The Market
Government launches green mortgage strategy to cut household emissions
The Government's new Green Finance Strategy promises reductions to homeowners mortgage rates, household bills - and emissions.
‘Dramatic’ CGT change could impact the resi market, warns law firm
Second home owners, landlords and property investors will have much less time to pay their tax bills as of April next year, notes Royds Withy King, and many may well be tempted to offload any surplus…
Online firms lose ground to high street agents
The UK's top ten online players accounted for less than 4% of all new properties listed in the last fortnight, notes The Advisory
Boris plots emergency Budget to ‘slash stamp duty’
Controversial Prime Ministerial hopeful Boris Johnson would instigate 'aggressive tax cuts, an overhaul of stamp duty and an assault on regulation' in a bid to mitigate effects of a no-deal Brexit, reports…
£1m+ property sales stall after a decade of growth
Just 1% more £1m+ homes were sold in 2018 compared to 2017, ending a ten-year run of growth that saw the number of seven-figure deals escalate by 194%
Market Snapshot: Belgravia bears up amid Brexit challenges
Buyers baulking at the prices in Mayfair and Knightsbridge are seeing a 'good value proposition' in neighbouring Belgravia, reports longstanding local agency Best Gapp, with some notable short-lease activity...
Leaseholds axed for new-build homes
All new-build houses will have to be sold as freehold, following a self-declared 'bold move' by the Government
73% of buy-to-let investors still think the sector is the best long-term investment
83% of investors say it is either unlikely or very unlikely that they will sell their buy-to-let property within the next year, with the majority (58%) staying put for five years
Charting the price of a top 1% home across the UK
'The difference in the cost of the top 1% of homes by region just might come as a surprise,' says Savills' research chief Lucian Cook
Price reductions plummet as London market ‘starts moving again’
'This has been the most encouraging start to the year we’ve witnessed since the EU referendum result', says Chestertons boss Guy Gittins, but there's still no sign of a pick-up in supply levels...
Property prices in UK cities have risen by an average of 1.8% in the last year
Housing affordability has improved a bit in the UK's three most expensive cities, reports Zoopla, but getting on the first rung of the housing ladder is still out-of-reach for most
Supply & demand bounce back, but 81% of properties are still selling below asking
'It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,' says NAEA chief