flat as year-on-year property deals tumble September 21, 2018 The number of properties being bought and sold in the UK suffered an annual 2.6 per cent drop last month, signalling the latest evidence that activity in the country’s housing market remains flat. While total property transactions climbed 1.3 per cent between July and August to 99,120, today’s figures also show a 2.6 per cent [...]
Four London boroughs set for rocketing house prices amid mass-regeneration September 20, 2018 House prices in London are set to grow by an average of 12 per cent over the next five years, according to research which suggests London’s property slump might not be as severe as many in the industry had feared. Among the London boroughs pipped to undergo the fastest growth are Hackney, Camden, Tower Hamlets, and [...]
Four London boroughs set for rocketing house prices amid mass-regeneration September 20, 2018 House prices in London are set to grow by an average of 12 per cent over the next five years, according to research which suggests London’s property slump might not be as severe as many in the industry had feared. Among the London boroughs pipped to undergo the fastest growth are Hackney, Camden, Tower Hamlets, and [...]
Opinion: Ten years on from the financial crash, the property market is in recovery but should emerge stronger than ever September 14, 2018 It might all be about Brexit now, but let’s not forget what happened 10 years ago. Recessions sparked by problems in the financial markets are widely recognised as being deeper and more prolonged than other downturns. And this certainly seems to be the case with the financial crash and the fall of Lehman Brothers 10 [...]
Opinion: Ten years on from the financial crash, the property market is in recovery but should emerge stronger than ever September 14, 2018 It might all be about Brexit now, but let’s not forget what happened 10 years ago. Recessions sparked by problems in the financial markets are widely recognised as being deeper and more prolonged than other downturns. And this certainly seems to be the case with the financial crash and the fall of Lehman Brothers 10 [...]
New mortgages hit 10-year high as lending activity grows September 11, 2018 Mortgage lending picked up in the second quarter of the year, with new commitments hitting their highest level in more than a decade amid a bump in the number of first-time buyers coming onto the property market. Read more: London house prices set to hit lowest growth levels since financial crash The value of new [...]
Property supply sinks as hot summer distracts hopeful buyers September 10, 2018 The number of houses being put up for sale tumbled for the third consecutive month in August, in a sign that the summer’s bumper hot weather has distracted buyers from the UK property market. Newly-listed houses dropped below 62,000 last month, marking the lowest level since the start of 2018, according to online estate agents [...]
First-time buyers swoop in during summer lull August 30, 2018 First-time buyers jumping onto the property ladder rose to an eight-month high in July, as hopeful homeowners took advantage of the housing market’s traditional summer slump. Roughly 30 per cent of all house sales were made to first-time buyers in July, rising from 23 per cent in the same month last year, according to new [...]
The Zone Two slump: Prime property prices tumble in London’s fringes August 28, 2018 Expensive homes on the outskirts of central London have suffered significant price drops over the last 12 months, as buyers and sellers decide to stay put amid growing political uncertainty. House prices for prime properties in Zone Two areas such as Fulham and Putney have tumbled 5.3 per cent and 3.9 per cent respectively in the [...]