Commenting on the Halifax House Price Index, Suren Thiru, economist, said:
 ”House prices fell by 1.7% in July. Pressure on householders’ income, together with a very significant reduction in mortgage finance due to the global financial markets crisis, is constraining potential house buyers’ ability to enter the market. This is resulting in both lower prices and [...]

No-one can deny that the UK’s housing market is currently enduring a period of value correction.Throughout this bulletin, we look at how the prime markets in London and across the UK have reacted to date and consider the timings and strength of their recovery. History shows that the prime markets behave differently to mainstream property (they are [...]

Commercial development activity falls at the sharpest rate in over five years.

Over five times as many commercial developers (40%) noted a reduction in total activity as those that reported a rise (7%) in June.
The resultant net balance  –  the Total Commercial Development Activity Index – posted -32.4% in June, down from -19.7% one month earlier. [...]

Despite unexpectedly strong GDP growth during Q1 2008, European economicactivity is anticipated to slow markedly over the rest of the year.
Eurozone inflation has been rising steeply, driven by escalating food and oil prices. In an effort to control inflation, the European Central Bank raised interest rates in July.
A mood of increased caution among office occupiers [...]

Overview: Yield Shift Spreads Across Europe: One of the clearest trends in Q2 2008 was that the effect of thecredit crunch on prime yields spread more widely across Europe, in terms of both location and sector. There are now very few cities where commercial property prices have not been affected and, while initially it appeared [...]

Rental Conditions Deteriorate

All Retail recorded the first monthly fall in rents since May 2001. With the office sector also showing negative monthly rental movements, All Property year to date rental growth is just 0.2% as of July.
Further outward yield adjustments means that All Property capital values are now 20% lower since their peak in June [...]

The report provides an assessment of the consequences of the credit crunch for property finance in London and the implications for policy. It demonstrates that:

The credit crunch is having a far-reaching impact on investment, development and occupational markets.
Given the effect of the credit crunch on the wider economy is still unfolding, the result for property markets [...]

Red Chilli Structured Finance’s property finance website design gets mentioned on www.smashingmagazine.com
“Colors are capable of having a very significant impact on visitors’ perception of the design. However, when using colorful images, you need to make sure that you use the right ones. Blue, red and green are most attractive colors among men and women. Women [...]

The Finance Market:
The high profile problems being experienced throughout the financial world continue to be a preoccupation for the whole business community.  The Bear Stearns situation earlier this year, the rumours surrounding other banks and the stubbornly high costs of borrowing despite the Treasury’s best intentions have done nothing to quell these fears.  However, even [...]

King Sturge View:

The slowdown that had been evident nationally has spread to the Central London market in recent months. Prime Central London (PCL) pricing fell by 1% in the year to June.
Super-prime stock (£5m or more) saw price growth of 13% compared to a 4% fall in the rest of the market.
We now anticipate that [...]

By the end of 2007 as the credit crunch spread to all corners of the capital market; the downward re-pricing of commercial real estate assets had begun. The transparent nature of the UK market has been quick to reflect this. In New York, the initial impact of the credit crunch resulted in a curtailment of [...]

The Knight Frank View: Our opinion is that professionally managed student accommodation will provide one of the most excitingprospects in the UK property market over the next three years; we believe that the potential for both capitaland rental growth is well above the level we are anticipating for the mainstream residential and commercialproperty sectors.
Set against [...]