With Standard Life banning withdrawals from its UK real estate fund, could Britain’s commercial property market be about to crumble? John Stepek looks at what it means for you.
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.
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.
House prices in London are well above their pre-2008 peaks. But it looks like things are about to change. Matthew Partridge explains what’s in store for London property.
Property crowdfunding products aimed at first time buyers don’t help anyone, says Merryn Somerset Webb. They just add an extra slice of personal financial risk.
The future for London house prices is very clear, says Merryn Somerset Webb: they will crash.
The chancellor has made it clear that he has buy-to-let investors firmly in his sights. John Stepek explains what it means for the economy, and for the property market.
Swiss bank UBS has compiled an index of the most bubbly housing markets in the world. No prizes for guessing who comes top.
Business is booming for housebuilders, with over 150,000 homes built last year. John Stepek looks at what that means for Britain’s sky-high house prices.
If there is going to be a house-price crash, the ‘artificial’ market of London new-build property is where it will start. Dominic Frisby explains why.