This self-built house by design consultant Ian Silverstein is the coolest thing we’ve ever seen, and it’s yours for £1.75m April 27, 2017 As international design consultant Ian Silverstein works on his laptop in the library, he’s having to block out the sound of furniture being hastily rearranged downstairs. For him, the odd photoshoot request is part of the privilege of owning a uniquely attractive house in a historic part of the British countryside. It’s also a confirmation [...]
London office rents will fall over the next year, experts warn April 27, 2017 Rents for London offices are expected to fall over the next year, experts have warned, despite an overall recovery in the UK commercial property market. Chartered surveyors at the Royal Institution for Chartered Surveyors (Rics) have said that rents in both prime and mid-tier office spaces are at risk over the next 12 months. Read [...]
New stamp duty rules on buy-to-let homes are causing landlords to sell up in droves April 25, 2017 Letting agents have warned harsh new rules targeted at buy-to-let homes are driving landlords out of the market. Figures published today by the Association of Residential Letting Agents (Arla) showed the number of landlords selling up rose to four per letting agent branch in March, from three in February. Last year the government introduced new [...]
General Election 2017: Delivering Brexit isn’t enough: The Tories need a pro-growth vision for Britain April 25, 2017 The 8 June General Election is being viewed through the prism of Brexit. In one fell swoop, it is said that Theresa May can quash holdout Remainers, manage her party’s competing visions of Brexit, and improve her Brussels negotiating strength. Add to that giving herself until 2022 to implement a deal before fresh elections, and [...]
London property prices drop by £10,000 in a year as high-end market slumps April 24, 2017 The average price of London property has dropped by nearly £10,000 since this time last year, just as the rest of the country hits a record high. Properties in the capital are now coming to market 1.5 per cent (£9,423) cheaper than a year ago, the biggest fall since May 2009 according to Rightmove’s latest [...]
UK house prices: Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months April 21, 2017 Confidence in the UK housing market has risen following record declines, according to Halifax’s housing market confidence tracker. Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months, compared to just one in 10 (14 per cent) who expect prices to fall. In May 2015, a [...]
UK house prices: What the General Election means for the property market April 18, 2017 Yet another General Election in the UK means one thing for those trying to sell their homes: uncertainty, in spades, according to the UK property market. What does it mean? Here’s what experts think. Read more: Want to buy a house? London’s bad but the rest of the UK isn’t much better Lessons from history [...]
Fintech patents jump in “arms race” between banks and startups: These are the 10 countries filing the most April 18, 2017 The number of patents being filed for financial technology have jumped amid an “arms race” between fintech startups and banks, new figures reveal. Global fintech patents have grown by 49 per cent in the past five years, reaching 9,545 in 2016 according to official global filings. “The surge in patents reflects both the proliferation of [...]
Singapore REITs: Do they still possess long term value? April 10, 2017 Globally, real estate investment trusts (REITs) have become a popular way for investors to invest in property while at the same time receiving an income. This is particularly true in Singapore, which has developed into a hub for REITs in Asia ever since CapitaLand Mall Trust became the first one to launch back in 2002. [...]
Shoreditch is out, King’s Cross is in: These are the top tech hotspots for startups April 6, 2017 Shoreditch is out as the hotspot for tech startups, while the popularity of a reinvented King’s Cross is on the rise, new figures reveal. The majority of startups are now looking for space in Soho and Clerkenwell, data from Hubble shared exclusively with City A.M. reveals, leapfrogging Tech City. But it’s King’s Cross which has [...]