Brexit
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Latest property news
Brexit planning + recession planning + proportunity
New data from fintech company Proportunity shows London’s best spots to buy property if we slide into a recession. After crunching the data, they found that London hipster hotspots such as Hackney and Haringey and Newham will be resilient to any potential Brexit-induced house price dip. Proportunity offers Help to Buy-style loans for first-time buyers – available to all properties, not just new builds and their data platform can assess whether a property is overvalued or undervalued, helping customers find hidden gems. Outer London boroughs such as Bexley, Havering and Richmond were most vulnerable. Instead, first-time buyers in London should look to Camden, Hackney, Haringey, Newham, and Tower Hamlets for properties likely to withstand any Brexit-induced price dip. The top five factors behind poor price performance are: Below average percentage of new builds sold Large millennial population Lower retired and baby boomer population Proximity to popular train stations Higher than average flat prices Using these five metrics, along with other indicators such as transactions, crime rates, average number of rooms and the amount of residential floor space within a borough, Proportunity created a price resiliency index to help first-time buyers find recession-proof pads in the capital. The findings reveal that…
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Features
Election time – will change come?
Every time we think we might be getting closer to getting back to a more normal life in the UK, something else happens to upset the apple cart again, says Frances Burkinshaw, but could things change?
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Latest property news
Orderrrr! What former Speaker of the House John Bercow really thinks now he’s free
Freed from the shackles of office, Bercow told a packed room at The Negotiator Conference on Friday his views on Brexit, the General Election and accusations that he was not impartial as a speaker.
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Latest property news
What Brexit? Harrods Estates sells £23.95 million semi in Knightsbridge to European investor
Central London estate agency pulls of coup and finds European buyer for converted and refurbished house in chi-chi Hans Town neighbourhood.
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Latest property news
Savills predicts post-Brexit housing market ‘bounce’ to start in 2021
Prediction is made at Savills report launch, despite Henry Pryor pouring scorn on anyone who makes housing market predictions in today's volatile political environment.
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Latest property news
70% of vendors don’t care about Brexit
Surprising research from Jackson-Stops among 1,100 clients finds a clear majority aren't bothered by the ongoing Brexit fiasco.
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Guest Blogs
Brexit vs. Bricks & Mortar
Leaving the EU without a deal will inevitably impact on UK house prices. However, understanding and predicting the scope of this impact is a whole other ball game...
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Features
Brexit means move… Brexit means stay…
Designs on Property tracks and summarises the property indices. Kate Faulkner says, “We currently have two types of buyers and sellers: those who wanted to move last year and now aim to move before Brexit – and those too worried to move at all, right now.
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Latest property news
Industry stars to gather today at Parliament to get their qualifications awards
Lord Best is hosting the annual Propertymark gala event at the House of Lords as the government prepares to introduce compulsory NVQ Level 3 qualifications.
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Latest property news
Will Brexit prevent estate agents working in the EU?
Bill put forward by the Prime Minister yesterday makes no mention of how Brexit will affect schemes such as the European Professional Card for estate agents.
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