THE TIPSTER March 21, 2010 THIS week the focus will be on Wednesday’s Budget and its political ramifications for the upcoming general election. The Labour Party will have been given a boost by last week’s encouraging public finances and Lloyds Banking Group’s announcement on Friday that it expects to turn a profit this year. But is it too little, too [...]
UK housing recovery running out of steam March 4, 2010 THERE were yet further concerns yesterday over a double-dip downturn in the UK housing market when mortgage lender Halifax reported that house prices fell 1.5 per cent in February, the first decline in this index since last June. The survey, which comes just days after Nationwide reported that UK property prices fell one per cent, [...]
SELLING March 4, 2010 Russell Hunt MANAGING DIRECTOR OF PROPERTY HUNT Q.Dear Russell, we are cash buyers but we keep losing out on houses. I thought cash buyers were supposed to have a better chance. Any advice? A.Buying your home is one of the biggest decisions that you ever have to make and it is also one of the [...]
How to manage your wealth in 2010 March 1, 2010 HASSIUM ASSET MANAGEMENT YOGI DEWAN WE have seen a volatile start ot the new year, but whatever is happening in the markets, some things never change. When choosing what to do with your cash, the first thing to remember is always to focus on long-term wealth preservation. Growth comes a definite second. When managing your [...]
London rises as miners and energy companies set pace March 1, 2010 LONDON’S top share index rose one per cent yesterday as big gains from miners and energy stocks, boosted by firmer commodity prices, outpaced faltering banks following disappointing results from HSBC. The FTSE 100 closed 51.42 points higher at 5,405.94 points, having hit a five-week high earlier in the session of 5,420.83. The index has rebounded [...]
House sellers start upping their prices February 15, 2010 AMBITIOUS property sellers hiked their average asking prices by 3.2 per cent as they hoped for a more prosperous 2010, property website Rightmove said today in its latest monthly survey. This is the greatest monthly rise since April 2007 and is somewhat surprising given the difficult UK and global economic picture. But a shortage of [...]
Housing market rebound starts to run out of steam February 4, 2010 HOUSE PRICES continued to rise in January but the pace of growth fell to its slowest level in six months, mortgage lender Halifax said yesterday, reiterating its view that UK property prices would remain flat in 2010. The monthly survey showed that house prices rose 0.6 per cent on the month in January, taking the [...]
Think-tank: the price of homes to jump 20pc January 31, 2010 HOUSE prices are set to rise by a fifth in the next four years as mortgage availability improves and interest rates stay low, although 2011 is expected to be tough, a survey showed. Average prices should grow more than six per cent in 2010 before slowing next year and then rising again in 2012 and [...]
THE TIPSTER January 31, 2010 FRIDAY’S upbeat house price data from the Nationwide was well received by home owners, but it might only last for the short-term. Whether the upward trend in home values can be sustained for any length of time is clearly open to debate. The prospect of rising interest rates threatens to squash demand as mortgage repayments [...]
CITY MOVES | WHO’S SWITCHING JOBS January 28, 2010 Earth Capital Partners The green investment advisory firm, chaired by ex-Man Group boss Stanley Fink, has appointed Bosworth Monck, Gabriel Montana and Richard Smith to its sustainable agriculture and forestry investment team. Monck, pictured, will head up the team and previously held roles as chief executive of Ibis Asset Management, chief operating officer of hedge [...]