UK house prices: More than three quarters of homes are selling below asking price June 27, 2017 More than three quarters of homes sold for less than asking price in May, new figures have shown – as the number of homes for sale rises. Some three per cent of properties sold for more than asking price in May, a report by the National Association of Estate Agents (NAEA) showed, down from seven [...]
Focus on Leyton & Leytonstone: First time buyers, cafes and coffee shops take over the high streets of E10 and E11 June 13, 2017 First time buyers have a fight on their hands if they’re planning to buy in Leyton. The E10 neighbourhood, along with its E11 sibling Leytonstone, is one of the most sought-after affordable housing hotspots in the capital. The popularity of nearby Stratford has undoubtedly boosted the good fortunes of this area, as the overspill has [...]
What Brexit, the General Election and foreign demand means for London’s commercial property market June 5, 2017 Martin Samworth practically lives on a plane. As the chief executive for Europe, Middle East and Africa (EMEA) for one of the world’s largest property consultancies CBRE, he’s a busy man. In the last few weeks, he has travelled to Madrid, Colorado, Dusseldorf, Tel Aviv, Frankfurt, Lisbon, and New York. The property veteran, who joined [...]
Focus On Clapham: Commons, good schools and cosy gastropubs means families stay put in SW4 June 2, 2017 Clapham is not a straightforward neighbourhood. Unlike Dalston, it isn’t synonymous with hipsters; it isn’t known for its international wealth like Knightsbridge; and it isn’t the naturalised home of the English gent like Hampstead. It’s best described as a south London suburb that has welcomed wave upon wave of migration from other boroughs. The Georgian [...]
Mid-market M&A pricing in Europe increases as private equity funds pay record high levels May 30, 2017 The price which buyers will pay for mid-market companies in Europe has increased by 1.2 per cent in the first quarter of 2017, according to the Argos Mid-Market Index from Epsilon Research and French investment firm Argos Soditic. Buyers paid an average of 8.6 times earnings before interest, tax, depreciation and amortisation (Ebitda), while the [...]
UK house prices: Demand for homes drops due to uncertainty around the General Election May 30, 2017 The demand for homes stuttered in April due to uncertainty around the General Election, according to the National Association of Estate Agents (NAEA). The number of house-hunters registered per estate agent branch fell in April, the property body found. There were 381 house hunters per branch in April compared to 397 in March and close [...]
UK house prices: The average price of a UK flat has risen by nearly £85,000 since 2009 May 21, 2017 Flat prices in the UK have soared over 50 per cent or nearly £85,000 since 2009, according to data from Halifax. The study found that growth in flat prices has upstaged growth in prices for other property types (39 per cent) in the last seven years. The average price of a UK flat has increased [...]
UK house price growth drops to 4.1 per cent in March as slowdown in London continues , according to data from the Office for National Statistics May 16, 2017 Average UK house prices increased 4.1 per cent in the year to March 2017, down from 5.6 per cent in the year to February 2017. New data from the Office for National Statistics shows the general slowdown in the annual growth rate seen since mid-2016 continues. House prices in London recorded the second-lowest annual growth [...]
London is now one of the five cities with the lowest house price growth in the UK April 28, 2017 London is now one of the five cities with the lowest house price growth in the UK, and has been overtaken by a slew of regional cities such as Manchester, Birmingham, Portsmouth and Leicester. In March, house price growth in London was just 4.9 per cent, according to Hometrack. Manchester, Birmingham and Bristol, the top [...]
Where things stand one year after BHS went into administration April 25, 2017 BHS was almost 90 years old when it went into administration a year ago today, but all that remains of its legacy now is a string of empty shops and an online store. When retail tycoon Sir Philip Green sold the chain for just £1 to serial bankrupt Dominic Chappell in 2015, he set off [...]