London’s billionaire home buyers market doubled last year January 4, 2022 The London market for multi-millionaire and billionaire home buyers doubled during 2021, with Russian and Chinese buyers set to inject new energy into the market this year. According to a survey from Beauchamp Estates, in 2021 there were 32 sales for London homes with price tags topping £15m, compared to 17 sales in 2020. Over [...]
Prime properties outside London surge at strongest pace in a decade with house prices in Cotswolds leading the pack December 28, 2021 New research shows this morning that prices of prime properties outside London have surged at the strongest pace in a decade during 2021. As house hunters looked for more space and made lifestyle changes, price growth across the prime housing markets outside London averaged 9.3 per cent over 2021, marking the strongest annual growth since [...]
If the government wants to go green, housing accessibility can’t rely on cars December 27, 2021 Between 2015 and 2019, a total of 2,743 new major residential developments were approved in England. It was a record number, with 170,000 homes built in the year ending in June 2019 alone – the highest number for 11 years. The then Housing Secretary Robert Jenrick said it was his mission to “get Britain building.” [...]
Boris Johnson snapped in Downing Street Christmas quiz last year December 12, 2021 The Prime Minister has sparked further outrage after a photo of him taking part in a Christmas quiz at Downing Street last year has been revealed by the Sunday Mirror. The quiz reportedly took place on 15 December when indoor household mixing was still banned in London and office social gatherings including Christmas parties were [...]
Community infection: Omicron variant spreads fast as 75 new cases are detected across England December 4, 2021 The UK Health Security Agency (HSA) said a further 75 cases of the Omicron variant have been confirmed in England amid signs of a “small amount” of community infection. The latest cases take the total for England to 104 and for the UK as a whole to 134 – including the first confirmed case in [...]
London life expectancy: Knightsbridge and Belgravia crowned top spots November 29, 2021 London’s Knightsbridge and Belgravia have been crowned as the top spots in the capital for the longest life expectancy for men, with the average length of life being 92 years. The two central districts host some of London’s most prime real estate, with the wealth that makes a home in these areas a reality lending [...]
Landlords hiking rents at fastest pace since 2008 as demand for housing in London shoots up November 16, 2021 Private sector rents in September were 4.6 per cent higher than a year earlier at £968 per month on average, marking the strongest growth in 13 years. The fastest rice since 2008 comes as strong demand outstrips supply, according to an index. Excluding London, rents across the UK were up by 6 per cent annually, [...]
Breaking £370k mark: Average UK house price expected to jump by £40k within the next five years November 10, 2021 The average house price across Britain is expected to break through the £370,000 mark within the next five years, as property prices may rise by more than £40,000. Giving its predictions up to 2026, Savills predicts that the typical property value will increase from £327,838 in 2021 to reach £370,785. The property group expects the [...]
Dealmakers brace themselves for 2022 surge in UK M&A November 1, 2021 A survey of top dealmakers has revealed widespread conviction that the number of M&A deals in the UK will surge in the next 12 months, driven by an uptick in distressed deals as well as an expected flurry of activity in the TMT sector. After the number of mergers and acquisitions involving UK companies dipped [...]
Not using a selling agent? You could be missing out big time October 8, 2021 There really is no exact science when it comes to putting a price on a property. Ultimately, reality dictates that it is only worth what someone is willing to pay – something many agents overlook, or fail to communicate, when it comes to recommending the asking price. Since selling your home can be one of [...]