An analyst has worked out what happens to London house prices under three scary political scenarios July 4, 2017 Politics: it's been decidedly unpredictable in recent years. Not surprisingly, the resulting uncertainty has led to homeowners taking a moment to consider whether now is the best time to buy or sell. Now an analyst at UBS Wealth Management has confronted three of property owners' scariest political nightmares head-on, working out exactly what would happen [...]
FTSE 100 history: how the index has changed over 33 years July 3, 2017 The FTSE 100 index has just seen one of its quarterly changes with security firm G4S and real estate investment trust Segro promoted to the top 100. Although perhaps small in themselves, these regular events have changed the face of the UK’s leading index since it was formed in 1984. For the many investors whose [...]
Focus On New Cross: With year-on-year house price growth at nearly 15 per cent, SE14 is a safe bet in Zone Two July 3, 2017 Like many areas tipped for great growth in years to come, New Cross is a place that’s sandwiched in between two much trendier neighbours. The meteoric rise of Peckham and Deptford has left poor SE14 trailing in its wake, but there’s no reason why it shouldn’t be just as popular in just a few years. [...]
UK house prices: Is a crash coming? These economists thinks so, raising spectre of negative equity July 2, 2017 Leading economists have warned that the UK is heading for a collapse in house prices not seen since the early 90s which risks plunging homeowners into negative equity. "We are due a significant correction in house prices. I think we are beginning to see signs that correction may be starting," said Paul Cheshire, a professor [...]
UK house prices: More than three quarters of homes are selling below asking price June 27, 2017 More than three quarters of homes sold for less than asking price in May, new figures have shown – as the number of homes for sale rises. Some three per cent of properties sold for more than asking price in May, a report by the National Association of Estate Agents (NAEA) showed, down from seven [...]
Edinburgh ranked one of the world’s top cities for investment in new survey June 26, 2017 Investment activity in commercial real estate in Edinburgh, relative to the city’s current economic size, has seen Scotland's capital ranked as one of the world’s top cities for investment in the latest JLL Investment Intensity Index 2017. The index, which compares the volume of direct real estate investment in 150 cities, over a three-year period, [...]
Battersea Power Station’s affordable housing quota risked pushing it into “serious challenges”, says Wandsworth planning chief June 23, 2017 The chairman of Wandsworth’s planning committee has said the council had no option but to allow the developers behind Battersea Power Station to make changes to its affordable housing quota because the project faces “serious challenges”. In a statement today Richard Field said the committee “had a very difficult choice between accepting a potentially lower [...]
14 years of returns: history’s lesson for investors June 20, 2017 The temptation among investors is to stick to what you know. That is no bad thing. It is a strategy championed by pioneers of investment such as Warren Buffett. It can work when the market is rising and you have picked the right asset. However, it is also important for investors to also consider the [...]
Revealed: The best UK areas to buy holiday lets, as ‘Airbnb effect’ and weak pound pumps up income to double that of residential lets June 20, 2017 After a sweltering few days in London, holidaying in the UK may not seem like such a bad idea. And as the pound has weakened and apps like Airbnbmake it easier to let out a house, the country's holiday let market has boomed. Average income per booking was up 6.4 per cent year-on year in [...]
UK house prices: The best and worst areas for buy-to-let investments in the UK revealed June 15, 2017 Luton is the best place for buy-to-let investments in the UK, according to a new study. The Bedfordshire area has enjoyed a 7.37 per cent increase in rental price growth, according to a research by specialist mortgage lender LendInvest which looked at each postcode area around England and Wales. The research looked at a combination [...]