Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

inflation

Property Consulting

Fears for UK property market collapse as US houses crash in value sparking fears:

Property sales in USA plummeted but experts predicted that the UK will be hit harder. Affordability levels are the worst since 1985, in the US. Mortgage rates have hit a 20-year high of 7 per cent, much higher than in the UK. Moreover, transaction in the UK are fairly stable and price declines are still to show up in the official index. Conversely, in the UK a drop of 12% is expected. At the current time, in USA the prices for properties are flat year-on-year. Even though the mortgage rates are lower in UK, the impact will be greater. The problem is the house prices h

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Investment

When is the UK inflation and how could it affect GBPUSD?

Given the recently released unimpressive jobless benefits claims and sky-rocketing uncertainty ahead of the Autumn Statement first under the leadership of UK Prime Minister Rishi Sunak, today’s data will be watched closely by the GBPUSD traders.  Regarding the monthly figures, the CPI is expected to escalate vigorously to 1.7% against 0.5% reported earlier. PPI Core Output YoY is seen as stable at 14% on a non-seasonally adjusted basis whereas the monthly prints could shift higher to 1.3% versus 0.7% the prior release. Technically, the cable is displaying a balanced auctio

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Property Consulting

UK house price growth stalled between August and September:

Typical property values across the UK, have remained unchanged between August and September. The average property value was still £26,000 higher than a year earlier, according to official figures. Average house prices increased by 9.5% over the year to September 2022, slowing from 13.1% annual growth in August 2022. The fall in annual house price inflation is mainly because of the sharp rise in house prices in September 2021 at the end of the stamp duty holiday last year. The mini-budget towards the end of the month sparked unprecedented volatility in the mortgage market,

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Property Consulting

Property downturn hits construction as house sales plummet:

Demand for properties has been cut by half as the high mortgage rates are coming to bite those coming onto the property ladder. As a result, construction companies are pulling away from new projects which is putting the government target for housing at risk for not being met. This is being classed as a "transitional period" as the property market is adjusting to higher borrowing costs. If property prices fall and there are higher rates for raw material, there will be major employment cuts and hence, people unemployed. All factors pointing towards a recession. This is the r

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Property Consulting

A decade of rising house prices is over. The UK economy will feel the pain:

Fueled by a post-lockdown buying frenzy, the average UK house price hit a record £275,000 in December, a £27,000 increase on the previous year’s high. People buying houses for the first time benefited from cuts to taxes on their purchases and even though homes were more expensive, rock-bottom mortgage rates kept monthly payments affordable. The sharp and sudden increase in mortgage rates that followed has made it much more expensive to buy a house, leading some forecasters to predict a 10%-15% plunge in prices over the next year. Even though Kwarteng and Truss are out, alo

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Property Consulting

China’s GDP growth below target as property and zero COVID injuries mount the economy:

China's third quarter data has been delayed, spurring queries, as Xi Jinping takes power at the party congress. China's GDP is currently majorly below the third quarter target, the intensification of these stock fall come from downfall of the property market and the tycoons in the past quarter. There is huge concern for the world's second largest economy. In the past three decades this is, for sure, the lowest growth of GDP. There has been 'panic selling' of shares to grow the economy and also reduce the pressure for investors. Despite, creation of more local housing in th

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Property Consulting

Property prices have increased despite mini budget fallout:

September's mini budge has sent the housing market into chaos with an increased uncertainty, mortgage rates soaring, pound tumbling, buyer's now lacking confidence. First time buyers have now pulled out of their plans to move, this has recorded as a 21% decrease. On the brighter side, the demand is still 24% higher than 2019. The jump is more than the average Brits’ annual salary, and comes at a time when rising mortgage rates are acting as yet another barrier to those looking to get on the property ladder. __________________________ What tips can we offer those who are

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Investment

Renewables companies warn UK revenue cap could deter investment:

Renewable energy companies will tell UK ministers this week that a planned cap on the revenues they generate from sky-high wholesale power prices must not be more punitive than a similar EU policy — or they risk an investment exodus to Europe. Energy industry officials involved in discussions with the UK government say negotiations over the level of a cap will continue this week, with a meeting expected as early as Monday. The proposals could affect companies including EDF Energy, RWE, Octopus Energy, ScottishPower and SSE. This could effect lots of students in student hou

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Investment

The UK is in financial turmoil and investments and pension:

There has been a severe blow to ISAs and shares if they are in bond funds as they are now being sold as cautious, safe investments. The ones invested in UK gilts fell by 12% within 2 days of Kwasi Kwarteng's budget. Normally pension funds are steadier than the stock (equity) market, as they have a mix of shares, bonds and property. You have little to worry about if you have a final salary-style pension, where what you get is related to how much you earn. But they are mostly limited to the public sector now. This is almost always a sensible thing to do if you have spare cas

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Property Consulting

Boot has one of its “best ever” half years:

The construction and property group, Henry Boot, has reported that with the pre-tax profit being up by almost 70% than the previous half, it has had one of the "best ever" half years. The company has shown a pre-tax profit of £38.8m for the six months to 30 June 2022, up 68 per cent from £23.1m in the same period of 2021. It has had a strong stream of residential land sales and industrial development activity post- COVID. Revenue increased by 11.9 per cent to £144.4m, from £129m the year before, driven by land disposals and property development completions. ______________

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