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

UK house prices are going up, despite Brexit uncertainty and possible interest rate rises

Homeowners across the UK have had an average of £7,500 added to the value of their property over the past year, and experts expect house prices to continue to rise in the country's more affordable areas. The national average sold house price is now £225,000, which is 4.4% higher than a year ago, according to the latest [...]

By |2018-04-20T15:14:41+01:00April 14th, 2018|Commercial, Industry News, Residential, Uncategorized|0 Comments

Dubai’s gamble on bitcoin property sales

Dubai is pioneering the use of bitcoin in the real world, with the property sector leading the way.  In September 2017, the Aston Plaza & Residences development in Dubai Science Park began offering units in exchange for bitcoin. They started from around 30, 50 and 70 bitcoin (each bitcoin was worth around $4,940 at the time). The project’s developer, British [...]

By |2018-04-09T22:11:18+01:00April 9th, 2018|Commercial, Industry News, Uncategorized|0 Comments

UK joins the race to top Green Finance

The Government's green finance advisers have put forward a ten-point list of investment guidelines which they believe would accelerate the UK's global low-carbon leadership credentials. The Green Finance Taskforce’s report claims that “unprecedented levels of investment” will be required for the UK “to lead the world in cutting emissions while driving growth”. Among its recommendations, [...]

An influx of foreign cash has boosted average UK property prices

A recent study by King’s College London has cast a very interesting light on the UK property market and the impact that foreign investment has had over the last 15 years. The report suggests that UK house prices increased by 20% over the last 15 years as a direct consequence of increasing foreign investment. The [...]

By |2018-04-05T11:50:17+01:00March 30th, 2018|Commercial, Industry News, Residential, Uncategorized|0 Comments

House purchases fall as remortgaging drives lending growth

Mortgage lending grew 4.9% in February to £19bn year-on-year, however, this appears to have been driven by a rise in remortgaging to replace a collapse in house purchase approvals. The £19bn total last month was also down almost £3bn on January and below the monthly average of £21.4bn for 2017. According to the data from [...]

By |2018-03-27T16:13:02+01:00March 27th, 2018|Commercial, Industry News, Residential|0 Comments

Property price growth in Edinburgh outperforms all other UK cities

Property price growth in Edinburgh was higher than any other city in the UK last year with a rise of 10.2% in the 12 months to December 2017, new research shows. Average prices in the city reached a record high of £285,000 and the total value of Edinburgh’s housing stock grew by £7.5 billion from [...]

By |2018-03-23T20:52:18+00:00March 23rd, 2018|Commercial, 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 [...]

Go to Top