Economics
Number of £1m+ homes ‘to more than triple’ by 2030
The number of UK properties worth at least £1m is expected "to more than triple between now and 2030", says Santander Mortgages, rising from under 500,000 today to over 1.6 million in 15 years' time.
Global economic growth prospects ‘have practically flatlined’ – OECD
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Ou…
Treasure Island: Why we should leave this Euro quagmire to the Europhiles
Don't listen to ‘Project Fear’, says Trevor Abrahmsohn, we will do very nicely outside of Europe...
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The Homes Front: Problems & policies of the UK housing market
Charging Capital Gains Tax on homes would be a significant improvement on the current stamp duty regime, argues the National Institute of Economic & Social Research's Dr Angus Armstrong in a thorough a…
UK stamp duty revenues suffer as Osborne throttles the golden goose
With the Institute for Fiscal Studies now warning that the Government will struggle to meet its target of balancing the books by 2019-20, Knight Frank has taken a proper look at how the new stamp duty re…
Hands Off Buy-to-Let: Has the BoE been reading too many Daily Mail headlines?
The vast majority of buy-to-let investors are in for the long term, are big net contributors to both the national and local economies, and are right to feel a somewhat opportunist target, says Ed Mead..
Scotland’s LBTT raises £34m less than predicted
Strutt & Parker has come out swinging against Scotland's Land & Building Transaction Tax, after the controversial new levy raised £34m less than predicted in the nine months to December.
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Westminster generating over half of UK ATED receipts
Annual Tax on Enveloped Dwellings (ATED) receipts were up £16m (16%) last year, with properties in Westminster generating over half the entire haul.
Global house prices ‘continue to march slowly upwards’ – IMF
The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters
Behind the Numbers: Mortgage lending is actually still 46% down on pre-crash levels
Last week's Council of Mortgage Lenders numbers (reported here) show that gross mortgage lending for the UK is, overall, on the rise.
All the property in the world is worth $217 trillion – Savills
"The entire developed property universe" is worth roughly US$217tr, with residential real estate accounting for the lion's share, according to some sums by Savills; that's around 2.7
Brexit Wounds: What an EU Referendum means for the UK property industry
A British exit from the European Union poses a significant threat to the UK's property industry - and particularly the high-value residential sector - says Carter Jonas, after discovering that 65% of …