Here are the top places to live for young professionals June 17, 2016 Young professionals are yearning for the seaside as a report out today shows the south coast continues to draw City workers. It is the second year in a row the BN3 postcode of the coastal town of Hove has topped the list of the 20 most popular places for young professionals to live, compiled by Lloyds Bank. [...]
Buy to let bows out: Rents edged down in May as a wave of buy to let properties hit the market June 17, 2016 Rents took a slight dip in May as property transactions completed before the government's stamp duty hike for second homes came onto the market. Compared to April, there was a 0.2 per cent drop in rents, according to lettings agents Your Move and Reeds Rains. Read more: How landlords are softening the blow of buy to [...]
Focus On Bloomsbury: House prices are blooming marvellous in this intellectual corner of central London June 16, 2016 Bloomsbury conjures up images of fusty intellectuals like former residents Charles Dickens, Virginia Woolf, EM Forster and John Maynard Keynes. Home to austere, prestigious institutions like the British Museum, the Royal Portrait Gallery and University College London, it isn’t necessarily somewhere you’d think of moving to. But the recent clamour for central London property has [...]
The Affordable Art Fair in Hampstead is the savvy way to buy original art without breaking the bank – and we can get you in for less June 16, 2016 If you, like me, didn’t quite make it to Art Basel in Switzerland or Design Miami in the States this weekend, then a day out at the Affordable Art Fair (AAF) in Hampstead is a great , wallet-friendly alternative. Each year AAF happens all over the world, from Milan to New York, Singapore to Seoul, [...]
Opinion: Why canny investors need only look for co-working spaces to find London’s housing hotspots June 16, 2016 London’s biggest employment story during the last decade is Tech City, surrounding Old Street Roundabout. In recent years Tech City has undergone significant redevelopment, with investment from companies such as Cisco, Facebook, Google, Intel and McKinsey & Co. Now the third largest tech cluster in the world, it generates 27 per cent of London job [...]
One in five London homes is for sale at £1m or more – here are the priciest boroughs June 16, 2016 So bored of Brexit that you don't even care what happens on the 23 June any more? Well, good news: London house prices are still outrageous, so you can get annoyed (or, deliriously happy, depending on your home ownership status) about that instead. New data out today showed one in five houses in the capital are worth £1m or [...]
Purplebricks’ revenues soar over 400 per cent as the online estate agent eyes up Australia June 16, 2016 Online estate agents Purplebricks today announced a jump in revenues as it sets its sights on the Australian property market. The figures Revenues for the 12 months ending 30 April were up by 448 per cent, rising from £3.4m in 2015 to £18.6m this year. However, Purplebricks’ losses jumped over the period to £11.9m from [...]
Guess which screen hero’s house this is: This company recreates famous apartments in 3D computer models June 15, 2016 Recognise the layout of this apartment? The sunken, cream-carpeted “conversation-pit” living room? The bizarre patterned wallpaper surrounding the doorway from the kitchen to the corridor, from which the downstairs neighbour has made a few rapid exits following secret trysts? It is, of course, the trendy Manhattan apartment occupied by Mad Men’s anti-hero Don Draper, and [...]
How the ONS single-handedly knocked £100,000 off the average UK house price in April June 15, 2016 Eagle-eyed house price watchers may have spotted something fishy about the official house price figures for April. Yep: in the figures, published yesterday, the average UK house price was almost £100,000 lower than last month – dropping from £292,000 in March to just £209,000 in April. Are those jitters over the EU referendum really having that bad an [...]
Berkeley Group chairman Tony Pidgley backs Remain as the housebuilder’s revenues fall June 15, 2016 Berkeley group's chairman, the venerable Tony Pidgley, has backed the Remain side as the company announced this morning that its revenue had fallen. The figures Revenues fell at the UK housebuilder from £2.12bn to £2.05bn in the year to April 30. Pre-tax profits were also down, from £539.7m to £530.9m. The company said that there is "robust underlying demand" but [...]