After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Experts have predicted house prices will drop for the first time since 2012, with London hit hardest June 9, 2016 Experts are predicting UK house prices will drop for the first time since 2012 in the coming months. According to a survey conducted by the Royal Institution of Chartered Surveyors (RICS), members, UK house prices will drop rather than rise in the next three months. London is expected to be the hardest hit with 43 per [...]
Home lending slowed in May as the EU referendum cast a shadow over the property market June 9, 2016 Home lending slowed in May ahead of the EU referendum as political uncertainty cast a shadow over the property market. There were 65,113 house purchase approvals in May, down 1.7 per cent from 66,250 in April – a 12-month low. This decline means house purchased approvals have fallen by more than 10 per cent over [...]
City Moves for 9 June 2016 | Who’s switching jobs June 9, 2016 InvestSure Online property investment platform InvestSure has appointed Andrew Pratt (pictured) as a non-executive director as it continues its expansion. Andrew will remain a senior residential consultant at Patrizia, one of the world’s top four residential real estate investors. Andrew was previously the UK managing director at Grainger and a property consultant at CBRE. Maseco [...]
Londoners are now spending 70 per cent of their income on rent and bills June 8, 2016 Londoners are now shelling out a staggering 70 per cent of average income on their rent and essential bills, new data shows. Analysis from Portico London estate agents shows that for three and a half days of a Londoner's working week earns them enough to pay for rent, as well as taxes, housing costs and [...]
Rental supply fell in May as stamp duty hike scared buy to let landlords from the market June 8, 2016 The government's stamp duty hike on second homes started to take its effect on the rental market in May as buy to let landlords were put off from buying, reducing the number of properties available to rent. There was a 15.4 per cent drop in new rental property listings in May compared to April, according to [...]
The rental market is starting to cool off a bit June 8, 2016 The rental market cooled slightly over the past few months as the rate of increase in prices slowed – although rents still rose in the three months to May 2016. Rents agreed on new tenancies in the UK over the past three months were up 4.4 per cent compared to the same period last year, [...]
City Moves for 8 June 2016 | Who’s switching jobs June 8, 2016 National Football League UK Melissa Brown, a sales and marketing executive with more than 15 years’ experience in the entertainment industry, has joined the National Football League’s London office to take responsibility for further growing the league’s commercial performance in the UK. Melissa joins the NFLUK office as vice-president of commercial partnerships following a stint [...]
Sadiq Khan won’t improve life for London’s renters by wrapping buy-to-let landlords in red tape June 8, 2016 A “referendum on housing.” That was how Sadiq Khan described the London mayoral contest. Access to housing that Londoners can afford is certainly critical to the future success of the capital, and at the heart of the mayor’s plans are substantial reforms to private rented property. As the voice of private landlords, we welcome debate about [...]
Estate agents Belvoir have revealed plans to buy-up Northwood for up to £22m June 7, 2016 Estate agents Belvoir have revealed plans today to buy-up Northwood for up to £22m. The acquisition is partly being funded by a placing of new ordinary shares in Belvoir at the price of 112p per share, hoping to raise £2.5m. The placing is being done through an accelerated bookbuild process to be launched immediately. Cantor Fitzgerald Europe is [...]
Halifax says house prices could be reaching unsustainable levels as property prices soar despite EU referendum June 7, 2016 There were no surprises in the latest numbers on house prices, released this morning – they are still going up. The average house was worth £213,472 in the three months to May, according to the Halifax house price index, 9.2 per cent more than the same period last year. The bank said the same old story [...]