Breaking News

Damac Properties (Dubai) looking to invest £1 billion in to London Property

 

As its prices tumble there is still interest in London property, who knows when the dip will end and the right time to dip your toe in to the water. So this has led to a £1 billion interest from investors abroad. Recent news released on Business Times website says that Damac Properties are looking to…

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HM Queen’s £1 Billion Property Portfolio

 

A recent news article reveals that our Queen, Elizabeth II, has quite a property portfolio to her name that ranges from castles to public toilets and also includes a disused reservoir. Of course, possibly the world’s most famous buildings such as Buckingham Palace that was valued at £2.2 billion not long ago by Foxtons estate agents…

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Nightmare ‘AirBnB invasion’ in £2.5million Kensington flat

 

I have used Airbnb a few times now and to be honest it is a great concept for those of us who do not want to take a hotel and would prefer our own space when we are travelling. I put on many shows across the UK and I will always turn to Airbnb to…

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Christopher Walkey

Property supply is now starting to increase across the UK

 

A recent article released on the Mortgage Strategy website reports on the fact that property supply is now at the highest level in four years. The final month of 2018 say an increase of 20% with each agency having a portfolio increase of 7 property on average from 35 up to 42. The report also…

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Christopher Walkey

Lloyd’s ‘Lend a Hand’ gives first time buyers 100% Mortgage

 

The ‘UK mortgages’ sector of Lloyd’s Bank is lending a hand with their new marketing drive giving first time buyers the chance to grab a 100% mortgage. The only hidden request to the title is that the purchasers will require a 10% of the property price backed up by a family member(s) that will need to…

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William Pears Group enters the Social Housing Market

 

William Pears Group, that is said to be one of Britain’s largest property companies holding a portfolio of £6 billion of property in London and south-east England, is now looking at Social Housing following the registration of one of its companies entitled ‘Social Landlord‘. The property giant run by three billionaire brothers (Sir Trevor Pears,…

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Independent estate agency launches within former bank

 

A former Natwest Bank will be the home to a recently formed independent estate agency – Austin & Roe, Granville Square, 75A High Street, Stone, Staffordshire. Sales and Lettings will be taking place where once deposits and loans were issued within the old Natwest Bank building in Granville Square. Giving the local region a new and…

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Cross Keys Homes to invest £350,000 in to revamp of Peterborough housing complex

 

Tyesdale in Bretton, a complex that includes a block of flats, community centre and sheltered housing, will be given a face-lift thanks to a £350,ooo investment by Cross Keys Homes along with a further £100,000 to be put in by Peterborough City Council. The project is hoped to provide temporary accommodation for the local homeless in Peterbororugh….

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Modular affordable housing units gets £12.9 million boost

 

Home Group is set to purchase 49 modular affordable housing units in a deal worth around £13 million that also includes 13 town houses. The location is in Chatham, Kent and the project will be delivered by modular developer Top Hat. Top Hat: “TopHat brings certainty to property development by integrating all parts of the process…

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Lincolnshire County Council to set up company in aid to build more homes

 

More homes needed across the country so once again some positive news coming from Lincolnshire County Council as they set up ‘PropCo’ (a subsidiary of the authority’s holding company Lincolnshire Future Ltd) in order to build more homes and to reach housing targets set. Councillor Patricia Bradwell, executive member for adult care, said, “One of the projects…

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Durham Group Estates purchase office complex in Wakefield

 

Plenty of buying for long term investment going on across the country despite current downward trends in property values in some parts and the fear of what will be happening with Brexit over our heads. The latest purchase by Durham Group Estates sees them acquiring a two storey commercial complex in Wakefield with a floor space…

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Brunswick Real Estate UK sells Weybridge Estate for £17.1 million

 

A portfolio of properties in Weybridge has been sold to Elmbridge Borough Council for a sum of over £17 million as local authorities continue their drive to purchase residential and commercial property to secure their long term futures. Brunswick Real Estate UK have sold off a portfolio of property that include freehold estate of five…

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Estate Agency to launch Futuristic Hub in Luton

 

Benjamin Stevens Estate Agency (established in 2004) will be celebrating their 15th anniversary by launching a futuristic hub in order to revolutionise the industry. Originally based out from an office in Mill Hill, London they now service three separate counties and manage over seven hundred properties. They will look to change from a standard high street…

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Donald Trump faces £5 Million bill after snubbing affordable homes for Aberdeenshire luxury estate

 

A man of many headlines globally, a real estate tycoon in the eyes of some and with an estimated real estate portfolio worth over $3.5 billion (wikipedia) – Donald Trump’s property firm is recently said to be raising eyebrows after snubbing affordable homes in the plans for a new luxury estate next to the site…

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John Lewis announces store to close in Southsea

 

With 127 jobs at risk, John Lewis is said to be looking to close Knight & Lee & Partners in Southsea it has been recently reported. As of October 2018, the John Lewis Partnership operated 52 John Lewis stores throughout Great Britain (wikipedia) though their smallest store based in Southsea is under threat of closure following…

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