UK house prices: Buy-to-let rush sparks surge in mortgage lending February 11, 2016 Buy-to-let landlords rushing to secure a property before April’s stamp duty hike has driven mortgage lending to its highest level in nine years, according to UK chartered surveyor e.surv. House purchase lending approvals reached 85,432 in January, an increase of 20.6 per cent since December 2015 and the highest number of monthly approvals since October [...]
EU referendum: Remain appears to have gained ground in the polls, but the reality is more muddled May 19, 2016 Polling data is flooding into the public debate on the UK's membership of the EU ahead of the referendum in June. The latest poll by Ipsos MORI put Remain ahead by 18 percentage points, while YouGov's showed 44 per cent of respondents wanted Britain to stay in EU compared with 40 percent who wanted the country to [...]
Where will Generation Rent live? Purpose-built private rentals go on sale in Lewisham January 25, 2016 Large deposits and rising house prices have left many young professionals floundering at the bottom of the property ladder, forced into the private rented sector for far longer than they ever intended to be there. This leaves a gaping hole in the market for good quality PRS housing and some developers, such as charitable housing [...]
EU referendum: In case of Brexit investors should brace themselves for turbulence in equities – particularly if those stocks are affected by European trade February 24, 2016 Last weekend saw David Cameron return from Europe with details of his renegotiated deal for Britain’s membership of the EU. While the date for the referendum (23 June) and the question which the populace will need to answer are now certainties, the implications of a Brexit are still extraordinarily unclear. Many individuals and commentators claim to know what [...]
London house prices to reach £931,000 by 2025, more than double the UK average December 17, 2015 Just when you thought the housing market couldn’t get hotter: the average London house price is set to reach £931,000 by 2025. UK house prices are set to rise by 50 per cent, while rents will increase by more than 25 per cent by 2025, according to the Association of Residential Letting Agents (ARLA) and National [...]
London house prices: Crossrail has made Hounslow Emoov’s top tip for first-time buyers who don’t want to break the bank – but would like a healthy return January 22, 2016 The UK property seesaw consists of two influential factors, with house prices at one end and the demand for said housing at the other. The changing face of the London property landscape means there is a tussle between boroughs, as the once desirable become unaffordable, and the not so desirable become the new hotspots – Brixton, for example. [...]
UK and London house prices: More proof of a property market slowdown in latest Land Registry figures February 27, 2015 House prices continued to rise at a slower rate than last year – another sign the property market is losing some steam. In January, house prices were up 1.3 per cent on December, however, year-on-year growth of 6.7 per cent for the first month of 2015 signalled a slowdown compared to December when annual growth was [...]
Female Tech stars make the finals of the 44th Veuve Clicquot Business Woman Awards March 8, 2016 The finalists for the Veuve Clicquot Business Woman Awards have been announced, and the City's female tech bosses are running the show. Trainline chief Claire Gilmartin, Unruly co-founder Sarah Wood and British make-up artist and cosmetic firm founder Charlotte Tilbury make up the finalists for this year's awards, touted as the Oscars for women in [...]
Bumper year for Bovis Homes as house price growth boosts profits by 20 per cent February 22, 2016 Housebuilder Bovis Homes said house price growth helped it deliver bumper profits in 2015. The figures Revenues in the year to the end of December rose 17 per cent to £946.5m, from £809.4m last year – while pre-tax profits rose 20 per cent to £160.1m, from £133.5m. It said it had been bossed by a strong increase in average sales price, which grew seven per [...]
City Moves for 25 March 2016 | Who’s switching jobs April 25, 2016 FARMDROP Former Marks & Spencer head of logistics, Philip Eaves has joined online marketplace, Farmdrop as its first director of supply chain. The appointment coincides with a major product upgrade as the online marketplace launches one-hour slot, seven-day deliveries via its fleet of zero emission electric vans and Farmdroppers. Philip previously headed up logistical development [...]