Annual house price growth climbs to +12.8% – UK HPI
The latest official house price index tells of a 1.2% monthly increase for the average UK home in May, up from a 0.4% rise in the same period last year.
After two years of unprecedented growth, it looks like house price inflation is losing momentum.
London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)
London property prices jumped by 2.2% in February, as the national annual rate of house price inflation climbed to +10.9%.
The Prime Minister and Chancellor will announce a reduction in property transaction taxes on Friday, suggests The Times.
After 24 years at Foxtons, Bennett has taken the helm of Beauchamp Estates’ high-profile sales team in Mayfair.
Luxurious AvroKO-designed apartments promise 'the best of hotel living all year round'.
Chelsea-based firm has operated in the luxury property sector since 2013, delivering around 140 projects.
It's being reported that Friday's "emergency mini-Budget" will feature a cut to Stamp Duty. Is this wise, and what impact might such a move have on the property market and on the wider UK economy?
Commission-only property brokerage Nest Seekers is offering a three-month placement to the winner of a new BBC Three show.
The new barometer of luxury is health, says PCL developer Almacantar.
A surprisingly mixed set of responses from the property sector, featuring insights from Savills, Knight Frank, Rightmove, Maskells, Cluttons, Jackson-Stops, JLL, Winkworth, Carter Jonas, Chestertons, …
The nil-rate Stamp Duty threshold has been doubled to £250k, effective from today.
'How these instructions translate into sales will provide a good barometer for the wider health of the market in the months ahead', says LonRes.
Since 2008, renovations and alterations to residential properties that have been empty for at least two years are eligible for a reduced VAT rate of 5%, writes Nick Cunningham of Stacks Property Search.