The Crown Estate unveils luxury homes at The Sherwood off Regent Street February 1, 2016 The Crown Estate has unveiled its latest collection of luxury apartments near Regent Street, which went on sale to the domestic market today. Named The Sherwood, the scheme is part of a £1.6bn overhaul across Regent Street and St James’. The developer, which returns all of its profits to the UK government “to benefit the nation”, [...]
When Brent meets Chelsea: How buying property in all 32 London boroughs over the last 20 years would have made a savvy investment April 21, 2016 Judging which areas will generate the best returns over the next 20 years can be tricky even for the wisest property sage. Data from estate agent Knight Frank show that Hackney was the best performing borough during that time, with an annual price growth of 11.9 per cent, followed by Lambeth at 11.2 per cent. However [...]
Zoopla share price rises as it shrugs off competition from OnTheMarket.com to post ninth month of growth February 25, 2016 It could have been a difficult day for Zoopla, which faced tough competition in the form of estate agent-run rival, OnTheMarket.com, when it launched at the beginning of last year. But this morning the property portal said it had a "solid start" to 2016, with a record 58m visits in January, and an average 47m monthly visits [...]
City Moves for 17 July 2015 | Who’s switching jobs July 16, 2015 Marketform The Lloyd’s underwriter has announced the appointment of Alistair Marriott as joint deputy head of marine and class underwriter cargo. He joins from QBE, where he was cargo portfolio manager for the past 12 years. Allianz Global Investors The investment management firm has appointed Johnnie Barnett as director of UK institutional business development. He [...]
UK property prices: Property sales tick up in May – but the outlook is uncertain June 23, 2015 The number of UK residential properties sold climbed in May, new data show. A total of 98,540 properties changed hands, according to figures released by HMRC yesterday. It marks a rise on April’s 97,610. However the market is slower than it was a year ago when 101,710 properties were sold. The figures translate to a [...]
West End residential sales jump despite stamp duty fears, says CBRE February 22, 2016 CBRE said it has seen no let-up in demand for homes in London’s West End despite concerns over stamp duty reforms and that overseas demand may be slowing. A third of homes (33 per cent) sold by CBRE in the fourth quarter reached prices of more than £2,250 per square feet, which was 23 per [...]
Qatari Diar unveils plans to turn US embassy in Mayfair into luxury hotel April 4, 2016 The Qatari owners of the US Embassy in London’s Grosvenor Square have unveiled plans to turn the Grade II-listed landmark into a five star hotel as the US government prepares for its move to Nine Elms next year. Qatari Diar, a subsidiary of sovereign wealth fund the Qatar Investment Authority, will launch a public exhibition next Monday before submitting plans to Westminster [...]
Six reasons why London’s property market won’t collapse this year April 7, 2016 A recent report by UBS argued that London’s property market in London is exposed to the world's highest bubble risk and many would agree. But the reality is there are several good reasons why prices won't fall anytime soon. Here are just six. 1. Population growth London’s population grows faster than the UK national average and the supply of [...]
UK house prices: London Help to Buy is a thing now – but experts warn it could inflate risks (and only help high earners in the first place) February 1, 2016 Callooh callay, London's own Help to Buy scheme has launched this morning, the government's scheme to give first-time buyers a lift onto the housing ladder. The new scheme effectively doubles the help being given out previously, as the government makes loans of up to 40 per cent available for first and second-time buyers on new [...]
“House blocking” and the property standstill: We need a housing market that addresses the whole population’s needs, not just first-time buyers February 22, 2016 There is a ‘house-blocking’ issue in the UK that must be addressed if we are to free up vital space, ease resources and stop the property market grinding to a complete standstill. The latest English housing survey revealed that, during the past 10 years, the number of owner-occupiers aged over 65 who own their home [...]