The end of November means we now have the main numbers which provide a snapshot of the health of the housing market. New homes coming onto the market, homes selling, the total number of homes for sale in October and the numbers sold in August as the Land Registry data is always 3 months behind. ...
Despite being on the ropes the housing market is preparing to contribute an additional £180m to the Exchequer next year as the VAT increase hikes the Government’s tax take from 4th January and the Labour legacy of increased Stamp Duty Land Tax that will come from 6th April adds yet more. The £1.5b estate agency ...
‘Tis the season for market predictions. Time then to hand you the chainsaw and to crawl out onto the branch of house price predictions! Having confidently predicted the peak of the market at Christmas in 2006 I must accept that some humility must be shown for my erroneous suggestions that 2010 would show a ‘double-dip’. ...
In a move worthy of General Melchett, the Stephen Fry parody of Earl Haig and the Great War generals, the National Association of Estate Agents has announced that henceforth it’s membership cards can be turned over and will double as a ‘license’ with the result that this morning two thirds of practicing estate agents are ...
The Month in Numbers. The Land Registry report last Thursday confirmed the negative trend reported by both the Nationwide and Halifax albeit perhaps not quite as dramatic as the record one month fall of 3.6% reported by the Hailfax. However, it’s the sluggish sales volumes that has most estate agents concerned. According to the Land ...