Tag: london house prices
over 1 year ago
cityam.com

Londoners face unprecedented rent increases in 2023 as mortgage rates for landlords skyrocket

Tenants are struggling this January. Along with the rest of the nation, they’re dealing with a cost of living crisis,...

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almost 2 years ago
cityam.com

Exclusive: Bank of England is 'taking money from homeowners to curb inflation'

HOUSE prices will soon start to “flatline” following years of double digit rises, a leading property association clai...

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almost 2 years ago
cityam.com

Nervous homeowners on edge as mortgage rates hit highest level since 2016 with market fading fast

The latest Bank of England data found last week that net borrowing of mortgage debt by individuals decreased to £5.3b...

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almost 2 years ago
cityam.com

No property policies: Lack of housing ideas from Truss and Sunak branded 'deeply alarming'

Rishi Sunak and Liz Truss need to put tackling the housing crisis at “the top of their list” if they become Prime Min...

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about 2 years ago
cityam.com

Chaos in south-west London as multiple streets are flooded while 70 firefighters rush to Kingston

Several streets in south-west London have flooded following a burst water main. Around 70 firefighters and 10 fire en...

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about 2 years ago
cityam.com

Property prices to smash through £300,000 mark by next month, industry expert predicts

AVERAGE property prices will smash through the £300,000 mark by the end of the Summer, an expert said today. Latest d...

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about 2 years ago
cityam.com

No Brexit exodus: Foreign homeowners sit on £45bn worth of property in London alone

It has been revealed this morning which areas of the property market are home to the highest value of homes owned by ...

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about 2 years ago
cityam.com

If money was no object: The City is by far Londoners' most desirable borough

One in five Londoners would want to live in the City, with the figure rising to 28% among those aged 18-34, according...

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about 2 years ago
cityam.com

Run on equity release: Cash tied up in properties fund £1 in every £90 spent by retired Brits

New analysis shows this morning that equity release finances around £1 in every £90 spent by retired Brits. Total ret...

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about 2 years ago
cityam.com

UK mortgage arrears hit highest level in more than 12 years as debts to banks creep past record £2bn

The value of mortgage arrears in the UK has reached its highest level since 2010, with £2.05bn of mortgage debt delin...

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about 2 years ago
cityam.com

Middle class stampede for equity release as Brits use their property as ATM by withdrawing billio...

UK homeowners have already released equity to the tune of £1.4bn so far this year, with this figure estimated to hit ...

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about 2 years ago
cityam.com

UK house price skyrockets to record £289k: 'Any mutterings of a market crash are greatly exaggera...

The average UK house price hit a record high of £289,099 in May, but the pace of growth in values is slowing, accordi...

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about 2 years ago
cityam.com

Exclusive: £130m worth of homes left empty in London alone with record 87,731 vacant properties

It has emerged that the value of vacant homes in London equates to over £130m. London has a total of 87,731 vacant ho...

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about 2 years ago
cityam.com

London is back on the global property radar as foreign home buyers shrug off Brexit and stamp dut...

International buyers are returning to the London property market after three consecutive years of declining market ac...

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about 2 years ago
cityam.com

London average hits £440k: First-time buyers in for a shock as house prices for newcomers rise £2...

While celebrities can often be seen splashing millions of pounds on their first homes, the average first-time buyer (...

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about 2 years ago
cityam.com

The Elizabeth line effect: House prices along Crossrail skyrocket by as much as 215 per cent

With the initial launch of Crossrail imminent, it has emerged that postcodes with stations due to benefit from Crossr...

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about 2 years ago
cityam.com

London is back: Influx of new residents picks up as 1 in 3 homes are let to tenants from outside ...

It has been revealed that nearly three in every 10 homes let in London so far this year have gone to people who were ...

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about 2 years ago
cityam.com

Half of all £1m+ UK property sales are in London with not Chelsea but Wandsworth leading the pack

Despite a more lethargic pandemic property market performance, London remains by far the most prestigious pocket of t...

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about 2 years ago
cityam.com

Property heavyweight slams housing reforms in Queen's Speech: 'Nothing new - simply old policies ...

The Queen’s Speech will do little to solve Britain's housing crisis, a leading property association shared with City ...

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about 2 years ago
cityam.com

Lack of properties in London's poshest postcodes sees rental prices soar

The cost of renting a property located in one of London’s most prestigious postcodes has jumped 28.3 per cent over th...

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about 2 years ago
cityam.com

Post-pandemic rental yields climbing with SE17, NW3 and E7 leading: 'Naive to think renters would...

London rental yields are still on the rise after a temporary pandemic slump, with southern areas providing particular...

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about 2 years ago
cityam.com

Today's interest rate hike may hit mortgage holders hard, warns IFS director ahead of BoE announc...

Paul Johnson, director of the Institute For Fiscal Studies, warned this morning of the impact on people’s mortgages o...

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about 2 years ago
cityam.com

7 in 10 first-time buyers forced to delay property purchase as cost of living crisis drains home ...

A staggering 70 per cent of potential first-time buyers looking to buy in the next year or two have decided to delay ...

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about 2 years ago
cityam.com

Exclusive: London tenants should brace themselves for rent increase of more than £1,000 this year

Millions of Londoners who currently rent in the capital face an increase in their housing costs of more than £1k this...

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about 2 years ago
cityam.com

Prime London house prices skyrocket by as much as 114 per cent as homebuyers flock back to the ca...

While prime London property prices have remained largely flat on a year on year basis, life is starting to return to ...

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about 2 years ago
cityam.com

First-time home buyers fall victim to pandemic property boom as they now have to stump up £33k mo...

How much worse off are Britain's first-time buyers now the pandemic starts to settle? Quite a bit, as it turns out, l...

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over 2 years ago
cityam.com

Knight Frank: UK house price growth will peak as cost-of-living climbs

UK house price growth is thought to have peaked and will begin its descent away from record figures as the cost-of-li...

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over 2 years ago
cityam.com

Number of properties available for purchase before being constructed soaring to levels 'never wit...

Record numbers of homes sold will be “off plan” by the end of the year, a property group told City A.M. this morning....

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over 2 years ago
cityam.com

Home buyer demand bouncing back across UK with Blackpool, Swindon and Newcastle leading the pack

Zoopla this morning said the supply of homes being put up for sale generally is building momentum, although the overa...

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over 2 years ago
cityam.com

Home buyers face stamp duty of up to 881 per cent higher thanks to holiday

Since the pandemic-inspired stamp duty holiday came to an end, the amount of SD the average homebuyer in England is n...

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over 2 years ago
cityam.com

House prices increase at fastest annual pace since 2007 as property values jump by almost 11 per ...

House prices increased at the fastest annual pace since 2007 in February to reach a new record high, according to an ...

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over 2 years ago
cityam.com

As first time buyers save for an average of four years, half of them give up on ownership dream

First-time buyers are saving for an average of four years in order to raise the deposit to get on the property ladder...

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over 2 years ago
cityam.com

UK home to fourth largest rental market trailing US, Germany and Japan

When it comes to the total volume of privately rented properties, the UK ranks fourth in the global rankings, with ju...

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over 2 years ago
cityam.com

Exclusive: Mortgage guru Colin Bell on why the fiercely competitive market is ready for a 50 year...

Following the Bank of England's recent interest rate rise and all the implications it has for the property and mortga...

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over 2 years ago
cityam.com

9m bedrooms have vanished as nearly half of all homeowners change property to suit post-pandemic ...

Close to nine million bedrooms have been “lost” as people have adapted their homes during the coronavirus pandemic, a...

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over 2 years ago
cityam.com

London house hunters face fierce bidding wars as property market set to become hyper-competitive

House hunters wanting to buy a property in London this year are likely to face more competitive market conditions tha...

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over 2 years ago
cityam.com

Londoners spend up to 72 per cent of their entire income on simply getting by in the capital

London renters are forking out up to 72 per cent of their monthly household income simply to get by in the capital's ...

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over 2 years ago
cityam.com

First-time buyer hell: The London areas where you pay more than £20k per square meter

New research has revealed the most expensive areas for homebuyers in the UK. The area where your money will get you t...

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over 2 years ago
cityam.com

Nine out of ten Londoners can no longer afford the rent, insurance giant Admiral warns

Insurance giant Admiral has warned that nearly nine out of ten Londoners can no longer afford the average cost of ren...

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