Burger chain Byron heads for administration with 1,200 jobs on the line June 29, 2020 Burger chain Byron is scrambling to find a buyer who can stave off impending financial collapse, save 1,200 jobs, and reopen its 52 restaurants in the UK by mid-next month. The company has filed a notice of intention to appoint administrators, in an attempt to protect it from creditors during talks with potential buyers. Sources [...]
‘I bought in London using shared ownership – and cut my commute’ September 23, 2019 As a senior reporter for one of the UK’s leading national newspapers, covering stories across the capital and beyond, David Rivers needed a home that was well-connected to central London. After 18 months of renting in a shared house in Streatham Hill, he was keen to get on the property ladder and have a place [...]
A View to a Kill-ing: Sotheby’s set for historic James Bond auction October 19, 2020 Mayfair’s Bond Street will next month host an exhibition dedicated to its spy namesake as part of an online auction of memorabilia from nearly 70 years of the British franchise.
Second home ownership soars towards the value of £1 trillion June 15, 2019 The number of British people owning a second home has soared by more than 50 per cent since 2001 as the value of additional property wealth nears £1 trillion, according to a new report. Research from think tank the Resolution Foundation revealed that 5.5 million people – around one in ten of the UK population [...]
Walmart revives talks on sale of Asda stake July 20, 2020 Walmart has revived talks to sell a stake in Asda after pausing plans to focus on the impact of the coronavirus pandemic. The US giant, which is the largest retailer in the world, said it had restarted discussions with potential buyers after it was forced to temporarily abandon the move. “Walmart and Asda have restarted [...]
‘It’s empowering to buy a shared ownership home’ September 23, 2019 Shared ownership helped West End actor Chris buy a place of his own in his beloved Islington Twenty-nine year old actor Chris Leask says that shared ownership was the “only way” he was ever going to be able to buy his own place in London. Chris, who is currently playing ‘Everyone Else’ in The Comedy [...]
London house market set for £52bn post-lockdown splurge as transactions stall May 11, 2020 London property buyers could be set to splurge £52bn once the lockdown is lifted due to huge pent-up demand as coronavirus brings the market to standstill. The figure represents the potential spend for residential buyers and marks a 20 per cent increase on the same time last year. It comes as the number of lost [...]
UK house price growth rises to highest rate in five years October 30, 2020 UK house price growth jumped to the highest rate in five years this month, as the market continued to experience a post-lockdown bounce. Annual UK house price growth rose to 5.8 per cent in October, the highest level since January 2015. Property prices were up 0.8 per cent month-on-month compared to growth of 0.9 per [...]
Focus On Canary Wharf: there’s more than just money in E14 June 28, 2019 Most parts of London have had their ups and downs, but few areas have experienced shifts as seismic or profound as Canary Wharf. With the advent of the London Docklands, it went from being uncultivated marshland to the site of the world’s largest port. Following the docks’ closure in 1960, Canary Wharf became an economic [...]
Opinion: Should Philip Hammond scrap stamp duty or reform it? Either way, these first time buyers think something has to be done November 17, 2017 Scrap stamp duty – revenue should not come at the expense of working people by Jack Brentnall Benjamin Franklin famously said that our only certainties in life are death and taxes. Thankfully, Stamp Duty Land Tax (SDLT) does not have to be such a certainty. Considering the context of the current housing crisis, it is [...]