Posts Tagged ‘election’
The number of sales agreed per branch increased in May according to NAEA Propertymark
The National Association of Estate Agents (NAEA) Propertymark’s monthly UK Housing Report – May 2017 found that only 3% of properties were sold nationally above their asking price, which was down 4% from April 2017 and the lowest since October last year. The number of homes which sold for less than asking price rose to…
Read MoreTheresa May’s Queen’s Speech
Today we finally get to hear in the form of the Queen’s Speech what Theresa May and her government plan for the future, it will reveal which laws they plan to introduce or change. The centre of the speech is expected to be dominated by Brexit, one of a number of bills will be the…
Read MoreBelvoir on Party Property Promises
Recent news release from Belvoir headlines ‘Party Property Promises’. With just over one day to go before the General Election, Belvoir sets out in brief some of the housing policies that form a large part of each party’s manifesto. Chief Operating Officer, Dorian Gonsalves said “Whilst some initiatives may help some tenants, it is unfortunate…
Read MoreEU…Brexit effect on property value
Many believe the effects of a UK referendum on whether we stay or leave the EU will have an impact on property prices if the vote is to leave. According to eMoov who recently carried out a poll on the matter, some 55% believe that leaving the EU will have an impact on house prices,…
Read MoreFTB sales increase in August compared to May
The number of first-time buyer sales in August leapt by over a quarter compared to May, according to the latest First-Time Buyer Tracker from Your Move and Reeds Rains. August experienced 30,200 completed first-time buyer transactions, compared to 23,700 in May–the month of the General Election. This represents an increase of 27.4% on a three-month…
Read MoreSellers returning
According to new research by online estate agents HouseSimple.com the numbers of houses coming on the market for sale has increased by 7.1% in the last month compared to the previous, in the same period 67% of major towns and cities across the UK have seen a rise in the number of new instructions. These…
Read MoreIf Greece exit Euro
The recent run up to the General Election and the election itself was enough to cause the property market to stagnate especially in London, that is if recent figures regarding activity and growth are anything to go by, without any doubt the fear of a Labour government was the cause of this with all its…
Read MoreCameron back at No.10
At the time of writing this post at 07.00am today the counts was as follows: Cons 320..Labour 243..SNP 56..Lib-Dem 9..others 22 This all points to David Cameron being back in No.10, however at this point in time it is still unsure whether Conservatives will have an overall majority or that they will be just short.…
Read MoreDefinately not Labour
Today, I am posting why I personally would not be voting Labour tomorrow, it is a view with one eye on the negative effects it could have on the property industry and the other on a few points in general that others may not be aware of. It is not only myself that feels that…
Read MoreJust 3 days before Election
Yes, just 3 days to go before the General Election 2015, and still no one is able to predict a confident outcome, that applies to the party that will have most seats and the coalition that may exist after. The Yougov results for Sunday 3rd May were as follows. Cons 34% Lab 33% LD…
Read MoreMortgage approvals for March
U.K. mortgage approvals unexpectedly fell in March, probably due to consumers being wary of purchasing a new home in the months before the general election. Approvals fell to 61,341 from 61,523 in February, the Bank of England reported today. Economists had forecast an increase to 62,400. With a less than a week until the general…
Read More£1m inheritance tax plan
David Cameron has put forward a pre election plan to make family estates that are worth less than £1million exempt from inheritance tax, that would be done by adding a further £175,000 each for couples to the existing £650,000. This increase in the amount that can be left to the children and grandchildren will affect a much…
Read MoreBuyers holding back
Now with just four weeks until the election on 7th May it appears the property market is stalling, can anyone blame buyers with some of the housing policies that Labour are proposing. This is probably a blip until the outcome becomes clear, Labour have voiced strongly their intentions about introducing a mansion tax, industry analysts…
Read MoreElection Countdown
Another week closer to the General Election with just 32 days to go, we are now halfway through the four TV debates, the two hour seven way debate that we had during last week never actually produced a clear cut winner, just a top four, Cameron, Farage, Sturgeon and Milliband. Britain’s political landscape appears at…
Read MoreNo outright winner.
The day after the night before and the seven way debate never really gave us an outright winner, various snap polls following the debate gave us an overall top four who appeared to do well, David Cameron (Cons), David Milliband (Lab), Nigel Farage (UKIP) and Nicola Sturgeon (SNP). The debate was an orderly affair with…
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