Bank of mum and dad finances half of all first-time buyer purchases as parents spend $10bn October 22, 2021 Nearly half of all first-time buyer housing transactions this year are being financed by the ‘bank of mum and dad’, according to a new property forecast, shared with City A.M. this afternoon. Total contributions from parents helping younger generations to buy a home are expected to reach £9.8bn in 2021, analysis from property group Savills [...]
Find your new home by the riverside at Leaside Lock, East London’s newest neighbourhood October 18, 2021 A new collection of contemporary studios, 1, 2 & 3 bedroom apartments in Bromley-by-Bow is launching 13th November, available with the London Help to Buy: Equity Loan* scheme on selected plots. As the prices in nearby Bow, Hackney Wick, Bethnal Green and London Fields have dramatically risen in recent years, many first-time buyers are finding [...]
No more new homes: housebuilding market will not recover before 2026 October 18, 2021 The UK housebuilding market will not recover until 2026, said property agent firm Savills. As reported by the Times, Savills has estimated that the volume of houses being built will not go back to pre-pandemic levels before five years and, even then, will still be 20 per cent less than the UK Government’s targets of [...]
Back to 2007: UK house prices rise for every region and buyer type October 18, 2021 It’s a full house for the UK home buying market, with property prices rising last month in every region of the UK, London included, and for buyer types ranging from first-timers to those at the wealthiest rungs of the property ladder. In London, the average property price hit £650,683, up another 1.9 per cent on [...]
Bitcoin all-time high coming soon, analysts agree October 17, 2021 The majority of some of the industry’s most respected crypto analysts agree that a new all-time high for Bitcoin is highly likely in the coming days. Bitcoin bludgeoned its way through the psychological barrier of $60,000 on Friday on whispers that the US Securities and Exchange Commission might be on the cusp of granting approval [...]
DOT takes lead as Bitcoin recovers, but retail market still yet to join party October 14, 2021 A swift recovery for Bitcoin has seen the price of the largest cryptocurrency climb back to more than $57k, having briefly dropped below the $55k mark yesterday.
The whisky-maker putting the ‘fun’ in Non-Fungible October 13, 2021 Glenfiddich is putting the “fun” into non-fungible, with NFTs you can drink. The pioneering single malt whisky brand is partnering with BlockBar, a new platform for buying, collecting and trading non-fungible tokens (NFTs) related to luxury wines and spirits. The service will launch next week, with the sale of limited edition Glenfiddich NFTs: fifteen unique [...]
Whisky giant Glenfiddich releases exclusive bottles with NFT authenticity certificates October 13, 2021 Award-winning whisky brand Glenfiddich is set to toast the current crypto craze by selling 15 bottles of a 46-year-old single malt with exclusive NFT certificates.
Revealed: The UK’s top 10 hottest property markets where house prices rise fastest October 9, 2021 City A.M. can reveal this morning what are the property hotspots across Britain at the moment, with Toxteth in Liverpool being identified as the number one market, with a 20 per cent increase in the average price tag for a home over the past year. Accrington in Lancashire, Retford in Nottinghamshire and Heywood in Greater [...]
A new app lets you invest in property from your phone October 8, 2021 We have become used to doing our banking and investing from our phones, so now a new financial-meets-lifestyle app is launching specifically for investment in the UK residential property sector. If you’ve had your eye on the buy-to-let market, but haven’t jumped, from next month you can build a property portfolio with a few clicks. [...]