Latest News
Interest Rate Increase Affect On UK House Prices
July 2023 House prices are falling year on year for the first time since 2012 as spiralling mortgage rates take a heavy toll on the property market figures show today. Leading lender Halifax...
Interest Rates on the Up
July 2023 The average five-year, fixed-rate mortgage has hit 6 per cent for the first time since November as banks and building societies continue to increase rates. Five-year fixed rates have rose from 4.97...
Winter Prime London Sales Market
December 2021 Buyers really got their wallets out in the Capital this year spending a whopping £11.6 billion on prime London property in 2021. This is up 45% on 2020, 37% higher than the five-year (2015 to...
Non – UK Resident Stamp Duty
April 2021 From today (1st April 2021) there will be a 2% Stamp Duty surcharge introduced for overseas buyers on the purchase of residential property in the UK. The surcharge will apply to...
Goodbye 2020 and a very warm welcome to 2021
January 2021 What an unexpected year 2020 proved to be! I launched Xander Prime at the start of January last year, and I remember thinking Brexit and Stamp duty changes would be the key factors for the year to...
What will happen to UK house prices in 2021?
October 2020 Very tricky to forecast where the housing market will be in 2021. Lots of moving parts involved to say the least! Three main factors which will effect the start of next year are surely the end of...
Do not fall into a Leasehold trap!
Firstly, broadly there is nothing wrong with buying a leasehold property. Over the years I have been involved in countless transactions involving leasehold properties. In prime central London, its common...
Lets talk off-market property
The practice of selling ‘off-market’ property in London has always been a feature and its popularity is on the rise. It is estimated that in 2019 approximately 11% of all London sales transacted without...
The Mini Budget
July 2020 The Chancellor Rishi Sunak has announced some unprecedented measures to help kick start the economy following the impact of coronavirus. Below are the main points discussed within the chancellors...
Stamp Duty Holiday
July 2020 The Government have announced today that Stamp duty, the tax on buying land or properties, is being temporarily cut in England and Northern Ireland. From now until 31 March it will only be charged on...
Quick Look – Impact of Lockdown on sales and rental values in PCL
June 2020 Lockdown due to the virus has really put the brakes on the ‘quick out the blocks start’ we saw at the beginning of the year in PCL. The below table shows the change in achieved prices and rental...
What might the Impact be of Coronavirus on Prime London Residential Property?
April 2020 The wider impacts of COVID-19 are still very much ahead of us, and with it many unknowns. In recent weeks I have had plenty of conversations with my clients and other property professional as to...
What does the 2020 Budget mean for Property?
March 2020 Stamp duty surchargeThe government will introduce an additional tax on foreign buyers of UK property. Non-resident buyers will now pay an additional 2 per cent stamp duty. Until now, overseas buyers...
Prime Central London 2019/Q4
How has 2020 Started? The UK property market has certainly hit the ground running at the start of 2020. According to HMRC figures in the five weeks since the General Election sale transactions are up 6.2% and...
What is on the cards for UK Prime Residential Property in 2020?
January 2020 Before diving straight into forecasting what is ahead its obviously important to remember what is behind us. 2019 was another relatively flat year with the ongoing uncertainty of the dreaded B...
London Loves Property: Xander Prime launches in London
January 2020 Acting on behalf of individuals looking for premium service with complete discretion and anonymity, independent buying agency Xander Prime has launched in London, sourcing the best prime...