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 »
An 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.
The 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.
This 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.
Savills has named the top 12 lenders for the UK property market this year. Of this, eight are German banks and only two are UK lenders.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
