After the political upheavals of 2016, a period of profound social and economic change is upon us. John Stepek looks at the big trends investors must be ready for next year.
Britain's house price bubble
UK house price indices
The Halifax and Nationwide indices are based on each lender's mortgage approvals, and exclude cash sales. Both are 'seasonally-adjusted' – the market is slower in winter and busier in spring. The Rightmove index is based on sellers' initial asking pricess, and the DCLG (Dept for Communities and Local Government) index is based on data including house prices, mortgages, transactions and land prices.
From Merryn's blog
Stamp duty is one of the worst taxes we have, says Merryn Somerset Webb. Philip Hammond should replace it with an inflation-linked capital gains tax on primary homes.
The gap between London property sellers’ hope and reality is widening, says Merryn Somerset Webb, as property sellers wake up to a market slowdown.
The government has given another clear signal that it has the buy-to-let business firmly in its sights. Avoid at all costs, says Merryn Somerset Webb.
A new report warns that recent changes to buy-to-let rules mean London house prices are about to get hammered. John Stepek explains why.
If you’re looking for value in UK property, the pickings are slim – prices are soaring back to unsustainable levels, says John Stepek.
Surveyors are predicting a fall in UK houses prices as the London luxury market falters. But don’t get your hopes up. It’s not the start of anything big.
If house prices in Britain do hit the skids, it won’t be because of the EU referendum vote, says John Stepek. The causes will be much closer to home.
In February, investors pulled more cash from commercial property funds than in any month since 2008. Natalie Stanton investigates why.
It might appear that a shortage of new houses to blame for Britain’s high house prices. But that’s not the real reason, says Edward Chancellor.
Despite the drawbacks, buy-to-let property is still very popular. But if you want lower prices and higher yields, says Merryn Somerset Webb, put off buying for a few years.
Last week’s Budget contained yet more bad news for the buy-to-let sector. Big landlords will now be subject to the new “second home” stamp duty surcharge of three percentage points.
With buy-to-let property becoming less and less appealing, landlords are hunting around for other options – such as holiday lets. But are they worth it?
There’s one area that may be flashing a warning sign for the rest of London’s red hot housing market, says Matthew Partridge – new-builds.
Why you shouldn’t buy London property
If you’re thinking of investing in property in London, please think again.
A property price crash in London is imminent. And it could leave you seriously out of pocket.
‘London’s Pending Property Crash,’ is a free, exclusive investment briefing that will alert you to the dangers ahead.
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