Brexit jitters dampen London property market as activity slumps, says Rics December 13, 2018 Fresh fears for the future of London’s subdued housing market have been brought to light this morning, with a new closely-followed survey suggesting that a growing number of the capital's buyers and sellers are sitting tight as Brexit jitters mount. Painting a downbeat picture for the upcoming months within London’s residential property market, the Royal [...]
Rate of remortgaging surges to ten-year high as homeowners lock in amid ‘competitive market’ December 12, 2018 Britain saw its highest levels of remortgaging in a decade during October, with homeowners locking into new deals as competition between lenders heats up. According to new figures from UK Finance there were 50,500 new homeowner remortgages completed in October, rising 23.2 per cent when compared with the same month a year earlier. The £9.2bn of [...]
Record number of new student beds provided as university accommodation market shows no sign of a slowdown December 12, 2018 Property agents are hailing a record year for the UK’s university accommodation market, with private investors ramping up their role in the sector to capitalise on the booming demand from overseas students. Real estate giant Cushman & Wakefield has said this morning that more than 31,000 new student beds were delivered for the 2018/2019 academic [...]
Holiday Homes: Thinking about buying a ski home? Read our guide on prices, places, powder and trends December 11, 2018 As the ski season descends upon us, it’s time to take a look at the best places to buy a ski home in the world, just in case you hit the slopes and never want to leave. Thankfully, we’ve got all the latest facts and figures at our disposal, thanks to the World Research team [...]
Focus On Pimlico: This central spot is the perfect place to pick up a period conversion flat and benefit from the re-development of Victoria December 11, 2018 In London, you often have to make the choice, whether to live in a traditional part of town that’s earned its towering house prices, but isn’t likely to soar again anytime soon; or take a punt on an up-and-coming part of town that’s better value and has the potential for price growth. Luckily, with Pimlico, [...]
Opinion: Tech hubs, new transport, and space near the city centre – why Birmingham is a smart place to buy property December 11, 2018 Birmingham continues to hit the headlines at the moment, with several factors converging to make investment in residential property particularly attractive right now in the UK’s second largest city. Everyone’s heard of the HS2 transport infrastructure, which is lined up to connect the city to London in 49 minutes. But HS2 also shifts the conceptual [...]
New homes: Our pick of the new builds going on sale in London this week December 11, 2018 New developments on the market this week Hampstead Manor, Hampstead £1.75m (show apartment asking price) A show apartment launched this week in a key heritage restoration project in north west London. Part of a larger scheme that also includes new builds, this two bedroom home is in a converted building called Dudin Brown, which dates [...]
Apple banned from selling seven iPhone models in China after Qualcomm dispute December 10, 2018 US telecoms giant Qualcomm has won two preliminary injunctions against Apple banning the importation and sale of several iPhone models in China. Apple shares dipped by as much as two per cent today after a Chinese court ruled that the sale of seven iPhone models infringed upon two of Qualcomm’s patents, before later recovering most [...]
Just Group soars on favourable new Bank capital rules December 10, 2018 Shares in pensions provider Just Group rose as much as 27 per cent this morning, following the release of the Bank of England’s final decision on equity release mortgages (ERMs), which the company welcomed as offering “greater clarity” for its future operations. Both Just and Barclays analysts said new rules released by the Bank’s Prudential [...]
UK house price growth slumps to six-year low December 7, 2018 UK house prices grew by their weakest rate in almost six years last month, according to figures released today. Boasting just 0.3 per cent growth in the three months to the end of November compared to the same period last year, house prices fell to their lowest growth since December 2012, according to Halifax. House [...]