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Autumn Statement 2022 – Impact on the property sector

The Autumn Statement delivered by the UK government – one of the largest series of fiscal announcements for some decades – was previewed as one involving difficult decisions, higher taxes and public spending challenges. For once, perhaps, the spin doctors’ previews were not off the mark. The Chancellor – Jeremy Hunt – made clear that …

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Increasing demand from overseas buyers taking advantage of the weak pound

It’s no secret that the UK has seen its share of political upheaval over the last few weeks.  But as we see a new Prime Minister, Rishi Sunak, taking the reins at Ten Downing Street and bringing stability and confidence to the UK once again, many overseas investor clients have been reviewing their portfolios and …

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Peak season for rental demand in London

Demand for rental properties in London has remained at an all-time high over the last few weeks, intensified by seasonal market pressures; international students have moved to the Capital for the start of the autumn term, new graduates are moving here to start their careers and corporate relocations are picking up dramatically, now that Covid …

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Buyer demand remains resilient in North-West London

The last few weeks have seen economic and political uncertainty in the UK – thankfully an unusual occurrence.  But with the appointment of a new Prime Minister, Rishi Sunak, we look forward to greater stability.

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Hong Kong buyers remain a driving force in the London property market

The last few weeks have seen some political turmoil in the UK but when it comes to London property, one driving force in the market has remained strong – Hong Kong and Chinese buyers. 

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Introducing North West Quarter, NW6

There are some areas in London that can take you completely by surprise as regeneration transforms them into exciting new places in which to live and work.

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London rental market hits record rents amid property shortage

At the moment, more people want to live in London than there is available property and we are slap bang in the middle of a red-hot rental market where demand for rental properties is the highest we have EVER seen and this is leading to rents increasing across the board. There are many driving factors …

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The Elizabeth line – A 21st century growth model

The much-heralded Elizabeth line (also known as Crossrail), positions an already world-class transportation system firmly at the centre of a growth template that stretches into the 21st Century and beyond. Overview (opening & route map) In terms of sheer impact and reach, the Crossrail project vastly outstrips anything that has come before it on the …

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Weak pound will continue to stimulate activity among overseas buyers

A somewhat turbulent end to September (to use the Government’s own description) finds the London property market having to deal with the opposing forces of stamp duty cuts and interest rates increases. The stamp duty tax cut announced on the UK Government’s recent ‘mini-budget’ will raise the threshold at which the levy becomes payable from …

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The mini-budget – the new UK government’s plan for growth

The new Chancellor of the Exchequer, Kwasi Kwarteng, spoke for only 25 minutes today but effectively turned the recent history of British tax policy on its head. Kwarteng says there are three economic priorities for the new government – Reforming the supply side of economy, responsible public finances and cutting taxes to promote growth. The …

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Larger homes driving forward the North-West London property market

The ‘race for space’ continues to drive forward demand for homes in North-West London, particularly in areas such as Hampstead, Highgate and Dartmouth Park.  The residential property market remains strong and enquiry levels are high, despite wider economic concerns about the energy crisis and rising inflation. Large family homes with gardens and large garden flats …

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Demand for London property remains steady as buyers re-assess homes and lifestyles

We’re seeing good demand from domestic buyers looking to find a new home, as London’s professionals continue to re-assess their lifestyles and adapt to new post-Covid ways of living and working.  We usually see a lull in demand during August, but this year enquiries have remained steady, possibly due to the continuing rush from buyers …

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