London property prices: Office sales smash through £13bn barrier after German investment boost October 16, 2017 A surge in investment from German and UK property firms has pushed London office transactions past the £13bn barrier. Buyers from 27 different countries are active in the central London office investment market, estate agent Savills said today. There have been £13.4bn of office transactions so far this year, some 23 per cent than 2016 [...]
No more late rent: Livingbridge invests in social housing software business Mobysoft October 16, 2017 Predictive software business Mobysoft, which aims to help social housing landlords predict which tenants will be late to pay rent, has nabbed investment from private equity firm Livingbridge. The firm has invested from its £220m Enterprise 2 fund, which generally writes cheques of £5m to £15m for high-growth smaller companies in the UK. Mobysoft’s RentSense [...]
UK house prices: This has been the best October for property price growth since 2014, says Rightmove October 16, 2017 The UK’s house prices have risen by 1.1 per cent in October, the highest month-on-month rise rise for any October since 2014. But that isn’t translating into sales, according to a closely-watched index. The Rightmove house price index, which measures the prices of homes put on the market, said the average property price has risen [...]
The West End wins big property deals as London office space take-up soars October 16, 2017 Take-up of office space in central London surpassed a 10-year average in the third quarter this year. Central London take-up was 3.4m sq ft, marking a quarterly increase of three per cent, and beating a 10-year average of 3.1m sq ft, according to the latest figures from global real estate advisor CBRE. The largest deal [...]
Rate rise will not leave challenger banks exposed says Hampshire Trust chief executive Mark Sismey-Durrant as profits surge October 16, 2017 A widely expected interest rate rise from the Bank of England will not leave the specialist lending sector exposed, according to the chief executive of a challenger bank which has seen profits surge in the last year. Hampshire Trust Bank recorded rapid profit and loan book growth in the first half of 2017 said its [...]
The 19 UK towns most at risk of a house price bubble: Cleveland, Blackburn and Blackpool come top October 12, 2017 UK house prices may still be rising, but with the Bank of England on the brink of hiking interest rates, the market may be about to change trajectory. Now, by comparing lending levels with house price rises, new research has listed the UK towns and cities most at risk if lending conditions change. Mortgage broker [...]
Here’s how much it’ll cost you to buy a single square foot in London October 6, 2017 The average London home now costs just under £500 per sq ft, according to new data – a rise of more than 50 per cent in five years. The figures by Zoopla suggest the average London home now sets buyers back £496 per sq ft, up from £321 in 2012. Newham, which includes Stratford, was [...]
iPhones, oil and active investing: seven best investment charts of the month October 6, 2017 Taiwan tech tied to iPhone launch If history has taught investors anything, it is that the hype surrounding the latest iPhone launch by Apple usually ends up falling short of expectations. And this extends to the share prices of the many components suppliers involved in the giant’s supply chain too. In Asia, many Taiwanese technology [...]
Swedish design creatives in Malmo and the surrounding Skane region are challenging Stockholm for the crown October 2, 2017 For ancient history buffs, it’s Rome or Stonehenge; for foodies, it’s Le Marais or Tuscany; for design nerds, home is Sweden. There’s something about its laidback charm, its rustic, uncluttered décor that’s universally appealing. But there’s a feeling that its capital, Stockholm, has lost a little of its moxie. Sky-high property prices and an ultra [...]
UK house prices: The 10 most expensive streets for million pound properties in London and Britain revealed by Zoopla October 2, 2017 The number of streets where homes cost more than £1m has grown by 16 per cent over the past year, new figures reveal. But the value of property on the most expensive street in Britain has fallen by £2.5m and, in fact, prices have declined on half of the top 10 priciest roads as London’s [...]