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BloglinesContents of UK Market Comment Category
Stock Levels in Central London Fall By 27% in One Year
February 19th, 2010
Winkworth figures taken from its website reveal that stock levels in central London fell by 27% between January 2009 and January 2010. However, stock levels rose by 1% from December 2009 to January 2010.
Read on to find out more about the central London property market…
Posted in Property Market Comments, Property-related News, UK Market Comment, UK Press Releases, Uncategorized
Winkworth Responds to the OFT’s Study into Home-Buying
February 18th, 2010
The Office of Fair Trading (OFT) has released a study into home-buying in the UK. Research conducted as part of the study showed that the housing market remains dominated by traditional estate agents and innovation in the industry is needed. However, overall satisfaction with estate agents has improved in recent years and where there are problems with transactions, consumers generally do not think the estate agent was at fault.
Hugh Dunsmore-Hardy, Legal and Compliance Director at Winkworth Franchising Ltd, responds to key findings in the study.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Dominic Agace, CEO of Winkworth PLC, Comments on the End of the Recession
January 27th, 2010
Dominic Agace comments on figures released on 26 January 2010 showing that Britain has finally come out of its deepest recession since the 1930s – and how this will affect the property market.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Stock Levels Rise for Pre-Christmas Market, but not in Prime London
December 14th, 2009
Data from winkworth.co.uk reveals that stock levels peaked in October this year. It would appear that a number of sellers decided to put their property on the market in October, in order to sell before Christmas. In comparison, stock levels in Central London, although they rose slightly in October, have remained at relatively the same level since April this year.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Winkworth Responds to Pre-Budget Report 2009
December 10th, 2009
Following the Chancellor’s pre-Budget Report yesterday, Winkworth comments on the effect the ‘super tax’ on bonuses and the end of the Stamp Duty holiday will have on the housing market.
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Market Comment – Winter 2009
December 7th, 2009
Expert spokespeople from across the Winkworth network comment on the current state of the UK and European property markets and give their thoughts on the outlook for the coming months.
Read on to find out more about the property market in your area…
Posted in Industry-related News, International Market Comment, Property Market Comments, UK Market Comment, UK Press Releases
Return of the First-Time Buyer
November 11th, 2009
Winkworth estate agents across the UK have reported a resurgence in demand from first-time buyers. A straw poll of UK Winkworth agents revealed that the average percentage of first-time buyer enquiries fell by 55.8% to 19% in 2008. The percentage of enquiries from first-time buyers has now returned to 32%. We look into the reasons as to why this might be…
Posted in Industry-related News, Property Market Comments, UK Market Comment, UK Press Releases
Will the End of the Stamp Duty Holiday Hamper Recovery?
November 6th, 2009
The Stamp Duty holiday, which means buyers don’t have to pay stamp tax if the property they purchase is under £175,000, will be over at the end of this year. The 1% tax will be levied on properties sold for over £125,000 from the end of the year, compared with £175,000 now. The Government brought [...]
Posted in Industry-related News, Property Market Comments, Property-related News, UK Market Comment, UK Press Releases
Central London Sales Market: Houses Making a Recovery
October 6th, 2009
Research conducted by Winkworth shows that the Central London sales market is on the road to recovery. Winkworth Price Guides from April 2008 to September 2009 demonstrate the deceleration of decline and, in some cases, rise in prices.
Posted in Industry-related News, Property-related News, UK Market Comment, UK Press Releases
Market Update – September 2009
September 19th, 2009
The autumn months are traditionally some of the busiest for the UK property market; the summer holidays are over, the children are back at school and people want to move home before Christmas. But, the last year has been far from typical. So, we asked a selection of our agents to tell us what’s been happening in their local market and whether or not they think there is hope of a recovery as we enter this crucial time of year for business. Read on to find out what they had to say…
Posted in Property Market Comments, Property-related News, UK Market Comment, UK Press Releases