Central London
Prime property market in London still hit by tax, politics and the economy
Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading →
UK house prices ended 2016 with strong growth, latest index shows
House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading →
UK property markets in good position to weather Brexit, says two new reports
Regional property markets around the UK currently offer potentially better investment opportunities than those in London, with Brexit likely to hit the capital harder than anywhere else in the UK, a new report suggests. While commercial real estate investment returns in London are unlikely to plummet during the Brexit negotiations, which are due to get […] The post UK property markets in good position to weather Brexit, says two new reports appeared first on PropertyWire . Continue reading →