Company Tag: RICS
60% of London surveyors believe local property is ‘overpriced to some extent’
Buyer demand is continuing to rise while supply conditions "continue to tighten," says the RICS in its July Residential Market Survey.
Construction workloads on the up despite skills shortages
Construction workloads rose in Q2 2015 with 44% more respondents to the RICS' regular survey reporting higher activity levels (up from 37% on the previous quarter), driven by office development and private…
#Budget2015: Prime property industry reactions to BtL, Non Dom and IHT changes
The three big policy announcements for the high-value property industry in today's Emergency Budget were a mixed bag.
RICS to cut valuation from Homebuyers Report?
The RICS is working on plans to introduce a new Homebuyers Report, without the valuation bit.
Pre-election new instructions fell at fastest rate since 2009 – RICS
Pre-election uncertainty saw new instructions fall for the third month in a row, and house prices rise again in all parts of the UK in April, according to the latest from the RICS.
House sales ‘flat line’ as supply drops again – RICS
The volume of sales and of new buyer enquiries "flat lined" in March, says the RICS, as the number of fresh properties hitting the market fell for the second month in a row.
Short supply puts prices back on the rise – except in London
London was the only place in the UK where more surveyors reported price drops than rises in February, with price increases across the rest of the country re-emerging due to the demand supply imbalance,…
‘The short-term confidence outlook is negative’ as January chills – RICS
The RICS has confirmed what everyone else is seeing, reporting that the national and London markets are cooling right down with prices, enquiries and sales all tailing off in January.
FORECAST: Council Tax is next in line for review – RICS
The Royal Institute of Chartered Surveyors thinks that house prices across the UK will rise by 3% in 2015, but that there'll be no change in London.
Compare all the prime property forecasts for 2015 here
SDLT reform to drive a 2-5% sales boost – RICS
George Osborne's overhaul of the Stamp Duty system, creating a progressive regime that delivers savings to all but the top 2% of home buyers, "has the potential to trigger a material shift in market sentiment…
SDLT reform ‘overdue’ but will buyers at the top end ‘eventually take it on the chin’ or is it a ‘disaster for prime property sales’?
Property industry insiders weigh-in on George Osborne's overhaul of the property tax regime...
Autumn Statement: Keep the wheels moving, George – RICS
The RICS is urging Chancellor George Osborne to "keep the wheels moving through the general election" by using next week's Autumn Statement to give some immediate clarity and long-term confidence to…