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Parts of prime property market in London hit by economic uncertainty

by Necco | May 25, 2016 | news, Uncategorized

Some areas in London’s prime property market are experiencing falls in demand from international buyers for reasons of global economic uncertainly, according to a new analysis report. But this is making way for emerging markets in the capital city’s prime sector which...

‘Landord tax’ raises house prices by £30,000 in month

by Necco | May 19, 2016 | news, Uncategorized

The stampede to escape George Osborne’s new “landlord tax” has sent London property prices spiralling to new all-time highs. The average price of a London home leaped £30,000 in March — one of the biggest monthly jumps on record — to £552,000. The annual rate of...

Property prices are continuing to soar – and it’s not just because of stamp duty

by Necco | May 19, 2016 | news, Uncategorized

There’s yet more evidence that the government’s stamp duty changes forced house prices up in March – but experts are warning that a chronic undersupply of housing will continue to push prices up overall. UK house prices increased by nine per cent in...

UK house sales and purchases set to jump by a fifth by 2020 – but will still be below 2007 levels

by Necco | May 19, 2016 | news, Uncategorized

UK housing transactions are set to jump by a fifth by 2020, but this will still be eight per cent lower than pre-financial crisis levels, according to a new report today. Conveyancing services provider My Home Move predicts that the number of annual property...

Global business putting investment in UK commercial property on hold due to Brexit concerns

by Necco | May 4, 2016 | news, Uncategorized

International businesses are postponing investment in the UK in the wake of uncertainty about the country’s membership of the European Union ahead of a referendum in June. The latest UK Commercial Market Survey from the Royal Institution of Chartered Surveyors (RICS)...

Housing market bubble BURSTING: Top prices tumble AGAIN sparking fears of CRASH

by Necco | May 4, 2016 | news, Uncategorized

HOUSE prices in Britain’s wealthiest areas sank at an even faster rate in April than the month before, with estate agents saying the plunge is reminiscent of the 2009 market crash. Buyers in London have become more “hesitant” and desperate sellers are now...
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