Economics

"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.

"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...

"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...

Chancellor Sunak has promised to cut taxes, not raise them in the coming years. But the country's biggest house-builders will have profits taxed 4% to help pay for the cladding scandal.

Every UK region has seen double-digit growth in property transactions volumes compared to pre-pandemic 2019, says TwentyCi. Nearly a million households are about to move home or have recently done so.

Over the last thirty odd years the general direction of property of all sorts has been up, but we could be heading into a different world that may not be so benign, writes Property Vision co-founder Charlie…

The proportion of homes and properties at risk of flooding in Kensington & Chelsea is likely to rise from 4% now to 13% within our lifetimes, warns a new report.

Agencies, analysts and commentators share their thoughts on the latest ONS stats, released this week, which showed the fastest price growth the capital has seen since 2016.

London property remains overvalued, says UBS, but the UK capital is near the bottom of the bubble-risk table this year.

The number of £1m+ homes outside of London grew by 95,500 in the 18 months to June 2021, while in London, they rose by less than a fifth of that figure.

A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…

"We’re more likely to see a continuation of modest price growth, such as we’ve witnessed during the last five years, rather than a boom followed by a bust," says Hamptons, as it forecasts the start…