Foxtons share price falls as revenues drop 12 per cent January 27, 2015 The figures Not a good day for Foxtons shareholders. Shares fell 2.4 per cent in early trading as the upmarket estate agent – known for its trendy Minis and even trendier, bar-like offices – has posted fourth quarter results showing revenues fell 12 per cent in the three months to the end of December. That was [...]
London house prices: Unseasonable heat in the capital’s housing market January 19, 2015 After a muted end to 2014, London house prices grew 0.9 per cent in January, compared to just 0.2 per cent in the first month of 2014. 10 of the 32 boroughs surveyed by Rightmove reported asking prices having dropped in January, with the positive score for the region pushed up by some top performers. [...]
Which London business pays the highest business rates? Harrods, Citigroup and HSBC- but it’s not as much as the government’s Home Office bill January 16, 2015 Harrods is paying the biggest business rates bill of any business in London while five banks are in the list of top 10 highest payers thanks to their Canary Wharf based UK headquarters. The Knightsbridge retailer is paying £12.04m for it's in-demand and high-end location while fellow luxury store Selfridges is also paying the seventh largest [...]
London house prices: Can stamp duty save the capital from a demand crisis? January 14, 2015 Demand for houses has been falling in the housing market for six months, or eight if you live in London. It doesn’t feel so long ago we were talking about booms and whispering of bubbles, but that's gone for now. The latest figures from the Royal Institute of Chartered Surveyors reveals that 10 per cent [...]
London house price growth slows down for third consecutive month January 13, 2015 Growth in the London and wider housing market continues to slow down, new data has revealed. Data from the Office for National Statistics (ONS) reveals average London house prices grew 15.3 per cent in the year to November 2014, down from the 17.2 per cent recorded in October. In the UK as a [...]
London to experience 3.3pc house price slump in 2015 January 6, 2015 A slowdown in the prime end of the London housing market could drag UK house prices down by 0.6 per cent this year, according to the Centre for Economics and Business Research (CEBR) – a marked different to the 8.8 per cent growth experienced across the UK in 2014. The CEBR expects to see a [...]
The most expensive homes in the world: Where are they and who owns them? London tops the chart December 29, 2014 London’s Buckingham Palace is more than just the home of Britain's queen – it’s also the most expensive home in the world, with a price tag of $1.55bn (although it’s not for sale). But this isn’t the only home with an exceptionally high value – across the world, billionaires have either been buying up the properties [...]
Where could you buy a house for your salary in the UK? Use our property price calculator to find out how much real estate you can afford December 23, 2014 Click on the buttons in the top right to reveal the layers Inside every Briton is a property investor trying to get out. Our neighbours in continental Europe love to rent, but an English person’s home is his or her castle. There is just one barrier to this dream of home-ownership: house prices have risen [...]
London property prices: Do you live in the only London borough where demand for property is rising? December 22, 2014 Londoners are staying well and truly put, it seems. New data showing how much demand there is for property in each borough shows people just aren't interested in buying new homes. In fact, only one borough has showed an increase in demand since February. The research, by online estate agent eMoov, shows just how put [...]
London house price boom loses steam as national prices pick up December 21, 2014 London house prices are moving at a rate more in line the rest of the UK, new data shows, while homeowners borrow more in the run up to Christmas.The average UK price was up 7.8 per cent year-on-year in November compared to 7.9 per cent in London, according to figures released today from Haart estate [...]