international
Overseas investments boost office markets in UK regional cities
Investment into the office market in UK cities was buoyed by overseas buyers in 2016 with international money accounting for 45% of all transactions, up 10% year on year. Despite investment volumes falling from £3.2 billion in 2015 to £2.5 billion in 2016, principally because of political turbulence, overseas investment remained consistent at £1.1 billion, […] The post Overseas investments boost office markets in UK regional cities appeared first on PropertyWire . Continue reading →
Failure to address stamp duty in UK housing market is stifling activity, it is claimed
After the hope generated by the Government’s recent housing white paper that it is serious about sorting the crisis hit housing market, it may have delivered counterproductive blow by failing to address the issue of stamp duty. There was hope in the housing industry that Chancellor Philip Hammond would take on board concerns that the […] The post Failure to address stamp duty in UK housing market is stifling activity, it is claimed appeared first on PropertyWire . Continue reading →
Promising outlook for sales and lettings in prime central London market
The outlook is more promising for sales and lettings in the prime central London property markets with stamp duty impact now largely absorbed, according to the latest analysis. Both markets saw declines in 2016 but with price adjustments from stamp duty changes now largely taken up, prices are expected to remain steady while activity increases […] The post Promising outlook for sales and lettings in prime central London market appeared first on PropertyWire . Continue reading →