Uncertainty about Brexit has been a compounding factor in the slowdown of the London market according to Hometrack

Latest Hometrack UK Cities House Price Index report for October 2018 eveals that house price inflation is currently sitting at 3.2% annually, with growth ranging from +7.7% in Leicester to -2.8% in Aberdeen. Despite Brexit dominating the headlines, Hometrack’s lead housing indicators suggest no imminent deterioration in the outlook for prices or levels of market…

Read More

Drop in interest from new buyers in October according to RICS

Latest RICS UK Residential Market Survey – October 2018 headlines ‘Prices, demand and supply all in decline as Brexit uncertainty persists’. In October, the fall in interest from new buyers has led to a more negative trend in house prices, according to the latest RICS UK Residential Market Survey. The report states: In October, the fall…

Read More

Brexit uncertainty impacting London’s prime housing market according to LonRes

Latest Q3 2018 analysis of the prime London sales and lettings markets from LonRes Property Data Network (Residential Review Autumn 2018). Analysis of LonRes Prime London sales data shows: Uncertainty surrounding Brexit has biggest impact on London’s prime housing market. Commenting on the prime London housing markets Marcus Dixon, Head of Research, LonRes said: “Whatever…

Read More

House prices remain flat nationally according to latest RICS UK residential market survey report.

Latest RICS UK Residential Market Survey – September 2018 headlines ‘Weak sales outlook causing new homebuyers cold feet.’ The report reveals that demand from new buyers nationally has weakened slightly for the second successive month, making the forward-looking sales indicators also turn a little more pessimistic. Prices remain flat nationally with regional variations still very…

Read More

Sales trends are stabilising across London according to RICS

RICS Residential Market Survey report – August 2018 published 13th September 2018 headlines ‘Solid housing market in Scotland and Northern Ireland’. The RICS report reveals that regionally, after a sharp fall in activity at the end of last year, current sales trends are stabilising in London. Momentum is still slipping across East Anglia and the…

Read More

Business confidence remains unchanged according to lLloyds Bank Business Barometer

Overall business confidence – an average of business prospects and economic optimism – remains unchanged at 29% in July, according to the latest Business Barometer from Lloyds Bank Commercial Banking. The report revealed that construction (48%) and manufacturing (38%) were the most confident sectors, while the weakest were transport & communication (28%) and other services…

Read More

How is Brexit effecting UK House prices?

It seems that nearly every day there is a new headline towards the grand topic of Brexit, be it calls for or and against, how and when we are leaving or simply the Prime Minister’s cabinet falling apart. What effect does this have generally on property prices across the UK? Is a soft Brexit best…

Read More

Landlords are Remainers and see Brexit as a Threat

According to a recent poll, landlords in the UK voted to remain in the EU and are more likely to see Brexit as a threat. LandlordNews.co.uk summarises the key findings below. The survey of 500 landlords across the UK by Intus Lettings has revealed that over half (52%) of landlords voted to remain, compared to…

Read More

Continued access to skilled EU workers is important to deliver on the Government’s housing targets

New Research from the House Builders Federation (HBF) published yesterday 5th December 2017 illustrates importance of EU workers in building the country’s homes. The report states: Housebuilders in England are heavily reliant on foreign labour and will need continued access to skilled EU workers post Brexit to deliver the Government’s housing targets an extensive new…

Read More