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
There are so many ways to alter a property. The same short description ‘three bed terrace’ or ‘four bed semi’ might gloss over a kitchen extension, an en-suite carved out of a master bedroom or a knock-through kitchen diner. All of which makes analysing average prices on a truly like-for-like basis, increasingly difficult. A one bedroom penthouse apartment and a small one bedroom flat are both defined as ‘flat’ in Land Registry data.
On the 1st of November 2017, the Bank of England voted to raise interest rates for the first time in more than ten years. After such a long period without any increase, this news inevitably grabbed the headlines but the new rate of 0.5% still remains the second lowest on record.
How technology is shaping city planning
Road, Street, Close or Square – which is the most popular and does it affect price.
A combination of policy changes and a weaker sales market may have created the right conditions for institutional investment to finally flourish in the UK.
As the new school year gets underway, it seems timely to revisit the well-oiled notion that schools are an instrumental driver of local house prices.
In the same week as the terrible fire in Grenfell Tower, a report slipped quietly out from the Mayor’s office on the role of overseas investors in the London new build residential market. The research was undertaken by the LSE, on behalf of the Mayor, to address an issue that has nagged at the London residential market for years. Given the timing of the publication, most journalists shied away from writing about it and some of those who did, chose to take a swipe at the paucity of hard data rather than to reflect on the key messages.
The UK is experiencing a ‘housing crisis’ the political parties say, with all promising to deliver an additional million homes by the end of 2022. But what homes are needed and for whom?
The long run average over the last 50 years has been around 190,000 per annum, with the highest numbers being achieved at the start of this period and the lowest in the immediate aftermath of the global financial crisis of 2007/08. Over the last few years government initiatives, including the Starter Homes Fund, Housing Zones and Get Britain Building to name a few, have been launched to help stimulate the house building industry. This plus a recovery in the housing market has resulted in a pick-up of supply taking both starts and completions in line with each other at about 150,000 in 2015/16.
There are more first-time buyers (FTBs) finding a way to get a foot on the property ladder than at any time since the Global Financial Crisis in 2008. Since 2011, the number of loans to this group has risen by over 75% and, in the last year alone, over 339,000 loans were issued to FTBs, according to the Council of Mortgage Lenders.
Not many of us have a multi-million property portfolio, so the results of the MSCI / IPD UK property index for the last quarter of 2016, may have passed you by. The results are interesting though and certainly a good story for residential investment over the last year - the sector did better than retail industrial, leisure or office property.
The chronic shortage of housing supply in the UK relative to demand has been a national issue for decades. The Government are committed to delivering a million new homes by 2020. Yet with limited land availability, rising costs and shortage of skilled labour the government and the house building industry need to become innovative with regards to how housing is built if those targets are to be met.