Tags » London Property

London rents are falling (and some renting advice)

The Guardian reports that London rents have fallen year on year for the first time in 6 years. See the article here. What does this mean in real terms? 618 more words

London Property

Huge increase in London listings that have had to reduce asking prices

See the Bloomberg article here

A couple of interesting stats: house prices in London are up 86% since 2009. The usual rule of thumb for London is that prices double every 10 years so that seems on track and nothing to be alarmed about. 336 more words

London Property

How Property Buyers Sell Well in London and Save Money

So, you decide to move from the London home. Here’s the way to protect oneself from excessive costs.

If you wisely chosen minimum stress when you purchase a new-build for your household, you’ll already have taken a large first step towards saving costs tweaking sales value. 1,048 more words

Has Brexit made London a cheaper place to live and work in?

Evening Standard thinks so. I disagree. The ES article is here.

Essentially their argument is that because the referendum result signalled that Brexit would happen decimated the pound, London is now and awesomely cheap place to live and work in. 237 more words

London Property

How serious is Brexit for London property prices?

The answer to this is that nobody knows. At the moment, actual Brexit has not been priced in. While there has been price drops and falls in sales numbers due to the uncertainty of Brexit, there is a massive difference between the uncertainty of Brexit (what we have now) and the certainty of Brexit (what we will have when we know what the actual outcome is of Brexit negotiations). 530 more words

London Property

London property prices in biggest drop in 6 years

According to Bloomberg article which is here.

They say the problem is affordability. Sellers are out of touch with new reality that buyers don’t have the money for the stamp duty increases and there is massive uncertainty about Brexit. 9 more words

London Property

Bovis Homes issues profit warning - 20 Feb 2017

Article is here

Bovis Homes to build fewer homes. This amid reports that house price growth is slowest in 4 years.

Takeaway: The price of new homes is dropping. 106 more words

London Property