The Crossrail effect on house prices
House prices near Crossrail developments have generally surged compared to wider areas, demonstrating how the project has breathed some new life into some regions.
Benham and Reeves
Hong Kong buyers dominating foreign activity in England’s biggest cities
Hong Kong nationals are having a big impact on the London housing market after the UK government handed them an olive branch two years ago.
Russian property ownership could rise in London
Russians purchased £190 million of property as their primary residence in 2021, including £167 million in London alone, analysis by London agent Benham and Reeves found.
Buy-to-let returns dwarfing ISAs
Despite the government’s actions to dampen buy-to-let profitability, bricks and mortal still offer far better investment returns than ISAs, Benham and Reeves analysis shows.
Base rate hiked to 0.50%
The Bank of England voted to raise the base rate from 0.25% to 0.50%, as it looks to put a lid on rising inflation.
Tenants warned about having to pay for stamp duty
Tenants have been warned they are liable to pay stamp duty when cumulative rent exceeds £125,000.
Prime South West London market on the up
Demand for homes worth between £2-10m rose by 23.7% in Clapham between the third and final quarters of 2021, while Putney (18.3%) and Barnes (11.7%) also saw some of the largest quarterly increases.
Rightmove: House prices to rise by 5% in 2022 and 3% in London
Property prices are set to rise by 5% next year according to Rightmove due to strong demand and a historically low levels of stock.
London rents predicted to increase by 5.5% in 2022
Rents across London fell by -3.4% between 2019 and 2020 before rising by 9.4% from 2020 to 2021, meaning they are now 5.7% higher than before the pandemic.
£11.5bn affordable homes pledge sparks cynical reaction – Autumn Budget
This was originally announced by former housing minister Robert Jenrick in September last year.
