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UK house prices hit 14-year record, while London annual growth lags behind

London houses now average £500,000, as UK-wide prices rise at fastest rate in 14 years Multiple national lockdowns have spurred many homeowners and potential buyers to revaluate their needs when it comes to house buying. UK house prices surged at their fastest rate in almost 14 years over the past year, while London’s homes remained the priciest of any region despite the lowest annual growth. Stoked by the extended stamp duty holiday, the capital’s house prices at an avera...
United Kingdom City Of Nick Barnes Nick Leeming Howard Archer Office For National Statistics
Source: cityam.com

Housebuilder Vistry's profits to smash expectations

Share Vistry has also been a beneficiary of the Help to Buy scheme over the past years, and said it has seen good demand so far for the revamped scheme, which is now available only to first-time buyers.  In light of the strong performance to date and with a forward book of £2.7billion, Vistry now expects pre-tax profit for 2021 to be around £325million, up from previous guidance of at least £310million.  Chief executive Greg Fitzgerald said: It has been a very positive start to the year wi...
United Kingdom Housebuilder Vistry Greg Fitzgerald Vistry Group Bovis Homes Anthony Codling

Jeff Fairburn could cash in again after Avant Homes takeover

First published on Fri 23 Apr 2021 13.19 EDT Jeff Fairburn is back. The former boss of housebuilder Persimmon exited stage left in 2018, after he and his proposed £110m bonus had become a lightning rod for public outrage over the outsized profits being made by developers exploiting government loans to buyers of new-build homes. On Wednesday, the 54-year-old executive returned to the headlines, with the takeover of a developer based in the east Midlands. In a deal funded by a US private equity ...
United Kingdom Northern Ireland Jeff Fairburn Clive Betts Berkeley Deveer Neal Hudson

Speed of vaccine rollout to determine real estate recovery, says real estate dealers

Speed of vaccine rollout to determine real estate recovery, says real estate dealers PUBLISHED BY According to international real estate company Savills, homeowners, companies, and infrastructure builders were all holding back making construction and buying decisions during the Pandemic. “The pace and efficacy of mass vaccination programs and consequent release from lockdowns and travel restrictions will dictate the rate at which transactional markets recover from here,” said Savills, an ...
United Kingdom Chris Glynn Mark Ridley Savill United Kingdom Anthony Codling ஒன்றுபட்டது கிஂக்டம்

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End of stamp duty holiday may trigger drop in house prices, experts say

End of stamp duty holiday may trigger drop in house prices, experts say Property experts have claimed that house prices could drop by up to 5% this year as the duty holiday ends – but 100,000 deals could fall through 10:30, 19 FEB 2021 Property prices have experienced a mini boom during lockdown which is set to fall (Image: AFP via Getty Images) Sign up for Daily Star Hot Topics newsletter for the most exciting real life, fashion and sex tips HOT off the pressInvalid EmailSomething went wrong...
United Kingdom Paul Stockwell Gatehouse Bank Office For National Statistics Daily Star Hot Topics Right Move

Will there be a house price crash when the stamp duty holiday ends?

As the property market heads towards the cliff edge of the end of the stamp duty holiday, it is becoming clear that the landing is likely to be softer than first thought.In January the housing market
Royal Institution Of Chartered Surveyors Land Registry Anthony Codling Royal Institution Chartered Surveyors அரச நிறுவனம் ஆஃப் பட்டய சர்வேயர்கள்

What does Brexit deal mean for house prices?

| UPDATED: 14:18, Thu, Dec 24, 2020 Link copied Sign up for FREE now for hacks, market analysis, inspiration and more SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The UK and European Union (EU) are on the cusp of signing a...
United Kingdom Bruxelles Capitale Chris Evans Martin Roberts Jason Harris Cohen Boris Johnson

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