London house prices: Brexit uncertainty to send property prices dropping over 2019 April 11, 2019 Brexit uncertainty is weighing heavily on London and the south east’s housing markets as house prices are expected to continue to drop over the next 12 months. Read more: Steep London house price drop drags back UK housing market Buyer demand is dropping with new enquiries falling for the eighth month in a row, according [...]
MPs, stop trying to tout the demise of the secondary ticket market April 10, 2019 The secondary market for buying tickets to gigs, music festivals, and sports events is in a mess. Complaints about punters being ripped-off by ticket touts regularly attract critical publicity. Many promoters have taken to refusing entry to people if they believe that their tickets were obtained without their approval. Some events appear sold out within [...]
Death of the High Street? Why we’re still backing UK retail April 9, 2019 Following some dire headlines you might rightly wonder why the share prices of UK retailers have recorded double-digit gains this year (see graphic, below). Surely the relentlessly downbeat mood music from the mainstream media (and pessimism among analysts) is confirmation that the UK consumer is in full retreat, and consumer-exposed sectors are in deep trouble? [...]
Mortgage and investment platform Lendinvest secures £200m funding from HSBC April 8, 2019 Mortgage marketplace and property investment platform Lendinvest has secured up to £200m in funding from HSBC in order to launch its home loan product this year. The new funding will allow the London-based firm, which launched in 2008, to enter the regulated home loan market for the first time as it targets becoming a whole-of-market [...]
Hotels stump up for new business rate bills April 7, 2019 Some of London’s most iconic hotels are facing renewed pressure from rising property taxes, according to business rate experts who fear that the sector could be hit by the latest round of bills. Real estate services firm Colliers found that 93 London hotels have been charged with a combined total rates bill of £12.2m this [...]
Notting Hill: The West London enclave defying London’s house price slump April 7, 2019 With its annual carnival, famous market and edgy-cum-glamorous feel, Notting Hill has never been a place to conform to the norms of other Central London neighbourhoods. And it is in keeping with such independence that while many of the capital’s prime residential hotspots are currently undergoing a slump, the West London enclave’s property market has [...]
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 [...]