Shame on both the buyers and the sellers of volatility products February 13, 2018 Well this is more fun now, isn’t it? I mean, aren’t we all just a little bit more excited about equity markets now that strange concept of a “two-way market” has been reintroduced for the first time since the market carnage in 2016? Isn’t it great to finally see some of the most stupid and [...]
Tesla earnings preview: Can Elon Musk’s Silicon Valley car maker beat the odds? April 29, 2018 American car maker Tesla is set to announce its first-quarter results on Wednesday 2 May, but with a series of setbacks in recent months, investors may be wondering whether the company can live up to expectations. Analysts at S&P Global Market Intelligence expect the company to report a loss of $3.52 (£2.56) per share in [...]
Ranked: London boroughs with the biggest increase in new property listings June 6, 2018 New property listings were up 7.4 per cent in May, with London seeing a 5.9 per cent increase in the number of new properties on the market. May therefore saw the the highest number of new sellers list their properties in any single month since before 2017, according to online estate agents HouseSimple. The figures [...]
Focus On Brixton: David Bowie, buzzing nightlife and honest burgers keep average house prices at around £550,000 July 27, 2017 In many ways, Brixton is the capital of south London. With its excellent transport links into central London and exhaustive range of shopping, dining and nightlife options, if you didn’t have to work, you probably wouldn’t need to leave. It even has its own currency. Over 250 businesses accept the Brixton Pound and around £50,000 [...]
The Wine connoisseur: How to avoid wine pairing disasters May 1, 2018 I have been surrounded by wine my entire life, from my mum’s collection of rarities to my uncle’s home-brewed sparkling. Growing up in Italy, there was wine in nearly every recipe and a bottle on every table. But that doesn’t mean pairing wine with food comes naturally – it’s a process of trial and error [...]
Opinion: London’s buyers market is a consequence of estate agents irresponsibly over-pricing properties February 23, 2018 The average London home is now sold at 4 per cent below its original asking price, according to the Hometrack Cities Index, up from just 0.5 per cent in 2014. Many are taking it as a sign that homeowners are desperately discounting their homes in an effort to sell, and that the capital has now [...]
UK house prices: Property transactions have fallen to their lowest since 2013 April 21, 2017 The number of homes bought in the UK fell to its lowest since 2013 last year, new figures have shown. Some 1.15m homes were bought between April last year and March this year, compared with 1.32m the year before, and 2m in 2014-15. The figures also showed the number of homes bought fell 40 per [...]
“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 [...]
Tottenham Hotspur Stadium: Why don’t Spurs have a naming rights deal? | City A.M. July 26, 2018 Back in October 2008, when Tottenham’s new stadium project was still in its infancy, chairman Daniel Levy addressed the opportunity to sell the naming rights to their proposed new ground. “It’s a necessary and critical component of financing a modern football stadium,” he said. Yet six weeks out from the £850m venue’s official opening, Spurs [...]
Here’s what the property sector is expecting in this week’s Budget – from stamp duty to landlords to luxury homes March 7, 2017 It’s that time of year again: the days are getting longer, the trees are blossoming, and the one-time-only Spring Budget is rapidly approaching – with homeowners and landlords alike steeling themselves for more punishment from the chancellor. The good news is it looks unlikely there will be much to punish homeowners or lower house prices [...]