PROPERTY NEWS September 16, 2010 FOODIE BRITS FORK OUT FOR KITCHEN UPGRADES A poor economic climate combined with the popularity of television cookery shows has encouraged homeowners to fork out almost twice as much on their kitchens than on any other part of the home, property website Rightmove said earlier this week. Its survey found that over the past year [...]
House prices drop in London August 16, 2010 London house prices dropped by four per cent in August, wiping out any gains made earlier this year, according to Rightmove. On average £17,000 came off London asking prices in August, the biggest drop in two years. The average London house price now sits at £405,058, falling back to January levels. Wandsworth and Brent fell [...]
House prices drop in London August 16, 2010 London house prices dropped by four per cent in August, wiping out any gains made earlier this year, according to Rightmove. On average £17,000 came off London asking prices in August, the biggest drop in two years. The average London house price now sits at £405,058, falling back to January levels. Wandsworth and Brent fell [...]
Rightmove raises its profit forecast in online ads boost February 9, 2010 SHARES in property website Rightmove rose yesterday after the company said it expects 2010 profits to be ahead of market forecasts as it benefits from an upturn in online advertising. Rightmove’s website had 17,600 advertisers at the end of October. It receives around 40m visits a month on average and has around a million properties [...]
The crunch has made foreign dream homes far more affordable September 30, 2010 TOUGH economic times have opened the door for a new generation of property investment. Tumbling prices in both the UK and abroad have actually made this investment option more accessible than it was prior to the credit crunch. Nick Clark, managing director of the Property Investment Show, says: “House prices in England and Wales suffered [...]
Austerity hits house prices June 20, 2010 SEVERE austerity measures and an uncertain economic climate will kill off the recovery in house prices, property website Rightmove will warn today. Revealing in its monthly survey that home asking prices only rose 0.3 per cent in June on the previous month, Rightmove said that the pace is slackening and the market is beginning to [...]
House price gains set to be wiped out July 18, 2010 ALL the gains seen in property prices over the past six months will be wiped out by the end of the year, thanks to more aggressive pricing and an increase in the number of houses coming on to the market, property website Rightmove will say today. The forecast forms part of its monthly survey of [...]
House price gains set to be wiped out July 18, 2010 ALL the gains seen in property prices over the past six months will be wiped out by the end of the year, thanks to more aggressive pricing and an increase in the number of houses coming on to the market, property website Rightmove will say today. The forecast forms part of its monthly survey of [...]
Bid for Tomkins fails to boost investor cheer as BP’s woes drag down FTSE July 19, 2010 WEAK US housing data helped push Britain’s top shares lower yesterday, as cautious investors trimmed positions in riskier assets, while BP fell after leaks were discovered in its capped well. The FTSE 100 closed down 10.57 points, or 0.2 per cent, at 5,148.28, having shed one per cent on Friday. The index’s fall echoed a [...]
BEST OF THE BROKERS June 3, 2010 VIVENDI JP Morgan Cazenove has issued Vivendi with an “overweight” rating noting that management has indicated several times this year its willingness to acquire the 44 per cent of French mobile operator, SFR it does not own. JP Morgan believes that this could take place later this year or early next year after the completion [...]