Zoomf Blog - UK Property Blog

Gordon Brown’s government has announced the it is ax’ing the stamp duty on properties less than 175,000 gbp in hope of reviving the property market. London estate agent, Winkworths, wonders if this will have any effect in London or mostly be a boost in the provincial market. Read all about it here.

As Poppy just blogged, one of the best online property conferences is taking place today in San Francisco called Real Estate Connect, but need something closer to home? How about London Ad-tech? Registration is free and there are loads of free seminars related to online advertising like Google University where you can learn how Google can help your property business.

Need to learn more about the internet, using it as a marketing and lead generation vehicle or just need some basic knowledge of what’s out there? Ad-tech is a good place to start.

Ad-tech is taking place in London’s Olympia Sept 24-25.

So you’re thinking it’s time to wait out the property crunch but you want to keep an eye on any low-hanging fruit? Are you also a bit of a DIY-er? Then look no further. We’ve got 320 homes that already have planning permission in the Greater London area. Below is the Google map (via KML) containing all the latest ‘planning permission results’ from London.

There’s also this new website called Betternest that, according to the Times, will help you improve your home rather than re-locate.

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Last week, Savills reported a decline in prime central London property values of 5.5% over the second quarter of 2008 (read the full story here). Today, Knight Frank have published their results which are similar, but not quite as stark.

According to Knight Frank figures, the monthly fall in property prices in prime central London accelerated in June, from a 1.5% decline in May to a 1.7% decline over the past month. Prices have now fallen for two consecutive months and are now 3.1% lower than three months ago, and although this quarterly decline is not as drastic as the one Savills recorded, it is the largest recorded quarterly fall in the Knight Frank index since 2002. The volume of sales has also declined, by around 60% over the past year.

But don’t worry, if you’re super gorgeously rich and your butler is reading this to you then you’re in for some slightly better news. Super-prime properties (£10m+) have remained relatively immune from the slowdown, with prices only falling by 0.9% last month, they still stand 22.7% higher than a year ago.