Analysts say rising inflation and bond yields also pose a challenge n the City of London’s insurance district, close to the “Cheesegrater” tower, the core of another skyscraper — 22 Bishopsgate — is rapidly rising out of the ground. The decision this autumn to proceed with the 1.4m sq ft development, whose investors considered pulling […]
What does this chart show? That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back from the 9.7 per cent annual figure registered in the year to June. London price growth stayed high at 12.3 […]
Short-term jitters aside, a combination of economic fundamentals and political imperatives is likely to sustain values in Britain’s housing market over the long term. I spent the weekend after Brexit in London commiserating with some friends who had been in the midst of selling their home in Vauxhall to upgrade to a bigger place. They […]
Property experts have suggested that Britain’s shock decision to leave the EU in Thursday’s referendum could actually be good for the UK property market – at least in the short term. Many estate agents think that the falling pound will result in a huge influx of foreign investors who are keen to take advantage of […]
International property investors are poised to “pile into” the UK snapping up office blocks, land and luxury homes if the public vote to exit the European Union next Thursday, experts have predicted. If Britain leaves the EU, there will be a sharp fall in sterling making assets cheaper for overseas funds and private buyers and […]
