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 [...]
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 [...]
SELLING March 31, 2011 Martin Bikhit MANAGING DIRECTOR OF PRIME CENTRAL LONDON ESTATE AGENCY KAY & CO. Q. I have had three agents value my home. Two were around the same level but one was much higher. What shall I do? A. It is always very tempting to go for the highest valuation. However, it might not be the [...]
First-time buyers benefit from falling deposits February 2, 2010 FIRST time buyers have been given a boost after new figures showed that the availability of mortgages is on the rise. The number of deals is up 20 per cent compared to the start of the year, according to financial information service Moneyfacts. The increased has been driven by the thawing of the mortgage market [...]
CITY VIEWS: WHAT SHOULD BE IN THE BUDGET? March 22, 2011 PHILIP RADLEY | GUARANTEES AND BONDS “Well, for a start, we really need to cut government spending. Hopefully the budget will be less than disastrous, because at the moment taxes are up, petrol is increasing, and with inflation it seems that the price of everything is rising.” MATT BYNORTH | COOPER GAY “As a potential [...]
Bovis doubles profit on land grab policy March 14, 2011 HOUSEBUILDER Bovis Homes yesterday said its 2010 profit more than doubled and that it had made an encouraging start to 2011. Bovis reported a pre-tax profit last year of £18.5m, compared with £7.5m the year before. The company had been expected to post a profit of £18.54m, according to a poll of analysts. Chief executive [...]
Bovis doubles profit on land grab policy March 14, 2011 HOUSEBUILDER Bovis Homes yesterday said its 2010 profit more than doubled and that it had made an encouraging start to 2011. Bovis reported a pre-tax profit last year of £18.5m, compared with £7.5m the year before. The company had been expected to post a profit of £18.54m, according to a poll of analysts. Chief executive [...]
Levene waits for Lloyds sale April 13, 2011 PLANS to sell off more Lloyds Bank branches than the 600 already agreed could cause unhelpful delays to the launch of new banks, Lord Levene told City A.M. yesterday. Levene, who chairs new high street bank NBNK, said it would be “very keen” to bid for a bigger package of Lloyds assets if they were [...]
House prices rose 8.3% year-on-year in August October 12, 2010 HOUSE prices grew 8.3 per cent year-on-year in August, slightly down on July’s figure of 8.4 per cent, official figures showed yesterday. Property prices rose 0.7 per cent in August, helping the annual rate of growth recover some ground after July’s 0.3 per cent fall. The Department of Communities and Local Government said the average [...]
Redrow calls for state help on mortgages September 9, 2010 THE head of housebuilder Redrow called on the government to take action over the sickly first-time buyer market in a bid to revive overall sales, after reporting better-than-expected annual results. Steve Morgan, the founder of Redrow who returned in a boardroom coup last year, described state intervention as a “no-brainer” due to low mortgage availability [...]