Parliament prolongs political & economic uncertainty
House of Commons vote delivers no clarity on Brexit; uncertainty is the property market’s ‘new normal’ says top-end estate agent
The total value of London’s housing stock has fallen for the first time since 2009
The total value of UK residences climbed by 2.7% – or £190bn – in 2018, says Savills, but London saw a 1.5% drop; all the homes in Britain are now worth £7.29 trillion.
Britain ‘set for worst decade of housebuilding since WW2’
Housebuilding numbers have fallen in every decade since the Second World War, and the 2010s are set to continue to the downward trend – despite a rising population.
PCL Property: The world’s best performing risk-adjusted asset class
Equity fund manager-turned-buying agent Fraser Slater explores how Prime Central London property has performed over the last two decades from a professional investor’s perspective…
Empty homes in the UK: The true picture
Jan Ambrose, Editor of the residential section of the RICS’ Property Journal, explores the data behind empty homes headlines, and asks what can be done to deal with long-term vacant properties
Luxury price inflation is more than double the mainstream rate, says Coutts
Prices for high-end products and services have risen by 5.9% in the last 12 months, reports the Queen’s bank
‘The Great Moderation’: Knight Frank predicts a convergence of price growth across global prime property markets
“More muted growth is the main story” behind Knight Frank’s 2019 forecast for the world’s key luxury property markets
BoE paints gloomy picture of no-deal scenario, with house prices plunging by nearly a third
UK could face worst economic slump since WWII in the event of a ‘disorderly’ no-deal scenario, according to the Bank of England’s latest analysis; 30% fall in house prices is ‘unrealistic’, argue property experts, accusing Governor Carney of ‘scaremongering’
The new ‘Urban Dorset’ could ‘rival Bristol’s economy’
The forthcoming merger of Bournemouth, Christchurch and Poole councils presents some big opportunities for property types, says Savills
There are 211 fewer estate agency branches on the high street than in January
Pubs, electrical shops and estate agencies have seen the biggest declines as high street businesses struggle, according to new data
‘90,000 homes are just the beginning,’ says HS2 Chairman
Local housebuilding and regeneration plans along the new 345-mile high-speed rail link have the potential “to rebalance Britain, closing the North-South divide for good”
Crazy Rich ASEANs: How socioeconomic shifts in South East Asia are driving investment to London
The explosion of the ASEAN middle class is good news for European markets, says Chris Dietz, and savvy property advisors and agents are developing their offerings to service this ever-important investor group…