Remortgaging in London hits decade high as homeowners capitalise on competitive deals February 27, 2019 Remortgaging in London has reached a decade-high and the number of first-time buyers also rose at the end of last year, according to UK Finance data. The number of new homeowner remortgages in the capital rose to 60,400 in 2018 – a 6.2 per cent increase on 2017 and the highest annual figure since 2008, [...]
UK house prices move out of negative territory for first time since March August 13, 2020 UK house prices gained momentum last month, moving out of negative territory for the first time since lockdown began as the government’s stamp duty holiday motivated buyers. However the bounce is not expected to last long, as government support schemes wind down in the winter. UK house prices firm up Across the UK in aggregate, [...]
Halifax: UK house prices suffer longest fall since 2010 July 7, 2020 UK house prices fell for the fourth month in a row in June for the first time since 2010, according to Halifax data released today. Unlike rival Nationwide, which found the value of homes shrank for the first time on an annual basis in June, Halifax recorded a 2.5 per cent-year-on-year rise. But as the [...]
Rush to beat stamp duty rise sees UK house prices jump again October 28, 2020 The stamp duty holiday and pent-up demand have led to a stampede into the housing market, with 140,000 more buyers currently waiting to complete their property transactions than a year earlier, according to a new report. The high demand saw UK house prices jump again in September by three per cent year on year, the [...]
Rally flags, but fundamentals still look strong August 26, 2021 The crypto market is down again this morning after an impressive rally that’s seen Bitcoin gain around 70 per cent in a month.
Concrete changes can allow Britain’s digital firms to fly January 28, 2021 Britain’s technology entrepreneurs seem the last people who need any attention from Government right now. Valuations are soaring. IPOs are being lined up. Even as the pandemic constrains our daily lives, businesses that will deliver the jobs, growth and tax revenues of the future are thriving. But in the great global race to create and [...]
What’s causing the current global shortage of semiconductor chips? March 25, 2021 The modern world runs on semiconductors; everything from mobile phones to washing machines depends on these tiny microchips. But few industries are so totally dependent on these microprocessors as the automotive sector, as has been proved time and again over the last couple of months. Since the shortage was first flagged at the beginning of [...]
Persimmon revenues drop as fewer homes completed July 4, 2019 Higher house prices were not enough to boost Persimmon’s top line in the first six months of the year as fewer homes stood ready in the half. Revenues at the company dropped 4.5 per cent year-on-year to £1.75bn. Read more: UK house prices – Growth falls to four-month low in June A higher average selling [...]
Opinion: Things are looking up for London renters as price increases slow November 1, 2019 London’s property prices have long been regarded as endemically high, preventing many first-time buyers from purchasing their first home and boosting demand for privately rented properties. The result has been the emergence of Generation Rent: the demographic prepared to live like students in shared accommodation so that they can afford to be close to all [...]
Porsche 911 Carrera S review: why the manual gearbox still matters February 26, 2021 The Porsche 911 is one of the few sports cars still offering a traditional manual gearbox. Is it better than the paddle-shift PDK?