According to Hamptons data £30.9bn-worth of property changed hands without public marketing in 2021, according to an estimate by a property fund. In an interesting article in Prime Resi it is estimated that nearly 100,000 homes changed hands on the “off-market” – which in this instance means quietly marketed withoutContinue Reading

Whilst fashionable to have a wild stab in the dark about what might happen to the housing market I’m afraid I can’t – yet. Everything changed with the mini-Budget but that was only two weeks ago. In April one group of financial prognosticators said they expected house prices in 2023Continue Reading

Following last weeks mini-Budget there has been turmoil in the money markets. On Tuesday 1000 mortgage products were withdrawn as lenders try to re-price their offerings as bank base rates head towards 6%. 12 months ago you could get a 2 year fixed rate mortgage for 1.6%. Today the NationwideContinue Reading

My comments to Jeremy Vine following the ‘mini-Budget’ that turned out to be anything but! We’re joined by Robert Colvile from CPS Think Tank who is a supporter of the changes being introduced.Continue Reading

The amount of stamp duty you pay depends on the cost of the property. Chancellor Kwasi Kwarteng announced new rates for England and Northern Ireland as part of the government’s mini-budget. These are: £0 – £250,000 (£425,000 for first time buyers) = 0% £250,000 – £925,000 = 5% £925,000 –Continue Reading

Announcement from Buckingham Palace. The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow. Thursday 8th September 2022Continue Reading

The supply of available properties is still almost 40% below levels of August 2019 according to Rightmove this week. Sales are trending slightly lower although most experts think that we will see around 1.2m transactions by the end of the year which is about average. The number of homes listedContinue Reading

Annual house price inflation is currently up either by a lot or by a hell of a lot depending, as always, on who you ask. At £32k a year the typical UK house is now earning more than the average occupier. Zoopla 8.3% Rightmove 9.3% Office for National Statistics 12.8%Continue Reading

Where I sit down with ex-Foxtons Jason Tebb who is CEO of website OnTheMarket.com and we discuss the market, the expansion of buying agents, the importance of using a good selling agent and my pet hate – the automated valuation widget we see on so many websites. I suspect weContinue Reading

After two years of working with her dad I’m sorry to have to announce that Rosie will be leaving at the end of the month. As life after Covid 19 gets back to whatever we will call normal she is returning to her first love, to drama and the stageContinue Reading