Lack of buyers for No 1 Poultry loan in worrying sign for City’s property market December 6, 2023 Bank of Ireland is trying to dodge a loss on a loan secured against No 1 Poultry, a worrying sign for London's commercial property market.
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 [...]
Selling your home? Think twice before dismissing the first offer March 20, 2020 There are numerous examples that I can recall where we have received a good offer for a property very soon after bringing it to the market, sometimes in a matter of days – only to have the owner reject the offer on the basis that it has been ‘too quick’. More often than not, this [...]
UK house prices to ‘hold firm’ in 2020 despite Covid-19 crisis August 27, 2020 UK house prices are set to hold firm for the rest of the year despite the looming recession and rising unemployment sparked by the coronavirus crisis. Annual house price growth has been sustained at 2.5 per cent as demand continues to outstrip supply, despite fears that the pandemic would cause property values to plunge. According [...]
BMW M3 Competition review: super saloon gets a grilling May 22, 2021 A new BMW M3 is always exciting news. Tim Pitt goes fast and sideways in the 510hp Competition – and ask how it compares to the E30 original.
Should you look at Irish whiskey as an investment? March 5, 2021 With St Patrick’s Day on the not-too-distant horizon, thoughts inevitably turn to iconic festivities to be enjoyed. For many this involves toasting a taoscán of Irish whiskey. The day and drink are synonymous with each other. But this year maybe you should think about investing instead of drinking your whiskey? The Irish end their toasts [...]
‘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 [...]
Ebay to sell classified ads unit to Adevinta for nearly $9bn July 20, 2020 Norwegian group Adevinta has won the auction to buy US e-commerce firm Ebay’s classified-ads unit for nearly $9bn, a source familiar with the matter told Reuters today. Ebay intends to keep a minority stake in the business following the close of the deal, the source said. Activist investors Elliott Management and Starboard Value had been pushing Ebay to sell [...]
Focus on Balham: The family-friendly outpost is now pricier than Wimbledon and Putney August 30, 2019 In the post-war era, Balham was mocked as the ‘Gateway to the South’ in that infamous Peter Sellers sketch sending up radio adverts for far-flung holiday destinations. The joke was that nothing much exciting happened there – it was an archetypal dreary suburb. How times have changed. It is now a fiercely sought after location [...]
High street redundancies: Which retailers have cut jobs in the pandemic so far? February 13, 2021 Thousands of high street jobs have evaporated during the coronavirus pandemic, as retail chains have fallen under the pressure of lockdown restrictions on trading. The UK high street, which was already struggling before the pandemic, is set to look very different when shoppers return after lockdown following high profile collapses that have cost many retail [...]