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 […]
The papers this week were full of property stories, some commenting in general, some on specific markets. The FT had an excellent summary of what’s going on in St James’s but it’s not exactly mainstream. Earlier in the week they provided a global round up in which they had been kind enough to invite me to comment. “That said, the top end of the London […]
Good news, there are at least eight better buying agents than me. Bad news, you’re going to need to subscribe to PrimeResi to find them! The second year of the incredibly helpful list of Britain’s top 50 buying agents ensures that the public has one place to go to find the very best advisors to help them source, evaluate and negotiate for the property they […]
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.
Kicking of the New Year Andrew Ellson in The Times was kind enough to give me front page billing on the problems facing those trying to sell in the £1m – £3m market. Contributions from others like Lonres, Rightmove together with comments from Charlie Ellingworth of PropertyVision and Lucian Cook of Savills help explain what’s going on and why this is important. I’m afraid the […]
Just recently I have been asked to help a string of new clients wanting to invest in residential property. As with all clients I start by trying to understand what their brief is so that I can sketch options and advise on a course of action. Maybe it is just because I have had half a dozen in the last month but I heard myself […]
My comments to BBC London’s Vanessa Feltz on house prices in and around the Capital.
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 […]
When she was property editor at The Telegraph Anna White wrote a piece in August 2014 in which she questioned the prevailing wisdom that the market could continue to roar ahead, stoked by Government initiatives like Help to Buy and continuing record low interest rates. She had spoken to agents, research folk and to lenders and it was becoming clear that there was some nervousness. […]
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 […]