The UK’s “tiniest detached property” goes on sale for £100,000 December 18, 2014 Into minimalism? This might be the home for you. A home dubbed "Britain's smallest detached house" has gone on sale through local estate agent Haybrook in Sheffield, with a bargain price tag of £99,950. Built on the grounds of a mansion which has since been turned into flats, the Coach House in Brincliffe [...]
The BBC acted too hastily on Three – Editor’s Letter January 20, 2015 Public companies are rightly criticised whenever they turn down a takeover bid point blank, leaving no room for negotiation. Their board members, however cushy or fascinating their jobs are, have a fiduciary duty to the shareholders of the group to do the best for them, and for the group’s employees. Yesterday the public service broadcaster [...]
CRH wins battle for Holcim and Lafarge assets February 1, 2015 Irish building materials firm CRH has confirmed that it has won the race to acquire the assets being sold off by cement giants Holcim and Lafarge. The company announced yesterday that it had entered into a binding commitment to acquire “certain assets, incorporating some perimeter changes from the assets referred to last week”, from the [...]
Labour to sell off £100m worth of buildings including Inn The Park, QE2 conference centre and Marlborough House November 23, 2014 Labour has announced plans to sell off £100m worth of government-owned buildings in London if the party wins the general election next May. As part of a review of public spending, designed to tackle the deficit, Ed Miliband’s party is planning to hang the “for sale” sign on a number of iconic buildings [...]
Focus on Blackfriars: The rise and rise of City towers on the South Bank January 15, 2015 Of all the makeovers the City of London has undergone in the ancient heart of the capital, Blackfriars is set to be one of the most breathtaking. The opening of Blackfriars South in 2013 marked the first new train station to open on the south bank of the Thames in 120 years. Commuters will no [...]
Autumn Statement 2014: Reactions to George Osborne’s announcement – from the City economist to the property expert December 3, 2014 THE BUSINESS GROUP Confederation of British Industry director general John Cridland Growing firms will benefit from business rates reform. We welcome continued commitment to deficit reduction. “These major changes on stamp duty and business rates will be a shot in the arm for families and growing firms as they look towards 2015. [...]
Sales from the riverside: Here’s how new build homes are changing the face of London’s marinas April 9, 2015 FULHAM RIVERSIDE, FULHAM This stretch of riverside by Imperial Wharf Marina in the exclusive postcode of SW6 is currently being developed by Barratt London. New public walkways through landscaped piazzas, podium gardens and a continuation of the Thames river walk will grace this area and a waterfront cafe is proposed along the riverside. This [...]
OnTheMarket vs Zoopla and Rightmove: We need a buyer-friendly housing market – Bottom Line January 26, 2015 It’s easy to sympathise with the fears of estate agents concerned with a property market increasingly cornered by the duopoly of Rightmove and Zoopla. But OnTheMarket seems to have missed the point of why these sites have become popular – ie. by serving the needs of buyers and sellers. OnTheMarket’s troublesome rule that bans its [...]
What you need to know before the US open May 23, 2014 A subdued start’s expected for US markets, ahead of home sales numbers, and after European counterparts headed lower on the back of a slip in German business confidence. Stock futures inched higher this morning. All eyes will be on the new house sales numbers, due out at 3pm. The numbers are of heightened importance, given [...]
UK house price growth slows again: Can stamp duty save the market in 2015? December 30, 2014 We know the drill by now – slowing house price growth in many areas as demand wanes and the murmurings about a base rate rise reflect the logic that no matter what, it’s getting closer. Why exactly demand is waning remains something of a mystery (more of that later). Nationwide’s figures this month [...]