This is what will happen to house prices in 2017 December 14, 2016 How will the UK's favourite asset fare in 2017? It's safe to say that the Brexit vote has not caused the immediate and catastrophic housing crash that former chancellor George Osborne was predicting before the referendum. But the outlook for property next year is not particularly rosy. Liberum analysts are expecting house prices to fall [...]
Mapped: Experts analysed 120 years of housing data to show how 14 of London’s boroughs have changed December 9, 2016 Each of London's 32 boroughs has its own unique history, and now you can see how housing changed for 14 of them over the past century. Property consultancy Knight Frank today launched an interactive report that uses 120 years of London housing to study how the areas have changed over time. The case studies detail the history of each [...]
Property market predictions 2017: From Brexit to tenant fee bans, we’ve asked London’s biggest real estate agents to look into their crystal balls December 8, 2016 2017 will see the rise of Build-to-Rent in London Mark Collins, chairman at CBRE Residential Throughout 2017, I hope that SME developers continue to be championed and encouraged by local government, as these housebuilders will play a major role in alleviating the housing crisis. Access to land and financial support as well as flexible planning systems [...]
New Builds: On the market this week, from the Manhattan-inspired towers in Canary Wharf to hipster pads in Hackney December 8, 2016 Manhattan Plaza, Tower Hamlets From £550,000 Enjoy views of Canary Wharf’s rapidly rising skyline from the tower of a new development that’s less than a ten minute walk from all the shopping and nightlife it has to offer. The Canary Wharf and City View Collection, the third phase to go on sale at Manhattan Plaza, [...]
Here are Bill Gates’ five favourite books of 2016 December 6, 2016 Bill Gates is nothing, if not reliable. In recent years, the turning of the seasons have been marked by many with the release of the Microsoft founder's latest Best Books list. And lo, Winter 2016's list came to pass. Gates' Favourite Books of 2016 lists five titles, from a collection of essays on tennis to [...]
This is how far house prices in Chelsea have fallen this year December 6, 2016 House prices in Chelsea just keep falling. As George Osborne's stamp duty reforms and the Brexit vote continue to hammer the market, prices on high-end homes in Chelsea fell 13 per cent in the year to November. Read more: House prices are already shooting up along the Elizabeth line The figures from Knight Frank show that [...]
The super prime rental market in the Home Counties is booming on the back of stamp duty changes November 30, 2016 London's luxury property market has been suffering after the government increased stamp duty on high-end homes – but the rental market is booming in the Home Counties on the back of the decision. According to research by Knight Frank, the number of tenant viewings for super prime properties – homes worth over £15,000 per month – has doubled year-on-year [...]
People are pretty confident UK house prices rose this month November 18, 2016 Forget the slightly precarious economic situation both at home and across the pond – UK households are fairly confident the price of their properties have risen this month, new research has suggested. Knight Frank's house price sentiment index was at 55.3 points in November – suggesting the overall view is that prices were up during [...]
Why new rules for your buy to let mortgage could be in the pipeline, as Bank of England handed new powers by Treasury November 16, 2016 The government is to hand the Bank of England’s Financial Policy Committee (FPC) new powers to better regulate the buy to let market. The new abilities, which are intended to help better protect the financial system from any wobbles in the buy to let market, will allow the FPC to direct the Prudential Regulation Authority and Financial [...]
There’s been a huge spike in Americans searching for London property since the US election November 11, 2016 Remember when searches for Irish passports broke the Irish embassy website after Brexit? Well, it seems anti-Trump Americans have set their sights rather further – after property portal Zoopla reported a 45 per cent spike in traffic to its website from the US in the hours after the Presidential election result was announced. According to [...]