A brief guide to the budget

Overall the Budget was helpful for the housing market, although we could always ask for more. The change in stamp duty lifts the vast majority of first time buyers out of the tax and that will help to encourage more activity in the market. But movers also suffer from the tax and it would have … Read more

International Buyers

International buyers have traditionally seen the UK as a safe haven to invest in property.  They’ve seen prime UK property perform better than many other assets and also property in other major cities across the globe.   International buyers have historically bought in prime central London, but today they’re increasingly looking beyond the most expensive … Read more

Inflation? Which Inflation

We all know that inflation is rising – largely because sterling has fallen against other currencies, making imports more expensive.  We import quite a lot so it adds a fair bit to the average inflation rate.  But which inflation rate?  There’s RPI – the retail prices index; CPI the – consumer price index and now … Read more

First time buyers face more problems

There have been numerous reports out this week showing that first time buyers have seen a steep rise in property prices. Rightmove have stated that the average asking price for a first time buyer property (with 2 or less bedrooms) has risen by 3% during September. In contrast to this figure, the annual verage price growth across all property types … Read more