Archive for September, 2014

House Prices in London Vs the Rest of the UK

House Prices in London Vs the Rest of the UK

London house prices have recently doubles in comparison to the rest of the UK’s. The asking price in London is over £400,000 with Russians, Indians and Italians being the highest non-British buyers – a staggering 4 out of 10 homes over 1M were bought by foreign buyers.

Here is an infographic that covers it all in more depth:

Uk Housing Market and Prices

Source: http://www.webuyanyhouse.co.uk/house-prices-london.html

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Will the dreaded Mansion Tax affect London house prices?

Will the dreaded Mansion Tax affect London house prices?

It’s enough to spark fear into the hearts of asset-rich cash-poor middle class Londoners. Yes, it’s the Mansion Tax – the ultimate penalty for those who’ve benefited from soaring London property prices and whose houses (or flats) have been pushed up into the millions. Plans have been floated by the Labour Chancellor Ed Balls – and they’ve been backed by Liberal Democrat leader Nick Clegg. The idea is that properties worth more than £2 million will be subject to the ...

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Buying or Renting? Home Ownership Trends around the World

Buying or Renting? Home Ownership Trends around the World

Home ownership rates vary drastically around the world. For example, Germany has what some may consider a low rate at 53%, while it’s a different story in Spain with around 80% of people living in owner-occupied housing. So, why is this the case? Why are some people buying and some people renting around the world?

In the infographic below, we compare home ownership rates around the world and ask who is buying? Furthermore, we take Germany as ...

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House prices: What can we expect in the next few years?

House prices: What can we expect in the next few years?

The UK’s property market has always been a little volatile.  But in more recent years buyers haven’t really been facing a gamble when choosing to invest in property – property has been seen as a pretty safe bet.  The only real question people have needed to ask is “how much more will my house be worth in five years time?” Some experts claim this boom can’t continue and as prices have continued to rise year on year, many people have ...

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