Posts Tagged ‘London’
The Jewel in the Crown?
Will Canary Wharf become the Jewel in the Crown over the next few years when it comes to property investment in London? We have seen big rises in London over the last few years well above that of other parts of the UK, that however does not dampen the expectations of MyLondonHome CEO Christian Thomas.…
Read MoreLondon house gap at 20yr high
According to Hometrack Cities House Price Index, the gap between house prices in London and other major cities across the UK is at its widest for 20 years, this is despite reports of a reduction in the gap between regional house prices, city level figures confirm that the slowdown in London is not happening. Hometrack…
Read MoreLondon house price rises continue say RICS
House prices are still rising in London caused by fewer instructions to sell and rising buyer demand, the number of homes coming on to the market remains at its lowest level in at least three decades, according to the latest RICS UK Residential Market Survey, In London 34% more respondents saw prices rise over the…
Read MoreFewer mortgages for London property
Fewer mortgages are being granted to people looking to buy in London, the reason for this is simple, rising housing costs are pricing buyers out of the market, until the housing shortage is resolved the problem will continue to grow. According to the Council of Mortgage Lenders there were 18,800 home purchase loans granted from…
Read MoreAffect on London property prices
The turmoil in Asian markets is having its affects across the world, we have seen this week share price movements that have never been seen before across markets, on Monday the Dow Jones dropped during the day by a record amount, thankfully for investors recovering by the end of the day. The Chinese economy has…
Read MoreProperty market attracts laundered money.
A story that seems to have had its fair share of publicity over the last weekend is that of criminals buying into the London property market with money gained from illegal activities, this was highlighted by the National Crime Agency (NCA) This type of money laundering is one of a number of factors that is…
Read MoreZoopla report strong regional house price growth
The average house price increased in value by £6,974 between January and the beginning of July according to the property website Zoopla. Strong prices were recorded across the country, some regions seeing stronger price growth than that of London so far this year. House prices across Britain are estimated by Zoopla to have increased by…
Read More£1.26 million for garden in Primrose Hill
Small garden just 20 metres square sells for £1.26 million plus £68,750 in stamp duty in Primrose Hill, North London and it does not have planning permission. The small plot went up for sale by auction at a guide price of £100,000 – £150,000. Gary Murphy from Allsops reportedly said “that this was one the…
Read More“Property Millionaires”
Zoopla the property company revealed through their research that the number of British homeowners with a property worth £1 million or more now stands at 524,306, an increase of 8.3% in the last year as property prices rise. In Britain there are now 10,958 streets where the average house price exceeds £1 million, 43% of…
Read MoreGiving a voice to the demand side in the Property market (And getting agents to work harder…)
“Where is the Dec19 SX5E 3500/4000 one by two call spread now”? Does this sentence sound alien? On the trading floors of the City of London it is an everyday occurrence when a customer such as a pension fund or a hedge fund sends a request to banks to get the latest quote on a specific financial product.…
Read MoreNew property hot spots around London
House price affordability in London is putting pressure on buyers to look to the commuter belt to find a home within their price range, latest data from the Land Regsitry shows annual growth of just more than 9%, making the average London house worth £475,961, in the South-East, annual price rises are also just over…
Read MoreYoung, gifted and posh students find their perfect uni pad.
West End estate agent, LDG know all about the heart London. London not only has some of the world’s best universities, it is one of the greatest centres of culture and creativity, famed for its museums, arts scene, nightlife and diversity. It should, therefore, come as little surprise that students from all over the world…
Read MoreProperty versus Pints
Foxtons the Estate Agents represented by Agents Montague Evans notified Southwark Planners in April that they intended to open a Branch of their Estate Agency in the pub known as the Elephant and Castle. The current Elephant & Castle pub is on the corner of New Kent Road and Newington Causeway, it took the place…
Read More£1 million by 2030
£1 million by 2030, thats the figure that average house prices in London are expected to reach, that is double the present price, according to the Office for National Statistics the average home in the capital is now priced at £490,000. There is no doubt that the London property market is the most demanded in…
Read MoreHouse prices outside London
House prices UK wide are predicted to outperform those of London for 2015 with increases of 1.5% nationwide but a dip of 3.6% in London. This change of trend in price performance will be the first time in six years that London does not lead the way in property price increases. The CEBR were quoted…
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