That is quickly translating into pressure on prices. Ed Mead advises: “Prices were reduced 10-15 per cent almost in unison. But now, anyone who wants an easy life and a sale must reduce prices another 10 per cent from what they think is a reasonable price. That adds up to a fall of 25 per [...]
29 May
Posted by: admin in: London Flats, London property
An increasing number of developers are creating communal areas where residents and their guests can socialise, as Catherine Moye reports
Forget judging a person by the size or décor of their home. Soon it could be the “Wow factor” of their building’s lobby, the cocktails shaken in the on-site bar or quality of the landscaping [...]
Since 2006, property prices in Greater London have gone up by an average of 20.1% - far more than the 10.8% rise in England and Wales as a whole. In prime central London Property, they went up by 34% in the same period, according to Savills. Yet what a difference a year makes. Suggestions that [...]
Great Portland Estates, the landlord which specialises in offices in the West End of London, reports that the value of its property portfolio fell by just 0.2% last year to £1.6bn. This represents a decline of £2.7m.
The firm has benefited over other London property owners by focusing its investments in the West End.
In contrast, British [...]
British Land (BLND.L: Quote, Profile, Research) gave the UK’s embattled property sector a fillip on Tuesday after it said the pace of decline in the value of its assets was slowing, breathing life into a market smothered by price uncertainty.
Posting better-than-expected full-year figures, the UK’s second-largest property company said the value of its portfolio fell [...]
The party’s over. Everybody left ages ago. You were the last one standing, but your memory of
It didn’t seem to matter how you behaved or what you did, just as long as you turned up, borrowed as much cash as you could and spent it. Not only did the value of your house keep [...]
15 May
Posted by: admin in: Estate agents London, London property
St Pancras Chambers is a redevelopment of the famous Grade I-listed St Pancras station, designed by George Gilbert Scott and formerly the Grand Midland Hotel, to create a five star hotel on the lower floors and 68 apartments above, including duplexes and triplexes.
The view Close-up view of St Pancras’ Gothic clock tower and far reaching [...]
Sainsbury’s has created a new property division – Sainsbury’s Property Investments - to manage property joint ventures that it has entered into. Peter Baguley, previously director of property, will take on the new role of managing director of the division reporting directly to Darren Shapland, chief financial officer on the main board.
Since March 2007 Sainsbury’s [...]
According to homemove, Figures from the Land Registry show that the annual rate of house price growth in England and Wales has slowed for the seventh consecutive month.But not include in London property price.
The average house price is now £184,798 and the annual increase was 3.6% in March compared with 5.3% in February.
The survey by [...]
13 May
Posted by: admin in: London Property Listings, London property
As the residential sales market is London slows down in the light of the escalating credit crisis both in the UK and US, Hurford Salvi Carr, specialist estate agent for the london City, Docklands and West End, have launched a new Short Let division to meet the increasing demand for short term enquiries.
The main [...]