Bitcoin price (BTC) jolts to life, climbing by $1,000 in an hour April 12, 2018 Bitcoin’s price rocketed up by about 17 per cent today to reach its highest price in more than two weeks. The cryptocurrency broke past the $7,000 and $8,000 barriers in a matter of about an hour for the first time since the end of March. At the time of writing, bitcoin was down from its [...]
London house prices: First-time buyers using help to buy to purchase London properties could face trouble if the bubble bursts February 10, 2016 When markets are in turmoil, the natural inclination is to turn to safer assets – and what, in our collective wisdom, is safer than houses? People always need a place to live, the rationale goes, and they always find a way to pay. But rather than taking a big punt on housing, many hedge funds [...]
New Homes: What’s on sale in London this weekend in Hackney, Southwark, Bermondsey, Mitcham and Clapham March 10, 2017 Kings Crescent, Hackney From £98,750 for a 25 per cent share First time buyers living or working in Hackney will be able to get a step on the ladder with Shared Ownership at Kings Crescent. Tomorrow will see 36 none to three bedroom apartments on sale, some refurbished some new, next to Clissold Park each [...]
Here’s how much you need to save each month if you want to buy a home in London in the next four years February 2, 2017 If you're a first-time buyer in London hoping to get yourself somewhere to call home in the next four years, look away now – for a new study has suggested the average first-time buyer should be saving £2,300 each month if they want to buy a house in the capital by 2021. Yikes. The National Housing [...]
Here’s how much house prices grew this month March 20, 2017 Annual house price growth was slashed in March, failing to keep pace with the inflation seen when buy to let landlords were rushing to close property deals before the stamp duty tax hike. Asking prices were up 1.3 per cent (£3,877) in March as compared to the month before, according to Rightmove. Read more: House [...]
These are the 50 hottest fintech startups in Europe right now, as London fights to keep up with innovation June 20, 2018 Over half of the 2018 Fintech50 are based in London, as it fights to keep its crown amid increasing competition from startups in cities like Berlin, Dublin, Amsterdam and Warsaw. The city has produced 27 out of Europe’s best ‘ones to watch’, selected from the list’s largest ever pool of over 1,800 fintechs across the [...]
Lloyds ban on credit card Bitcoin purchases is the right move February 6, 2018 On Monday, Lloyds Banking Group announced it has banned its credit cards from being used to buy Bitcoin. The decision includes Lloyds Bank, Bank of Scotland, Halifax and MBNA credit cards. It follows a similar move by US banks. It’s a hard decision to argue with. Regardless of the inherent volatility in the value of [...]
House prices in this London borough are 38 times annual earnings March 17, 2017 Dream of affording your own home in London? Well, don't start your house search in Kensington and Chelsea. Read more: A third of first-time buyers now spend half a decade saving for a home The latest figures from the Office for National Statistics show that house prices in Kensington and Chelsea were 38.5 times median [...]
UK house prices: There are now 10 buyers for each property on the market – with first-time buyers hit hardest January 4, 2016 Thinking of putting your house on the market this year? Now's the time to do it, after new figures suggested there are now 10 prospective buyers for each property on the market. The National Association of Estate Agents' (NAEA) November Housing Market Report showed the number of house-hunters grew 20 per cent in during the [...]
UK house prices: Help to buy has boosted the number of houses built and first-time buyers – but it’s not inflating prices, claims government report February 15, 2016 Suffering from misgivings about whether help to buy is really the panacea the government claims it is? A new report published this morning claims it has boosted both house building and first-time buying – but it has not artificially boosted prices. And the report has been published by… er… the government. The equity loan scheme, [...]