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House prices: Has luxury London bubble finally burst?

Stamp duty, mansion tax and global economics have led to a sharp fall in the price of town houses and luxury apartments in the capital<p>The price of an upmarket London home fell by more than 4pc in the last three months of 2014 as <b>political uncertainty and stamp duty rises collided</b>.<p>Central London …

Housing

London house prices to fall up to 5pc as sellers abandon the market

New stock is drying up as vendors sit tight until the general election, says RICS<p>Estate agents expect house prices in London to drop by as much as 5pc this year with the cost of larger family homes falling the most, an industry survey has revealed.<p>The report from the Royal Institute of Chartered …

Housing

House prices: The last hot spot in London

Welcome to the only borough in Greater London attracting growing numbers of househunters<p>Bexley, south-east of the City, was the only Greater London borough to show an increase in demand for new homes over the last quarter, according to new data.<p>In December, 71pc of homes on the market Bexley were …

Housing

House prices fall in London but rise across rest of UK, says RICS

The UK housing market divided sharply last month with London the only region where surveyors reported falling prices.<p>As a fall in the number of houses coming on to the market pushed prices up across the rest of the country, the capital experienced declines for the sixth month in a row, according to …

Housing

UK house price inflation falls in January

House price inflation fell again in January, according to official government figures, with the traditional start-of-the-year surge in demand failing to materialise.<p>Average prices fell by 0.2% in January, said the Office for National Statistics, reversing a surprise gain in December and bringing …

Housing

House price falls in central London start to spread out across the capital - but how far?

Central price falls ripple out to South West London<p>House price falls in the capital's more affluent central boroughs have started to spread across the rest of luxury London, after the upper eschelons of the housing market were hit by the Chancellor's radical stamp duty reform.<p>Property values in …

UK house prices to outperform London for first time in 6 years

House prices across the UK are set to outpace the growth of London for the first time in six years, according to the Centre for Economics and …

Is another house price bubble just around the street corner for London?

More than 30cp growth forecast for London homeowners, fuelling fears of more boom and bust unless enough homes are built<p>House prices in London are set to rise more than 30pc over the next five years as a strong economic backdrop and unrelenting desire to live and invest in the UK capital will boost …

London house prices 'could double in the next 15 years to £1m'

The average cost of a home in London is on course to breach the £1m level by 2030 as house building struggles to keep pace with a rapidly rising population, a leading consultancy is predicting.<p>Oxford Economics warned that affordability problems in the capital would intensify even further if the …

Housing

House prices in London to hit £1m by 2030

Welcome to London in 2030, where house prices have hit £1m and the population has swelled to 11 million people<p>The average London home will cost more than £1m by 2030, according to new analysis, as strong jobs growth and a chronic housing shortage continues to push up prices.<p>Rapid growth and strong …

London house prices: commuter hotspots catch up with the capital

The latest data from the Land Registry show an annual growth of just more than nine per cent, making the average London house price £475,961.<p>In the …

Money Talks: house prices and insurance premiums dip, while prime London rents soar

Money news<p>UK house prices slip in June, says Nationwide<p>Labour demands equal wage checks to reduce gender pay gap<p>Low-income families ‘thousands of pounds short of basic standard of living’<p>Greeks abroad have credit cards rejected amid confusion over capital controls<p>Europe agrees to scrap roaming …

Personal Finance

Housing prices reverse trend with rise in north-east and fall in London

House prices are rising rapidly in the north east of England and falling fast in Kensington and Chelsea, according to property website Rightmove, in a remarkable reversal of the trend over the past decade.<p>In the London borough of Kensington and Chelsea, the average asking price for a property fell …

Housing

Just two places where house price growth was slower than luxury London

The luxury London market is cooling off with slowing growth pushing the capital's most upmarket postcodes to the bottom of the house price growth index<p>House price growth has slowed drastically in the prime central London market, with the biggest growth in the capital instead coming from more …

Prime London House Prices Are Plunging And The UK Could Follow

The prime central London property market has been one of the hottest investments of the past five years, but now there are signs that buyer interest …

Mapped: House prices by London's Tube stops - £1m homes now reach Zone 6

Join the property millionaires around the capital's underground stations - but how much will Knightsbridge set you back versus Wimbledon Park?<p>London’s streets are not so much paved with gold as studded with diamonds. The property wealth bubble is so big the capital has 58 Tube stations around which …

Housing

David Lammy to offer price-capped homes for first-time buyers in London

Londoners should be given the chance to buy a new type of state-built, price-capped home that could only ever be sold to a first-time buyer, according to David Lammy, a Labour mayoral candidate.<p>Announcing new details of his plans to address the housing crisis in the capital on Monday, Lammy said …

Housing