Asking Prices
Higher stamp duty behind sharp decline in prime property sales in central London
The prime central London residential property market has experienced a sharp decline in sales volumes since the middle of 2014 mainly due to higher stamp duty rates, a new report confirms. However, while sales have been weaker, a combination of lower asking prices and a weaker pound has begun to push demand indicators higher in […] The post Higher stamp duty behind sharp decline in prime property sales in central London appeared first on PropertyWire . Continue reading →
British buyer numbers down in popular Spanish coastal locations due to Brexit
Brexit is bad news for the recovering Spanish property market with a real estate conference in Marbella hearing that it is already having an impact with a fall in British buyers. Interest from British buyers in locations like the Costa del Sol where they have been the biggest group of foreign buyers for many years, […] The post British buyer numbers down in popular Spanish coastal locations due to Brexit appeared first on PropertyWire . Continue reading →
Prime central London property market outlook flat for 2017
Only properties that are priced realistically in the prime central London market are selling as the sector has been impacted by tax change, according to the latest analysis. Sales have seen an uplift of 4.6% from British buyers in the third quarter of 2016 but overall both the volume of sales and selling prices are […] The post Prime central London property market outlook flat for 2017 appeared first on PropertyWire . Continue reading →