London defies slow UK real estate market July 4, 2011 GROWING demand for office space and a booming London market are offering some hope for the UK’s ailing commercial property market, a new survey revealed today. And while the residential property sector continues to slump across the UK, house prices at the top end of the London market are expected to rise by nine per [...]
House prices in first rise since January May 31, 2011 House prices in England and Wales rose by 0.8 per cent in April, the first monthly increase since January and the biggest rise since January 2010, data from the official Land Registry showed. However, average residential property prices were still 1.3 per cent lower than a year ago at £163,083 the Land Registry said. House [...]
House prices in first rise since January May 31, 2011 House prices in England and Wales rose by 0.8 per cent in April, the first monthly increase since January and the biggest rise since January 2010, data from the official Land Registry showed. However, average residential property prices were still 1.3 per cent lower than a year ago at £163,083 the Land Registry said. House [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 5, 2012 FINANCIAL TIMES RATING AGENCIES RAISE DOUBTS ON SCOTLAND SECURING TRIPLE A STATUS XtryAn independent Scotland would not be able to count on receiving triple A status, credit rating agencies have told the Financial Times, potentially leading to higher borrowing costs for it if a referencum on independence was successful. The three leading credit rating agencies [...]
Daejan blames Southern Cross for its losses November 30, 2011 PROPERTY group Daejan Holdings yesterday blamed its swing to a half-year loss on the failure of care home manager Southern Cross. FTSE 250-listed Daejan posted a pre-tax loss of £121,000 for the six months to the end of September, compared with a profit of £39.3m a year ago. The firm said lost rent and expenses [...]
Savills buoyed by London and Asia amid Euro crisis November 17, 2011 PROPERTY agent Savills said it was on track to meet full-year expectations as its prime London residential and Asia Pacific businesses help offset its poorer performance in continental Europe. The group is cutting its presence in non-core markets as “macro economic issues have curtailed activity in many countries” and is instead focusing on stronger-performing France, [...]
Letting agents say supply of rental homes is falling October 16, 2011 THE SUPPLY of residential accommodation available to rent is in sharp decline, according to a report released this morning. The number of letting agents reporting that there are more tenants than properties has reached the highest level since records began, the Association of Residential Letting Agents (ARLA) has said. Around three quarters of respondents to [...]
Letting agents say supply of rental homes is falling October 16, 2011 THE SUPPLY of residential accommodation available to rent is in sharp decline, according to a report released this morning. The number of letting agents reporting that there are more tenants than properties has reached the highest level since records began, the Association of Residential Letting Agents (ARLA) has said. Around three quarters of respondents to [...]
London residential rents slip for first time since 2009 November 21, 2011 PRIME London residential rents have dropped for the first time since their recessionary low in June 2009 but still sit near to “an all time high”, research from Knight Frank shows. The property agent said rental levels crept back down by 0.1 per cent last month but rose by 0.6 per cent in the three [...]
Property experts tip residential as a prime target for investment January 30, 2011 PROPERTY investors plan to cash in on the fragile parts of the residential market over the next 12 months, according to survey figures released today. Just 13 per cent of the 146 property professionals surveyed by Investec believe that residential property values will go up in the next year. Almost half (49 per cent) expect [...]