UK advertisers have most faith in Paloma, who is enjoying the good life June 10, 2016 Paloma Faith sold out more than just concert venues last year. New research has today named her as the most popular popstar among advertisers. Faith was the artist of choice for four major brands – Calvin Klein, Dixons, Simply Be and Eastern Western – in 2015, according to research by Adbreakanthems and BPI. Read more: [...]
House of Lords defeat government on plans for starter homes April 12, 2016 The government has suffered a setback after the House of Lords defeated it on two starter homes policies. A coalition of Labour, Liberal Democrat and crossbench peers voted to moderate the government's plans to offer "affordable" homes to first-time buyers at a discount. The flagship policy was proposed by the government ahead of the General Election [...]
Taylor Wimpey purchases plots from Land Securities at Ebbsfleet Garden City April 25, 2016 Land Securities has sold over 500 plots to Taylor Wimpey at Ebbsfleet Garden City. It was announced today that FTSE 100-listed Land Securities had exchanged contracts with Taylor Wimpey for the sale of 539 residential plots at Castle Hill, which is one of three planned modern villages in the Eastern Quarry development and forms part [...]
Extended right to buy scheme could cost London councils just shy of £50m each May 4, 2016 Councils in London will need to fork out £49m a year on average to fund government’s planned extensions to the right to buy scheme, a report out today by Shelter has warned. Under the right to buy extension, local authorities will be forced to sell off a proportion of their vacant council house stock on the open [...]
London house prices broke the £600k barrier for the first time in April, according to the latest House Price Index from Your Move and Reed Rains May 12, 2016 London house prices broke through the £600,000 barrier for the first time in April, while the value of homes in the capital has almost doubled over the past seven years. Property prices in London have risen 11 per cent (£59,605) since this time last year, surpassing all other regions of England and Wales, according to the latest House [...]
Shared ownership’s time has come so here’s six ideas to help home buyers in the high cost capital November 9, 2015 There is an iconic image of the Patterson family stood outside their house with Margaret Thatcher. The first people to purchase their home under Right to Buy in 1980, Thatcher delivered the deeds herself. Right to Buy is back in the news, with the government striking an agreement to extend the scheme to housing [...]
Regular home buyers feel the squeeze as investors and second home buyers storm London property market April 27, 2016 Fewer than half of all homes sold in central London over the last three months went to regular homeowners, a new report has shown, casting a light on the extent of the housing crisis in the capital. Buy to let landlords accounted for 36 per cent of property transactions during the first three months of [...]
Gazumping is a go! This is how many property purchases fall through June 3, 2016 Some would-be homeowners are learning the hard way that, even if the ink's dry on the contract, it doesn't guarantee they'll be moving in any time soon. More than a quarter (28 per cent) of homebuyers have had a house purchase fall through after they've had an offer accepted, research out today has found. The [...]
Saudi Arabia’s bonds have broken the record for an emerging market issue, but are they good value? October 25, 2016 With three huge sovereign bond debuts, this has been a bumper year for emerging market government debt issues. First came Argentina, with a record-breaking $16.5bn (£13.5bn) sale in April, followed the next month by a $9bn issue from Qatar – double the amount it had originally planned for. Both were overawed last week, however, when [...]
Lastminute.com founder Lady Martha Lane Fox adds “mother” to her extensive CV June 5, 2016 Lastminute.com's co-founder Martha Lane Fox is adding yet another job to her CV – mother of two. The busy Baroness Lane Fox of Soho, who is also on the board at Marks and Spencer, Twitter and Channel 4, is used to juggling more than one responsibility in her career, so rearing twins should be a piece of cake. [...]