Abode2
Season of Change and Fair Exchange
The raking up of fallen leaves, long walks followed up by huge mugs of hot chocolate, log fires on chilly evenings.
In a period of seismic changes, a new monarch, a new prime minister, the most radical tax cutting budget since 1972 , it’s comforting to remember that some things in life stay the same.
How to secure a property bargain in this buyer’s market
Savvy property hunters may now be able to secure steep discounts on their purchases as chains break down and rising mortgage rates hit prices.
Barclays
What’s next for the UK luxury property market?
“With buyers and sellers still digesting what is going on, the UK housing market is a mix of those carrying on and those taking time to reflect – and mortgage status is playing a big part in that.”
Race for space is over, says buying agency
It was one of the key market trends to emerge during the pandemic, but a top buying agency has declared the “race for space” to be over.
Foreign buyers are swooping in to snap up London homes going cheap
A plunge in the pound this year has brought a rush of American buyers hoping to snap up prime London homes with tens of millions in dollar discounts.
Robb Report
The British pound is sinking, and its luxury market is rocking as a result
It was the second Paul Newman Daytona that David Silver had sold for £275,000 in less than two weeks that proved decisive.
Stamp duty bonanza ‘may stoke inflation and interest rates’
Radical changes to stamp duty payments “will get the housing market moving”, Kwasi Kwarteng said today amid warnings that his measures could drive house prices higher.
Wealthy dollar buyers pounce on London property as sterling slumps.
The value of a British pound plunged following Liz Truss and Kwasi Kwarteng’s tax-cutting fiesta last week, sinking to its lowest-ever level against the US dollar on Monday morning.
The Sunday Times
The best places to move near good schools in 2022
There’s a reason that education is always a big feature of the The Sunday Times Best Places to Live guides. Choosing the perfect school may not be a guarantee of future happiness but any parent who finds themselves living in an area with few good options will be all too aware of the stress that can cause.
What would cutting Stamp Duty do to the housing market and economy?
Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are tipped to announce some kind of cut to Stamp Duty – a tax on property transactions – on Friday. Details are scant, but two sources told The Times that the “growth plan” has been in the works for the last month.
Evening Standard
How ultra high-end new homes across London are kitted out for the super wealthy
Fizzy water straight from the tap, a hot tub on the terrace for post-Covid gatherings, an in-house florist on call, and a panic room just in case of emergency; welcome to the very weird but also wonderful world of luxury housing in London post-Covid-19.
Evening Standard
What you need to know before you buy your next home in Prime Central London
Between home working trends and record-busting heatwaves, outside space has never been more important to buyers.