Property prices in Croydon, who is buy and more May 25, 2018 There was a time when Croydon was famous for three things; Kate Moss, trams and Mark and Jez’s dingy flat in Peep Show. Thankfully, its reputation – and its housing stock – have improved since then and it’s now notable for a whole host of other reasons. “In recent years, Croydon has seen a reversal [...]
London house prices see biggest annual drop in the whole of the UK May 24, 2018 London house prices were the worst performing in the UK over the last year, according to the latest figures from the Office for National Statistics (ONS). The ONS House Price Index, compiled in conjunction with the Land Registry, showed that house prices in the capital decreased by 0.7 per cent over the last year. This [...]
A rising dollar is positive for US small capitalisation shares May 21, 2018 The dollar has started to rise following a period of weakness. This is positive for dollar dividend payers and US smaller companies. Movements in the dollar can have a significant impact on your investments. This is especially true for investors based in the UK, as many of Britain’s largest companies are significant foreign currency earners [...]
City analysts say there’s more M&A activity on the horizon May 21, 2018 Equity markets nearing all-time record highs, interest rates still low and a weak pound have created a cauldron for mergers and acquisitions (M&A) that analysts anticipate continuing while current market conditions persist. Two FTSE 100 companies have already been acquired this year, a third looks set to go and with two more facing bids, 2018 [...]
Property market to become ‘flooded’ as 380,000 landlords look to sell-up May 20, 2018 Experts have predicted that the property market could be flooded by homes for first time buyers as 380,000 buy-to-let landlords are looking to offload their property in the next year. A survey conducted by the National Landlords Association (NLA) said that around a fifth of the UK’s landlords were looking to sell, and that nearly [...]
How much is property in Mayfair? May 11, 2018 Last month, Mayfair knocked Knightsbridge off the top spot as the most expensive place to buy in London for the first time in 10 years. Local agent Wetherells, which commissioned the report from Dataloft, puts this dethroning down to a lack of new homes being built in Knightsbridge, whereas that certainly isn’t the case in [...]
Housing reform is the only way to solve generational inequality May 10, 2018 This week, the Resolution Foundation published a report entitled A New Intergenerational Contract. The report, from the think tank’s Intergenerational Commission, found that millennials (born 1980-1996) are now half as likely to own a home at age 30 as baby boomers were. Four out of 10 millennials now rent privately at age 30 – double [...]
Royal Institution of Chartered Surveyors: London house prices predicted to keep falling as market has worst month since 2009 May 10, 2018 London’s housing market has experienced its worst month in nearly a decade, with surveyors expecting prices to drop even further over the next year. A highly-regarded survey published this morning reveals that 65 per cent more property surveyors saw London prices fall during April rather than rise, the weakest reading since February 2009. Sinking prices [...]
Millennials should receive £10,000 from the government to tackle generation gap says commission May 8, 2018 The government should introduce a £10,000 “citizen’s inheritance” for all 25-year-olds as part of a bid to boost millennials’ prospects, according to a commission bringing together top business groups and trade union bosses. The Intergenerational Commission will also propose a new £2.3bn National Health Service levy on pensioners’ earnings, a progressive property tax to replace [...]
nHouse founders Nick Fulford and Richard Hywel Evans on the need for modular housing in the UK May 2, 2018 While we all know what disruptive tech looks like, what does disruptive housing look like? By almost universal consent, three problems need to be addressed in the current market – affordability, sustainability and quality – and whoever conquers all three will seriously shake up the UK market. Yet architect Richard Hywel Evans thinks he, along [...]