Top tips for choosing the right tenant for your buy-to-let investment March 17, 2016 So you’ve spent months searching for the perfect property investment and transforming it into a modern, comfortable home. Now it’s time to hand over the keys to a perfect stranger and hope they pay up. Or perhaps you’re upsizing and you’re hoping Mr Rando won’t destroy your beloved first home. But how can you be [...]
Will Steinway & Sons’ newest invention, the Spirio, bring the player piano back into homes? March 17, 2016 The digital revolution has upset a lot of industries, but perhaps none more so than the music industry. With file sharing and streaming via subscription services the norm, the sight of vast collections of CDs stacked up around a home entertainment system is already becoming a rarity in living rooms. As a heritage brand with [...]
Focus On Canning Town: For affordability and an easy commute to Canary Wharf, the only way is E16 March 17, 2016 East London’s post-industrial landscape is rapidly disappearing in favour of quirky cultural venues, artfully rustic cafes and glassy residential towers. While the investment potential in Hackney and Tower Hamlets has been well-documented, other locations that are just as accessible have managed to slip under the radar. One of these is Canning Town, a part of [...]
Mipim: Former England football captain Rio Ferdinand and housing minister Brandon Lewis team up to build thousands of affordable homes through new charity Legacy March 17, 2016 Property and football joined teams in Cannes today as former England captain Rio Ferdinand and housing minister Brandon Lewis launched a new scheme to build create thousands of affordable homes across the country. The ex-Manchester defender and fellow football stars Mark Noble and Bobby Zamora have clubbed together to set up Legacy, a charity designed [...]
Property of the Fortnight: Rare Tower Walk townhouse on sale in the middle of St Katharine Docks March 17, 2016 House-hunting usually requires some compromise: a downgrade in location, a flat rather than a house, the sacrificial shedding of car parking space. At first glance, Johan Denekamp a former advertising CEO, seems to have it all – the townhouse, the location, the views – but take hope, because it took him and his wife a [...]
Mortgage borrowing rises in January as landlords race for stamp duty deadline March 17, 2016 Would-be landlords made a mad dash to secure mortgages in January as new rules on stamp duty for buy-to-let homes loomed, new figures show. Data from the Council of Mortgage Lenders (CML) shows landlords borrowed £3.7bn in January, up nine per cent from the month before – but a whopping 42 per cent year on year. New [...]
Battersea Power Station unveils the first “local, artisanal” tenants at its Circus West retail development March 17, 2016 Battersea Power Station has unveiled the first of the tenants for its Circus West retail development – and there's a decidedly olde worlde feel about them. The team behind the giant development, which will eventually include thousands of homes, shops and offices – as well as leisure space and parkland – said each of the [...]
Scheme is full steam ahead: Battersea boss hits back at fears that investors are fleeing March 16, 2016 The developer behind the £8bn regeneration of Battersea Power Station has sought to quash fears of investors fleeing the site after warning signs that a glut in new build homes, tougher tax rules, and currency turmoil in foreign markets is weighing on London's prime property market. Speaking to City A.M. in Cannes, Rob Tincknell, chief executive [...]
London remains top investment location for Middle East despite Brexit fears March 16, 2016 Wealthy Middle Eastern investors still rank London as their top city of choice for real estate investment, despite increased uncertainty in the market ahead of the EU referendum, new research shows. A joint survey conducted by estate agency Cluttons and YouGov of 127 high net worth investors from Saudi Arabia, UAE, Qatar, Bahrain, Oman and [...]
M&G backs £200m Snowhill scheme in Birmingham, as part of a 20 year master plan to turn the area into a business hub March 16, 2016 Fund manager M&G real estate has swooped in to back the £200m construction of Birmingham's Three Snowhill, in what will be one of the largest city office schemes to be built outside London. The 420,000 square feet building, which is being built speculatively by developers Ballymore, is part of a wider 20-year master plan to [...]