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 [...]
The Cheesegrater’s new owner CC Land wants to buy more City skyscrapers, according to deputy chairman Dickie Wong June 14, 2017 The Chinese property giant which bought the Cheesegrater tower, the tallest building in the City of London, for £1.15bn in March is eyeing more City skyscrapers. CC Land, a Hong Kong-listed company controlled by Chinese billionaire Cheung Chung-kiu, snapped up the Leadenhall Building in the second-biggest ever sale of a UK building earlier this year. [...]
Focus on Leyton & Leytonstone: First time buyers, cafes and coffee shops take over the high streets of E10 and E11 June 13, 2017 First time buyers have a fight on their hands if they’re planning to buy in Leyton. The E10 neighbourhood, along with its E11 sibling Leytonstone, is one of the most sought-after affordable housing hotspots in the capital. The popularity of nearby Stratford has undoubtedly boosted the good fortunes of this area, as the overspill has [...]
Opinion: Online agents will ultimately lose you money – because they can’t negotiate on your behalf June 12, 2017 The American president and lawyer Abraham Lincoln once stated that ‘a man who represents himself in court has a fool for a client.’ And as any property developer will tell you, other than finding a dishonest estate agent willing to defraud his client, the best way to buy a house for less than it’s worth [...]
London house prices: The change in house prices for the 33 London boroughs shows Haringey was the biggest gainer and Islington was the biggest faller June 12, 2017 Sales of London homes to the end of April were 29 per cent lower than the same period last year, according to Your Move’s latest England and Wales house price index. House prices in the capital continued to rise, up 2.7 per cent in the year to April 2017, but this is the second lowest [...]
UK house prices: What the General Election results mean for the property market June 9, 2017 The result of the General Election, which saw Conservative leader Theresa May lose her majority, has left Britain shocked. But what will it mean for the property market? While some experts think uncertainty may return to the sector, others think the property market will continue to remain strong. Take a look at what experts have [...]
WeWork snaps up 280,000 square feet of space in South Bank for setting up the largest co-working space in the world June 7, 2017 US shared office group WeWork has agreed to lease 280,000 square feet near Waterloo station to set up the world's largest co-working space. Owned by property giant Almacantar, the space at Two Southbank Place was let as part of London's largest leasing agreement this year so far. WeWork has 12 locations in the capital and [...]
What Brexit, the General Election and foreign demand means for London’s commercial property market June 5, 2017 Martin Samworth practically lives on a plane. As the chief executive for Europe, Middle East and Africa (EMEA) for one of the world’s largest property consultancies CBRE, he’s a busy man. In the last few weeks, he has travelled to Madrid, Colorado, Dusseldorf, Tel Aviv, Frankfurt, Lisbon, and New York. The property veteran, who joined [...]
Blockchain: Getting down to basics June 2, 2017 There has been much talk about blockchain disrupting the financial services industry. Earlier this month, IBM’s vice president of blockchain declared that ‘2016 was the year of blockchain experimentation,’ and ‘2017 is the year of adoption.’ (The fact that IBM has an executive with ‘blockchain’ in his job title is a data point by itself.) [...]
Focus On Clapham: Commons, good schools and cosy gastropubs means families stay put in SW4 June 2, 2017 Clapham is not a straightforward neighbourhood. Unlike Dalston, it isn’t synonymous with hipsters; it isn’t known for its international wealth like Knightsbridge; and it isn’t the naturalised home of the English gent like Hampstead. It’s best described as a south London suburb that has welcomed wave upon wave of migration from other boroughs. The Georgian [...]