News

How Will the New Stamp Duty Change Affect the Property Market

On 3rd March 2021 The Chancellor Rishi Sunak announced an extension to the Stamp duty break to last until June 30th 2021. This has now ended, between the 30th June and September the starting price for stamp duty will be £250,000, this is in an effort to gradually phase out the scheme. On October 1st […]

Read more »

Will The Property Market Crash After Brexit

The connection between the uncertainty of Brexit and a subdued property market has been the focus of much commentary in recent times. Brexit has received much of the blame for the stagnancy that we are currently seeing in the property market and many people are wishing to simply get the Brexit debate out the way. […]

Read more »

Have Landlords Caused the Recent Property Price Slump

We typically see a Autumn bounce and a slight uplift in transactions at this time of year but new data released from Rightmove shows that house prices in the last month have increased by less than 1%, whereby there has historically been a 1.6% rise during this month for the past 5 years. Many people […]

Read more »

Is this the End of Rising House Prices?

UK property prices have hit their lowest slump in five years according to the Office of National Statistics. The overall decline is driven by falling property prices in London where there has been four consecutive months of declining prices. London prices continue to drag down growth with a 0.4% decline from May 2017 to May […]

Read more »

More Evidence that First Time Buyers Can’t Afford to Live in London

Rather than spending their money on high rent prices or asking the bank of mum and dad for a loan, young people are spending their money on flights out of London. According to London Stalling Report, Resolution Foundation report, more than 35,000 people in their early 30s have left London since 2009. The evidence suggest […]

Read more »

More English Landlords are Choosing to Buy Property in Scotland 

The UK Residential Market Survey from March 2018 released by The Royal Institute of Chartered Surveyors (RICS) revealed that there was a drop in new buyer enquiries and the average selling prices are stagnate. However, numbers don’t always tell the full story. The Scottish market is telling a different narrative than the one being told […]

Read more »

House Prices Rise and More Homes are for Sale

Recent reports from Rightmove show that sellers might not be in control of the political uncertainty and economic instability but they are in control of asking prices. This month has seen a rise of 0.8% in February, a modest rise. It is smart selling to keep asking prices realistic when considering the stretched buyer affordability. […]

Read more »

Has the London Property Bubble Already Burst?

The beginning of the New Year has showed signs of a cooling market for London’s property, although, this trend is not new. In 2017, the London housing market performed the worst in the UK with property prices dropping by 22,000 in 2017. Rightmove has predicted that the downward trend will continue and has continued in […]

Read more »

House Prices Predicted to Fall in 2018

Property prices rose 1.2% in 2017, a relatively slow increase for the dynamic UK property market, but things are predicted to slow even more in 2018. The market is predicted to grow by 1% in 2018, the slowest growth since 2011. However, the market is not created equal across the UK right now. The London […]

Read more »

London House Prices Fall More than the UK Average

UK property prices fell by 1.2% in September but the average numbers are regional more than national. The southern markets have seen the biggest fall in prices and the most surprising might be that London alone fell by 2.9%, or in other numbers, decreased by £18,000 in one month. In February of 2016, London and […]

Read more »