Number of first-time buyers hits 10-year high January 13, 2017 The number of first-time buyers has reached a 10-year high last year. According to Halifax, there were 335,750 first-time buyers in 2016, up 7.3 per cent on the year before, but still well below the pre-crisis peak of 402,800 in 2006. The average age of a first-time buyer was 30, and they spent an average £205,170 [...]
British Gas owner Centrica ‘to cut dividend and sell off oil and gas business’ July 21, 2019 Centrica is said to be planning to cut its dividend and start looking for a buyer for its oil and gas business. The British Gas owner is reportedly planning to cut its payout in a bid to keep its credit rating. It would join the likes of Vodafone, Marks & Spencer and BT in doing [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
New report shows falling house sales persist amid ‘subdued’ London market July 12, 2018 June marked the 16th consecutive month of falling house sales in London, according to the closely watched survey from the Royal Institution of Chartered Surveyors (Rics). Prices in London continued to decrease, albeit at a lesser pace than the previous reports. The report, which shows falling prices as well as sales, suggests London’s "subdued picture [...]
Electric car sales charge ahead with record monthly demand September 5, 2019 More electric cars were sold in Britain last month than ever before, as zero-emission car sales rose fivefold amid an otherwise subdued automotive market. Zero emission car sales came to 3,147 vehicles in August compared to just 659 this time last year, as the release of several new models over the summer boosted demand, including [...]
Don’t be daft, foreign buyers keep housing supply alive August 24, 2018 New Zealand has been facing a familiar crisis to us here in the UK. Rising house prices, declining home ownership, and an influx of interest from foreign buyers. Less familiar, however, is the New Zealand government’s recent decision to ban foreign buyers from purchasing property in the country. It’s a decision that has come amid growing [...]
Pub companies: Is now the time to invest in a cheap pint? September 23, 2019 Investors in Greene King are raising a glass in celebration after Hong Kong’s richest man, Victor Li, agreed to buy the UK’s largest publicly-listed pub and brewery company for £4.6 billion (including net debt). A unit of Li’s investment vehicle, CK Asset Holdings, has bid 850 pence per share – more than a 50 per [...]
How a relationship break-up spurred this founder to build ‘Ebay for travel’ to help flog unwanted holidays May 20, 2019 When you think of unwanted items, holidays don’t tend to spring to mind. But according to Simon Powell, founder of TransferTravel, billions of dollars are wasted globally on unwanted travel every year, while an estimated 220,000 hotel rooms are paid for and never used every day in the US alone, wasting $8.6bn annually. And with [...]
Low-emission car registrations fall for first time in two years July 4, 2019 UK registrations of alternatively-fuelled cars fell in June for the first time since April 2017, with a major industry body blaming confusion over low-emission zones and incentives. Read more: Hybrid and diesel car sales fall in May amid government policy confusion Overall new car registrations in the UK fell for the fourth month in a [...]