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London property market stalls in the wake of Brexit

London property market stalls in the wake of Brexit

More information has emerged to demonstrate the implications on the London property market, as per the decision to leave the European Union on June 23rd, 2016.

The UK Prime Minister has invoked Article 50, allowing the UK to be the first country to trigger an exit from the European Union, with negotiations set to take place over the next couple of years.

Considering last year’s referendum result, the London property market has stabilized and many investors are now going back to buying ...

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Little Change Seen for UK house prices During 2017

Little Change Seen for UK house prices During 2017

2016 ushered in few major changes, some of them unexpected. They have, of course, had an impact on the UK’s housing market and prices and the general trend has been for house price inflation and activity to slow. With the whole of 2017 still ahead of us, we’ve taken a look at some of the expectations and forecasts for UK house prices over the coming 12 months.

According to data from lender Halifax’s monthly house price index, you can clearly see ...

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Thinking about investing in a property?

Thinking about investing in a property?

There are many factors that need to be considered before making an offer, these are;

1. Who to rent to?

Deciding upon who you are looking to target your rental property to is one of the most important first steps to make, as this will have a huge impact on the location and type of property you would be looking to buy-to-let. For example, if you are wanting young professionals to rent your property then you will need to find a property ...

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London living- spotlight on the borough of Westminster

London living- spotlight on the borough of Westminster

It’s been well documented that buying a property in London is more expensive now than ever before. But that’s still not deterring thousands of buyers from overseas who are dazzled by its bright lights, culture and iconic sights and sounds.

Westminster, right in the heart of the capital, offers plenty of opportunities for affluent buyers who are looking for a great investment opportunity. Westminster estate agent, Andrew Reeves says, “There’s something for everyone in Westminster and it’s the ...

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What to Look for in a Removal Company

What to Look for in a Removal Company

Everyone knows how stressful moving house can be, from finding a new home, planning the move, and choosing a removal company. It’s important not to underestimate how much work and time goes into a house move. Hiring a reputable removal company will therefore take the stress out of the equation and make the process so much smoother.

However, before you pick a removal company, you need to be aware of certain criteria that makes them the right fit for ...

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First home prices rise to record high

First home prices rise to record high

According to the latest report from estate agent Your Move & Reeds Rains, first-time buyers are paying record amounts for their first home purchase, despite the market’s weakening in anticipation of the EU referendum.

The report shows that average first-time buyer house price increased by more than £23,000 in the last twelve months, making current average prices the highest ever recorded. May saw a 15% year on year increase in average house price for first-time buyers to £173,282, from £149,645 ...

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Understanding Property Valuation

Understanding Property Valuation

If you are selling your property, getting to estimate its worth can be quite complex and confusing. However, the truth is that property valuation is a concept that is easy to understand what property valuation entails and why it is important to both the buyer and the seller.

For starters, property valuation is a general assessment of a property to determine its monetary worth. Thus, the valuation figure is arrived at after taking into account various assumptions, factors that have an ...

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Hidden Factors That Can Affect House Prices

Hidden Factors That Can Affect House Prices

There are a number of clear factors that determine house prices, such as age, size and location. However, there are also hidden factors that may affect the value of your house, which aren’t as obvious.

Using free tools available online, such as Rightmove’s House Price Index and Zoopla’s House Price Estimator, you can track fluctuations in the housing market in your local area. This will give you a good indication of how prices are changing locally, but should only ...

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Does the future of the UK’s rental market lie in the hands of the Build-to-Rent sector?

Does the future of the UK’s rental market lie in the hands of the Build-to-Rent sector?

As the UK government addresses the housing crisis, there have been calls for the current state of the rental sector to be addressed.

According to ResPublica, in 2015, the private rental sector (PRS) accounted for 22% of all UK households.

This number is expected to grow, with the experts at PwC predicting that around 59% of 24 to 30 year olds in England will rent private accommodation by 2025.

The cutting shortage of housing in the UK is very clear.

Since 2004, house building ...

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London flat owners trapped on first rung of property ladder

London flat owners trapped on first rung of property ladder

The high cost of flats and other starter homes in London and south-east England is not the only reason why record numbers of young people are leaving the capital, according to skip hire broker Proskips.

Evidence gathered before Britain voted to leave the European Union shows more than 280,000 people decided to move away from the capital in 2015, an increase of 3% compared with 2014.

Many commentators point to the chief reason for this exodus, led by people in ...

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