Wealthy families flock to safe assets as recession fears mount September 24, 2019 The world’s wealthiest families are increasingly flocking to safe assets amid fears of a market downturn next year. Executives at family offices are advising their rich clients to take cautious measures to safeguard against turbulence throughout the global economy in 2020. Read more: The UK leads the forex market Almost half of all family offices [...]
CBI survey: London remains attractive for business leaders but fears over future linger September 24, 2019 Over four in five firms see London as an attractive place for business leaders, according to new findings released today by the Confederation of British Industry (CBI). But the CBI has also found that close to a third of the survey’s respondents feel there is potential for London’s position to weaken overall and in specific [...]
‘I bought in London using shared ownership – and cut my commute’ September 23, 2019 As a senior reporter for one of the UK’s leading national newspapers, covering stories across the capital and beyond, David Rivers needed a home that was well-connected to central London. After 18 months of renting in a shared house in Streatham Hill, he was keen to get on the property ladder and have a place [...]
‘It’s empowering to buy a shared ownership home’ September 23, 2019 Shared ownership helped West End actor Chris buy a place of his own in his beloved Islington Twenty-nine year old actor Chris Leask says that shared ownership was the “only way” he was ever going to be able to buy his own place in London. Chris, who is currently playing ‘Everyone Else’ in The Comedy [...]
All you need to know about shared ownership leases September 23, 2019 The legal side of buying a home can be daunting, especially for first-time buyers – but property solicitors and conveyancers are available to help. Lesley Price, head of shared ownership at Lawcomm Solicitors offers her tips for making sure you get solid legal advice, and have a good understanding of the terms of your lease. [...]
Our pick of the shared ownership homes on the market right now September 23, 2019 Whether you want to live in trendy east London or find a quiet family home near to schools and parks, there is a shared ownership property for you. Here are some that are on the market right now. Homes in east London Pimento, Aldgate E1Newlon Housing Trust Located close to Aldgate East underground, Pimento is [...]
Lloyd’s of London braces itself for culture survey findings after months of pressure September 23, 2019 Lloyd’s of London is set to reveal the outcome of a sweeping company poll tomorrow following months of scrutiny over devastating misconduct allegations. The historic marketplace is hoping to turn a new leaf when it releases the results of a ‘culture survey’ alongside actions it will vow to take in the wake of recent criticisms. [...]
How to move up from shared ownership to full home ownership: a guide to ‘staircasing’ September 23, 2019 Jade Turnstill, Share to Buy’s digital marketing manager, explains how shared ownership homeowners can increase the stake they own in their property over time What is staircasing?Staircasing is the process of increasing the amount of shares you own in your shared ownership property. In most instances you can staircase up to 100 per cent, becoming [...]
Is shared ownership right for me? Your questions answered September 23, 2019 Nick Lieb, head of operations at Share to Buy, explains who is eligible to buy a shared ownership home and what they should consider before they do Who is eligible for shared ownership?To be eligible for shared ownership, you must either be a first time buyer or you must not currently own a property. Purchasers [...]
Seven steps to buying a home with shared ownership September 23, 2019 As part of Shared Ownership Week 2019, Eloise Robins, head of shared ownership sales at property agent JLL, gives a guide to the buying process 1. Find your home First of all, check you are eligible for the shared ownership scheme by speaking to an independent financial advisor. After that, you can start to look [...]