Bank says Brexit worries are no longer holding back sales but virus could hit property market
When the UK voted to leave the European Union (EU), the UK construction industry immediately found itself in a precarious position.
Its reliance on the EU as a source for skilled workers and construction materials looked to be under threat. And in the years following the EU referendum in June 2016, the notion that a no-deal Brexit was a distinct possibility only heightened these concerns.
It is often said that history repeats itself and where the housing market is concerned there is certainly truth in that statement, particularly when you look at the market in relation to major political events. For 2020, the question is will Brexit repeat or rewrite history for the property market?
Bill requires regular monitoring of supplies and shift from CAP-style subsidies but no gate on lower quality imports
Average house price in November shows biggest jump since February, says Halifax
Buyers spent a total of £2.06 billion on super prime properties in London in the year to May 2019.
This was marginally higher than a figure of £2.05 billion in the previous 12 months, according to super prime sales market insight report for Winter 2019 from international real estate firm Knight Frank.
A brand new survey has highlighted British attitudes towards selling and buying their homes in the lead up Brexit since the referendum.
The majority, some four fifths of property investors consider international buyer interest to be key in boosting property prices, according to new research.
Weak pound means overseas tenants able to increase budgets, says Knight Frank
"Over the past three years, there has been a general slowdown in UK house price growth, driven mainly by a slowdown in the south and east of England," said Yael Selfin, chief economist at KPMG UK.
Government intervention and Brexit uncertainty has subdued the growth of the private rented sector (PRS) in Britain which has expanded by just 0.2% a year with 5.4 million properties, according to a new analysis.
There has been a renewed deterioration in residential property sales expectations in the UK over the near term, with Brexit uncertainty being a significant factor, the latest market survey shows.
Average house price dips to £216,096, says Nationwide, as buyer activity stalls
Analysis by accountancy firm suggests nationwide decline of about 6% in 2020
A no-deal Brexit could cost the farming industry £850m a year in lost profits, new research seen by the BBC suggests.
The government is planning to create up to 10 free ports across the UK after Brexit.
They allow firms to import goods and then re-export them outside normal tax and customs rules.
Property firm blames Brexit uncertainty for putting off would-be buyers
Enthusiasm among international investors for the UK commercial property market has continued to wane over the past quarter, with sentiment moving towards France and Germany.
CBI warns uncertainty is crippling UK economy with country at risk of lagging behind G7 competitors
The prime property market in London held firm in the second quarter of 2019 while regional areas saw price growth, narrowing the gap with the capital, the latest analysis shows.
Opt in here