Brexit continues to dominate the London property market with annual price growth across the capital at its lowest level since 2009, according to the latest residential market outlook report.
Pent up demand is beginning to release as buyers get fed up waiting for the UK to leave the EU, but a lack of stock continues to dog the market.
Tax receipts on property sales in the first quarter of 2019 in England, Wales and Northern Ireland fell by 26.2% compared to the previous quarter, an analysis of stamp duty figures shows.
Homebuyers took advantage of Brexit uncertainty to get steep discounts in London’s fanciest neighborhoods in the first quarter.
The increasing unlikeliness that Brexit would not happen at the end of March means that buyers in London returned to the markets with numbers rising as the month progresses, new research shows.
The biggest obstacle property agents in the UK currently face is the turbulent economic and political climate caused by the uncertainty and chaos surrounding Brexit, new research has found.
The British Government has failed to prepare the rental market for Brexit with landlord warning that European Union citizens may face problems securing a home to rent.
The underlying demand for prime property across England and Wales remains strong with the latest figures showing an increase in offers made and properties sold subject to contract.
Residential Landlords Association blames lack of clarity over settled status scheme
Brexit uncertainty is dominating the prime property market in London but despite this the residential sector performed reasonably well in the first quarter of 2019, with continued slowing in the rate of price falls, according to the latest research.
UK house price growth will continue to be "subdued" during Brexit uncertainty - particularly in London, according to the Halifax.
With Brexit uncertainty showing no sign of letting up, just two districts in the U.K. capital are seeing strong house-price growth. In the south-western borough of Richmond prices rose 5.5 percent over 12 months, according to Bloomberg's analysis of preliminary data from the U.K. Land Registry.
The Mayor of London is making an extra £200 million available to help counter the impact of uncertainty over affordable home market sales caused by Brexit.
Graham S Mitchel, FRICS MIoD, Finance Director, Caxtons, suggests the ongoing malaise in the housing market isn't Brexit at all...
All disasters bring forth a mountain of comment – Brexit has followed the pattern, with pithy and not-so-pithy comment from property industry commentators.
The average residential property asking price in Britain increased by just 0.4% this month as Brexit uncertainty ate into the start of the traditionally busier spring housing market, according to the latest index report.
Buyers and sellers are "sitting tight" as Brexit uncertainty continues to freeze the UK property market, surveyors have said.
House prices in the UK increased by 2.8% in the 12 months to February 2019, taking the average price to £236,800, the latest lender index shows.
The UK's largest estate agent group, Countrywide, has reported widening losses and says the uncertainty surrounding Brexit is hitting business.
The Mayor of London, London Councils and the G15 group of London’s largest housing associations have sent an open letter to the Secretary of State for Housing warning of the potentially catastrophic effects that a no-deal Brexit could have on affordable housing delivery.
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