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News Archive for August - 2017

Brexit and Election Result are Stopping People Moving

One of the country’s leading buying agents says over six million people are living in the wrong property because they are anxious about moving home in a period of political uncertainty.

James Greenwood of Stacks Property Search says historically the property market used to stagnate temporarily thanks to General Elections, Budgets and other major political events.

“But since June 2016 we have been in a permanent state of political ...

Massive Drop in Prime Central London Sales in One Year

Sales in prime central London in the year to the end of March are a huge 41% below the previous 12 months, according to an investment consultancy which has analysed Land Registry figures.

Despite this, average prices have recorded a slight increase despite Brexit and stamp duty, according to Central London Portfolio.

Average prices reached £1,914,789 following quarterly price growth of 4.6 per cent over the first three months of this ...