Property platform Onthemarket hails surge in potential buyers after lockdown October 13, 2020 Property platform Onthemarket toasted a surge in potential buyers following the lifting of lockdown restrictions earlier this year. Onthemarket said consumer engagement has been very strong after the government eased restrictions on the UK housing market in May, and it had delivered record leads to advertisers. The company said its “new and exclusive” property listings [...]
The Top 7 Googled Questions on Blockchain Technology Answered! October 13, 2020 Graphic Credit: iStock Photos (License)
UK house prices stage rapid recovery in third quarter October 12, 2020 House prices enjoyed their strongest quarterly increase since before the financial crisis in the third quarter as lockdown restrictions eased. Prices rebounded quickly in the third quarter after the broadbased closure of the market during the previous quarter. Prices rose 3.3 per cent in the three months to September, according to the Halifax Property Index, [...]
The answer to Britain’s housing crisis is more houses – not risky mortgages October 11, 2020 Housing experts were left scratching their heads this week after Prime Minister Boris Johnson announced his flagship policy to get young people on the housing ladder: bigger mortgages. Johnson plans to turn “generation rent” into “generation buy” by offering long-term, fixed-rate mortgages of up to 95 per cent of the value of the home. He [...]
On World Homelessness Day, can impact investing help us build back better? October 10, 2020 There is no debating that we are looking down the barrel of a tough six months. An increase in the daily cases of Covid-19 means that the gradual loosening of restrictions has ground to a halt, and the threat of a return to a full lockdown ahead of the festive season will be the Sword [...]
Major Tory donor, head of Garden Bridge and Brexit advisers receive top gongs in Queen’s Birthday Honours list October 9, 2020 One of the largest Conservative party donors, the head of the failed £40m Garden Bridge and 10 Brexit advisers were among the senior figures to receive awards in this year’s Queen’s Birthday Honours list. Tony Gallagher, who has donated almost £4m to the Conservative party over the last 13 years, was awarded a knighthood for [...]
British Land shares rise as it restarts dividend payments October 9, 2020 Shares in property development company British Land climbed 3.9 per cent after it announced it would resume paying its dividend, saying footfall at its retail parks was ahead of the wider market. The shopping centre and office-owner intends to pay dividends twice a year, in February and August. It previously paid them quarterly but suspended [...]
London-based digital lender for the wealthy gets UK banking licence October 8, 2020 A London-based digital lender targeting Britain’s affluent savings market, has received a restricted banking licence from UK regulators. Monument, which is targeting professionals, entrepreneurs and investors with a net worth of £250,000 to £5m, received an “authorisation with restriction” licence this week. The fintech, which is planning to launch in 2021, said it will offer [...]
Lardlord AEW presses on with Cineworld legal action despite closures October 8, 2020 Property firm AEW UK is reportedly going ahead with its legal action against beleaguered cinema chain Cineworld over unpaid rents, despite the closure of all of the firm’s theatres in the UK. AEW is suing Cineworld for around £200,000 of unpaid rent. The cinema operator has closed all of its UK and US cinemas after [...]
UK house prices to rise 20 per cent by 2024 October 8, 2020 UK house prices are expected to soar more than 20 per cent by 2024, according to the latest research. Analysis by estate agent Savills found that UK property prices will jump 20.4 per cent in the five years to 2024 Average house prices are expected to increase four per cent this year before stagnating in [...]