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UK General Election Results Impact London Property Markets

On the heels of a failed snap election in an effort to build a bigger majority and a personal mandate, Theresa May, the British Prime Minister, now faces the though job of trying to forge a coalition deal to stay in power. In reference to how the UK General Election results now impact London’s property […]

London is still a global draw despite Brexit, says British Land

Profits at UK’s second-biggest property company boosted by sale of ‘Cheesegrater’ skyscraper London is still a big draw for global banks and institutions despite the uncertainty created by Brexit, according to one of the UK’s biggest property companies. British Land said the process of leaving the EU was creating uncertainty, with tenants taking longer than […]

Asian investors snap up UK property, defying Brexit jitters

ASIAN INVESTORS remain confident in the United Kingdom, despite many unanswered questions about Brexit, the country’s decision to leave the European Union, according to a new report from JLL.  JLL, a property consultancy, says real-estate transaction volumes in the UK for the first quarter of 2017 were at their highest level since 2015, in local-currency […]

UK house prices set to rise by over £50,000 by 2021

Residential property prices will surge by more than £50,000 over the next four years despite Brexit uncertainty, economists predict. The average UK house price across the whole of 2017 will be £220,000, marking a £9,000 increase compared with 2016, supported mainly by a shortage of homes in the market, according to the Centre for Economics […]

Key stats about property transactions revealed

JLL has just revealed key stats about property transactions in the UK, take a look: In the final quarter of 2016 the number of transactions increased by 36% compared with Q3 The number of domestic buyers increased while the weak pound spurred a number of international purchasers back into the market. On average prices fell […]

London real estate has potential to flourish, post-Brexit

London real estate has potential to flourish, post-Brexit According to Knight Frank’s ‘The London Report – 2017’, the central London property market has witnessed significant capital inflows since the Brexit referendum, despite an initial pause for breath. For London real estate, the R According to Knight Frank’s ‘The London Report – 2017’, the central London […]

Prime London housing market showing post-Brexit signs of life

Prime London housing market showing post-Brexit signs of life Number of homes under offer in Chelsea and Belgravia at highest since Brexit vote House price cuts and the fall in the value of the pound are breathing life back into the prime London property market, with the number of homes under offer at its highest […]

London Housing Boom to End Next Year on Brexit, Broker Says

London Housing Boom to End Next Year on Brexit, Broker Says Home values in London will fall for the first time since 2009 next year on economic uncertainty resulting from the U.K.’s vote to leave the European Union, according to Countrywide Plc. Price growth for homes in the capital will slow to 3.5 percent this […]

Right time to buy London property?

Right time to buy London property? If you are eyeing a piece of London, this might seem an opportune moment to strike. One British pound bought about S$1.737 on foreign exchange markets on Tuesday – its weakest level since at least 1981. Yesterday it recovered slightly to S$1.7506. So is this the right time? Mr […]

UK property inquiries from GCC ‘up 25% after Brexit’

UK property inquiries from GCC ‘up 25% after Brexit’ Inquiries about purchasing British properties from investors in Qatar, Saudi Arabia and the UAE have seen a 25% increase in the wake of the UK vote to leave the European Union (EU), according to global real estate services firm DTZ. Speaking to Gulf Times, Ravvy Kaur, […]