William Asprey: the luxury king’s baby turns 10 October 26, 2010 IN a world in which global luxury giants like LMVH-owned Louis Vuitton have to close shop an hour early to preserve stock – so great is demand – it’s hard to imagine how a single family-owned shop in Mayfair can keep its head above water. And yet, thanks to the intuition and hard work of [...]
BUYING October 14, 2010 MANAGING PARTNER, BLACK BRICK Q.There has been lots of negativity surrounding house prices recently. Are prices in central London falling? A.There has been a recent wave of negative headlines surrounding UK houses prices recently. The unexpectedly large 3 per cent drop in the Halifax house price index in September has grabbed the bulk of the [...]
Central London homes hit as summer lull takes a toll October 5, 2010 HOUSE prices in central London fell for the first time in 18 months in the third quarter of the year, the property firm and chartered surveyor Cluttons said yesterday. Prices fell 0.2 per cent, reversing a 0.9 per cent increase in the previous quarter, as demand for property weakened and the number of properties offered [...]
High-end homes drop in price October 4, 2010 THE COUNTRY’S most expensive homes have shed 1.5 per cent of their value in the last 12 months, suggesting demand remains low even as supply starts to tail off, according to research out yesterday. The dip has likely been caused by high net worth individuals deciding not to move to the UK, while others are [...]
Rents in New Bond Street top euro list September 21, 2010 NEW Bond Street has taken over from the Champs-Elysées as the most expensive shopping location in Europe, according to a survey. Rents also grew faster there over the last year than on any other shopping street in the world. They soared 19.4 per cent to £536 ($836) per square foot over the last 12 months, [...]
BUYING September 16, 2010 MANAGING PARTNER AT BLACK BRICK Q.Dear Camilla, there has been a fair amount of negative news in the papers relating to property prices. Do you think prices are going to crash again like they did in 2008? A.With so much conflicting data and house price indices, trying to determine what is happening with house prices [...]
PROPERTY NEWS August 5, 2010 £50M TO FUND AFFORDABLE HOUSING The Mayor of London and London Homes and Communities Agency (HCA) have approved the funding for 16 schemes aimed at providing 518 affordable homes. The schemes’ future was uncertain after the election but have now received a guarantee of a £50m cash injection. Nine new-build projects that will receive some [...]
FOCUS ON: THORNTON HEATH, SURREY July 29, 2010 SELLING Russell Hunt MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, I am looking to invest in a London property. Is central London still the best place to buy? A.It certainly makes sense to invest in prime central London property because at the end of the day it is all about supply and demand. Yes, you will [...]
vexx July 29, 2010 MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, I am looking to invest in a London property. Is central London still the best place to buy? A.It certainly makes sense to invest in prime central London property because at the end of the day it is all about supply and demand. Yes, you will pay a high [...]
The world’s centre of gravity is moving East July 25, 2010 THE Prime Minister, who leads a delegation of senior ministers including George Osborne, William Hague and Vince Cable to India this week, is right to commit his government to building a “special partnership” with Delhi. The world’s centre of gravity is moving East. Washington is shifting its attention from its post WWII Atlantic allies to [...]