- Date of Article
- Jun 10 2015
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10 June 2015, It has been a fascinating first half of the year as the country adjusts to the unexpected result of the General Election and the appointment of a new government. Now, with a Conservative majority, the approach is likely to be a continuation of what we have seen over the last five years. The country should now be entering a period of market stability and expect some assertive action from the government in terms of addressing the current undersupply of new homes.
In this issue of Residential View we consider the London markets: Super Prime, Prime Central London and Outer Prime; three areas where we are reporting differing capital values and rates of rental growth. Outside of London, comment on the farmhouse and country house markets is provided to demonstrate key trends which are evident within the market.
We take a closer look in our ‘areas of interest’ section at the UK Government’s Help-to-Buy scheme, questioning whether or not the Equity Loan element has in fact boosted new home supply. The other features at the end of this report explore the reasoning behind buyer preference for apartments rather than houses in Prime Central London and discuss the introduction of the Cities Devolution Bill and the implications for the residential property market over the next six months.
We do hope you enjoy reading our latest research and features. Should you require any further information or advice on your property asset, please get in touch with the residential team or one of our research specialists, whose details can be found at the back of this report. We would be delighted to help you.
The report is available for download here.