After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
M&G Real Estate move in on the east London housing market with development in Bow May 31, 2016 More tower blocks are set to pop-up in east London as property investors M&G Real Estate has signed a deal with Telford Homes to build new private rental homes in Bow. The £69.3m development will comprise two five-storey buildings and one 22-storey tower near the Langdon Park DLR station. Telford Homes is the developer and contractor of the scheme, which [...]
Looking for your first home? Find a partner first; nearly two out of three first-time buyers are couples May 31, 2016 If you're looking to buy your first home in the UK, think about looking for love first; new research out today shows most people aren't trying to go it alone in the current housing market. First-time buyers are on the up, but almost two out of three of them are buying as part of a couple, underscoring [...]
City Moves for 31 May 2016 | Who’s switching jobs May 31, 2016 International Property Securities Exchange IPSX (the new operating brand for the London Real Estate Exchange) has announced the appointment of Robert Bould as a non-executive director. Rob recently stepped down as chief executive of GVA Bilfinger (previously GVA Grimley), an international property agent and advisory firm, and executive vice president of Bilfinger Real Estate. Having [...]
Best of British: Four top UK stocks for your ISA – the cream of the house builders, defence, television and retail May 31, 2016 The UK is home to many great businesses and buying shares in ones with good business models and prospects for growth can be a great way to boost savings in an Isa or Sipp. Markets have been rocky this year because of Brexit and trouble overseas, but we asked the best fund managers for examples of [...]
Number of buy-to-let investors breaks through 1.75m barrier, though fears of a slowdown in the second half of the year persist May 30, 2016 The number of buy-to-let investors in the UK has broken through the 1.75m barrier for the first time, up by seven per cent over the last year. Not only are numbers of investors up but they're making more money as well. The net income – rental income minus all costs – of these investors increased by eight [...]
Rents are up 2.6 per cent in the year to April – and the market could be heating up a lot more this summer May 27, 2016 Private rents in Great Britain were up 2.6 per cent in the year to April, according to data released today by the Office of National Statistics (ONS) – and the rental market could get a lot more heating over the summer months. Unsurprisingly, London was burdened with the largest rent inflation, with rents rising at a [...]
It’ll take young Londoners more than a decade to save for one of David Cameron’s starter homes May 27, 2016 The government's new starter homes initiative has come in for a lot of flack – but this may be its most damning criticism yet. Yep: new figures by property services giant JLL show if the average young couple in the capital started saving now, they wouldn't get their hands on a starter home until 2028. That's more than [...]
These are the 12 jobs with the biggest payrises so far this year May 27, 2016 Fed up of waiting for a payrise? Perhaps it's time to start another career… New research by salary benchmarking site Emolument.com has identified the 12 jobs which have had the biggest pay increases so far this year – and, unsurprisingly, marketing tops the list. According to the research, salaries in marketing and communications roles have [...]
Privatising the Land Registry sounds like a great idea – but this is why it’s not May 27, 2016 It not uncommon to read about government policy decisions and count yourself lucky that you’re not the one making them. But when it comes to the current debate over whether to privatise the Land Registry, while a good idea on the surface, rejecting this proposal should be a no-brainer. It may not be a conundrum on [...]
Tech and engineering firms are flocking to a new tech hub in Silverstone May 27, 2016 Look out Silicon Roundabout, there's another tech hub out for the crown. Silverstone, the home of British motor racing, has been flooded recently with a raft of high-tech engineering businesses – and is now being branded as the Silverstone Technology Cluster. Property investment and development business MEPC – which is behind the development of Silverstone Park – has identified over [...]