Author Archives: Trevor Abrahmsohn

Where is the UK’s Residential Property Market going in 2024?

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Market commentary must be so confusing for ‘the man on the Clapham
omnibus’. If I’m confused, and I have been in the business for fifty years, what
hope is there for the un-initiated?

It is good news indeed that the overall inflation rate has come down to 2.3%
(announced May 22nd) and the IMF are predicting three interest rate reductions,
which means that the mortgage interest rate trend will be moving south, and this
is good news for the Residential Property Market. Continue reading →

Not many bunnies out of Chancellor Hunt’s hat!

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By Trevor Abrahmsohn, Glentree International

The UK Economy is £3trillion and the government have approximately £1trillion for spending. Yesterday’s budget had 1% to play around with – this doesn’t buy you many bunnies out of a hat!

Frankly, the Chancellor’s speech looked more a case of setting out his stall in readiness for an autumn election, than it was to change the world with his financial gymnastics. Continue reading →

If the Tories scrap the Non-Dom status they may as well pull up the drawbridge to UK foreign investment

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Although I am a traditional Tory voter, who believes in capitalism with a small ‘C’, I am struggling to find a positive case to vote for the Tories at the next Election. I’m not sure the deterrent effect of persuading myself that the Labour Party will be worse, is motive enough. Maybe I’ll just abstain and be a conscientious objector!

Continue reading →