Robert is vice president of Client Services, EMEA. He has almost three decades of relocation experience, specializing in both the UK domestic and international mobility arenas.
September 26, 2012 – 1:22 pm
It feels like we waited decades for the London 2012 Games to arrive and in a blink of an eye, it was all over. However, the UK continues to ride the Olympic high as we celebrate an unforgettable Games and it would appear the global event affected every corner of the country, including the housing market.
According to UK property portal, Rightmove (20/08/2012), the Games had quite an effect on asking prices, reporting the largest monthly fall (2.4%) it has ever recorded for the month of August. Traditionally, summer sellers often set low asking prices anyway, but -2.4% is quite a [...] Read More
Posted in EMEA, Real Estate
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Tagged assignment, Association of Residential Lettings Agents, cartus, Cartus Home Sale Network, corporate relocation, emerging markets, employee relocation, executive relocation, expatriate, global mobility, Halifax, international assignment, London Olympics, Nationwide Building Society, outsourced relocation, outsourcing, primacy, Real Estate, Realogy, relocation, relocation company, relocation management company, relocation services, Rightmove, third party relocation, transfer, Trusted guidance, Usain Bolt
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September 22, 2011 – 1:42 pm
The UK property price trends that we’ve seen in the last 12 months appear to be continuing with marginal price changes reported by major UK financial institutions, Halifax and Nationwide Building Society for the end of summer. According to the surveys, the average UK house price is now £161,743 to £165,914, representing a month on month decline of between 0.6% and 1.2%.
We discuss the state of the market in the September edition of the UK Property Market Watch. Other communications on the subject are available on the UK Property Market site.
Reports indicate that unrealistic asking prices are stalling many prospective [...] Read More
Posted in Real Estate
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Tagged assignment, Bank of England, cartus, Cartus Home Sale Network, corporate relocation, expatriate, Halifax, Nationwide Building Society, Office for National Statistics, outsourced relocation, primacy, Realogy, relocation, relocation management company, third party relocation, transfer
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The UK property market remained flat during March 2011, with UK financial institutions valuing the average property between £162,912 (Halifax) and £164,751 (Nationwide Building Society). Indeed, both house price index surveys indicate that the market is continuing at a modest pace, with Halifax suggesting a monthly property price change of 0.1% in March and Nationwide reporting just a 0.5% increase. According to the property portal, Rightmove (21/03), however, the average time a property is on the market has fallen from 98 days in February to 89 days in March, which perhaps suggests that the current slow paced market may be [...] Read More
Posted in Real Estate
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Tagged assignee, Bank of England, cartus, corporate relocation, Halifax, Nationwide Building Society, outsourcing, primacy, relocation management company, Rightmove, transfer
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February 16, 2011 – 9:12 am
Following the essentially flat conclusion to the property market in 2010, this year’s first set of surveys released by major UK financial institutions indicates that the lack of fluctuation is continuing in 2011. Nationwide Building Society reported that in January the average UK house price was £161,602, an annual decline of 1.1%, while Halifax listed the average price as £164,173, a decrease of 2.4% from January 2010.
Like property prices in 2010, supply and demand remains an important influence this year with tentative signs suggesting homeowners are becoming reluctant to sell in the current market. If this reluctance continues then we [...] Read More
Posted in Real Estate
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Tagged Association of Residential Letting Agents, Bank of England, cartus, corporate relocation, global mobility, Halifax, international assignment, Nationwide Building Society, outsourced relocation, primacy, relocation management company
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November 4, 2010 – 4:32 pm
According to recent house price surveys by Nationwide and Halifax, the average UK house price is now valued between £166,757 and £162,096, with both financial institutions reporting the three month rate of change as -0.9%.
It is Halifax’s dramatic monthly decline of -3.6%, however, that has grabbed the UK headlines. The biggest fall in monthly comparisons since figures started being compiled, Halifax stresses it is far too early to conclude that September’s monthly fall is the beginning of a property price decline. Indeed the bank attributes the dip to the low transaction levels across the property market, which has made it difficult to obtain [...] Read More
