Israel’s property is going sky high: Tel Aviv’s Meier-on-Rothschild tower is a symbol of the city’s rapidly-growing residential market July 23, 2015 The ancient 3,000-year old city of Tel Aviv, which was built during the Ottoman Empire, with its stone houses and narrow streets, is transforming rapidly into one of the most progressive and international destinations on the planet. With an international, young, and stylish crowd, Israel’s largest metropolitan city has a record-breaking number of tech [...]
Autumn Statement 2014: What does George Osborne’s stamp duty reform actually mean? December 3, 2014 In an Autumn Statement firmly aimed at courting the popular vote, George Osborne today announced a complete overhaul of the stamp duty system – the elephant in the residential market for a decade. Estate agents said the old system wasn't progressive enough, and unfairly taxed home buyers. The cherry on Osborne's stamp duty cake was [...]
What will the new government do to build more affordable homes? May 13, 2015 Housing charity Shelter says 250,000 new homes need to be built in England each year to keep up with population increases. But current housebuilding rates are nowhere near those levels. According to the department for communities and local government, just under 120,000 homes were completed last year. On the campaign trail, the Conservatives made a [...]
London mayoral hopeful Andrew Boff’s radical plan for housing and transport August 16, 2015 London Assembly member Andrew Boff may be trailing in the polls behind his fellow Tory mayoral hopefuls. However, sitting down with City A.M. last week in his office in City Hall, the leader of the Greater London Authority Conservatives said he is confident he can win the open primary to be Tory candidate. “Of course [...]
Lotus restaurant review: The food is fine, but it’s not fine dining September 2, 2015 Lotus 17 Charing Cross, WC2H 0EP Tel: 0207 839 8797 FOOD ★★★☆☆ VALUE ★★★☆☆ ATMOSPHERE ★☆☆☆☆ Cost for two with wine: £120 The last five years have seen every restaurant in the country renounce their tablecloths. They’ve ripped the plaster off the walls to expose the jagged, crumbling brickwork beneath, because brickwork is real and plaster is a [...]
Mansion tax, shmansion tax: This £24m Notting Hill home sold just before the General Election May 29, 2015 Property types may have been worried about the looming spectre of a mansion tax during the run-up to the General Election – but that concern clearly didn't stretch to one billionaire buyer, who forked out £24m on a house in Notting Hill. An "unmodernised" end-of-terrace home on Kensington Park Gardens, which comes complete with eight [...]
14 buyers fight for each house sold in London November 24, 2013 MORE than a dozen potential buyers are now battling for each property coming onto the market in London, according to an estate agent releasing new figures today. Barnard Marcus reports that there are now 14 people trying to get on the housing ladder for every new instruction to sell in the capital, pushing prices even [...]
Putin will fail in Syria: The West must take a step back October 4, 2015 I feel as if we are in a time warp. To read right-wing commentators over the past few days, you would think the Cold War is back on – only this time we are losing. To hear them talk, we are living in a new age of Russian power. A triumphant Russia is calling the [...]
Telford Homes calls for reforms to boost supply May 27, 2015 TELFORD Homes said yesterday that London’s “chronic” housing shortage means that it is selling homes quicker than it can build them, as it posted a 31 per cent surge in full-year profits. The housebuilder, which builds primarily in London, targeting more affordable areas that are undergoing regeneration, sold 661 homes over the year, up from [...]
Lloyds share price dips as government sells off more shares July 2, 2015 Shares in Lloyds were trading flat this morning after the government announced it had hived off another load of shares in the state-backed bank. The Treasury sold off around 691m shares, shrinking the government's stake by one per cent to 15.9 per cent. The government has been whittling down its stake in the bailed-out bank since [...]