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 [...]
BUYING July 22, 2010 MANAGING PARTNER AT BLACK BRICK Q.Dear Camilla, I am thinking of selling my property but I am concerned that it is summer and there are fewer buyers around. When is the optimum time to put my property on the market? A.Summer tends to be quieter in the sales market, especially in August when many people [...]
City property deals top £1bn during last quarter, thanks to foreign buyers July 12, 2010 OVERSEAS investors looking for stable assets ratcheted the value of commercial property deals in the City by 57 per cent to £1.1bn in the last quarter, according to research published yesterday. A further £1.1bn worth of property in the Square Mile and Docklands is under offer with sales set for the third quarter of 2010, [...]
London is losing out from EU diktats July 7, 2010 SO there you are. The European Parliament has just voted to locate the planned new EU agencies to regulate banks, markets and insurers in Frankfurt, in a massive blow to London. This provision may yet be eliminated from the final directive but is an ominous sign. What won’t change are the new rules on bonuses: [...]