Savills has revised its price forecasts for prime property market across the UK, but when it coms to prime central London it says it’s a case of “recovery delayed”.The agency says that while activity has… “No meaningful price growth” in prime central London, admits agency
Propertymark says the supply of homes on the market has dwindled almost continuously since the start of the year, with 40 per cent fewer homes now than in January.The average estate agency branch has 23… Housing supply slumps 40% since January as agents woo sellers
A leading tax expert is advising investors to “plan your disposals” after new Capital Gains Tax figures have raised speculation of an increase in the near future.Figures from HM Treasury released yesterday show that its… Capital Gains Tax threat returns – property “disposals” warning
The average house price dipped for the first time since January, falling by 0.5% in June, according to the latest Halifax house price index. As a result, annual house price inflation eased to 8.8%, compared… House prices see first fall since January as stamp duty holiday ends
The industry is braced for more anti-money laundering compliance processes according to a risk consultancy.LexisNexis Risk Solutions claims its survey shows that nearly four fifths of compliance professionals across the UK’s regulated industries – including… Brexit to increase anti-money laundering red tape, agents expect
Grand Design fans may recognise the water tower home which cost its former owners nearly £2 million to transform. The Grand Designs water tower in Kennington, that once supplied the workhouse that Charlie Chaplin lived… Grand Designs water tower sold: Grade II-listed London home that cost £2 million to renovate sells after price reduction
A company supplying data to conveyancers and other property professionals warns that Japanese Knotweed is a bigger headache than usual this summer. A wet and frosty spring, followed by dry weather and sunshine, has provided it with the perfect growing conditions, according to solicitor… Property solicitor warns of Knotweed derailing house sales
The frenzy of activity in the housing market thanks to the stamp duty holiday shows the need for automated processes to speed sales. That’s the view of property software company Openview – Powered by VTUK.… Stamp Duty frenzy proves need to automate sales process – claim
The Bank of England has played down worries that interest rates may have to rise as a result of growing levels of inflation. The BoE’s monetary policy committee yesterday voted 9-0 to keep interest rates… Interest rate worries played down by Bank of England
A rush to beat next week’s stamp duty holiday deadline has caused a 200 per cent increase in demand for removal firms, it has been claimed. A survey by an online comparison website for removal… Stamp Duty Removals Crisis as buyers try to beat deadline
