Economics
‘Drastic changes’ needed ‘to fix Britain’s broken housing market’ – NAEA & ARLA
"The news is bleak" says the Association of Residential Letting Agents (ARLA) and National Association of Estate Agents (NAEA) as it forecasts that home ownership will fall by 7% in the coming decade …
Global Construction Costs Compared: London prices ‘beginning to threaten the viability’ of projects
New York, London and Hong Kong are the most expensive locations for construction in the world, with cost premiums of between 40% and 60% compared with many European cities, and a "severe construction …
Galliard boss: Latest SDLT rise ‘a tax on London’s housebuilding industry’
Just days after the boss of Berkeley Group warned of 'unintended consequences', the CEO of Galliard Homes - London's second biggest housebuilder - has also come out swinging against the Chancellor's lat…
Global house prices ‘step up a gear’ as all eyes turn to the Fed
Knight Frank's Global House Price Index increased by 2.7% in the year to September 2015, as five of the 55 tracked countries posted double-digit growth and the pace of China's decline slowed
Autumn Statement: New higher SDLT rate for buy-to-let and second homes
George Osborne's third pop at the country's finances this year saw housing - or the "crisis of home ownership" - near the top of the bill
Autumn Statement: Prime property industry reactions
A 3% increase the rate of stamp duty on buy-to-let and second homes, and a chunky pledge of extra funding for new housebuilding have set tongues wagging in the aftermath of the combined Autumn Statement …
Time for Consolidation: An Autumn Statement wishlist from Belgravia
As the government’s Spending Review and Autumn Statement looms large, James Bailey of Henry & James reveals his property wish list.
UK house prices rise 6.1% as North-South divide deepens
UK average house prices increased by 6.1% in the year to September 2015, up from 5.
Housing supply jumps 25% as new-builds and conversions soar – HMRC
170,690 new homes were added to England's total housing supply in 2014-15, representing a massive 25% increase in net additional dwellings from 2013-14, according to the latest from HMRC.
Interest rates to stay low for longer – BoE
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 8-1 to keep the Bank Rate at a deeply low 0.5%,
‘This is a tax raid’: High earners should check pension plans before this month’s Spending Review
Britain’s higher earners should consider reviewing their pension tax relief strategy “sooner rather than later”, warns deVere Group's CEO Nigel Green, as Chancellor George prepares to wield a sharp imple…
Bubble Watch: London’s property market is approaching ‘exuberant’ critical value
Deutsche Bank recently called time on London's property boom, and UBS has named the capital as the most over-valued property market in the world, at severe risk of bubbling.