Warren Buffett partners with London estate agent Kay & Co in vote of confidence for capital’s property market September 10, 2018 The capital's property market has received a vote of confidence as billionaire Warren Buffett partners with London estate agent Kay & Co, despite a recent house price slump. Luxury agent Kay & Co has signed a franchise agreement to join Buffett's investment vehicle Berkshire Hathaway Home Services. Buffett, known as the "Oracle of Omaha", is the chief [...]
London house prices set to hit lowest growth levels since financial crash September 10, 2018 London house prices are set to drop 0.7 per cent next year, marking the lowest annual rate of growth in the UK’s property market since the 2008 financial crisis. Big Four accountancy firm KPMG has projected that property prices in the capital will continue to fall until 2021 in a report out today that suggests [...]
Interiors: Here are the high street brands winning a PETA Innovation Award for venturing into vegan homeware September 7, 2018 Let’s face it – if we saw where our meat comes from, most of us would be appalled. While some choose to the look the other way, others have turned to veganism and the stars of the US Open showed us this week that it’s a lifestyle that’s just as much about health as it [...]
Holiday Homes: Morocco is re-fashioning itself into a hotspot for the international polo crowd with houses to match September 7, 2018 In pride of place on the wall of the Jnan Amar Polo Club in Marrakech is a picture of Sir Richard Branson. Taken in 2014, it shows the grinning Virgin mogul at the first British Polo Day, held at these Moroccan grounds for the first time and contributing a tidy donation to the Eve Foundation, [...]
Property of the Week: The wing of a church damaged during the war is now a huge house of historical proportions September 7, 2018 What makes a house worth £22m? Well, there are a few things. Firstly, location, location, location. This property on Upper Cheyne Row, one of the most sought after addresses in Chelsea, is also home to vacuum supremo Sir James Dyson and, not one, but two Rolling Stones in bassist Bill Wyman and frontman Mick Jagger. [...]
Opinion: Thinking of letting your property to students this September? Read these landlord tips first September 7, 2018 There are now more students in the UK than ever before. A record 1.7m are studying full-time, including 1.04m studying away from home, an increase of 2.6 per cent year-on-year, according to The Student Accommodation Annual Report 2017-18 from Cushman & Wakefield. If you’re a landlord letting to a student for the first time this [...]
New homes: Our pick of the new homes going on sale in the London this weekend September 7, 2018 New developments on the market this week Clarendon, Hornsey From £355,000 The first homes at a major regeneration site in north London are on sale. The 12 acre brownfield site will boast 1,700 new homes and over 100,000sqft of retail and offices as well as a new public park. Hornsey Park Place is the first [...]
UK house prices growth accelerated in August September 7, 2018 Annual house price growth picked up in the three months to August, growing by 3.7 per cent, compared to a 3.3 per cent annual rise in the run up to July, according to new figures released today by Halifax. With the average home costing £229,958, house prices remained steady month to month, ticking upwards by [...]
Is there any justification for keeping Help to Buy? September 7, 2018 Is there any justification for keeping Help to Buy? David Campbell, group sales and marketing director at Telford Homes, says YES. Help to Buy is a wonderful policy that has enabled around 246,000 people to get onto the property ladder – 81 per cent of whom were first-time buyers. Many of these buyers would not have [...]
GCP portfolio swells as demand for London universities persists September 6, 2018 Property developer GCP Student Living revealed a 23 per cent rise in its portfolio value over the last 12 months amid growing international demand for London’s top universities. Full-year rental income for GCP jumped from 28.9m to £35.8m, while property portfolio values rose to £784.4m in the year leading up to the end of June [...]