Economics
House price forecasts turn up
A round-up of forecasts suggests economists are feeling much more positive compared to last month and to last year.
‘Council tax & stamp duty are unpopular, unfair & impractical’: Pressure builds for drastic property tax reform
A former advisor to Rishi Sunak - who also devised the Covid furlough scheme - has come up with 'a practical alternative to replace Stamp Duty & Council Tax'.
‘Shaken not stirred’: Ollie Marshall on why London remains one of the best haven bets out there
PCL house prices have not been tearing up the record books of late, but they are now at far less risk of a sharp recalibration and deleveraging than other markets, explains top buying agent.
Industry Reactions: BoE cuts interest rate to 5%
Property industry insiders express relief at the first base rate reduction in more than four years.
Reeves confirms first Budget date: 30th October 2024
The Chancellor has warned of 'difficult decisions' ahead.
Industry Reactions: Mortgage approvals held steady in June
The latest Bank of England data 'suggest that buyer and seller confidence remain consistent despite recent political changes,' says OnTheMarket chief Jason Tebb.
Will there be a bounce in UK home sales this Autumn?
New sentiment poll sheds more light on the impact of higher finance costs on the market, and the post-summer prospects...
‘Resilience’ abounds as prime property agents anticipate a buoyant Autumn market
Property prices across Prime Central London remain -19% down on their previous peak a decade ago, says Savills, 'suggesting it is still a case of when, and not if, a stronger recovery takes hold.'
Experts warn of ‘reset moment’ as London homes face climate change catastrophe
'Cascading risks' loom for the capital, as escalating extreme weather events mean 'around 43% of London properties are likely to be affected by subsidence by 2030.'
Labour’s First 100 Days: Prime resi leaders share their policy priorities for the new government
Property industry insiders reveal what they would do if they were in charge, from cracking on with planning reform and cutting Stamp Duty to clearing up the Building Safety Act.
HNW property developers & investors are ‘optimistic’ about UK real estate
We're 'past the eye of the storm', says Investec as property developers & investors display 'a clear sense of both growing optimism and activity levels.'
Tax paid by UK non-doms hits six-year high
Labour has pledged to abolish non-dom status 'once and for all'