Company Tag: London Central Portfolio
How George Osborne ‘wrought havoc’ on the resi property market
Ahead of Spreadsheet Phil's big day, London Central Portfolio collates the latest SDLT statistics to argue why the government's recent programme of tax reforms has been both 'ill-conceived and ineffective',…
PCL deal drought continues as transactions sink to ‘all-time low’
Just 3,606 sales (excluding new-build) recorded over the last 12 months in Prime Central London, which works out as fewer than 70 a week
‘Significant buying opportunity’ in PCL as prices rewind and volumes continue to tumble
With average prices pretty much where they were four years ago and transactions levels at a record low, there is a window before positive sentiment returns and the market rallies, says investment firm …
High-end bargain hunters push PCL price growth into positive territory
"Compelling" price reductions are driving deal numbers at the upper end of the PCL market, reports LCP, effectively skewing the average value...
Stamp duty revenue sinks further as transaction slump takes Government by surprise
Revenue in the four months to July fell to £3.91 billion, reflecting "lower-than-expected residential property transactions and a weaker London housing market"
SDLT receipts slide 13.8% as transactions tank
Latest quarterly stamp duty stats, revealing a drop of almost a third of a billion pounds compared with the same period last year, "must represent a concerning picture for the Exchequer", says LCP
Transaction volumes continue to fall – LCP
A flurry of high-value activity in Prime Central London 'appears to have dissipated', says London Central Portfolio
Transaction numbers tumble by 15%
Deals are down across PCL, Greater London and England & Wales, according to London Central Portfolio's monthly index
Transaction numbers & property prices continue to fall
LCP reports a 21.5% quarterly drop in deal numbers across England & Wales
New-build activity stumbles in central London
New-build starts fell by 25.4% in Inner London in 2017 compared with 2016, while planning permissions dropped by 7.4% and completions by 6.1%
Property prices & transaction volumes slide
New-build sales volumes drop by 14% in Prime Central London, says LCP
Londoners paid four times more stamp duty than the national average last year
The most expensive 10% of properties contributed around 60% of all Stamp Duty receipts last year, reports LCP