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 […]
UK Tightens Controls on Overseas Property Investors
Lord Faulks and Lord Hodgson have had their call for a public register that gives transparency to foreign owners answered. Faulks laid down his amendment because there is a widespread problem with foreign companies coming to England, particularly central London and buying up property, and the finances used to buy the property comes from suspicious […]
How to Sell Your House Fast Before Contacting Us
When it comes to selling a house, there are many different things a seller needs to consider. Starting from what estate agent to use? What selling fee should I agree? Should I go for an exclusive relationship with my estate agent or use multiple agents? Etc. Once you’ve got that out the way you’ll probably […]
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 […]
Will the Stamp Duty Cut actually Help First Time Buyers?
The property market is a fickle industry, often left to speculation and trial and error. It’s a well-known problem in the UK that property prices are too high and first-time buyers are pushed out. The Stamp Duty tax has been blamed for the housing market slow-down but Chancellor Phillip Hammond, as part of his measures […]
Landlords Now Facing Lower Rental Income
The harsher Buy to Let lending legislation coupled with the new tax rules for landlords has contributed to landlords selling off their portfolio, and subsequently, has had both positive and negative influences on the UK property market. Last March, buy to let properties saw an 80% increase compared to the previous year. This was a […]
UK is One of the Toughest Places to be a Landlord
New analysis from WorldFirst shows that the UK is ranked one of the least desirable places for landlords to invest when compared to the rest of Europe, dropping ten spots from 15th to 25th in one year. The average yields in the UK for landlords fell from 4.9% to 4% year on year, subsequently, landlords […]
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 […]
Is the Stamp Duty Rise Affecting Property Prices?
We have heard a lot about the stamp duty changes that took place on April 1, 2016 but now that it has been over a year since they were put in place we can start to see the effects of the changes. So, what exactly are the changes and who has been most affected by […]
UK Faces Property Price Decline and Government Uncertainty
The U.K. is facing government uncertainty with the conservatives hanging onto power via their coalition with the DUP party and many people questioning how much power they really have, this indecisiveness could start affecting our economy. It also seems that times are repeating themselves with the cycle of property price growth starting to decline anf […]