The Market
‘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…
Scotland hikes LBTT for second homes in line with SDLT
John Swinney has followed George Osborne's lead, announcing a 3% increase in the Land and Buildings Transaction Tax rate for additional properties in Scotland, such as buy-to-let and second homes.
New-build French château becomes ‘the world’s most expensive home’
It's been reported that a monumental château outside Paris has just sold for $301m (about £200m), which would effectively smash the current world record.
Agency reports surge in landlords looking to incorporate
Benham & Reeves has reported a wave of landlords approaching the firm about putting their property portfolio into a limited company in the wake of double whammy changes to mortgage relief and stamp duty.
Infography: How house prices have changed since 1995
As you may have noticed, house prices have gone up a bit in the last 20 or so years.
‘Signs of recovery are looking good’ as applicant numbers surge – D&G
London's sales and lettings markets are beginning to look healthier, says Douglas & Gordon, as the firm reports that its sales applicant numbers are 50% up on last year's levels, and that it has seen…
Has this man just come up with a way to ease the housing crisis?
Despite sitting on a giant war chest of institutional investment, the Build to Rent sector is finding it practically impossible to acquire suitable sites at the moment.
Buy-to-let SDLT surcharge ‘equivalent to 11 months income’ for landlords
The new 3% stamp duty surcharge on second homes and buy-to-lets "would be the equivalent to 11 months income for the average mortgaged landlord" says Countrywide Plc.
Developer hit with record £700k planning fine
The biggest planning fine in history has reportedly been handed down to a private developer after a six-storey block of flats went up in Hoxton without permission.
(Empty) Miami Beach plot goes for £25m
One of the last undeveloped plots on Miami Beach has just been sold for an incredible $38.5m (£25.3m).
At A Glance: How the micro-markets of London have performed this year
This handy top-line comparison of the capital's key neighbourhoods deserves to be made into some kind of poster.
Smallest December asking price dip since 2006
Rightmove's latest monthly check has shown a 1.1% dip in the asking prices of new properties being listed across England & Wales, the lowest December fall seen since 2006.