DOES THE BUDGET SIGNAL AN END TO AUSTERITY?
Philip Hammond used his Autumn Budget Statement to declare: “the era of austerity is finally coming to an end”. However, while the Chancellor did certainly loosen the purse strings, his bold pronouncement may be a little premature.
For full briefing click here. Economic Review October 2018
Property demand continues to slip lower
The latest Royal Institution of Chartered Surveyors’ (RICS) ‘UK Residential Market Survey’, concludes that demand for property slipped lower for a second successive month in September. They attribute this fall in demand to a combination of factors, including a lack of stock, the interest rate rise, economic uncertainty and affordability constraints. At a national level, RICS believe that house prices have been relatively unchanged over the last five months.
For full briefing click here. Residential Property Review October 2018
LEARNING TO BE A FINANCIALLY-SAVVY FAMILY
Some families have no problems openly discussing their finances, but for others it’s more of a challenge. The Money Advice Service says that 58%1 of parents report finding it difficult to talk to children about financial matters.
For full briefing click here. Your Money Autumn 2018
KEEPING YOUR FINGER ON THE PULSE OF THE GLOBAL ECONOMY
Keeping pace with global economic developments can be tricky. There’s a skill in blocking out all of the noise, political and otherwise, and focusing on the bottom line fundamentals. So, what do you really need to know as winter approaches?
For full briefing click here. Your Wealth Autumn 2018
Central London remains the hot-spot for global commercial investment.
Data recently released by Knight Frank outlined that the first half of 2018 saw commercial property investment in the UK total £6.89bn, surpassing previous expectations.
For full briefing click here. Property Market Review September 2018
GROWTH PICKS UP BUT BREXIT FEARS LOOM LARGE.
Although the UK economy recently recorded its fastest rate of growth in almost a year, Brexit-related uncertainties continue to cast a shadow over future growth prospects.
For full briefing click here. Economic Review September 2018
Timely spike in remortgaging ahead of base rate rise seen
Just ahead of the Bank of England’s decision to raise the base rate by a further 0.25%, the second quarter of 2018 saw over three quarters of remortgaging applications via intermediaries result in completion.
For full briefing click here. Residential Property Review September 2018
Prime UK commercial property rent values rise by 0.7%
Commercial real estate services and investment firm, CBRE, have announced in their latest Prime Rent and Yield Monitor, that UK prime commercial property rental values saw an increase of 0.7% in Q2 2018.
For full briefing click here. Property Market Review August 2018
INTEREST RATES UP BUT NO RUSH TO RAISE AGAIN
The Bank of England (BoE) has raised interest rates for only the second time in more than a decade, but stuck to its previous guidance that any further monetary tightening is likely to be only gradual and limited in extent.
For full briefing click here. Economic Review August 2018
Reduced supply means higher rents over next five years
The Royal Institution of Chartered Surveyors (RICS) latest survey indicates that rents could escalate by as much as 15% over a five year period, as a ’perfect storm’ of diminishing supply of rental properties, combines with increasing demand from tenants. RICS estimate that rents will increase by up to 2% over the next twelve month period alone.
For full briefing click here. Residential Property Review August 2018