London house prices up nearly 10pc in August as first-time buyers hit hardest August 16, 2015 London house prices have had their most buoyant August for eight years, new figures show. Homes in Greater London are 9.7 per cent more expensive than they were in August 2014, property website Rightmove said today. House prices normally face a drop in August when compared with July, as the holiday period distracts buyers and [...]
City Moves for 17 August 2015 | Who’s switching jobs August 16, 2015 Matthews & Goodman The commercial property adviser has announced the appointment of Giles Thomas to its national business space team. He most recently worked for TRW Real Estate, and began his career at Strutt and Parker, where he headed up its industrial team. Wedlake Bell The law firm has announced two promotions within its business [...]
Becoming Mr Matchmaker: Venntro founder Ross Williams talks going mobile, nature v nurture, and ginger dating August 16, 2015 A week today, Ross Williams will be a married man. “Oh, I’m not stressed, nervous, anxious, oh no,” he laughs. But Williams shouldn’t worry – after all, he’s got a wife and mother-in-law-to-be who are “absolutely fantastic” organisers, and his relationship was founded on a very firm footing: he and his fiancée met on an [...]
From TfL Tube strike and VJ 70 Day to Google’s transformation and London’s Plague pits: Here’s what got us talking this week August 15, 2015 A tennis player got fined for not playing cricket. The Labour leadership contest turned nasty. And somewhere in Covent Garden was the sound of the house price market going super-sonic. Here's what got us talking this week 1. We are pretty tight when it comes to tipping Yep, turns out we're pretty stingy. But not [...]
Grainger to sell German arm as demand for UK rental flats soars August 14, 2015 GRAINGER said yesterday it has hired bankers at Lazard to sell its German residential business, as it seeks to expand its presence in the UK private rented sector (PRS). The UK’s largest residential landlord has been one of the most active players in the UK PRS market. It now has 3,400 PRS units in its [...]
London house prices: Ex-council flat in Covent Garden sold for record-beating £1.2m August 14, 2015 A small two-bedroom flat near London’s Covent Garden has become one of the most expensive council flats ever sold after going under the hammer for £1.2m. Property agent Barnard Marcus said the flat, which is part of Siddons Court, an ex-council mansion block on Tavistock Street, has been snapped up for £1.21m after just six [...]
UK house prices rose at the fastest pace in a year in July – and could speed up this year August 13, 2015 British house prices rose at their fastest rate in a year last month, while the gap between supply and demand means they could speed up this year. The Royal Institution of Chartered Surveyors (Rics) monthly house price balance rose to +44 in July, from +40 a month earlier. This was the highest since July 2014 and [...]
UK recovery boosts Capital & Regional August 12, 2015 SHOPPING centre real estate investment trust Capital & Regional said the strength of the London property market and the recovery across the rest of the UK helped to fuel a better-than-expected rise in the value of its properties. The firm, which owns shopping centres, including The Mall in Wood Green, said its net asset value [...]
Zoopla share price jumps as it fights off competition from OntheMarket August 12, 2015 OntheMarket? What OntheMarket? Shares in online property portal Zoopla jumped 4.6 per cent to 265.9p in mid-morning trade, after it announced it was back to growth in the second half, with membership bouncing back following what looks increasingly like a blip. The figures Zoopla may have been hit by competition in its last results, but [...]
Trade and status: China weakens yuan to gain advantage August 12, 2015 China plans to top the global hierarchy with its surprise move to devalue its currency China shocked the world yesterday when it devalued the yuan by nearly 2 per cent against the dollar. The surprise move brings its currency to a three-year low against the greenback and should help revive exports. The news [...]