Spend £3m to live in a former youth hostel January 21, 2010 PROPERTIES at Wellgarth Manor, a luxury residential development in north London’s Hampstead Garden Suburb, start at a cool £3m. Cynicism might be your reaction – it’s a hefty price tag for a development in a former youth hostel who’s closest Tube station is scruffy Golders Green in Zone 3. But not every re-vamped youth hostel [...]
Q&A: BUYING January 21, 2010 Russell Hunt MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, I am after a standard London property but am short on time. Even if I’m not after something high-end, is it still worth me using a buying agent? A.Even if you aren’t after an expensive property, there’s no reason why you can’t use a buying agent – [...]
FOCUS ON: RICHMOND, SURREY January 21, 2010 THE GRAND TERRACE, RICHMOND LOCK, TW1 1PX Price: From £1.35m The last phase of this development is scheduled for release at the end of this month and there will be 12 five-bedroom, period-style properties available to buy. The development is set close to the Thames and next to the Richmond promenade. Each property has four [...]
Why strategic downsizing is on the up these days January 21, 2010 EVERYBODY’S doing it. Not smoking or breaking their New Year’s resolutions – though there’s a fair bit of that going on too – but downsizing. Sue Laming, of Savills, says: “Finally, there’s decent value in the market. Nobody’s getting short-changed. Only 18 months ago there was virtually no downsizing, only distress sales. But now that [...]
Twist all set to turn on the Magic in Ascot’s Victor Chandler Chase January 21, 2010 ONLY eight runners have been declared for tomorrow’s Victor Chandler Chase at Ascot, but we are still set for a mouth watering clash with TWIST MAGIC, Petit Robin and Well Chief all standing their ground. However, Paul Nicholls’ dual Tingle Creek winner turned in a special performance at Sandown last month and if he turns [...]
the INSIDER January 21, 2010 In 1985 I was surrounded by ‘ghettoblasters’ playing tunes such as Journal of an Airman and 30-Love. In 1987 they were joined by Rodney Allen performing Days of 49. All the tracks were recorded be the Blue Aeroplanes who were quite prolific between 1984 and 1990. Today they would have to go some to match [...]
Stoke could prove tough nut to crack at Britannia January 21, 2010 STOKE CITY vs ARSENAL SUNDAY – 1.30PM, ITV1 ARSENAL did readers of this column a favour with their 2-0 win against Bolton at the Reebok last Sunday. It was a fairly comfortable victory for the Gunners, but they had to fight to come from two behind against the same opposition at the Emirates on Wednesday [...]
US banks reveal cost of repaying bailouts January 20, 2010 WALL Street’s major players revealed the full price of buying their way out of the US government bailout scheme yesterday. Bank of America joined Citigroup to see its bottom line pummeled after paying a hefty penalty to escape the $700bn state Troubled Asset Relief Programme (Tarp) in the fourth quarter. Morgan Stanley, JPMorgan, Goldman Sachs [...]
Buffett slams Cadbury deal January 20, 2010 MAJOR Kraft shareholder Warren Buffett has attacked the US company’s £11.7bn proposed takeover of chocolatier Cadbury as a “bad deal”. Buffett, who made a high-profile intervention earlier in the month when he warned Kraft chairman Irene Rosenfeld not to overpay for the British company, said he felt “poorer” as a result of the 850p per [...]
UK about to miss a great opportunity January 20, 2010 THERE are two, diametrically opposed ways to respond to the immense challenges posed by globalisation and the rise of the emerging markets. The first – and right way – is that followed by much of the private sector, especially in London, the most global and open of all the world’s great cities. Everyone with an [...]