Focus On Highgate: Old money and new money mingle in the mansions of this hilltop London village April 5, 2019 What’s the largest house in Britain? It’s pretty easy to guess – Buckingham Palace, probably the most famous residence in the world aside from the White House. Fewer people could name its closest contender, though, Witanhurst, tucked up in the corner of Highgate Hill. Comprising 90,000sqft – including a 70ft ballroom – it’s the largest [...]
New homes: Our pick of the new builds going on sale in London this weekend April 5, 2019 New developments on the market this week Filmworks, Ealing From £669,950 The final homes near the famous Ealing Studios are on sale in west London. Named Chapman House, after Graham Chapman who filmed Monty Python sketches at the nearby film studios, they’ll include a new eight-screen Picturehouse cinema and 46 one, two and three bedroom [...]
UK house prices drop in March amid Brexit uncertainty after shock rise, says Halifax April 5, 2019 UK house prices grew 2.6 per cent year on year in March, but fell compared to the month before, according to data released today. The value of the average UK home hit £233,181 last month, after growing 1.6 per cent between January to March compared to the three months to the end of December. Read [...]
Dorchester boycott: Angel investors retreat from Park Lane dinner after Brunei’s anti-LGBT laws April 4, 2019 A top UK angel investor group backed down over plans to hold its annual bash at The Dorchester late tonight amid a growing boycott against a set of luxury hotels owned by the Sultan of Brunei. Read more: Property events moved away from Brunei-owned hotels amid boycott The UK Business Angels Associations (UKBAA) raised eyebrows [...]
Why student housing is a first-class honours investment April 4, 2019 When it comes to the UK property market, an investment in knowledge clearly pays off. High yields, low risk, and fast returns are just a few of the reasons reasons luxury student housing has become the new essential in any high-net-worth individuals’ investment portfolio. While many of the UK’s older generation will reminisce of sub-standard [...]
US private equity giant Carlyle reshuffles its top team in Europe April 3, 2019 US private equity firm Carlyle has shaken up its executive team in Europe. One of its most senior female executives Zeina Bain left the private equity player on Friday and is joining UK fund manager ICG, the Financial Times reported. Read more: Carlyle Group to buy insurance service Sedgwick for £5.1bn Bain was at Carlyle [...]
Six tips to protect your portfolio during a market downturn April 3, 2019 When equity markets took a turn for the worse towards the end of last year, the onslaught of predictions about the end of the 10-year bull run came flooding in. With the markets creeping upwards since the start of 2019, it now seems that expectations of a bear market were premature. Even experienced fund managers [...]
Niche bank Cambridge and Counties hits record lending levels after launch of classic car loans April 2, 2019 Niche property bank Cambridge and Counties reported a profit rise and assets of more than £1bn after the successful launch of its classic car loans arm. The business-focused bank said pre-tax profit increased 14 per cent to £27.9m last year and loans and deposit levels reached record highs. Read more: Mortgage approvals fall as lending [...]
Generation Rent needs more help to buy property, not Help to Buy April 2, 2019 Britain is not yet a nation of renters – but it’s getting there. Half of children are now born in rented accommodation, versus a third back in 2003-4. The number of families renting with children has doubled in a decade, according to the insurance provider Royal London. Meanwhile, new analysis shows that the government’s Help [...]
Holiday Homes: New homes in a Renaissance palace set out to convert luxury second home buyers to the charms of Mallorca April 1, 2019 It would be too easy to dismiss Mallorca as simply a package holiday destination crowded with ex-pats and fake-tanned Love Island wannabes. But Palma, the Balearic Island’s elegant and historic capital, has now firmly shaken off its package-holiday past. Once the gateway to Mallorca, Palma is now a high-end destination with two Michelin-starred restaurants, designer [...]