Prime London price growth stalls but rental grows
Prime central London residential property price growth has slowed almost to zero over the past three months, a dramatic slowdown after four consecutive quarters of growth, according to latest analysis from property adviser, Savills.
Read more »
Capital gains tax – beginning to level the playing field
The limiting of the CGT rate to 28% for upper rate tax payers is a welcome deviation from the feared 40% or 50%. A delayed or phased introduction would have led to second home owners and investors selling to beat the deadline and might have increased supply, depressing prices.
Read more »
Housing entering awkward teenage years
The housing market is currently in the spotty teenage years of the 21st century – we have low interest rates, affordability is high, but the market is still depressed – so what is the problem?
Read more »
100,000 new homes would cut Government borrowing by £23 billion
An additional 100,000 new homes built each year would give government finances a £23bn boost over the life of the next parliament, a paper published last week by the Housing Investment Consultancy Team of Savills reveals.
Read more »
Housing market could slow but not stall as election approachesAn analysis of housing market activity in election years suggests that there is little statistical evidence to support the view that elections impact on the housing market.
Read more »
A bumpy recovery but the risks are much reducedThe UK residential property market has been significantly affected by the credit crunch, but the growing imbalance between demand and supply makes an eventual recovery in values inevitable, according to a report published by Savills Research.
Read more »
Watering the seeds – but is it enough? Budget reaction from SavillsThis year’s Budget is designed to water the seeds of housing market recovery, and is to be welcomed, but the measures need to be more radical to have any effect on the mainstream housing market, Savills has said.
Read more »
House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Design based upon Grid Focus by Derek Punsalan 5thirtyone.com.
