London house prices set to soar by 35 per cent over the next five years October 24, 2013 HOUSE prices in the capital are set to spiral further upward by more than a third in the next five years, according to new research seen by CityAM Property services firm CBRE expects the capital’s house prices to soar by an astonishing 34.8 per cent between 2014 and 2018, according to its latest forecast. [...]
London housing bubble inflates further August 13, 2013 LONDON house prices soared to more than 12-times the average income in June, official figures showed yesterday, as economists warned the boom could prove unsustainable. Government policies to keep interest rates low and help first time buyers onto the property ladder are pumping up a bubble, analysts said. The average price in [...]
London housing begins to price out businesses July 28, 2013 BUSINESSES warned the government today that rising property prices could undermine investment in the capital, as firms struggle to keep up. According to the statement by the Confederation of British Industry (CBI) and KPMG, the shortage of housing has risen from companies’ third most pressing concern to their second since December, overtaking transport. The number [...]