Economics
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
End of the Golden Age? UK housing market undergoing ‘structural shift’
JLL forecasts price growth of 2.5% pa for the next five years as UK transitions into 'new paradigm'; PCL to be weakest performing region in 2018...
Why the Bank of England is raising interest rates – & the risks involved
Johan Rewilak, an empirical economist and lecturer at Aston University, explores the reasoning behind the Bank of England's anticipated decision to raise interest rates for the first time in a decade...
SDLT is ‘4x more harmful per pound than income tax and 8x more harmful than VAT’
The UK's property tax system is "strange and inconsistent", according to The Adam Smith Institute.
Asia is now home to more billionaires than the USA
European billionaires are hunkering down; total wealth increased by 5% in 2016, while the number of billionaires in Europe increased by just three to 342.
New home registrations plummet in London
2,494 was the lowest number recorded in a third quarter since 1992
And Other Villains: Why stamp duty is only part of the problem for prime London
Non-Dom taxation, Brexit, tightened mortgage lending, blustering rhetoric...
The ONS’ miscalculation of a crucial labour cost figure could lead to “one or two” extra interest rate hikes
A blunder by the Office for National Statistics (ONS) in which it miscalculated a crucial measure of labour cost inflation could lead to Bank of England policymakers signalling the need for "one or two"…
The Greater Fool: Can Britain really cope with a fall in housing prices?
"The UK may need to wean itself off its property addiction, but it also needs to sustain confidence in the single asset class that counts for almost two thirds of its wealth"
London property is still in ‘bubble risk territory’, warns bank
Toronto has the most overly-inflated property market in the world, says UBS