‘I fear we’ll have the Thames lined with derelict towers’, warns former City planning chief
Not enough is being put aside from service charges to cover essential future refurb works in the London’s rising residential schemes, says Peter Rees
After its longest property market downturn, Prime London ‘is beginning to find its level’
Property prices in Prime Central London have fallen for the last 19 quarters, but the Savills research team is now spying a return to positive growth -although we’re still five years away from a ‘normal’ market
Brexit & Beyond: Where next for prime property prices?
Savills’ Head of Residential Research Lucian Cook considers how the Brexit pendulum will swing, and takes comfort in the longer-term view
Bank of England revises down house price forecasts amid ‘Brexit-related uncertainties’
Political uncertainty, affordability constraints and policy changes have all taken a toll on demand in the UK housing market, warns the BoE in its latest inflation report; average house prices are now expected to fall by 1.25% this year, instead of the 0.25% annual increase being predicted just three months ago…
Ranked: The world’s most ‘resilient’ cities for investors
New York, Tokyo, London and Los Angeles are the four global cities ‘most resilient to global disruption now and in 2028’, says Savills – but a realm of challengers are rising in India, China and the Middle East
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY’s Spring ITEM Club predicts muted property price growth ahead, with a ‘limited’ upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
IMF creates an ‘early warning system’ to predict the next house price crash
The International Monetary Fund’s House Prices at Risk tool is designed to flag property markets at risk of significant price drops at least a year before the market turns
Prime property demand builds, but fails to translate into activity in a ‘Brexit-paced’ market
Demand is building in prime regional and prime London markets, says Savills, but prices continue to fall as uncertainty ‘dictates the pace’
Country house price growth sinks to a five-year low – but activity picks up
Knight Frank predicts 8.2% price growth for prime regional property prices by 2023, with ‘relative value’ driving demand in more rural locations this year
‘House prices in London are starting to firm’ as regional cities start to moderate
For the first time since August 2015, every city tracked in Zoopla’s UK Cities Index recorded rising property prices in February.
Historic Hotspot: Chelsea named as one of the world’s top ‘luxury neighbourhoods to watch’
Venerable PCL enclave picked alongside up-and-coming districts of Boston, Dubai and Shanghai in rundown of 18 locations ‘set to outperform’ in the year ahead, after suffering one of the biggest slowdowns of any prime London market
OBR slashes property price growth forecasts
‘The latest near-term indicators of housing market activity point to a significant weakening’, warns the Office for Budget Responsibility, as it anticipates falling property prices and transaction numbers this year.