The Market
Vendors bearing the brunt of extra stamp duty costs – LonRes
With 83% of agents in its autumn survey reporting that changes to stamp duty have had a detrimental effect on their local markets, and a net balance of respondents noting falling levels of activity…
Bubble Watch: A field guide to the world’s most over-valued property markets
The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent risk of price drops in key global hubs.
Introduction
Insurers call for traffic-light flood risk info on all property ads
The Association of British Insurers has called for a traffic light system to be introduced on property adverts and particulars to clearly display the potential flood risk.
Apprentice star’s agency opens fourth office in four years
Jamie Lester's Haus Properties is launching another office in leafy Fulham, taking its tally of branches in the capital to four.
Carrington on Q3: A vendor should not expect to see a 10% annual appreciation on their asset any more
The old argument of prevailing market conditions just being the natural forces of supply and demand doesn’t wash when the outlier that is the massive influx of overseas investment tips rising house prices…
Uh Oh We’re In Bubble: London is the most over-valued city in the world – UBS
Property prices in London and other global financial centres "are now, in many cases, fundamentally unjustified," says UBS. "The risk of a real estate bubble in these cities has risen sharply."
Supply levels rise as demand wanes in the prime London lettings market
The summer months are traditionally the most active for the lettings market of prime London and 2015 was no exception, notes LonRes in its Autumn Review.
78% of prime London agents think vendors are ‘being unrealistic’ about asking prices
The impact of changes to SDLT made at the end of 2014 "continue to be felt" across the prime central London resi market, notes LonRes in its Autumn Review, a situation exacerbated by increased uncertainty…
Resi conversions up 40% in Q2
Q2 saw a 40% leap in the number of properties converted from office, retail, and agricultural use and into resi across England.
The Rise of Rent: On Build to Rent and the power of small landlords
Build to Rent may be the billion-pound future of investment in the UK's private rental sector, says Hamptons International, but small landlords (with fewer than five rental units) are the backbone of…
IMF Global Housing Watch: House prices ‘continue a slow recovery’
House prices around the globe "continue a slow recovery," according to the International Monetary Fund's latest quarterly stats.
How to achieve guide price in a buyers’ market
In what is seen by many as a buyers’ market, it can seem like a tough challenge to achieve the guide price.