SELLING March 3, 2011 MANAGING DIRECTOR OF CENTRAL LONDON ESTATE AGENCY, KAY & CO Q.I am looking to upsize but want to make sure I’ve found something else to buy before I put my property on the market. What do you advise? A.At present the prime central London market lacks fluidity and it is very difficult to tie in [...]
PROPERTY NEWS February 17, 2011 BLOCK MANAGEMENT REVOLUTION A computer programme called “Blockcare”, designed to manage the administration of small apartment blocks, has been launched by managing agent Ringley Group. The software could significantly lower the fees that leaseholders are charged by traditional managing agents – up to 90 per cent over the course of a year. There is a [...]
PROPERTY NEWS February 17, 2011 BLOCK MANAGEMENT REVOLUTION A computer programme called “Blockcare”, designed to manage the administration of small apartment blocks, has been launched by managing agent Ringley Group. The software could significantly lower the fees that leaseholders are charged by traditional managing agents – up to 90 per cent over the course of a year. There is a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 13, 2011 FINANCIAL TIMES LANSLEY TAKES NURSES’ MEDICINE A contrite Andrew Lansley promised nurses a larger role in the commissioning of healthcare after the Royal College of Nursing passed the first vote of “no confidence” in a health secretary in its history. Attending a “listening” exercise with 65 nurses on the fringe of the RCN’s annual congressl, [...]
Chelsea’s superluxe new development February 10, 2011 LIKE bees to a hive, wealth comes to London property. Certain prime areas of the capital are magnets for international superstars in finance and business – Belgravia, Knightsbridge and Mayfair. But if you’re truly discerning, do you aim to be Harrods’ neighbour? Perhaps not, according to the people behind Henry Moore Court, a super-luxe development [...]
Housing market in South English towns outperforms North February 27, 2011 HOUSE prices in towns in the South of England have outperformed towns in the rest of the country over the last three years, according to data released today. Westbury in Wiltshire – famous for the Westbury White Horse – has seen the largest hike in prices, the Halifax will say today. In December 2010, the [...]
SELLING February 3, 2011 Managine director of estate agency, kay & co Q.I am selling a property in London that has been valued at £1m. What impact will the forthcoming increase in Stamp Duty for properties over £1m have on the sale of my property? A.There has been no evidence to suggest a rush of sellers looking to sell [...]
HEADACHE FOR AVIVA INVESTORS OVER THEIR LIBYAN LANDLORD March 2, 2011 INTERESTING times at 14 Cornhill, the commercial property with a prime location opposite the Bank of England. Its owner has become embroiled in a little local difficulty involving global asset freezing. The Libyan Investment Authority (LIA), the sovereign wealth fund that administers the troubled country’s oil billions, has owned 14 Cornhill since December 2009, when [...]
PROPERTY NEWS January 20, 2011 HYDE PARK PROPERTY FLOURISHING Over 55 per cent of the mega-luxe, much-hyped Hyde Park development the Lancasters (competing with the even-more hyped One Hyde Park), has been sold in advance of its opening in June, making developers Northacre the second best performing retail stock in Europe. Klas Nilsson, Northacre’s chairman, puts this down to “a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 30, 2011 FINANCIAL TIMES CHRISTIAN CANDY TO RESELL GOLD SHARES Christian Candy, the property developer, is to sell shares back to minority investors in a gold mining company after his attempt to take the mine owner private was thwarted. The agreement is part of a deal that could strengthen the rights of small investors. It is set [...]