January transfer window: Why Premier League clubs could hold off splashing the cash in mid-season January 8, 2020 The hype and bluster surrounding the Premier League transfer windows, and the shorter January version in particular, is well established. Rumour, counter-rumour and 24/7 rolling news with reporters in club car parks were designed for such occasions and have become ingrained in football culture. All the window means in practice, however, is that after five [...]
Mortgage lending to first time buyers increases as stamp duty bites landlords January 17, 2017 Buy to let landlords continued to shun the property market towards the end of last year, allowing more first time buyers to take out home loans. The number of loans taken out by landlords fell 10 per cent year-on-year in November, according to figures from the Council of Mortgage Lenders (CML), suggesting that tax changes [...]
Days of soaring London house prices ‘are long gone’, says UBS September 30, 2019 The capital’s real estate market has moved out of bubble-risk territory for the first time in four years amid cooling London house prices, according to a new UBS report. An end to London’s housing boom has pushed the capital down a UBS index that ranks the cities with the biggest real estate bubbles in the [...]
First time buyers, close your eyes – in 1996, you could buy a house in Hackney for £75,000 February 17, 2017 House prices in the London borough of Hackney have rocketed 700 per cent in the last 20 years. It may seem hard to believe now, but in 1996 the average house price in Hackney was just £75,569. Now, the average price is £606,269 – a jump of 702 per cent. Read more: This tiny house [...]
Space race: Boeing invests $20m in Richard Branson’s Virgin Galactic as it prepares public listing October 8, 2019 Boeing is to invest $20m in Sir Richard Branson’s space-tourism venture Virgin Galactic, meaning it will have more money to take on rivals such as Elon Musk and Jeff Bezos in the commercial space race. Branson founded space venture Virgin Galactic in a bid to cash in on rising demand for space travel. He is [...]
Private Equity: The Weight of the COVID-19 Crown April 7, 2020 Private equity (PE) often claims the financial crown of outperformance. But I am referring to that other, now infamous, Latin word for crown — corona — the shape of which lends its name to the current coronavirus pandemic. So how will it affect PE? Introduction PE investing is about absolute return, not outperformance, in my [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
Aston Martin is hoping next year’s James Bond movie will boost sales November 7, 2019 The chief executive of ailing luxury car manufacturer Aston Martin hopes next year’s James Bond movie will give the firm a financial boost. Shortly after announcing the company had fallen to a £13.5m loss in the third quarter of the year, Andy Palmer said the series usually gives Aston Martin a lift in China, a [...]
New report shows falling house sales persist amid ‘subdued’ London market July 12, 2018 June marked the 16th consecutive month of falling house sales in London, according to the closely watched survey from the Royal Institution of Chartered Surveyors (Rics). Prices in London continued to decrease, albeit at a lesser pace than the previous reports. The report, which shows falling prices as well as sales, suggests London’s "subdued picture [...]