The Market
London property price inflation sinks to its lowest level since 2009
The average property price in London has fallen by 4.4% in the last year, according to May's official UK House Price Index; that's the most negative rate since August 2009
On the merits of switching the stamp duty burden
The Tory leadership hopeful's 'innovative' idea of sharing the SDLT burden between buyers and sellers could turn out to be a mixed blessing, says Trevor Abrahmsohn, but any genuine stimulus is more than…
Exchange volumes and new instructions rise across the UK
TwentyCi records a 6% uplift in the number of exchanges, and a 2% rise in new instructions, as confidence 'strengthens'; online agency market share continues to hover around the 7% mark...
Remortgaging jumps by 20%
The increase in May's remortgaging activity is in line with the initial fixed rate period of mortgages coming to an end, says UK Finance
BoJo considers Stamp Duty liability switch to vendors
Stamp Duty should be paid by sellers, not buyers, says Prime Minister-in-waiting Boris Johnson
New leasehold sales tumble
The proportion of new homes sold as leaseholds has fallen from a peak of 15.1% in 2016, to just 4.2% in 2018
‘There is a relatively high risk that the UK will experience a recession in the next few years’
Britain's recession-risk has reached a ten-year high, warns The Resolution Foundation; levels last seen in 2007, just before the global financial crash...
Bloomberg rolls out a ‘Housing Bubble Dashboard’
Canada, New Zealand, Australia, Norway, Sweden and the UK are all 'vulnerable economies to a correction in house prices', warns Bloomberg
Summer’s ‘meandering’ market ‘remains fragile’ – Garrington
The July monthly market video update from buying agency Garrington sees research face Catherine King talk about sunny days, Wimbledon winnings and down-sizing.
Asking prices drop for the first time this year as properties stick on the market
'Key metrics indicate a buyers’ market in the second half of 2019,' says Rightmove, as the portal notes 'tentative signs of the market bottoming out' in London
University cities out-perform the rest of the property market
House prices in the world's top 50 university cities grew by an average of 66% between 2009 and 2018, compared to a national average growth of 40%
Greedy fingers are wanting too big a slice of the property pie
Seasoned buying agent Simon Barnes reports on a worrying trend in the PCL market...