March 2018


New housing construction 10-year high in UK

Builders registered plans to start 160,606 new homes, up 6 per cent from 2016 and the highest number since the latest recision hit the UK and the world. Construction companies and developers are having their best year in 10 years. Number of registered plans to start new housing construction is up by 6 percent from 2016. To tackle a shortage of housing Prime Minister Theresa May wants construction of...

London property market update

A 15% drop in house prices? Estate agency chain reports

One of UK's largest estate agency chain Your Move stats show a 15% drop in home prices in the past 12 months in Wandsworth. Other London boroughs have seen similar decrease in pricing over the last year as well. Since the start of this recision 10 years ago, house prices are falling the fastest this market has seen in the recent history. On average, prices in the capital were down 2.6% in a year...

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