After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Rent growth continued to slow in August September 7, 2016 Rents kept on an upwards climb in August, but the pace of rent growth is slowing. In August, prices grew by 3.1 per cent year-on-year, according to HomeLet's rental index. Tenants signing new agreements paid an average £913 a month. Read more: Here's where private rents are increasing fastest (and it's not London) But this [...]
These are the university towns where house price growth could pay for tuition fees September 6, 2016 What with top-up fees and inflation, going to university has become considerably more expensive in the past few years – but what if you could kill two birds with one stone, and pay off your university fees with your accommodation? New research by HouseSimple.com has found the universities where house price growth in the local area [...]
Housebuilders’ share prices rise as the big-hitters brave the Brexit storm September 6, 2016 Housebuilders were some of the top risers this morning after big-hitter Berkeley Group said it would meet its £2bn profit target and Redrow posted record results. At time of writing, Berkeley Group was leading the FTSE 100 risers, as its share price was up 3.72 per cent. Redrow's share price was up 7.26 per cent. Taylor Wimpey and Barratt [...]
Berkeley Group’s home reservations hit by stamp duty and the Brexit vote September 6, 2016 Berkeley Group, the housebuilder recently relegated from the FTSE 100, has said in a statement today that reservations for its properties have fallen by 20 per cent as compared to last year. Stamp duty tax changes and the EU referendum had made trading more difficult, it said in its trading statement today, which covers the period from [...]
Leave the buy to let market alone, Britain needs more landlords September 6, 2016 Twenty years since buy to let took off, landlords are now a crucial part of Britain’s housing ecosystem. The private rented sector, accounting for around one in five properties, provides much-needed homes for those people who are not ready to buy or do not want to purchase a property. However, the sector sometimes comes in for stick, [...]
Estate agent Belvoir says Brexit vote and stamp duty “unsettled” the property market September 5, 2016 UK property franchise Belvoir Lettings said this morning the property market had been "unsettled" in the lead up to the Brexit vote. Chairman and chief executive Mike Goddard said demand for property remains strong, but added that tax changes for buy to let landlords, combined with the EU referendum, meant the market's growth in the first [...]
More than a third of corporate debt is now with challenger banks, but London firms yet to be convinced September 5, 2016 Challenger banks are giving the incumbent players a run for their money, as figures out today show over a third (34 per cent) of UK business mortgages and charges are now issued by the smaller, newer lenders. In particular, 32 per cent of corporate debt is handled by what Avention, which carried out the research, classifies as smaller [...]
Japan’s issued 18 demands for Brexit or businesses could leave for EU September 4, 2016 Japanese businesses have issued an astonishing list of demands it wants from the UK and Europe ahead of Brexit negotiations at the G20 Summit, where Prime Minister Theresa May is starting informal trade talks. The 18 requests covering trade ties between the countries were made in a 15 page report issued by the Japanese government on [...]
Berkeley Group has suspended construction on a £20m housing scheme in Barnes September 2, 2016 Berkeley Group may have just dropped out of the FTSE 100, but that's unlikely to have stopped rival developers from keeping a close eye on its activities. Tony Pidgley, the company's founder, famously called the top of the London housing market during the recession. Now he's taken the decision to, er, stop building a small [...]
Something must be done about the surge in short-term lets on Airbnb – or we will be left facing a housing disaster September 2, 2016 Just when it seemed news for renters couldn't get any worse – it has. Figures out today from the Residential Landlords Association (RLA) show that a surge in the numbers of short-term lets on Airbnb could be having dire consequences for renters in London. In the four months from February to June this year London Airbnb [...]