Weak pound means pricier petrol and more VAT for the Treasury October 22, 2016 Treasury coffers have been bolstered by the weakened pound driving up prices at the pump according to a report released today. Fuel prices have risen by an average of 3.5p a litre over the last month. This means that the government is raking approximately £25m each month in increased VAT revenues, the AA Fuel Price report revealed. Read more: [...]
Focus On Herne Hill: House prices rise 12 per cent year-on-year in Brixton’s genteel neighbouring town October 21, 2016 Without a doubt Brixton’s greener neighbour, Herne Hill is also seen historically as Brixton’s more genteel neighbour. In the mid-19th century, this well-heeled south London suburb was home to mainly large, upper class “country” estates and revered members of high society – such as art critic John Ruskin – grew up there. These days, past [...]
New homes on sale in London, from an old Tudor Palace to Chiswick townhouses October 21, 2016 Brandon House, Borough From £735,000 Live on the site of an old Tudor Palace right next to London Bridge. This week, 77 new homes went on sale at Brandon House on Borough High Street, named after the Duke of Suffolk, Charles Brandon, who lived in a mansion there in 1518. It comprises one to three [...]
Focus On Holloway: How the area went from “no-go area” to a thriving hotspot for independent businesses October 17, 2016 Holloway may be one of the oldest neighbourhoods in north London, but it hasn’t always been popular. Londoners who weren’t Arsenal fans might only pass through to get on to the M1 and its infamous women’s prison on Parkhurst Road hardly does wonders for its reputation. For a long time, its only cultural claim to [...]
Got £40m? You could buy Liverpool’s iconic Liver Building October 17, 2016 Liverpool's Royal Liver Building is up for sale and is expected to attract buyers offering more than £40m for the landmark and its Liver Birds. The Grade I listed property is being sold by Royal London Mutual Insurance Society. It is the first time it has been on the market since it was first opened in [...]
Why Donald Trump should be closely watching the Mexican peso October 17, 2016 As the odds of a Donald Trump victory lengthened last week, few will have welcomed the news as much as Mexico. The Mexican peso, which fell by 12 per cent in the first nine months of this year, has bounced back as market fears of a Trump win calmed. “The peso has become a bellwether [...]
RICS says UK housing market back on track – but London house prices will fall October 13, 2016 Demand for housing is returning to the capital after a chilly period for the market both before and immediately after the EU referendum in June. The Royal Institute of Chartered Surveyors (RICS) has said more chartered surveyors are reporting an increase in buyer enquiries, up for the first time since February. Read more: This is [...]
Housing market activity picked up in August following July’s dip October 12, 2016 Lending for house purchases increased 11 per cent in August as confidence started to return to the UK housing market. Homeowners borrowed £12.2bn in August, according to the Council of Mortgage Lenders (CML), up 14 per cent month-on-month and up 11 per cent year-on-year. Read more: This is how sterling's unstoppable slide will affect UK [...]
This is how sterling’s unstoppable slide will affect UK house prices October 12, 2016 After a freak six per cent fall when markets opened in Asia last week, sterling is in free fall. The fall obviously has implications for people going abroad – but what about people here at home? We asked the experts what the flash crash will do to UK house prices. Read more: This is how the [...]
Here’s what the Monopoly board of 2016 looks like October 10, 2016 When Monopoly was created in 1935, the price tag for a Mayfair property was just £400 – but house prices have changed a lot since then. So if the Monopoly board was drawn up now, what would it look like? The cheapest parts of the board are still the same, but the average price on [...]