UK house prices slip for first time this year as Rightmove hails buyers’ market July 15, 2019 UK house prices have slipped this month for the first time this year, signalling a buyers’ market in the second half of 2019. Prices have fallen by 0.2 per cent, or £656, on average, according to Rightmove’s House Price Index, published today. Read more: House prices surge in June Fewer properties are coming to market [...]
Prospective buyers eye up London housing market July 11, 2019 Prospective house buyers are eyeing up the London property market as enquiries rise for the first time this year. Net first time buyer enquiries reached the highest number since 2016 last month in a sign that the London sales market is settling down. Read more: Investor enthusiasm for UK commercial property slumps In June, 23 [...]
Square Mile property deals soar at start of July July 10, 2019 City of of London property deals spiked this month, according to research that shows more money was exchanged in the first week of July than the whole of last month. More than £400m was exchanged in the first week of the month, overtaking the £318m exchanged in the entire month of June, figures published by [...]
A share in a housing nightmare? The problems with leasehold contracts and shared ownership July 10, 2019 The saga around leasehold contracts gets more complicated for buyers using the shared ownership scheme
Low-emission car registrations fall for first time in two years July 4, 2019 UK registrations of alternatively-fuelled cars fell in June for the first time since April 2017, with a major industry body blaming confusion over low-emission zones and incentives. Read more: Hybrid and diesel car sales fall in May amid government policy confusion Overall new car registrations in the UK fell for the fourth month in a [...]
Persimmon revenues drop as fewer homes completed July 4, 2019 Higher house prices were not enough to boost Persimmon’s top line in the first six months of the year as fewer homes stood ready in the half. Revenues at the company dropped 4.5 per cent year-on-year to £1.75bn. Read more: UK house prices – Growth falls to four-month low in June A higher average selling [...]
French Connection extends sale deadline June 28, 2019 French Connection has extended the deadline to complete a sale as the retailer confirmed it was in talks with a number of interested parties. The fashion brand had expected to close the deal in the first half of this year but has now pushed the date back to September. Read more: Sales fall again at [...]
Focus On Canary Wharf: there’s more than just money in E14 June 28, 2019 Most parts of London have had their ups and downs, but few areas have experienced shifts as seismic or profound as Canary Wharf. With the advent of the London Docklands, it went from being uncultivated marshland to the site of the world’s largest port. Following the docks’ closure in 1960, Canary Wharf became an economic [...]
Reforms to planning and Help-to-Buy unveiled by government June 27, 2019 A shake-up of Britain’s planning system that will let councils approve applications more quickly and enforce tougher Help to Buy rules on developers was unveiled today. Housing secretary James Brokenshire has revealed plans to introduce new quality controls on housebuilders, while also pledging to prevent developers from selling leasehold houses through its Help to Buy [...]
Bitcoin: Is it starting to feel like 2017 all over again? June 27, 2019 By Gary McFarlane from interactive investor. Bitcoin’s decisive break above the psychologically important $10,000 mark – with $11,000 breached over the weekend and in sight again – is being driven by institutional investors and the afterglow from Facebook’s Libra news, despite the regulatory and political pushback against Mark Zuckerberg’s global money plans. Also, the recommendations, as expected, from [...]