House prices continue to tumble as stock levels stack up

The latest data and analysis from Home.co.uk covering asking prices in September has found that the average price of a home in the UK fell further this month as the slowdown appears to be tightening its grip. According to Home’s figures, price falls across most English regions have dragged the average for England and Wales down a further 0.3%, and both mean and median marketing times are longer than a year ago. The scale and scope of the downturn are both increasing, in line…

House prices would crash back to 2004 levels if Carney’s prediction came true

New research from online estate agents, Housesimple.com, has revealed that in the event of a ‘No-Deal Brexit’ average UK house prices could fall back to levels not seen since 2004. Bank of England Governor, Mark Carney, has warned ministers that, should no deal be reached on our exit from the EU, house prices could slump 35% over the next three years. According to the latest Land Registry figures, the average UK house price in June 2018 was £228,384. If prices fell by as…

Network Auctions announce multi-county sales success

Network Auctions’ 12th September London ballroom sale has proven a hit with regional and capital buyers selling lots in 19 different counties from Merseyside to County Durham, West Midlands to London and West Glamorgan to Devon. Toby Limbrick, director said, “We’re delighted with our results which proves our belief in Local Expertise – National Coverage. This sale saw plenty of locals competing against London investors and that’s the right way to achieve the best price.” Key highlights from the sale included a two-bedroom…

Barclays announce cuts to BTL fees

Barclays has announced today that they have reduced rates across across their residential and buy-to-let ranges. The lender confirmed that it has also cut all £1,950 buy-to-let fees to £1,795 as well as removing the ERCs on the majority its fee based tracker products. According to Barclays, new 95% LTV rates now include a two-year fixed rate at 3.06% with a £999 product fee or 3.20% fee-free. Five-year fixed rate Help to Buy products have seen reductions of up to 13bps and…

Rightmove: Signs of a London recovery?

The latest data and analysis from Rightmove has revealed that, after years of price falls in parts of London, there are signs of renewed buyer activity at the upper end, with a 6% rise in number of sales agreed for homes of £750,000 and over compared to same month last year. Rightmove data shows that the price of property coming to market has risen by a national average of 0.7% (+£2,088) this month, which is the same as the average monthly increase in September…

London rents are falling down | London rents are falling down

Newly released figures from Hamptons International have shown that despite 21% fewer homes available to rent than last year in the capital, rents on newly let property has fallen for the third consecutive month. Aneisha Beveridge, Analyst at Hamptons International, explains: “Despite low stock levels, rents on newly let properties (i.e. homes advertised on the open market to let) fell in London for the third consecutive month. Moving is costly for both tenant and landlord. In a period of uncertainty, where tenants’ incomes and…

House price growth remains steady for third month

The latest data and analysis from LSL has revealed that house price growth has remained steady at 1.8% for the third consecutive month. According to the report, monthly prices rose modestly in August, rising just 0.1%, but it is enough to put an end to consistent falls seen every month since March. Regional variances are still very evident. Annual price increases, by contrast, remain steady, holding at 1.8% for the third month in a row. That’s up from a 1.7% annual increase in…

What do the ‘no deal’ notices tell us about Brexit and health?

Sarah McCloskey and Professor Tamara Hervey, University of Sheffield The clock ticks towards Brexit Day and time to devise an agreement dwindles. The odds on reaching one are said to be at 50:50. This means increased incentives for both the UK and the EU to set out exactly what the implications of the UK leaving the EU without a legally binding Withdrawal Agreement (‘no deal Brexit’) would be. The EU began doing this in January 2018, through a series of ‘Brexit preparedness notices’. The UK issued its equivalents in August. Here…

Association for the Study of Law, Culture, and the Humanities (ASLCH) @Law_Cult_Huma

From The Association for the Study of Law, Culture, and the Humanities (ASLCH): We are pleased to announce that the Twenty-Second Annual Meeting of the Association for the Study of Law, Culture and the Humanities will be held at Carleton University, Ottawa, Canada on March 22-23, 2019. The event is co-sponsored by The Pauline Jewett Institute of Women’s and Gender Studies, Carleton University and the University of Ottawa. Information regarding the pre-conference Graduate Student Workshop will follow shortly.We welcome quality proposals on any topic related to law and legal studies. We warmly…