City Moves | Who’s switching Jobs September 27, 2012 Smith & Williamson Nick Murphy has been appointed as investment management director in the professional and financial services firm’s London office. He joins from Quilters, where spent 13 years and was most recently co-manager of gross funds. Murphy also sat on the asset allocation and charity committees at Quilters, and he is an associate of [...]
Best of the Brokers September 27, 2012 CINEWORLD Panmure Gordon has downgraded the multiplex chain to “sell” from “hold”, and has cut its target price to 220p from 230p. Cineworld saw low admissions during the Olympics. The coinciding releases of blockbuster franchises such as the Hobbit and James Bond are expected to bring the strongest trading in the last two months of [...]
FTSE edges up as banks and mining shares find favour with investors September 27, 2012 GAINS by bank and mining stocks helped lift Britain’s benchmark share index yesterday, although investors said worries over the Eurozone could limit further moves higher and favour more defensive sectors such as food or health stocks. The blue-chip FTSE 100 index, which fell 1.6 per cent on Wednesday to a three-week low, recovered slightly to [...]
Spain’s reform plans help ease Wall St’s pain September 27, 2012 THE S&P 500 snapped a five-day string of declines in a broad-based rally yesterday, as Spain’s plans for economic reform eased some worries about one of the Eurozone’s most troubled countries. The benchmark S&P 500 rose one per cent, its biggest percentage gain since the Federal Reserve announced its plan for a third round of [...]
London agents see a surge in security September 27, 2012 South End, Kensington Guide Price: £15.95m This Fort Knox house includes two panic rooms with four inch bulletproof doors, a steel gun-safe for 24 firearms, an eight-inch steel vault and two separate CCTV systems. I pity anyone unwelcome who tries to get into this house. Contact Knight Frank on knightfrank.co.uk or 020 7938 4311 Balfour [...]
Contemporary architecture at its best September 27, 2012 Broom Heath, Suffolk Strutt & Parker Guide Price £2.6m Located in the pretty market town of Woodbridge along the banks of the River Deben, stands this outstanding contemporary home. This award-winning house is a magnificent example of modern design, which sits harmoniously within its country landscape. Having been built just three years ago, buyers will [...]
London’s hottest residential apartments on the market September 27, 2012 RESIDENTIAL PROPERTIES situated in the most central locations of London are being snapped up. With more and more people looking to move to the heart of the capital, a hoard of new exciting developments have emerged to fulfil this need. We look at the best new residential developments to recently come on the market. Roman [...]
London Barometer September 27, 2012 The sales market is now chronically undersupplied with 30 per cent fewer properties available and 30 per cent more offers agreed than August last year, confirming that demand for property in the capital is continuing. With mortgage rates at a record low and a growing number of buyers, if you were looking to sell your [...]
Should I accept a low rental offer now or wait for a high one later? September 27, 2012 Q My house has been on the rental market for over three months and I’ve just had an offer of 40 per cent less than the offer price, what should I do? A There are various reasons for making a residential investment but most centre on either looking for a good yield, or long term [...]
Focus on: Belgravia September 27, 2012 Belgravia is at the heart of central London. Located in the City of Westminster and the Royal borough of Kensington and Chelsea, Belgravia has become one of the most coveted addresses in London. Situated close to Knightsbridge and Chelsea, with the best upmarket boutiques, restaurants and schools on its doorstep, Belgravia has everything to offer [...]