Gloomy report from RICS as Brexit blues continue

first_imgThe RICS has published its latest (December) UK Residential Market Survey, which shows that the market is still on hold due to political uncertainty, lack of stock and affordability.Stock down in lettings and salesEnquiries, agreed sales, and new instructions all declinedNew instructions remain in negative territory – having declined in 19 of previous 24 monthsSales expectations point to a further decline over the next few monthsHeadline price net balance slips slightly deeper into negative territoryThe UK housing market ended 2018 on a weak note with uncertainty still biting, alongside continuing lack of stock and affordability issues.Key activity indicators continued to slip, with national sales volumes dwindling, although some areas of the UK saw a more positive trend (East Anglia, Wales, the North East and Northern Ireland).The twelve month outlook is a little more upbeat, suggesting that some of the near term pessimism is linked to the lack of clarity around what form of departure the UK will make from the EU in March.In terms of prices, the headline indicator slipped slightly deeper into negative territory during December, falling to -19% from -11% in November – the fourth consecutive negative reading.The 12 month outlook for prices remains broadly flat except in London and the South East, prices are anticipated to either rise or hold steady across the other UK regions over this time horizon.Simon Rubinsohn, RICS Chief Economist, said, “It is hardly a surprise with ongoing uncertainty about the path to Brexit dominating the news agenda, that even allowing for the normal patterns around the Christmas holidays, buyer interest in purchasing property in December was subdued. This is also very clearly reflected in a worsening trend in near term sales expectations. Looking a little further out, there is some comfort provided by the suggestion that transactions nationally should stabilise as some of the fog lifts, but that moment feels a way off for many respondents to the survey.”RICS Simon Rubinsohn Brexit Sheila Manchester UK Residential Market Survey January 17, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » Gloomy report from RICS as Brexit blues continue previous nextHousing MarketGloomy report from RICS as Brexit blues continueThe RICS has published its latest (December) UK Residential Market Survey, which shows that the market is still on hold due to political uncertainty, lack of stock and affordability.Sheila Manchester17th January 201901,758 Viewslast_img read more

Special One Jose Mourinho reveals admiration for Old Big ‘Ed Brian Clough

first_img “I walked all the way (around the city) and when I saw the stadium I thought: ‘Are you kidding me – this club won the European Cup? Twice?'” Mourinho says. “It was a nice stadium and a nice city, but it was a small place. It was the size of the stadium that really took me aback. “A small stadium, a small crowd – I looked around and tried to take it in.” Clough won back-to-back European Cups with Forest in 1979 and 1980. He also gained many neutral admirers with his wit and outspoken views. Mourinho, who has also won the trophy twice, said: “A lot of people say we have similarities and there are certainly coincidences.” Mourinho admires the way Clough used to project himself in interviews and press conferences. He said: “We all probably remember Clough’s best quotes. ‘I wouldn’t say I am the best football manager there is,’ he used to say, ‘but I am in the top one.’ I love that line. “He had all that self- esteem and big self-belief. He was very confident about himself, and from what I know about him he was very comfortable with the attention. Jose Mourinho has spoken of his profound admiration for former Nottingham Forest manager Brian Clough. Press Association “Maybe because Brian Clough was such a huge personality, with so much charisma, everyone remembers his quotes and the stories and a few people forget his talents. “He didn’t win two European Cups with Nottingham Forest just because of his charisma. “History cannot delete what he and Nottingham Forest did – their results, the cups, the achievements, absolutely unbelievable achievements. “I have huge respect for what they did. I think if Brian Clough was around today, we would get on.” In the foreword for a new book on Clough called I Believe in Miracles, the Chelsea boss talks about the similarities between himself and the two-time European Cup-winning manager. The Portuguese revealed he went on a day trip to Nottingham during Euro 96 while he was working at Barcelona to see the place where Clough enjoyed his success. last_img read more