Hints and tips:
...Tom Bill, head of UK residential research at estate agency Knight Frank, said: “The economic data has fluctuated since Christmas but the direction of travel for the housing market is up as mortgage rates...
...Tom Bill, head of UK residential research at Knight Frank, said: “Speculation is turning to the timing of a bank rate cut rather than the size of the next rise, providing a boost to sentiment that means...
...Simon Rubinsohn, chief economist at Rics, said: “The medium-term outlook [for the housing market] is looking a little more settled, helped by the perception that the interest rate cycle may be near the peak...
...Tom Bill, head of UK residential research at estate agent Knight Frank, said October “was undoubtedly a bad month for the UK property market”....
...But Simon Rubinsohn, chief economist at RICS, says other macroeconomic factors are more likely to be holding the market back — especially in those areas of London beloved by bankers, such as Greenwich....
...I remember people coming in with sacks of unopened bills and letters from creditors. They would burst into tears.”...
...While those buying properties over £937,000 face higher tax bills, most purchases will see costs slashed, which economists expect to boost the number of transactions....
...“Whatever supply measures the government puts in place, there is going to be an ongoing housing shortage and that will continue to squeeze house prices and rents upwards,” said Simon Rubinsohn, Rics chief...
...Simon Rubinsohn, Rics: In many parts of the country the housing market is only just beginning to recover after a long period in the doldrums....
...Simon Rubinsohn, Rics: Households will start to feel better but, for good or ill, part of the reason for this is likely to be linked to the stronger tone to property market....
...Simon Rubinsohn, Royal Institution of Chartered Surveyors: For many across much of the UK the answer is clearly a resounding yes....
...Simon Rubinsohn, Royal Institution of Chartered Surveyors: Clearly it is one of a number of factors that help to explain events over the past few years....
...The Energy Bill may receive Royal Assent, but it will not result in a stable energy policy framework even after 12 years of reviews and white papers....
...In contrast, Type 1 packages of tax cuts, public consumption reductions, tight control of welfare bills and no public investment cuts are normally associated with positive output surprises and an improved...
...Simon Rubinsohn, Royal Institution of Chartered Surveyors Hard to assess the impact of deflation....
...The UK will lag behind because the cuts in energy bills arrive far later than in the US....
...Some items, such as train fares (and I think all utility bills) are linked to RPI, and yet the BoE has to target CPI....
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