UK property news

David James is your source for all the latest news on the UK property industry including the latest trends, house prices and valuations, ideas to help you sell your home, and tips for landlords. Whether you're buying, selling, renting, or looking to let out your home, you'll find useful information on this page.

Established in 2004, David James Estate Agents specialise in both property sales and lettings. We are industry experts; whether you're looking to move or let out your home, let us know the questions you need help answering.

 

Latest news at David James Estate Agents in Bromley

According to the RICS (Royal Institution of Chartered Surveyors) Residential Market Survey, tenant demand is the highest it has been since the end of 2016. However, landlord instructions have fallen once again following a continuous decline since July 2016. A number of estate agents have noted landlords disposing of their properties owing to punitive regulations, with little new...
Among other factors (policy and economic performance being key), changes to taxation in the form of stamp duty land tax at point of sale can have a big impact on cooling or stimulating the level of activity in the UK housing market. The new Prime Minister, Boris Johnson, has said he is considering stamp duty reform during his premiership. Measures he has aired publicly to date include:...
There were 14,794 homes sold across England and Wales in the past 12 months priced at £1 million or more. This equates to just 1.7% of all sales, and just under £26 billion in value. As in previous years, the tally of properties selling at or above the £1 million threshold was greatest in London, where over half (59%) of all £1m+ homes sold in the past year. This...
The DPS report a marked increase in rents in the second quarter, with a 1.8% rise from Q1 2019. This is the largest quarterly increase reported since rents began to decline in Q4 2017. Strongest growth in rents was seen in Scotland (5.4%), largely driven by a steep increase in the average rent paid for flats. London also saw above average growth at 2.2%. The West Midlands and Northern...

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