http://www.londonpropertyadvisor.co.uk/blog Leading London estate agents blog Sun, 04 Jan 2009 11:00:10 +0000 http://backend.userland.com/rss092 en Owing to many difficult situations, there may be times that you have to wait, without rushing in for buying a new house. Depending on your financial status, it might be good if you decide to continue renting and then buy. The first thing to consider before buying is to be sure ... http://www.londonpropertyadvisor.co.uk/blog/2009/01/when-you-shouldnt-buy-a-house/ House prices slumped by 2.6% in November and according to Halifax, UK's largest lender, the fall in prices had made homes more affordable to buyers than at any point in the past five years, with the average price now just 4.65 times average earnings, compared with a peak of 5.84 ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/housing-market-house-prices-%e2%80%93-credit-crunch-%e2%80%93-recession/ According to the government's Communities Department, house prices in UK fell by 2.5% in October, raising the year-on-year rate of decline to 7.4%. Accordingly, the average price of a home is down by £203,539 - a fall of more than £12,000 in the six months from May. The Communities Department has ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/house-prices-property-2008/ House prices in UK have continued to fall in the midst of the credit crunch.  This fell over the last 12 months has been the biggest amount in 25 years and Economists predict that house prices will have much further to fall. According to Royal Institution of Chartered Surveyors (Rics), London's ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/house-sales-estate-agents/ From - Hurford salvi carr Research produced by London agent Hurford Salvi Carr in their Midtown, City and Docklands Residential Review 2008 reports that there is a strong chance that the number of property transactions will slowly start to increase in the second half of 2009. Buyers, many of who are currently ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/an-increase-in-house-sales-predicted-for-central-london/ 2009 is going to be the toughest year for the London city Property and national economy since the early 1990s slump. Headlines are likely to be dominated by job losses and it has been widely predicted that there will be an avalanche of profit warnings. A PACEC study for the ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/london-property-forecasts-for-2009/ From Hamptons International - Key Figures House prices have fallen by around -25% since the peak of the market last year (July 07) The top end of the market (£2m+) was initially more resilient. However, it has now fallen back in line with the mainstream market Sales applicant numbers have dropped by ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/uk-property-market-hamptons-international-2008-analysis-and-2009/ When we say aggressive, we mean that they are offering to buy bulk units in Midtown, City and Docklands at up to 40% below the developer’s or vendor’s asking price.We expect vulture funds to have limited success in 2009 in Midtown and the City, instead they will turn their attention ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/investment-market/ Under normal circumstances this surge in demand for rental property would have led to further growth in rent levels. That did not occur due to the parallel increase in the availability of stock to rent. This stock came from a number of sources: • Un-sold stock in the second-hand salesmarket, where owners ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/2008-rental-market/ In our half year Midtown, City (clerkenwell , Bloomsbury )and Docklands( limehouse , canary wharf ) Residential Review published in July 2008, we noted that conditions in the property and mortgage markets had led to the postponement of off-plan launches for new homes. Launches cannot be postponed indefinitely unless ... http://www.londonpropertyadvisor.co.uk/blog/2008/12/strong-locations-outperform-the-wider-market/