Economics
Abrahmsohn: What effect will ‘Trussonomics’ have on resi property?
Unless the economic scene changes dramatically, a cataclysmic collapse in property values is unlikely, says the Glentree boss.
HSBC warns of a looming house price crash
Another influential team of analysts expects a sharp downturn for Britain's property market, with London house prices likely to fall 15%.
‘We keep waiting for house prices to plateau, but it’s just not happening’
London estate agency Benham & Reeves expects house prices to rise by another 5% before the end of the year.
London property prices set to fall 12% in the next two years, but the top-end seems resilient – Capital Economics
Prime Central London will “continue to outperform” the wider London and national UK property markets, says Capital Economics, as it issues another set of downbeat forecasts.
Stamp Duty rebates could encourage greener homes, suggests think tank
A programme of “behavioural nudges and incentives for collective action” – including property tax rebates – could promote the uptake of energy efficient tech across Britain’s housing stock, says…
‘The market is splintering,’ warns buying agency as buyers show ‘a heightened sense of caution’
"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…
Newton’s third law & the outlook for property
In the next few months many people will be faced with tough choices, says James Wyatt - now is the time to prepare.
Opinion: Is luxury real estate a recession-proof asset?
"Real estate is more recession-proof than other assets, especially when it comes to luxury homes," argues Mickey Alam Khan, the New York-based president of Luxury Portfolio International.
Another top agency cuts Prime Central London property price forecasts
Strutt & Parker now expects PCL property prices to end this year 2-5% higher than they started it, having predicted 5-10% growth through 2022 just a few months ago.
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
Bank of England turns gloomier as base rate rises to 1.75%; how will the housing market respond, asks Tom Bill
Economists question the Bank’s latest forecasts while the direction of travel for mortgage costs is less open to debate, writes Knight Frank's head of UK residential research.
Bank of England bumps interest rates up 0.5% to 1.75%; warns of a recession by the end of the year
Today's rate rise is the biggest increase in 27 years, and comes as the BoE warns that the UK will be in a long recession by the end of this year.