Posts Tagged ‘London’
London house price growth slows rapidly
Hometrack UK Cities House Price Index September 2016 headlined ‘London records lowest quarterly growth for 20 months’ In the report they highlight that: City level house price growth is running at 8.5% but growth in London has slowed rapidly in the last quarter to the lowest level of quarterly growth for 20 months. Eleven cities…
Read MoreHomeLet Rental Index September
The most recently released HomeLet Rental Index (September) states that 2016 to date has seen a slower rate of rental growth, compared to the same period last year. The increase in average rental value is 3 per cent higher than the same period last year, standing at £910pcm compared previously to £884pcm. In comparison to…
Read MoreNew Headquarters for Zoopla Property Group
Zoopla Property Group Plc (ZPG), owner of the UK’s most-trusted digital platforms including Zoopla, uSwitch and PrimeLocation announced yesterday that it has moved Headquarters, it has moved into its new 45,000 home adjacent to Tower Bridge at The Cooperage, 5 Copper Row, London SE1. Alex Chesterman, Founder & CEO of ZPG said, “This move marks…
Read MoreDoes Leeds offer better buy-to-let opportunities than London?
Leeds can offer buy-to-let investors a lot for their money; in fact, the city can offer a lot more than other areas of the UK. Some landlords see it as a priority to obtain the best capital returns where as some prefer the regular income of a rental property, whilst some want both. Many landlords…
Read MoreDates for the Diary
Dates for the Diary. Property Investor & Homebuyer Show at Excel London, Friday 7th and Saturday 8th October. The most comprehensive exhibition of UK & International residential property (and services) presented in Europe returns to ExCel London for its ‘Autumn Edition’ in October 2016. To know more about the show click here
Read MoreEstate Gazette Awards 2016
The Estate Gazette Awards 2016 took place last night at the Grosvenor House Hotel, London, W1. The Awards were judged by some of the most recognised and respected names in the industry. To check out the 22 Winners, Picture coverage of the night, the Shortlist, the Judges and more…click here
Read MoreCountrywide Lettings Index August 2016
Countrywide Lettings Index August 2016 released Monday August 15th 2016 headlines ‘London rental growth slows’. Rents in London 0.5% lower than in July 2015. Stock surge sees the number of homes available to rent in Great Britain rise 23%. Demand from tenants increases too, with 10% more searching for a home to rent. Rents across…
Read MoreProperty price cuts the highest in London
Home.co.uk released today 12th August their monthly Asking Price Index headlined ‘Average Prices Weighed Down by Steep Falls in London’. Topping the headlines is: Home prices in London continue to fall steeply, down a further 1.2% in just one month. Property marketing times are rising across most parts of the country. Low confidence among sellers…
Read MoreBrexit means Brexit
Several weeks ago, we heard the UK was leaving the EU and what happened… panic set in. Whilst one half of the UK were revelling in their success, the other half were going in to meltdown. The stock exchange was all over the place, Sterling fell off a cliff, political resignations went around like wildfire…
Read MoreGavin Barwell MP appointed Housing and Planning Minister
Theresa May has appointed Croydon MP Gavin Barwell as new Minister of State for Housing & Planning and Minister for London as part of the government reshuffle, he replaces Brandon Lewis who has served as housing minister since July 2014. Mr Barwell will be working with Sadiq Khan the recently elected Mayor of London and…
Read MoreInternational money launderers exploit UK property market.
Recent news articles are reporting that the UK property market is being exploited by international money launderers, Chairman of The Home Affairs Select Committee Keith Vaz reportedly said that £100bn was being laundered through the country every year. He further reportedly said “London is a centre for money laundering, and its standing as a global…
Read MoreNegative Impact on House Prices on Brexit Vote
The decision for a Brexit taken last thursday and announced last friday looks like having a negative impact on the UK property market as well as other sectors of the economy, at least for the short term. The UK has now entered a period of uncertainty, how much this will affect general confidence and sentiment…
Read MoreGovernment vs Property – does Nanny know best?
Whether it’s to do with our sugar intake, types of cars we drive or consumption of fruit each day, it seems the Government have our best interests at heart. So one would assume that when the powers that be, “fine-tune” the property market, that they are looking to help us all. Their thinking is that by aiming to…
Read More(ONS) House Price Index: April 2016
House Price Index: April 2016 released yesterday June 14th by the Office for National Statistics: UK average house prices have increased by 8.2% in the year to April 2016 (down from 8.5% in the year to March 2016), continuing the strong growth seen since the end of 2013. The average UK house price was £209,000…
Read MoreHomelet Rental Index (MAY) reveals rents continue to rise.
The May 2016 HomeLet Rental Index reveals that rents continue to rise in almost every area of the country, with 11 out of the 12 regions surveyed seeing an increase over the three months to the end of May, however the pace of rent rises is now beginning to moderate, particularly compared to a year…
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