All Posts in Category International Market

London: Help to Buy sales strongest in Outer Boroughs

Despite this, developers of all types have continued to seek out opportunities, and a lack of sites available to purchase has halted the decline in land values in central London. Demand has been supported by a variety of factors; housebuilders in outer London have continued to see positive sales volumes, aided by Help to Buy,…

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London: Average £psf values for existing homes in key prime markets are below their five year average

The chart taken from the latest Prime London Sales Index highlights that iIn the so-called “golden postcodes” of Mayfair, Knightsbridge and Belgravia, prices are more than £200psf below the average over the last five years. However, it should be noted that prices in some new-build developments have risen over that time.  

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Interest rates: Lower for longer?

One year ago, the Fed was in firmly hawkish territory, having seen eight interest rate rises over the preceding two years. Other major central banks were also giving hawkish signals and the markets were a-chatter with a global recession, potentially in a matter of months. One year and 138 central bank rate cuts later*, Norway…

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London: Demand for super-prime lettings strengthens

While the uncertainty surrounding Brexit and the stability of the government has led to hesitation in some sales markets, it has caused demand for super-prime (£5,000+ per week) lettings property to strengthen. According to Tom Bill’s new report a total of 40 transactions were agreed in this price bracket during the second quarter of 2019,…

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