Signs of a stamp duty boom?

Mail: House prices falling in a THIRD of the country sparking fears of a nationwide slowdown

A third of postcodes saw property prices fall in three months to November Slowdown hitting parts of London despite 17% price rise across the capital A quarter of capital’s post codes areas are now experiencing falling prices

Posted by hpwatcher @ 12:05 PM 3 Comments

Down, down, down?

CITY AM: London housing market slower than rest of UK

HOUSING market activity in London is now lagging behind the rest of the country, new figures reveal today. In the three months to September, the number of transactions in Eng­land and Wales was 15.4 per cent higher than the same period last year, according to LSL property services.

Posted by hpwatcher @ 09:29 AM 1 Comments

London property is dead, hail the new London property market!

Emoov: Property Hotspots Index Q3 2014 - Enfield now number four for demand

Here is the full link to the survey. Enfield is number four and I bet that east of the A10 is right up at the top. A place where you can still get a studio flat for just over £130k, and a three bed family home for a little over £250k. The Borough joins London Overground network in May this year, with visible links on the main tube map to Hackney, Liverpool Street and also the Victoria Line via Seven Sisters. Families huddled into Hackney flats will flood out into the leafy suburbs of Enfield. Hillingdon, Lewisham and Harrow are seeing the same trend, but the new rail improvements to Enfield, finally putting it on the tube map, will sent the Borough to pole position by this summer. It will catch up a bit with Hackney if Crossrail 2 or four tracking of the Lea Valley line is approved.

Posted by libertas @ 09:03 AM 11 Comments

Central london market is dead

Telegraph: Londons most unpopular borough

Wouldn't bet against a Tokyo style collapse in prices but either way feels like something nasty is Going to happen and that's before rates rise

Posted by taffee @ 05:08 AM 2 Comments

Saturday, Dec 20, 2014

Subdued

Guardian: UK property boom fades as pace of house price growth fizzles out

No sign of a crash but a welcome break from the usual price pumping: Property markets in Edinburgh and Glasgow experienced a post-referendum bounce, according to new research, as the ending of uncertainty over Scottish independence helped the two cities record the fastest price rises in the UK over the past three months. But in other parts of the UK there were further signs that the boom of the first half of the year had fizzled out, the data from property firm Hometrack showed. Prices in former hotspots Aberdeen and Cambridge fell over the three months and in London they rose only 0.5%."

Posted by quiet guy @ 03:15 PM 3 Comments

Friday, Dec 19, 2014

Can you hear the awful noise of pigs at the trough?

Torygraph: Flood insurance scheme is expanded to include riverside mansions

"Flood Re, the scheme which aims to deliver affordable insurance for flood-prone properties, will also cover the most expensive homes, the Government has confirmed" I'm so pleased that the gvmt is helping these poor souls... Excellent use of taxpayer money.

Posted by mombers @ 09:29 AM 11 Comments

Thursday, Dec 18, 2014

Latest CML figures

BBC: Mortgage lending dip continues, says CML

"Gross lending totalled £16.9bn in November, down 9% from October, the Council of Mortgage Lenders (CML) said". "It added that a "gentle trajectory" for the mortgage market would "calm" any concerns over the effect of a housing boom on the UK economy in general".

Posted by alan @ 06:30 PM 1 Comments

Perfect storm?

Yahoo FINANCE: 4 Reasons Why House Prices Are Set To Plunge Next Year

House prices in the UK may fall significantly in 2015. Here’s why.

Posted by hpwatcher @ 01:30 PM 12 Comments

Oil glut wont last long

BBC: North Sea oil industry 'close to collapse'

It's almost impossible to make money at these oil prices", Mr Allan, who is a director of Premier Oil in addition to chairing Brindex, told the BBC. It's a huge crisis. This has happened before, and the industry adapts, but the adaptation is one of slashing people, slashing projects and reducing costs wherever possible, and that's painful for our staff, painful for companies and painful for the country.

Posted by mountain goat @ 12:33 PM 3 Comments

Wednesday, Dec 17, 2014

The Next Election will Impact House Prices Going Forward

Guardian: Labour opens up five-point poll lead over Tories

House Prices in a year's time will be decisively affected by the May election. It's coming closer. My removals friend said volumes of house moves are up in our area for December. A Mansion Tax then in 2015?

Posted by alan @ 09:46 PM 11 Comments

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