The Market
‘The cost of owning a home is still favourable compared to renting and is likely to stay that way’
Capital Economics assesses the comparative advantage of buying a home over renting
A delicate balancing act: Lucian Cook presents the case for Stamp Duty reform
There's been a lot of talk about Stamp Duty switches and tinkering in recent weeks - amped-up by some mixed-messaging from the Chancellor over the weekend.
London & South East no longer dragging on national house price growth
'The house price recovery that began in the spring has been sustained', according to the latest update from LSL & Acadata, reporting a 'turnaround' in the southern regions...
‘Pre-Brexit buying spree’ bolsters asking prices, but more properties are stuck in a legal log-jam
Rightmove's index indicates a "pre-Brexit buying spree" as agreed sales jump up by 6.1%
Proportion of overseas buyers in PCL falls below 50%
Foreign purchasers accounted for 44% of transactions in London's most expensive neighbourhoods during H1, down from 58% in 2018, as global economic and political factors impacted on demand...
Chancellor announces £600m housing boost
New funding will "unlock" five development sites in London, Central Bedfordshire and Essex by enabling infrastructure works
Stamp duty theatrics descend into farce
Sajid Javid distances himself from the idea of switching the stamp duty tax burden from buyers to sellers, after commentators accuse the new Chancellor of 'killing the property market'
‘Billionaire’s Strip’: £1.3bn building boom underway on Belgravia’s ‘undervalued’ eastern flank
Some of the world's richest individuals have been finding value in East Belgravia of late, notes Beauchamp Estates, triggering a wave of super-prime development that's likely to elevate the area in years…
Mortgage approvals drop as home-movers sit tight
3.6% fewer home-mover mortgages were approved in June compared to the same month last year, according to the latest update from trade body UK Finance
Scotland’s country house market slips for the first time in two years
Knight Frank flags up a change in direction for price growth over the border, along with a big fall in the number of high-end instructions
Battersea Power Station sales ‘are running at £10 million a month’
SW London's £9bn development project seems to be getting back on track, as sales volumes and values climb back to 2017 levels
London’s property downturn has now lasted longer than during the Global Financial Crisis
Annual house price growth in London has been in negative territory for 16 consecutive months, according to the official UK HPI.