Among other factors (policy and economic performance being key), changes to taxation in the form of stamp duty land tax at point of sale can have a big impact on the level of activity in the UK housing market. The most recent significant impacts on the market have been the higher rate taxes on the market over £1million and the surcharge on second homes.
In the olden days of maybe 10 or 15 years ago, it could be argued that the only thing estate agents needed to demonstrate their knowledge of the market was a customer sitting in front of them. They could talk the talk in the reasonably certain knowledge that they had all the latest market information and the customer, well, didn’t.
When we go on a journey of any length we invariably have a choice of routes. We could opt for the high-speed convenience of the motorway for efficiency, or take the winding country roads for the joy of the journey. Both have merits: depending on the mood and purpose of the journey: fast lane or slow road can have upsides.
A quick analysis shows that, of all the Local Authorities or Unitary Authorities where transaction levels have increased this year (January to July 2018 vs January to July 2017), on average, 49% of properties have access to Ultra-fast broadband with an average download speed of 46.4 mbps.
Managing a work-life balance in the era of the smart phone, with its incessant dings as yet another email drops through the inbox, is a twenty-first century challenge. And it is not only our mobile devices that have blurred the boundaries. Our offices have become more like homes and our homes are far more likely to include working areas.
The housing market – including prices, mortgage approvals and rental prices – are viewed as symbolic of wider economic trends, such as in investor and consumer confidence. House and rental price growth, or lack thereof, is seen by economists, media commentators, and the public as a fundamental economic indicator, and these metrics always get a lot of air time.
The All England Lawn Tennis and Croquet Club in Wimbledon hosts the 132nd Championship and is one of four Grand Slams worldwide. It is the most prestigious annual tennis tournament held in the UK and is one of ten significant tournaments being held this summer across England.
Air quality is a factor which home buyers are increasingly considering when deciding on a shortlist of properties, particularly in urban areas.
Do large and publicly visible Royal events have any impact on house prices in England and Wales? With Prince Harry marrying Megan Markle later this month, here is a quick run-down of house price changes in the two-year period around previous Royal occasions.
It is a complicated story for the housing market in the first quarter of 2018 with marked regional variations and continuing uncertainty as the country waits for the outcomes of the Brexit negotiations. The UK economy continues to grow, albeit slowly, but despite declining inflation levels and wages finally starting to rise, consumer confidence remains in negative territory.
Statistics are a brilliant way to shed light on the way markets behave and have become an essential part of business life in these days of big data (and fake news).
At the beginning of the year, Fine & Country published a list of the 10 most beautiful places to live and we assessed whether there was a cost attached to buying a home in these places.
At Dataloft we like to get to the heart of the matter and understand the true story behind the numbers. What is rental affordability like in different areas? How old are tenants? Which profession do they work? How far do tenants typically move when they change address?
Let’s start with our own view: Dataloft expects that UK house prices will rise in 2018 but only by a narrow margin