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Property

  • Property of the Week: Agent Lurot Brand is listing this house in Boyne Terrace Mews in Holland Park under two prices – with their services or without

    July 8, 2016

    Boyne Terrace Mews, Holland Park, £3.75m/£5.75m A rare opportunity has come onto the market in Holland Park to custom build an ideal five bedroom house with the help of an agent who’s already done all the tricky paperwork. Getting planning permission to turn this mews house in a cul-de-sac in Landsdowne Road would have been tricky [...]

  • Opinion: Buying agent Property Vision on the immediate winners and losers of Brexit in the London property market

    July 8, 2016

    Following the referendum results, buyers are trying to work out what Brexit will mean for them – but I'm not sure anyone has a definitive answer to that yet. I have watched with interest the commentary from the selling agents and developers, promising a wall of dollar and euro-based cash heading for the London market. [...]

  • Buy to let tax changes knock London luxury rent prices

    July 8, 2016

    London's luxury property market is suffering from oversupply this year after the government's stamp duty changes came into effect at the beginning of April. The capital's rental prices on luxury properties have fallen by one per cent year-on-year in the first quarter, according to research from Knight Frank. Read more: Rents edged down in May as [...]

  • Brexit threat: Property financiers must keep calm and carry on lending

    July 8, 2016

    Before and since the result of the UK’s referendum on European Union membership, uncertainty has pervaded – not least in property markets. Weak construction PMI data, a spate of flagship property funds halting redemptions and downgrades from City analysts has further shaken confidence. Forecasts for companies in the sector have been reduced on the basis [...]

  • The infinite bookshop: How Chinese architects created a reflective space using mirrors

    July 7, 2016

    With Amazon, ebooks and high street supermarkets pushing bookshops to the brink of extinction, the few independent sellers remaining have sought to reinvent themselves as shrines to literacy, intimate meeting places for authors and their readers, and serene reading grounds amidst the urban noise. One such spot is Zhongshuge-hangzhou, a newly- opened bookshop in Hong [...]

  • Property companies’ share prices climb again after a difficult three days

    July 7, 2016

    After a difficult three days of trading for companies in the property market, things are looking slightly sunnier this morning. The increases today follow the news that house prices rose in June – but analysts are predicting house prices will fall in the second half of this year. Housebuilders Persimmon's share price climbed 6.9 per cent, Berkeley [...]

  • House prices increased in June, but the market is slowing – and some analysts are predicting price falls of five per cent this year

    July 7, 2016

    House prices increased month-on-month in June – but there are signs that the growth is slowing, and some analysts think that they will fall by five per cent in the second half of 2016. Prices were up 1.3 per cent in June as compared to May, according to the Halifax House Price Index, which recorded data throughout [...]

  • Property Entrepreneurs: We caught up with the founders of YOPA after Savills’ significant cash injection into the hybrid estate agency

    July 6, 2016

    Selling your home online just got a whole lot more interesting. In just one week in June, two newcomers into the estate agency market received major injections of cash, to help grow their businesses. Established estate agent Savills has backed upstart YOPA, while Carphone Warehouse founder Charles Dunstone has put his substantial bet on HouseSimple. [...]

  • One in ten renters are charged unexpected costs by their landlords

    July 6, 2016

    Renters are being saddled with unexpected rental costs as landlords charge them for maintenance repairs and flood damage without giving any warning. Research from Endsleigh shows over on in ten (14 per cent) tenants are being charged unexpected costs averaging £165.41 per person each year. Seventy per cent of those surveyed said they did not [...]

  • Henderson becomes fourth firm to close commercial property fund

    July 6, 2016

    Henderson Global Investors has suspended trading in its commercial property funds, the latest in a series of closures as companies combat investor panic. The company said it has temporarily suspended all trading in the Henderson UK Property PAIF and the Henderson UK Property PAIF Feeder Fund to "safeguard the interests of all investors". "Despite a strong underlying portfolio, the [...]

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