Luxury lifestyle prices are rising twice as fast as mainstream consumer inflation
Coutts bank’s measure of luxury price inflation has risen by 4.7% a year since 2016; twice the rate of the mainstream Consumer Prices Index
Buying agency shares seven-point property policy manifesto
Stacks outlines seven property sector policies that it would like championed by the next Government.
Resi developers are returning to Prime Central London
Average development land values in PCL were flat for the second quarter in a row in Q3, which hasn’t happened since 2015…
Lib Dems pledge 500% council tax hike on empty homes
Party would allow councils to crank up taxes on vacant properties after six months
‘Remarkably resilient’ UK housing market continues to mark time
Prices rose for the second month in a row in October, report LSL & Acadata, but not by enough to turn the annual figure positive
‘A clear swing towards hesitation for prospective sellers’ as new listings slump by 15%
Rightmove has just recorded the largest year-on-year slump in new property listings since August 2009, with 15% fewer homes listed for sale this month compared to the same period in 2018.
Pryor Predicts: How next month’s General Election might affect house prices in 2020
A Conservative majority is the only scenario that will lead to positive house price growth in 2020, predicts buying agent and market pundit Henry Pryor
Tories promise business tax cuts
Boris Johnson promises to deliver a “£1 billion boost to business” by trimming four taxes. But a previously-mooted cut to Corporation Tax will not happen.
Mansions now 40% off in ‘all-star bargain’ St George’s Hill
Buying agency looks at where domestic and overseas purchasers can get the biggest bang for their buck…
New housing supply hits a 30-year high
9% more homes were added to England’s total housing stock in the 12 months to March 2019 than in previous year. 241,130 is the highest number of new homes since official records began in 1991-92.
Westminster approves its 20-year ‘blueprint for development’
Westminster City Council has voted to approve its new “City Plan 2019-2040”
New-build buyers retain love for period style
Over three-quarters of UK adults would want to see period style features in their new-build home, according to research by Jackson-Stops, with bay windows, grand fireplaces, country kitchens and high ceilings topping the list…