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Emergency Budget 2010: A lost opportunity?
23rd June 2010My initial feeling on the Chancellor’s Emergency Budget of 2010 was one of a lost opportunity. I think the news management by the Government over the last couple of weeks was very successful and my personal feeling was that the pain was not as much as I had anticipated. I was sure that Capital Gains … Continue reading "Emergency Budget 2010: A lost opportunity?" -
Conflicting messages for housing market
16th June 2010Two reports today show conflicting messages about the housing market. The Department for Communities and Local Government said prices in April were 10.1% higher than a year ago. This ties in with the increased demand that is starting to filter through in terms of transactions. However, separate figures from the Council of Mortgage Lenders show … Continue reading "Conflicting messages for housing market" -
Property Market Booms
11th June 2010I apologise for the delay in getting this blog to you, but this is probably the best example of the increase in activity in the property market that has been seen by me since the beginning of April. At the start of the year I had been predicting growth in terms of the number of … Continue reading "Property Market Booms" -
HIPs: The end of the road?
24th May 2010Now that the new Coalition Government has settled in, I was interested to note that one of the first steps that has been proposed is to repeal the Home Information Packs. The details are still a bit unclear and it may be that the HIP is being repealed down south with the Energy Performance Certificate … Continue reading "HIPs: The end of the road?" -
House price inflation hits 10.5%
6th May 2010The recent Nationwide house price survey indicates that house price inflation has hit 10.5%. Regular readers of this blog will know of my disdain and concern for house price surveys given their tendency to paint a misleading picture and also not to accurately show the basis on which they are benchmarking their headline. However, it … Continue reading "House price inflation hits 10.5%" -
Where there’s a Will, there’s a way
30th April 2010I was interested but not surprised to see the recent survey from Barnardo’s regarding the number of people in the UK that do not have Wills. Whilst it is very important for all adults to have Wills, this is particularly important if you own your own property. Having a Will in all cases makes it … Continue reading "Where there’s a Will, there’s a way" -
Election effect on property market
21st April 2010Recently I was asked what effect I thought the General Election would have on the property market. The question was brought about by the heady excitement and much discussion of the recent leaders’ debate. My experience is that after a very slow start in January and February, the number of properties coming on to the … Continue reading "Election effect on property market" -
Dundee: A property investment capital?
8th April 2010In 2003 a newspaper carried the headline that Dundee was the property investment capital of Western Europe. Low entry prices, strong demand from tenants, good gross rental yields compared to price all contributed. This trend continued but as prices carried on their rise and rent stayed the same, yields dropped and with the credit crunch … Continue reading "Dundee: A property investment capital?" -
Green shoots of recovery?
2nd April 2010Last week I was at the Council of Mortgage Lenders Annual Lunch. The keynote speaker was Bill Jamieson from the Scotsman. Bill’s talk was informative, enlightening and enjoyable to listen to. As well as discussing the economy he also made the point that housing market surveys are easily manipulated and they do not always paint … Continue reading "Green shoots of recovery?" -
Budget 2010: A property market perspective
25th March 2010I do not think yesterday’s Budget went far enough to bolster the property market nor to help the first time buyer. Whilst the changes to the Stamp Duty threshold are welcome, as with everything the devil is in the detail. I would have preferred a much bolder approach from the Chancellor exempting all property transactions … Continue reading "Budget 2010: A property market perspective"
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