Interiors: Boudoir, millennial or Scandi pink – it doesn’t matter what you call it, it’s the hot colour trend of 2018 March 16, 2018 Despite February’s snowdrops and a smattering of spring bulbs, winter wasn’t done with us this week. So let’s look on the bright side with the hot trend for 2018 – luscious, glamorous pink. We saw it emerge a couple of years ago with blush home accessories, but now interior designers have gone to town to [...]
London beats New York as top real estate investment destination for Norway’s massive sovereign wealth fund March 13, 2018 London has overtaken New York as the top real estate investment spot for Norway's massive $1 trillion (£715bn) sovereign wealth fund. The fund, which is one of the biggest investors in the UK and co-owns Regent Street, bought almost £200m worth of London property last year in partnership with the Queen's Crown Estate. These included [...]
Buyers sought for hotels at centre of dispute between Hilton and Vincent Tchenguiz March 11, 2018 Ten hotels at the centre of a dispute between Hilton and a property tycoonare to be put up for sale again. The string of hotels previously owned by Vincent Tchenguiz are poised for new ownership, as administrator AlixPartners appointed agencies to find buyers according to The Sunday Times. JLL and Savills have been selected to [...]
Property of the Week: This converted water tower in Kennington is now worth £3.6m March 9, 2018 There are plenty of industrial landmarks in London that have been given a new lease of life, from Battersea Power Station to the Tate Modern. But rarely is there the opportunity to live in one. The Water Tower, Kennington, £3.6m This former water tower that’s moments away from Kennington underground station is the ideal mix [...]
Holiday Homes: Get away from the chaos of Chamonix and find a quieter ski retreat in Le Grand-Bornand February 23, 2018 The Alpine towns of Courchevel and Val d’Isere, are as well known for their nightlife as their pistes, but if you’re more interested in skiing than apré-ski it’s worth checking out the quieter French resorts. Le Roc des Tours, France, from €195,833 One hidden gem is Le Grand-Bornand, a picture-postcard area in the Haute-Savoie region, [...]
The risers and fallers of London boroughs ranked on house price growth as wider UK demand remains robust February 19, 2018 Housing demand remains resilient fuelling "cautious optimism" among new sellers in most regions of the UK, according to a new report fromRightmove. Average asking prices were up by 0.8 per cent (£2,414) this month, with all regions but one recording the price of newly-marketed property rising this month. The south west was "a very marginal [...]
These are the top development hotspots in London for 2018 February 19, 2018 House prices may have fallen in London last year, but there are still parts of the capital which have potential for developers. Knight Frank has analysed the parts of London which are likely to outperform the market in terms of price between 2018 and 2021, and have room for development. Read more: The risers and [...]
UK house prices: First-time buyers £27,000 better off than renters – and more than £50,000 more privileged in London February 17, 2018 Britons are pouring thousands of pounds in the pockets of landlords each year by renting their home rather than buying it. UK first-time buyers are an average of £27,000 better off than renters over a mortgage term, Halifax said today. And in London, the savings are even greater. Homeowners in the capital save an average [...]
Property legal Q&A: My London property is owned by an offshore company; are my details in the public domain? February 16, 2018 Not yet but soon they will be. For a number of years the government has mooted the idea of creating a public register of beneficial ownership of UK residential property, but the exact timetable as to when this register is to come into force has never been clear until very recently. Last month the [...]
Vote of confidence? This Japanese bank just signed for a huge new office in the City February 13, 2018 A Japanese banking giant has given a vote of confidence to the capital by signing for a vast new office space at the redeveloped Broadgate scheme on Liverpool Street. The European arm of Sumitomo Mitsui will take 161,000 sq ft at 100 Liverpool Street, part of the Broadgate development. The lender will take the first [...]