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
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
Savills’ Head of Residential Research Lucian Cook considers how the Brexit pendulum will swing, and takes comfort in the longer-term view
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…
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
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
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
Demand is building in prime regional and prime London markets, says Savills, but prices continue to fall as uncertainty ‘dictates the pace’
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
For the first time since August 2015, every city tracked in Zoopla’s UK Cities Index recorded rising property prices in February.
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
‘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.