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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 →

Posted on November 8, 2016 by tsiadmin | Posted in Abu Dhabi, activity, ads, advice, age, agent, agents, ASA, Asking Prices, Brexit, build, building, buy, Buy to Let, Buyers, buying, Central London, change, Cities, Company News, currency, data, Demand, Downsize, estate agent, estate agents, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, future, growth, home, homes, houses, Housing, housing market, impact, Index, invest, Investment, investments, Leasehold, Leeds Building Society, lender, lenders, letting, Lettings, lettings market, Location, London, Manchester, market, markets, Middle East, million pound, money, mortgage, mortgages, negotiations, new, News, North America, office, Offices, ONS, payments, policy, poll, price, prices, prime, prime central London, Prime Property, products, Property, property market, property markets, property prices, Property Sales, Property Tax, purchase, Real Estate, recovery, referendum, regional, rent, rental, research, Residential, sales, search, sell, sellin, selling, sentiment, Shows, slowdown, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, Transactions, TSI, U, Uk, uncertainty, US, USE, value, viewings, women | Tagged , , , , , , , , | Comments Off on Higher stamp duty behind sharp decline in prime property sales in central London

Prime lettings market in London benefitting from sales slowdown

A slower sales market in London’s super prime lettings sector over the past 12 months has boosted demand as tax changes have led to greater price sensitivity among buyers. In particular higher rates of stamp duty have altered the dynamics of both the lettings and sales markets in prime central London so sales have slowed […] The post Prime lettings market in London benefitting from sales slowdown appeared first on PropertyWire . Continue reading →

Posted on November 7, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, analysis, Apartments, ASA, Asia, Australasia, Australia, Brexit, build, building, buy, Buy to Let, Buyers, buying, capital, Central London, change, changes, Cities, Company News, confidence, cost, costs, data, Demand, Development, Europe, families, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, Flats, for sale, future, government, growth, home, home hunts, homes, houses, Housing, housing market, impact, Index, international, invest, Investment, investments, Kensington, land, Landlords, Leasehold, Leeds Building Society, letting, Lettings, lettings market, listings, Location, London, luxury property, Manchester, market, markets, money, mortgage, mortgages, moving, national, new, News, North America, ONS, Outlook, policy, price, prices, prime, prime central London, prime properties, Prime Property, products, Property, property market, property prices, purchase, Real Estate, record, recovery, rent, rental, Rental Market, rentals, renting, rents, Residential, sales, search, sell, sellin, selling, Shows, slowdown, Spain, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, Tenants, Towns, Transactions, trend, TSI, U, Uk, US, USE, value, viewings, women, Yields | Tagged , , , , , , , , , | Comments Off on Prime lettings market in London benefitting from sales slowdown

Central belt of Scotland sees rental values soar

Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading →

Posted on October 24, 2016 by tsiadmin | Posted in activity, ads, advice, age, agent, agents, ASA, average, Brexit, buy, Buy to Let, Buyers, buying, capital, central belt, Central London, change, Cities, commute, commuter, Company News, confidence, cost, costs, counties, data, Demand, Deposit, Deposits, England, Europe, finance, Finance Update, first time buyer, first time buyers, growth, home, Home Counties, home hunts, home owners, house prices, Housing, Income, Index, international, invest, Investment, investments, investors, Isa, land, Landlords, Lending, lets, letting, Lettings, Location, London, market, market town, mortgage, mortgage tax relief, mortgages, moving, new, News, North America, office, ONS, owners, policy, premium, price, priced, prices, prime, Prime Property, private rented sector, products, Property, property market, range, Real Estate, record, recovery, rent, rental, Rental Market, Rental Prices, rental sector, rents, research, Residential, sales, Scotland, search, sentiment, Shows, Spain, standard, Supply, survey, tax, Taylor Scott International, Tenants, Towns, Transactions, trend, TSI, U, Uk, US, USE, value, Values, viewings, Wales | Tagged , , , , , , , , , | Comments Off on Central belt of Scotland sees rental values soar