The Market
Property is now “considerably more affordable than in 2008 ” – Countrywide
House prices in real terms - after 14% inflation has been taken into account - are lower than in 2008 in all parts of England outside London, according to some research by Countrywide plc.
Prices slow but transaction levels rise 15%, with 18 registered buyers per property
Average house prices slipped a smidge last month, dropping 0.2% compared to September according to the latest Land Registry data set. But that still leaves prices up 3.1% on the year.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
House prices to rise by 5.7% next year as bubble-talk splits opinion – Reuters
House prices will carry on upwards over the next two years, but it's anyone's guess as to whether the Bank of England can "restrain the market if it overheats", according to a poll of 22 top economists…
Winkworth bullish on transaction levels and suburban prices in 2014
Winkworth has revealed what it sees in the property market's tea leaves for next year.
Battersea Power Station penthouses to go for £25-30m
SP Setia is apparently planning to flog the penthouses at Battersea Power Station for up to £30m.
Gazumping and price hikes in South Ken as stock levels plummet
£1.4 billion-worth of residential property has been sold in South Kensington alone this year, according to Winkworth, with international buyers flooding the market "even more so than in previous years".
More properties could be eligible for HS2 compensation – Knight Frank
Knight Frank is advising property owners concerned about the implications of yesterday's HS2 Environmental Statement not to panic.
Ripple in Action: How Cambridge beat the blues
Few locations illustrate this (and last) year's buzz-phrase better than Cambridge.
Super-prime on the rise as London’s £10m+ market blossoms
The last three months have been the best yet for Knight Frank's super-prime team, with more new buyers looking for £10m+ homes than ever before, and the average price of the top-end's top end climbing…
Housing optimism hits new (but not that high) heights
Consumers' perceptions of the UK property market continue to get ever-more rosy - but are still generally morose - according to the latest sentiment survey from Lloyds Bank.
Required Reading: UK Capital Gains tax for non-residents?
There has been recent speculation that non-residents might have to start paying UK capital gains tax (CGT) on their UK property...