Over half of UK investors no longer see property as a good investment

Over half of UK investors no longer view property as a good investment, according to a new survey commissioned by Rathbone Investment Management. The introduction of an extra stamp duty levy as well as new regulations by the Prudential Regulation Authority affecting landlords has led to many investors re-evaluating property as an investment, according to [...]

By |2018-05-22T23:34:46+01:00May 18th, 2018|Concepts, Industry News, Residential|0 Comments

Top 10: London boroughs where property demand is highest

While property demand has dipped in the capital, those selling in Bexley are faring better than most, according to online estate agent Emoov. It has been deemed the hottest spot for property demand in London at present in Emoov's national hotspots index for the first quarter. The index considers homebuyer demand levels based on the balance [...]

By |2018-04-23T16:52:35+01:00April 19th, 2018|Concepts, Industry News, Residential, Uncategorized|0 Comments

Property firms make millions buying and selling on MoD land

MoD fails to ensure windfall profits are returned to taxpayer or development occurs, says opposition. Property companies have made millions of pounds by buying land from the Ministry of Defence and applying for planning permission, before selling on the sites. Sites with space for 55,000 houses have been sold off including Fort George in Scotland, two York barracks and [...]

London leads new global green finance rankings

London’s reputation as a leading financial centre has now extended to include the field of sustainability. A new Global Green Finance Index (GGFI) has found the city as the top destination for green finance, leading in both the categories of ‘penetration’ and ‘quality’. The Index, launched by think tanks Z/Yen and Finance Watch, was compiled using survey data [...]

London’s property market worth twice the combined value of the nine other largest UK cities

London's property market is now worth more than £1.5tn, an increase of 1.54pc in the past 12 months, according to fresh figures released on Thursday. Despite subdued house price growth in the capital over the past year, the market is more than twice as valuable as the combined worth of property assets in the next [...]

By |2018-02-23T10:09:07+00:00February 23rd, 2018|Concepts, Industry News, Uncategorized|0 Comments

First-time buyers ‘at 11-year high’

More first-time buyers took out mortgages in 2017 than in any year since the financial crisis. There were 365,000 first-time buyers in the UK, the highest number since 2006 and an increase of 7.4% compared with 2016, UK Finance said. Yet this growth is expected to cool in 2018, the lenders' trade body said. The [...]

By |2018-02-15T13:31:23+00:00February 15th, 2018|Commercial, Concepts, Industry News, Residential, Uncategorized|0 Comments

First-time buyers in London are priced out, as flats purchased this year have decreased

The number of apartments being purchased in London has decreased as they are priced further out of reach for ordinary first-time buyers, new research suggests – On average, London apartments are now worth £434,587. As of July, the number of flats purchased in the capital fell by 47% compared to 12 months prior, according to [...]

By |2017-10-24T18:06:19+01:00October 24th, 2017|Commercial, Concepts, Uncategorized|0 Comments

The UK’s wealthiest properties have lost millions, thanks to tax changes and Brexit uncertainty

One of the UK’s wealthiest homeowners has just seen an eye-watering £13m fallen off the value of their property, all within a year! With Brexit uncertainty and recent tax changes shows vast fall in the value of homes - property rich list, no more. According to Zoopla’s new research, Kensington Palace Gardens in west London [...]

Jumbo Bridging rebrands with a new website and new app!

A fresh look and a market leading bespoke new app for Jumbo Bridging! The UK’s leading provider of all large bridging finance specialists, has undergone a total rebrand, and today has revealed its brand new bespoke website and mobile app to support its evolution in the growing bridging finance market, and with the highly anticipated [...]

By |2017-09-27T17:15:26+01:00September 27th, 2017|Commercial, Concepts, Uncategorized|0 Comments