UK house prices bounce back with 2.1 per cent rise December 6, 2019 UK house prices were 2.1 per cent higher last month then they were a year ago at an average price of £234,625, according to the Halifax House Price Index. Prices also grow on a monthly basis, rising 1.0 per cent from October. Read more: UK house prices: Growth picks up in November It means an [...]
Debate: After the M&G property fund suspension, should illiquid assets be banned from funds? December 6, 2019 After the M&G property fund suspension, should illiquid assets be banned from funds? Yes says Ryan Hughes, head of active portfolios at AJ Bell. In simple terms, offering daily dealing in a fund when the underlying assets can’t be sold in the same timeframe is asking for trouble. Most of the time, it might not [...]
Property of the Week: A quirky Georgian terrace in Bow – complete with pool December 6, 2019 Bow, the formerly industrial district of East London, isn’t renowned for its grand period properties – so there is considerable excitement among buyers when one does come on to the market. Such is the case with this five-bedroom property on Bow Road, which is not only an example of a beautifully-preserved Georgian period house, but [...]
Focus on Southgate: Second steppers find space in this family home hotspot December 6, 2019 Southgate in North London is a magnet for families, and it’s easy to see why. Not only does it have high-performing schools and an abundance of ample-sized properties, it also has plenty of green space (Grovelands, Broomfield and Oakwood parks are all nearby) and excellent links to central London thanks to its zone four Piccadilly [...]
Help to Buy: Most popular London locations for first-time buyers revealed December 6, 2019 South London dominated the most popular locations for Help to Buy home purchases, new research has found after the government ISA scheme came to an end. Lewisham, Deptford and Croydon were all popular with buyers seeking to get on the property ladder, as first-time home owners were priced out of previously popular locations such as [...]
Equity funds show signs of recovery following record outflows December 5, 2019 Equity funds bounced back to net inflows in October, with the sector showing signs of recovery following a bruising third quarter of record outflows. Investors ploughed £648m into equities in October in a much-needed boost for the funds following £1.7bn outflows the previous month, according to data from the Investment Association (IA). Read more: M&G [...]
Hiscox in line for FTSE 100 relegation December 1, 2019 Hiscox is in danger of dropping out of the FTSE 100 later this week following a spate of weather catastrophes that have dented the insurer’s balance sheet. The blue-chip insurance giant looks set to lose its membership on Wednesday, with Easyjet expected to fill its spot on the back of lower costs and higher capacity. [...]
Labour’s manifesto could break the fabric of the UK economy November 29, 2019 Labour’s manifesto would completely break the fabric of Britain’s liberal and tolerant free market economy, replacing it with a command and control centralising experiment that would do untold damage to the very people Labour claim to support. Let’s be clear; this is not a normal Labour manifesto. This Labour manifesto would uproot society to the [...]
Focus on Lewisham: New social scene sparks interest from first-time buyers November 29, 2019 One might assume there is something in the water in Lewisham. Although it is a relatively unassuming corner of South East London, it has been the birthplace of a wealth of musical talent: Cream drummer Ginger Baker, Rolling Stones bassist Bill Wyman and Sex Pistols frontman Sid Vicious were all born there. The town’s own [...]
Opinion: Reservation agreements can take the stress out of selling your home November 29, 2019 Reservation agreements – the practice of buyers and sometimes sellers paying a fee to show their commitment to buying a property prior to exchange – are having their moment in the spotlight as the government is on the cusp of launching its official trial. Early in the new year, it will ask selected estate agents [...]