Carlsberg acquires craft beer maker London Fields Brewery July 3, 2017 Another indie craft beer brewery is set to be taken over by a giant of the industry, as Carlsberg UK acquires hip Hackney-based London Fields Brewery. Read more: Carlsberg’s £15m rebrand is a last-ditch effort to save lager The deal will be a joint venture between Carlsberg and Brooklyn Brewery, for which Carlsberg is the [...]
Focus On New Cross: With year-on-year house price growth at nearly 15 per cent, SE14 is a safe bet in Zone Two July 3, 2017 Like many areas tipped for great growth in years to come, New Cross is a place that’s sandwiched in between two much trendier neighbours. The meteoric rise of Peckham and Deptford has left poor SE14 trailing in its wake, but there’s no reason why it shouldn’t be just as popular in just a few years. [...]
The largest ever buyout of a European software company was just announced – and you’ve probably never heard of it June 30, 2017 The largest ever buyout of a software company in Europe was announced yesterday, led by UK-based private equity firm HgCapital. The £4.2bn deal for Visma, a business software developer, saw US buyout house KKR sell the whole of its 31 per cent stake, and Cinven reduce its share by 60 per cent to 17.1 per [...]
UK house prices: More than three quarters of homes are selling below asking price June 27, 2017 More than three quarters of homes sold for less than asking price in May, new figures have shown – as the number of homes for sale rises. Some three per cent of properties sold for more than asking price in May, a report by the National Association of Estate Agents (NAEA) showed, down from seven [...]
Tech accelerator launched to help nurture ‘unicorns’ June 26, 2017 A new tech accelerator has been launched in Edinburgh to help nurture Scotland’s next generation of billion-dollar ‘unicorns’. Seed Haus is a pre-seed tech accelerator that provides founders with capital investment, software access at reduced or zero cost and mentorship from top-tier tech founders and professionals. This support package is geared towards customer acquisition, online [...]
Focus On Orpington: Developers are starting to show an interest in this well-connected town in Zone 6 June 16, 2017 When house-hunting in London, the sleepy town of Orpington may not be high up your list. But there are many reasons why it should be, not least because its house price growth is among the fastest in outer London. According to estate agent JLL’s London Residential Heat Map, house prices in the BR6 postcode grew [...]
Focus on Leyton & Leytonstone: First time buyers, cafes and coffee shops take over the high streets of E10 and E11 June 13, 2017 First time buyers have a fight on their hands if they’re planning to buy in Leyton. The E10 neighbourhood, along with its E11 sibling Leytonstone, is one of the most sought-after affordable housing hotspots in the capital. The popularity of nearby Stratford has undoubtedly boosted the good fortunes of this area, as the overspill has [...]
RBS closes in on £3.6bn settlement over US mortgage bond mis-selling June 12, 2017 Royal Bank of Scotland (RBS) is close to agreeing a multi-billion pound fine with US authorities over the mis-selling of mortgage bonds, according to reports. Discussions are understood to be at an advanced stage between the state-backed lender and the US Federal Housing Finance Agency (FHFA), according to reports by Sky News. A settlement is [...]
Opinion: Online agents will ultimately lose you money – because they can’t negotiate on your behalf June 12, 2017 The American president and lawyer Abraham Lincoln once stated that ‘a man who represents himself in court has a fool for a client.’ And as any property developer will tell you, other than finding a dishonest estate agent willing to defraud his client, the best way to buy a house for less than it’s worth [...]
London house prices: The change in house prices for the 33 London boroughs shows Haringey was the biggest gainer and Islington was the biggest faller June 12, 2017 Sales of London homes to the end of April were 29 per cent lower than the same period last year, according to Your Move’s latest England and Wales house price index. House prices in the capital continued to rise, up 2.7 per cent in the year to April 2017, but this is the second lowest [...]