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 [...]
Office provider Workspace welcomes office return as occupancy rates rise October 7, 2021 Office-space provider Workspace has said it experienced a strong pick-up in activity last month as the UK gained momentum for the office return. Customer demand improved in the second quarter with an an average of 935 enquiries and 138 lettings per month Like-for-like rent roll was up 2.1 per cent in the first six months [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]
Deliveroo muscles in on rapid grocery delivery in London with Morrisons tie-up September 30, 2021 Deliveroo has made an entrance into the crowded rapid grocery delivery market by launching “Hop”, a partnership with Morrisons that will deliver groceries in south London from a dedicated “dark store”. Hop promises to deliver in “as little as 10 minutes” and launches today for initial delivery to residents in Vauxhall and Battersea in south [...]
Undecided about investing right now? Find out why Maida Vale offers a solid prospect September 27, 2021 Set at the meeting point of Maida Vale, Little Venice and St John’s Wood is Lyons Place, a boutique development by Almacantar, offering a prime opportunity for investment in the capital. Lyons Place is a collection of contemporary, finely crafted homes comprised of apartments, penthouses, and three-storey townhouses – with just one one-bedroom apartment remaining [...]
Renters return to London with a vengeance as City workers want to walk to work September 27, 2021 London prices have recorded the strongest quarter of growth in over a decade as the capital’s prime rental market now leads the recovery. A return of office workers and employees relocating for work meant prices were up 2.9 per cent in the third quarter, the strongest quarter of growth since March 2011, according to Savills. [...]
West Midlands’ transport system will follow London’s lead September 22, 2021 While Westminster was abuzz with all the reshuffle gossip last week, my eyes were immediately drawn to the renewed focus on the levelling up agenda. With a new high-profile cabinet minister in place and a re-named department, it is clear the Prime Minister is intent on delivering the vision he laid out in his speech [...]