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The darkening shadows over the UK commercial property market

Big commercial property groups seem to be getting cagey about prospects for the UK property market. Some of that’s overblown worry due to Brexit. But there are also some more substantive concerns that are definitely worth paying attention to. Meanwhile, even as the professionals get jittery, local councils are piling into the property market like […]

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EU referendum uncertainty weighs on UK housing market

Uncertainty over the EU referendum has driven the biggest fall in the number of people trying to buy a property since the financial crisis and deterred sellers from putting their homes on the market, according to the latest report from surveyors.   The fall in buyer inquiries is expected to lead to a drop in […]

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‘Brexit’ and Taxes Play Tug of War on British Housing Market

The U.K. housing market is being pulled in different directions as buyers try to beat a looming tax increase and uncertainty over the country’s referendum on European Union membership weighs on sentiment. Nationally, house prices rose 0.8 percent in February, according to LSL and Acadata, with demand from landlords and second-home buyers helping to boost […]

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Average London house price hits £500,000 as capital’s housing market shows no sign of losing steam!!!

Prices in the capital rose almost 10pc in year to September, boosting the average house price across England and Wales London house prices continue to outpace those in the rest of the UK, with the average property hitting £500,000. Prices rose 9.6pc in the year to September, meaning the average London property now costs £499,997, […]

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It’s Party Time in UK Property Market

Real estate in the U.K. is reaching boiling point. “There are still opportunities in commercial real estate, but it is incredibly hot out there,” Mat Oakley, head of commercial research at Savills, said on Tuesday to a suited group of industry participants in central London. U.K. property markets are booming amid a rush of foreign […]