Intu Properties to appoint finance chief Matthew Roberts as new boss April 3, 2019 Shopping centre owner Intu Properties plans to appoint its finance boss as its new chief executive during a challenging time for the retail sector. Intu, which owns the Trafford Centre in Manchester, is expected to announce that current chief financial officer Matthew Roberts is its new chief executive as early as tomorrow, Sky News reported. [...]
London, meet your next skyscraper: Square Mile viewing attraction The Tulip wins planning approval April 2, 2019 A dramatic new tower known as The Tulip is set to join the City’s skyline after it was given the green light by planners in the Square Mile this afternoon. The 1,000 foot skyscraper, which has won approval from the City of London's planning committee by 18 votes to seven, will be built next to the Gherkin [...]
Channel 4 set to move into former nightclub building Majestic in Leeds April 2, 2019 Channel 4 is in advanced talks to move its national headquarters into the Majestic building in Leeds city centre. The broadcaster said it is in negotiations with real estate firm Rushbond to lease 25,000 square feet of office space over three floors in the former cinema and nightclub. Read more: Editor's Notes: Brexit: An Uncivil War [...]
Generation Rent needs more help to buy property, not Help to Buy April 2, 2019 Britain is not yet a nation of renters – but it’s getting there. Half of children are now born in rented accommodation, versus a third back in 2003-4. The number of families renting with children has doubled in a decade, according to the insurance provider Royal London. Meanwhile, new analysis shows that the government’s Help [...]
Holiday Homes: New homes in a Renaissance palace set out to convert luxury second home buyers to the charms of Mallorca April 1, 2019 It would be too easy to dismiss Mallorca as simply a package holiday destination crowded with ex-pats and fake-tanned Love Island wannabes. But Palma, the Balearic Island’s elegant and historic capital, has now firmly shaken off its package-holiday past. Once the gateway to Mallorca, Palma is now a high-end destination with two Michelin-starred restaurants, designer [...]
Opinion: Too many people don’t carry out due diligence when buying a new build. Here are some tips so you get what you paid for April 1, 2019 While the new build industry has not been immune to the slowdown, there is no question that there are still activity hotspots in certain parts of the market. Savvy investors are busy snapping up properties at discounted rates and chain-free, first-time buyers are in a great position to negotiate. But there is another, darker side [...]
Interiors: Now the clock has sprung forward, treat yourself to a smart tech shower that’ll make you want to get out of bed April 1, 2019 Have you showered today? We might not talk about our hygiene habits, but the daily shower is a mark of modern respectability. Many of us won’t even remember a time before the morning shower – all that luxurious steam, shampoo aromas, maybe a song. But now with technological advances, some of us are having a [...]
Focus On Camden: Camden Market turns 45 tomorrow, but how much have house prices changed in this cultural hotspot? March 29, 2019 Today, a London institution reaches proper middle-age. Camden Market – once home to punks and mods, now home to an awful lot of tourists looking for the punks and mods – turns 45 on 30 March 2019. It could be home to you, too, if you can afford it. The average second hand sales price, [...]
New homes: Our pick of the new builds going on sale in London this weekend March 29, 2019 New developments on the market this week The Refinery, Newham From £120,750 for a 35 per cent share of a one bedroom flat Live in the shadow of golden syrup factory Tate & Lyle in an up-and-coming part of east London. Part-buy, part-rent a one, two or three bedroom apartment through Shared Ownership. Sixty homes [...]
Mortgage approvals fall as lending to businesses also drops March 29, 2019 Mortgage approvals for house purchases fell in February while the number approvals for remortgaging also decreased, data released today showed. Meanwhile, the annual growth of bank lending to businesses fell in February for non-financial businesses, reversing an increase in January, Bank of England (BoE) data revealed. Read more: Sluggish GDP growth and shrinking business investment in UK [...]