The Eurozone crisis and David Cameron’s protectionist stance over the City and financial services industry has provoked strong interest in high value Prime Central London property, according to UK agency W A Ellis. “We have seen over the last two weeks an unusual amount of activity at the top of the market from both Russian [...]
Continue reading " Cameron’s Protectionism Fuels London Prices "
Rising unemployment, the threat of Eurozone disaster and falling GDP – the signs for 2012 are already worrying. But it’s not all bad. We gather some predictions from around the UK. First the Eeyors of the market: Howard Archer (IHS Global Insight): “I think house prices will fall by 5 per cent over the first [...]
Continue reading " Experts Make Their Property Predictions For 2012 "
Faster trains, new platforms and more frequent services are creating hope for new pockets in the property market which commuters previously might have overlooked. The Chiltern Line from London Marylebone out through High Wycombe, Haddenham & Thame Parkway, Banbury and Leamington to Birmingham has been upgraded, cutting every journey time by about 20 per cent. [...]
Almost half – 45 per cent – of potential first-time buyers say that they are now more likely to get on the housing ladder as a result of the Government’s FirstBuy scheme, according to new research from Rightmove. The FirstBuy initiative launched in September 2011, and 37 per cent of first-time buyers stated that they [...]
Continue reading " Government “FirstBuy” Scheme Proves a Hit "
Eurozone crisis drives central London residential property prices higher according to research from agents Knight Frank, the financial crisis afflicting the Eurozone has worked to pump up central London property prices: · Prime London property prices rose 0.6 per cent in September 2011, contributing to annual growth of 11.4 per cent · Property prices have [...]
Continue reading " Eurozone Crisis Good For London Property! "
In contrast to the typical pattern of bursts of sales and lettings in spring and autumn, both have been unusually busy despite the holidays, according to agents W A Ellis. “The lettings market in prime Central London is as busy as it has been for over a decade with tenants eager to secure properties in [...]
Continue reading " Summer Property Activity Unusually High "
The proposed new property tax for non-resident property owners, planned as part of the tax reform debate in the French Parliament, is to be abandoned. Thierry Mariani, Secretary of State for Transport, announced the change of heart on Saturday 18 June after a meeting with President Nicolas Sarkozy. It is estimated that the proposed new [...]
The Royal Institution of Chartered Surveyors (RICS) has announced that 42 per cent more surveyors reported that rents rose rather than fell in the three months to April 2011. This means that rents in some areas are now so high that previously affordable homes are now out of reach for many. The organisation said that [...]
As some of the world’s top golfers pack up their clubs and head for home, the sunlit greens of Wentworth in Surrey return to their quiet, exclusive state, host merely to the district’s rich and famous. From a property agent’s point of view, this area of Virginia Water nestling around the golf course is pure [...]
New house sellers’ asking prices are now the highest for three years, according to Rightmove, at an average of £238,874 across the UK. Rising values have been supported by a combination of scarce numbers of new properties coming on to the market and sustained low interest rates. The current average price is now just 1.5 [...]
Continue reading " Signs of Optimism in the UK Property Market? "
Get the value of any UK home - FREE!
