The crunch has made foreign dream homes far more affordable September 30, 2010 TOUGH economic times have opened the door for a new generation of property investment. Tumbling prices in both the UK and abroad have actually made this investment option more accessible than it was prior to the credit crunch. Nick Clark, managing director of the Property Investment Show, says: “House prices in England and Wales suffered [...]
The housebuilding chief executive who can see clear blue skies ahead September 26, 2010 FOR A MAN who took over a housebuilder in the middle of a devastating financial and property crisis, David Ritchie, the chief executive of Bovis Homes, looks remarkably relaxed. But it is certainly fair to say the pain has eased in recent months for the firm, even though Ritchie remains in the middle of turning [...]
Christie’s announces record-breaking sales of £3bn January 27, 2011 AUCTION house Christie’s notched up £3.3bn of sales in 2010 – the highest total in its 244-year history – as the art market continued to defy the global slump. It was a year of record-breaking firsts for the auctioneer, with global sales up by 53 per cent. Pablo Picasso’s Nude, Green Leaves, and Bust fetched [...]
BUYING January 13, 2011 MANAGING PARTNER OF BLACK BRICK PROPERTY SOLUTIONS LLP Q.Q: What are your predictions for the 2011 property market? Will there be more stock? When is a good time to buy? A.The prime central London property market has constantly suffered from a shortage of stock, and our advice for potential buyers looking for a home is [...]
BUYING January 13, 2011 MANAGING PARTNER OF BLACK BRICK PROPERTY SOLUTIONS LLP Q.Q: What are your predictions for the 2011 property market? Will there be more stock? When is a good time to buy? A.The prime central London property market has constantly suffered from a shortage of stock, and our advice for potential buyers looking for a home is [...]
The £120m question: Will Gold and Sullivan cash in? February 14, 2011 IN THEIR first press conference as majority owners of West Ham on 18 January last year, David Gold and David Sullivan made clear their ambition to move the club into the Olympic Stadium after the London 2012 Games. They knew it had the potential to catapult the debt-laden East End club into the big league; [...]
BHP eyed as potash bidder January 18, 2011 MINING giant BHP Billiton might finally get its chance to buy part of a major potash producer after agribusiness Cargill yesterday signed a deal to sell off its majority stake in fertiliser producer Mosaic. Cargill plans to offload its 64 per cent stake in Mosaic, valued at about $24bn (£15bn), to free up cash for the [...]
The beefed up new Merc SLK March 22, 2011 Despite selling well, the Mercedes-Benz SLK has been seen as a bit fluffy, a lesser animal when compared to some of its roadster rivals. This hasn’t been helped by the fact that most buyers of the car have been female, something that has switched some less- evolved men off. Now Mercedes-Benz is making a considered [...]
FOCUS ON: MORDEN, SURREY August 19, 2010 RIVERSIDE HOUSE, MORDEN ROAD £199,950 This two-bedroom apartment in a smart riverside development is ideal for the first-time buyer. It has an undercover reserved parking bay. Contact: Ellisons on 020 8543 1166, www.ellisons.uk.com MAIN HOUSE, THURLESTON AVENUE £499,950 A semi-detached five-bedroom property close to Morden Park, this family home has an extensive rear garden and [...]
It’s a landlord’s market for hungry Londoners September 23, 2010 THE period of fear, uncertainty and stagnation in the aftermath of Lehman Brothers’ collapse is well and truly behind us – if you’re looking at the rentals market, that is. Prices in central London are at levels not seen since before the meltdown, according to property services firm LSL. Rents in London rose by 2 [...]