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  • By Simon Morris On Friday, July 31 st, 2015 · one Comment · In ,

    New figures have proved to property specialist Simon Morris that demand for UK commercial property has continued to rise, as supply has continued to fall. Commercial property sales The UK commercial property sector has recovered from the economic downturn of 2008. Statistics from HM Revenue and Customs (HMRC) indicates that commercial property transactions have increased 24% since 2008/2009, rising 6% in the previous 12 months alone to hit 115,400 sales by the end of the year to June...

  • By Simon Morris On Thursday, July 30 th, 2015 · no Comments · In , , ,

    Property specialist Simon Morris recently explained how the emergency summer budget could spur London property development. London property development The economic recovery has provided foreign investors with the incentive they need to continue developing property in the UK capital. Figures from Large Mortgage Loans, a mortgage arranger, suggested that their website has attracted a 1,150% increase in visitors from China between February and May 2015.  Furthermore, they recently said that...

  • By Simon Morris On Wednesday, July 29 th, 2015 · no Comments · In , ,

    The latest figures from Halifax have indicated to property expert Simon Morris that UK residential property prices registered steady growth in the second quarter of 2015. House price growth The Halifax property price index shows that UK house prices increased 3.3% during the second quarter of 2015. This means that the average price for a house in the UK now rests at £200,280. Deeper analysis shows that residential property prices in the UK are 9.6% higher in the three months to June 2015 than...

  • By Simon Morris On Tuesday, July 28 th, 2015 · no Comments · In , ,

    Simon Morris recently contributed to an FT Adviser article which discusses the government’s plans to tighten the planning performance regime, reduce housebuilding regulation and restrict tax relief for buy-to-let landlords. Fixing the Foundations The government has outlined its plans to raise productivity in a new paper called ‘Fixing the Foundations: Creating a more prosperous nation.’ The document states that Whitehall will implement several changes to the planning process. These...

  • By Simon Morris On Friday, July 24 th, 2015 · no Comments · In , ,

    The latest figures from the Office for National Statistics (ONS) have indicated to property specialist Simon Morris that the average UK house price has grown significantly in the year to May 2015. Residential property recovery The average UK house price hit a high of £217,000 in May 2008, before falling to a low £187,000 by March 2009. However, the UK’s residential property sector has now recovered, and the average UK house price has since eclipsed its previous peak. Recent figures from...

  • By Simon Morris On Thursday, July 23 rd, 2015 · no Comments · In , ,

    New data has illustrated that over half of residential properties in the UK are now worth £1 million or more. Property expert Simon Morris discusses what this means for investors who are looking to capitalise on the good fortunes of the UK residential property market. UK residential property prices There’s little doubt in the mind of even the most cautious investment expert that the UK residential property sector has recovered from the economic crash. According to the Daily Mail, data from...

  • By Simon Morris On Tuesday, July 21 st, 2015 · no Comments · In , ,

    A new report has shown property expert Simon Morris that yields fell for semi commercial property landlords in the first quarter of 2015. Semi commercial property yields A semi-commercial property is a residential property that’s also used for business purposes. The semi-commercial property sector was quicker to recover from the economic crash than the residential property market at large. At the height of the crisis in 2011, it recorded returns of 7.8%, a figure that was only bested by...

  • By Simon Morris On Friday, July 17 th, 2015 · no Comments · In , ,

    UK Chancellor George Osborne has announced the emergency summer budget. Property specialist Simon Morris recently took the time to discuss how this would affect buy-to-let landlords. Emergency summer budget David Cameron’s Conservative Party gained a majority of seats in Parliament for the first time since 1997 in May’s national general election. This gave UK Chancellor George Osborne the right to implement his fiscal policies, which he recently started to do when he announced the...

  • By Simon Morris On Friday, July 10 th, 2015 · no Comments · In , ,

    The UK Housing Minister has announced that small home builders will receive a big financial boost. In property expert Simon Morris’ opinion, this could have a significant effect on the UK’s residential property market. Supply and demand The UK residential property market has recovered from the economic crash of 2007, which devastated it dramatically. The Office for National Statistics’ latest house price index shows that the average UK house price rose 5.5% in the year to April 2015. Yet...

  • By Simon Morris On Thursday, July 09 th, 2015 · no Comments · In , ,

    New data has shown property expert Simon Morris that the South of England’s housing market is outperforming the rest of the UK’s by significant volumes. Hometrack house price index Residential property analyst Hometrack has recently released their latest house price index. It shows that UK house prices rose by an average of £11,500 in the year to May 2015. Meanwhile, it also illustrated that the UK average house value increased 0.8% in May on a month-by-month basis, bringing this average...

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