The Market
BTL investors look north in search of returns
8,279 properties were sold to landlords with buy-to-let mortgages in northwestern England last year, according to Savills, putting the region ahead of London (8,263 sales) and the South East (8,009) in…
London’s property ‘flippers’ forced to sell at a loss
The FT reports on investors being caught out in the capital's off-plan market...
Surveying the shape of Britain’s development finance market in 2019
'If the figures add up, there is finance available', says Enness Group's CEO Islay Robinson - despite current economic uncertainty and the UK's development finance scene having seen some big shifts in…
Home-mover & buy-to-let lending falls as remortgaging booms
10.8% more homeowner remortgages were completed in 2018 than in 2017, says UK Finance, while 11.5% fewer new buy-to-let and 1.9% fewer new home-mover mortgages went through.
Westminster’s ‘voluntary mansion tax’ brings in over £600k
'The hundreds of thousands of pounds being allocated today shows that wealthy householders do care', says council, nearly a year after launching its 'ground-breaking' tax experiment
Proportion of international buyers in PCL hits six-year high
57% of the homes sold in London's priciest postcodes during H2 2018 went to overseas purchasers, reports Hamptons International, the highest level recorded since H2 2012;
Street Views: International buyers in Prime Central London
The proportion of overseas purchasers in PCL is at a six-year high, according to new research out today, accounting for over half of the homes sold in the capital's top postcodes.
‘Buyer affordability is on the rise at the fastest rate in nearly eight years’ – Rightmove
The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.
These maps show how tricky it is to measure inequality in local areas across England
In the UK, people often think about inequality in geographical terms: for example, places such as Kensington in London are considered 'rich', while Blackpool in Lancashire is considered 'poor'.
Taxing the profit made by selling a primary residence makes sense
"This will be hugely politically unpopular, until it becomes obvious that the housing market is entrenching intergenerational inequality and ossifying the economy"
Prime London rents show ‘early signs of bottoming out’
Rental values in the capital's prime resi markets have fallen by an average of 9.
Ranked: Britain’s fastest & slowest areas for property price inflation in 2018
The Forest of Dean saw average prices rise by 11% last year, according to official statistics, while the City of London saw prices drop by 7.1%...