House prices reverse January fall as confidence increases March 1, 2012 HOUSE prices rose across the country in February, according to data published yesterday – although asking prices for prime properties have taken a hit from the seasonal dip in buying activity. Average prices rose 0.6 per cent in the month, Nationwide figures showed, rebounding from the 0.3 per cent fall in January. Prices were up [...]
CapCo enjoys value hike and sells properties in West End February 29, 2012 CAPITAL & COUNTIES (CapCo), the owner of Covent Garden Market and Earl’s Court, has unveiled an 11.7 per cent hike in net asset value and the disposal of its West End properties. The listed developer reported a jump in NAV to 166p per share in 2011 thanks in part to a rise in its total [...]
Asia hedgies’ boost for City February 29, 2012 LONDON is set to pick up lucrative new work from the boom in the Asian hedge fund industry, according to the authors of a new report. China and Asia’s other emerging economies are expected to drive growth in the size of the global hedge fund industry this year and the skills and location of the [...]
House-hunters look to UAE to avoid Eurozone February 20, 2012 BRITISH house-buyers looking to invest abroad are increasingly willing to move outside of Europe, according to research from PrimeLocation.com. Searches on the website for Spanish properties plummeted 15 per cent in the final quarter of 2011, compared with the previous quarter, the website said in figures out today. Italy and France were close behind, with [...]
Scottish house price dip means good value buys February 16, 2012 SCOTLAND: land of hunting, shooting, fishing…and fortified castles set amid hundreds of acres selling for less than £3m, the cost of a mere flat in certain parts of London. As Jamie Macnab, of Savills’ Edinburgh office, says: “Someone said to me once that four square miles of London is worth more than the whole of [...]
RICH LONDONERS SNAP UP MORE HOUSES January 31, 2012 LONDON’S equity-rich prime location homeowners are taking advantage of ultra-low interest rates to snap up similar houses, according to property consultant Cluttons. ‘“They are finding themselves in the enviable position of moving up the ladder without selling their existing home,” said Cluttons’ James Hyman. “This is worsening the supply shortage even further.”
SELL January 26, 2012 MANAGING DIRECTOR KAY AND CO WWW.KAYANDCO.COM Q. I have inherited some money and want to invest in a London buy to let – where should I look? A. I would suggest that you look at buying a one or two bedroom unit in a prime location, because there’s always a demand in central London for [...]
FOCUS ON: ST JOHN’S WOOD January 26, 2012 CHESTER TERRACE Price: £5.75m A six bedroom home with high ceilings and impressively proportioned rooms with benefits including a lift servicing all the floors and access to a private garage. Contact Knight Frank on 020 7629 8171 or knightfrank.co.uk WALPOLE MEWS Price: £995,000 Located on a discreet mews, this two bedroom property is in excellent [...]
From Kensington to Farringdon: why London’s prices are buoyant January 19, 2012 WHY ARE PROPERTY VALUES IN CENTRAL LONDON RISING FASTER THAN REST OF THE UK? Prices in Prime Central London are indeed out-performing the rest of the country. Over the last 12 months, average house prices across the UK have remained broadly stable, meanwhile in Prime Central London (PCL), prices rose by 12.1 per cent in [...]
FOCUS ON: MAYFAIR January 19, 2012 FOUNTAIN HOUSE Penthouse Price: £19.5m This stunning penthouse takes advantage of its unrivalled location, providing spectacular views across London. The property is completed to the very highest standard, using the best techniques and materials. Contact: www.knightfrank.com or 020 7499 1012 PARK LANE property Price: £9m This stunning, newly refurbished apartment in one of London’s most [...]