Economics
GBI chief: ‘The property sector is overwhelmingly a force for good’
In an impassioned defence of the property industry, James Raynor calls on the Government to ‘recognise that real estate is central to its plans for recovery, decarbonisation and levelling up’ as lockdown…
Property is one of Britain’s two most pandemic-resilient industries
Just one in five industries has been officially classified as "resilient" through the Coronavirus pandemic.
Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom…
SDLT receipts dip just 6% despite Stamp Duty holiday
HMRC brought in £775m in Stamp Duty receipts in the year to February 2021, £49m less than the £824m recorded in February 2020.
Total UK housing value climbs to a record £7.56 trillion high
The total value of the UK’s housing stock has escalated to £7.56 trillion, rising by £380 million in 2020 despite the pandemic and global economic uncertainty.
One year on: Five emerging trends that will shape post-pandemic cities
While we cannot be certain what new normal will emerge in our cities, the acceleration of several emerging trends over the last year has helped to elucidate the general direction of travel, writes Ciaran…
FT: The problem with the UK house price index
Valentina Romei explains the pros and cons of the UK's various housing market indices - and how to read them - in this useful guide for the Financial Times.
‘London remains a gold standard’: The outlook for Chinese property investment in the UK
Post-Brexit 2021 UK-China Property Investment Outlook: Where, what and why are Chinese HNWIs and investors buying and developing in the UK property market?
London’s high-end homebuyers ‘paid 12% of the stamp duty owed across England last year’
The 675 £3m+ deals recorded in the capital in 2020 generated a combined total of £368.6m in stamp duty, according to research by Enness Global.
PCL set to ‘rebound strongly’, says Savills, as it upgrades prime & mainstream property price forecasts
“Prime Central London offers a real buying opportunity" this year, says Savills, as it predicts >20% price growth over the next five years.
Analysts & commentators revisit forecasts as market continues to defy gravity
The UK housing market will continue to defy predictions of a slump, says Bloomberg Intelligence, but the longer-term outlook 'remains uncertain'.
OBR upgrades property market forecasts
The Office for Budget Responsibility is rather more bullish on house price inflation and transaction numbers than in November...