UK house price growth halves
Annual inflation across the nation is now at its lowest ebb since September 2012, according to the UK HPI, as regional markets in the North East, London & the South East continue to suffer
The effects of tax and regulation on the buy-to-let market, three years on
The 3% SDLT surcharge and the reduction of mortgage interest tax relief have changed the shape of the buy-to-let market
‘These houses cost an arm, leg & lung’: Air pollution tool encourages London house-hunters to cut property prices
Londoners are being urged to use air pollution data to drive down house prices and rents; “this is going to be industry standard”, says the NAEA’s chief
UK housing market ‘performing quite well’, despite static prices and depressed sales volumes
Mortgage approvals have risen slightly, new buyer enquiries have edged up, and first time buyers are active, note LSL & Acadata, but prices are still falling in real terms across England & Wales…
Housing Minister Esther McVey’s first speech, in full
“You don’t come into politics as a woman to do ‘housework’,” said the ninth Housing Minister in nine years, in an oddly-judged riff during her maiden public address, “but when the Prime Minister asks you to do so on behalf of your country you make an exception!”
Autumn sales market bounce ‘could be missed altogether’ as buyers continue to hesitate
Asking prices fail to rise in September for the first time in eight years, reports Rightmove
Agent over-valuations ‘derail’ property sales, warns portal
Over-valued homes in London take an average of two months longer to sell than a fairly-priced comparable, says Zoopla
May The Force Be With You: On political turmoil & the autumn market
It is now clear that London’s autumn market will be entirely dominated by political interference, write Sophie & Richard Rogerson – and vendors are likely to remain extremely cautious about listing their properties in the current climate…
‘Ominous’ signs for the lettings market as the ‘never-ending Brexit saga’ curbs sales – RICS
There’s a “consistent imbalance” between tenant demand and rental supply, warn surveyors, while Brexit-based uncertainty is continuing to thwart activity in the sales market
Is now the right time to buy in London?
There’s been “no crash, no fire sales and no mass exodus from London”, despite three years of catastrophising by “so-called ‘experts'”, writes Islay Robinson, CEO of global mortgage firm Enness. Here he talks us through the economic and financial factors that may sway a discretionary property buying decision in the capital…
Property market stalls on Friday 13th as homebuyers get the heebie jeebies
Completions typically tank by 40% whenever the dreaded date comes round, according to new analysis of Land Registry data
Price corrections boost prime London buying activity
Cluttons saw a 30% jump in new buyer enquiries from Q1 to Q2 this year – but has downgraded its price forecasts in Prime Central London