One Bartholomew Lane put on the market for £104m September 13, 2018 A major City building is being put up for sale for more than £100m today, City A.M. can reveal. One Bartholomew Lane, which is located opposite the Bank of England in the heart of the Square Mile, currently houeses South Korea’s sovereign wealth fund and the Agricultural Bank of China (one of China’s three largest [...]
Princesses, stamp duty and the rising tide of indoor swimming pools: The Billionaires’ Row estate agent talks to City A.M. about the changing times on London’s priciest street September 13, 2018 If anywhere is on the front line in the current struggle to sell London’s high-end property, it is The Bishops Avenue, the fabled Billionaires’ Row just north of Hampstead Heath; and if anyone is leading the fight, it is Trevor Abrahmsohn, the area’s legendary estate agent. Through his Glentree agency, Abrahmsohn has over the years [...]
Princesses, stamp duty and the rising tide of indoor swimming pools: The Billionaires’ Row estate agent talks to City A.M. about the changing times on London’s priciest street September 13, 2018 If anywhere is on the front line in the current struggle to sell London’s high-end property, it is The Bishops Avenue, the fabled Billionaires’ Row just north of Hampstead Heath; and if anyone is leading the fight, it is Trevor Abrahmsohn, the area’s legendary estate agent. Through his Glentree agency, Abrahmsohn has over the years [...]
The Grosvenor Estate weighs up move to become a serviced office space provider September 13, 2018 It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]
The Grosvenor Estate weighs up move to become a serviced office space provider September 13, 2018 It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]
Rental rises on London’s horizon as properties on the market slip while tenant demand swells September 13, 2018 London rents are project to creep back up following months of decline on the back of growing tenant demand and a drop in the number of properties coming onto the market. According to a closely-followed survey from the Royal Institution of Chartered Surveyors (Rics) out today, five per cent more respondents expected rents to rise [...]
Rental rises on London’s horizon as properties on the market slip while tenant demand swells September 13, 2018 London rents are project to creep back up following months of decline on the back of growing tenant demand and a drop in the number of properties coming onto the market. According to a closely-followed survey from the Royal Institution of Chartered Surveyors (Rics) out today, five per cent more respondents expected rents to rise [...]
Remortgaging surges in July as homeowners pre-empt interest rate rise September 12, 2018 The number of homeowners remortgaging their houses spiked to its highest level in more than a decade in July, amid a rush to lock in fixed-rate mortgage deals leading up to the latest Bank of England rate rise. Roughly 46,900 new homeowner remortgages were completed in July, rising 23.1 per cent compared with the same [...]
Malta leads house price growth as global hotspots slow down amid new rules September 11, 2018 The small Mediterranean island of Malta has seen the world’s steepest house price growth in the last 12 months, as traditionally fast-growing property hotspots fall behind in the wake of tough new property regulations. Malta experienced a 17 per cent annual rise in house prices during the year leading up to June 2018, topping today’s [...]
New mortgages hit 10-year high as lending activity grows September 11, 2018 Mortgage lending picked up in the second quarter of the year, with new commitments hitting their highest level in more than a decade amid a bump in the number of first-time buyers coming onto the property market. Read more: London house prices set to hit lowest growth levels since financial crash The value of new [...]