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 [...]
Linkedin division paid no corporation tax on £70m profit November 28, 2019 An Irish subsidiary of social media network Linkedin paid no corporation tax last year despite posting a profit of almost £70m. Accounts filed for Linkedin Technology revealed the company pulled in profit of $86.7m (£67.1m) in 2018, a huge increase on the $10m posted the year before. Read more: France will tax Amazon and Facebook [...]
UK house prices: Growth hits seven-month high November 28, 2019 UK house price growth ticked up this month, showing the strongest annual rise since April. However, annual house price growth remained below one per cent for the 12th month in a row at 0.8 per cent, reaching an average price of £215.734. House prices were up 0.5 per cent month-on-month, according to the latest Nationwide [...]
Revealed: the global league table of pension worry November 27, 2019 Where in the world are investors most concerned about their pension savings? Schroders surveyed over 25,000 investors to find out. Experts often warn of a growing crisis in retirement saving. A study by the World Economic Forum, for example, calculated that the total shortfall in some of the world’s largest pensions markets would grow from $70 [...]