Stamp Duty receipts rose in 2017

Stamp Duty receipts rose in 2017

Despite warnings of a fall in transaction volumes and a slump in Stamp Duty receipts the latest numbers published by HMRC show a 16% rise in tax take to £9.5bn and an increase in the number of homes sold between £1m-£2m. Even for sales of homes over £2m there hasn’t been the predicted fall. I debated the warnings on the Today Program in December 2016 […]

Read Me Leave comment

BBC Business Live – 12th Jan 2018

BBC Business Live – 12th Jan 2018

Bovis Homes provide a trading update following a challenging 2017 with quality issues and Boardroom changes. Are they really making the most of the massive tailwind that comes from Government demands for more houses, action to simplify planning and the assistance that their consumers are getting from controversial Help to Buy? My comments to BBC Business Live.

Read Me

London house prices on the slide?

London house prices on the slide?

My comments to BBC London’s Vanessa Feltz on house prices in and around the Capital.

Read Me

BBC Breakfast 22nd Oct 2017

BBC Breakfast 22nd Oct 2017

To Manchester to discuss the Governments rather strange decision to launch an 8 week consultation on a Sunday into the process of buying and selling a home with contributions from Dipti Tait, a first time buyer and Paula Higgins from The Home Owners Alliance. Two ‘hits’ mean that there was some repetition but an important topic albeit at a time many might have preferred the […]

Read Me

Buyers, take your time!

Buyers, take your time!

In interesting survey from mortgage lender First Direct has found that the typical home buyer spends just 30 minutes at a property before making a bid. Basic details are not checked like the service history of the boiler leading to additional costs once they have bought. The survey suggests that by failing to ask basic questions the typical home buyer spends an extra £7,500 on […]

Read Me 1 Comment

You & Yours – 14th Sept 2017

You & Yours – 14th Sept 2017

Frustrated Marco Nardi has had to reduce his asking price for his Kensington home by £1m. What does this mean for the wider market asks the lovely Shari Vahl on You & Yours and for those renting too? Marco’s home was on the market first with Chesterton at £4.75m but is now being offered for sale by Knight Frank.  

Read Me

The Leasehold Scandal

The Leasehold Scandal

After much hard work and pressure from the likes of Sebastian o’Kelly and others the scandal of leasehold houses and the abuse of the system has caught the public attention. Speeches by Peter Bottomley in the House of Commons and newspaper articles have all shown the worst excesses and there have been a lot of case studies that have come forward to highlight the issue. […]

Read Me

Ten years of commentary

It was a slow New Year when the FT filled a valuable space on page 3 with my musings on the state of the market that led to my first interview in January 2007 on the Today program. Through the Credit Crunch, the coalition Government, three General Elections, Autumn Statements, Budgets, changes to tax, the introduction of Help to Buy I’ve been invited to comment […]

Read Me

A new property recession?

A new property recession?

Writing in The Times yesterday Tom Knowles pondered the state of the housing market as we head into the Election next week. He was kind enough to include a comment from me as well as some reaction from the likes of Johnny Morris, head of research at Countrywide and Bricks & Mortar editor Anne Ashworth. As always, it’s never easy (or sensible) to generalise about the […]

Read Me

Help to Buy

Help to Buy

Research published this weekend has shown that 4000 households using Help to Buy earned over £100,000 and that some 20,000 were not first time buyers. This follows some more detailed work undertaken by BBC News itself in February which showed that just 10 homes had been purchased in Hammersmith & Fulham under the scheme which between them had cost £1.9m. The media was very keen to […]

Read Me