Best of the Brokers for 4 October 2013 October 3, 2013 INLAND HOMES Aim-listed Inland Homes has seen its target price upgraded to 60p by brokers at Fincapp, who say the company is well placed to take advantage of the house price boom in the south east. “Unit sales will rise quickly from 55 in 2012 to over 240 by 2015,” the analysts said. HOCHSCHILD MINING Analysts [...]
Knight Frank sees London as prime location September 29, 2013 ESTATE agent Knight Frank has named London as its prime location as it reported increases in both turnover and profit in the last year. The upmarket property advice company saw its profits lift seven per cent to £102.7m in the year ending 31 March, while turnover rose five per cent to £350m and net cash [...]
Investment Comment: Mid caps will give you maximum exposure to the UK’s recovery October 29, 2013 WHILE boom times remain far off, UK households are spending and sentiment is improving. The latest good news is that the UK economy grew at its fastest pace in three years in the third quarter, with economic output up 0.8 per cent between July and September. Earlier this month the IMF also lifted its UK [...]
House price growth slows in August September 6, 2013 House prices have risen by 0.4 per cent in August, down from a 0.9 per cent rise last month, according to the Halifax house price index. Economists had forecast a rise of 0.7 per cent. House prices have risen 5.4 per cent in the three months to August on the same period last year. Nicholas [...]
Osborne in denial over housing bubble September 17, 2013 London house prices are up 10pc in a year. So why does the chancellor say there’s no bubble? CHANCELLOR George Osborne has rejected suggestions that his policies are creating a housing bubble, even as new evidence emerges that prices are soaring in London. In an interview yesterday, Osborne said: “I don’t see the evidence of [...]
What the other papers say this morning – 12 November 2013 November 12, 2013 FINANCIAL TIMES Shadow banks reap Fed rate reward Loosely regulated non-bank lenders have emerged as among the biggest beneficiaries of the Federal Reserve’s ultra-low interest rates with three specialist categories increasing their assets by almost 60 per cent since the height of the financial crisis. Such lenders, widely considered part of the “shadow banking” system, [...]
Focus on Canary Wharf: Riding on the wave of Canary Wharf November 7, 2013 Steeped in history, Canary Wharf was once part of the world’s largest port. Now the capital’s second most vibrant business district – after the ancient City of London – it is still a gleaming hub of international trade and commerce. The banks, law firms and media organisations that have joined its ranks have brought a [...]
Bakery complex is best thing since sliced bread September 12, 2013 The Victorian one-level apartments in Parkgate House offer homeowners the ultimate in river living WITH the transformation of Battersea Power Station due for completion in 2016 and an extension of the Northern Line planned for 2020, the future looks bright for Battersea. The redevelopment projects are generating interest from a host of domestic and international [...]
Government blocks sale of Jane Austen ring to Kelly Clarkson September 23, 2013 The sale of a ring belonging to Jane Austen has been thwarted by culture minister Ed Vaizey. After US singer Kelly Clarkson won the piece at auction, she was forbidden from allowing it to leave the country. Now the Jane Austen's House Museum has raised the sum Kelly Clarkson paid for the item, and the [...]
Sotheby’s to auction former Lehman president’s collection September 18, 2013 Auction house Sotheby's has announced it's to auction off the collection of former Lehman Brothers president Joseph Gregory. Sotheby’s is pleased to offer this October the tasteful and elegant Collection of Niki & Joe Gregory, comprising a fine group of English and Continental furniture, ceramics and decorations from their Lloyd Harbor, New York residence, [...]