London has been named the most popular city for Middle Eastern investment November 8, 2017 Middle Eastern investors are continuing to plough more money into London commercial property than any other city in the world, according to a new report from real estate investors CBRE. In the 12 months between April 2016 and 2017, London attracted $1.68bn (£1.28bn) from the Middle East – strides ahead of New York at $820m [...]
Here’s why housebuilder shares are down today November 8, 2017 It was a bad morning for housebuilders, with companies listed on both the FTSE 100 and FTSE 250 dragging the indices lower. Persimmon, the UK’s largest housebuilder by volume, led the fallers on the FTSE 100, with shares dropping 3.4 per cent to 2,772.5p, while Barratt, Taylor Wimpey and Berkeley Group were all among the [...]
UK house prices just hit their highest on record (again) November 7, 2017 UK house prices hit their highest on record in October, having grown at their fastest since the beginning of the year. The average UK house price rose to £225,826 in October, up 2.3 per cent in the three months between August and October, their fastest rise since January this year. Year-on-year growth hit 4.5 per [...]
Area guide to property in the Royal Docks November 3, 2017 For many Londoners, the only time they’ve ever been to the Royal Docks in east London is when they’re travelling on business from London City Airport. This post-industrial part of town was once a hive of activity, with boats docking from all over the world, but now you’re more likely to find hotel chains and [...]
New homes on sale this weekend, in London Fields, Richmond, Camberwell and two well-connected commuter towns November 2, 2017 Developments on the market this week Prime Place, Godalming From £375,000 Live close to one of the most prestigious independent schools in the country and a top commuter station. Charterhouse School is less than two miles away from Prime Place, a town centre housing development. A four bedroom penthouse is being unveiled tomorrow (Sat 4) [...]
London house prices: Now a forecast says house price growth won’t rise until 2020 November 2, 2017 House prices will contract in London this year and next, a new forecast has suggested, before finally beginning to rise in 2020. Prices in the capital will fall 1.5 per cent this year and two per cent in 2018, then remain flat in 2019, before rising five per cent in 2020. In total, house prices [...]
Shadow MPC: Majority backs the first Bank of England interest rate hike in a decade November 1, 2017 The Bank of England is expected to raise interest rates tomorrow, bringing an end to an extraordinary decade without a single hike. City A.M.’s shadow monetary policy committee (MPC), including some of the most prominent economists in the Square Mile, narrowly backed the move, but remained split by five votes to four in favour of [...]
How to Boost the Visibility of Your Mobile App November 1, 2017 The mobile app market is a massive and monstrous marketplace where the number of annual app downloads is forecast to top 200 billion in 2017, up from 82 billion in 2013. Research from Gartner expects app downloads will soar to 269 billion in 2017, up from 102 billion in 2013. 451 Research reminds that there [...]
Most affordable London commuter towns: How a one hour commute can save buyers £500,000 on London house prices October 30, 2017 Living an hour outside London could slash half a million pounds off house prices compared with buying a home in zones one and two of the capital, according to new research. Commuter towns such as Crawley, Windsor, Rochester and Peterborough have an average house prices of £316,000, a survey by Lloyds Bank has found. That [...]
Commercial property investment in the City set for a record year, according to Savills October 24, 2017 Commercial property investment in the City is set to reach or beat the record of £12.6bn set in 2014, according to research from Savills. Investment in the Square Mile for the first three quarters of this year has already beaten the full-year total for 2016. Volumes hit £8.5bn by the end of September – six [...]