-
Property prices broke records as they exceeded previous highs across the UK. Rightmove’s latest House Price Index report has revealed property prices are on the rise across the UK. The survey reported the fifth consecutive monthly rise to bring the national average property price to £249,841.
Published: 21/05/2013 11:11:51 | Read...
-
Increased investment from the US could cause a rise in UK property prices. An up-tick in international investment could be a double edged sword for the UK property market according to one industry insider.
Published: 20/05/2013 11:10:40 | Read...
-
It finally feels as though the UK is on the road to recovery, with the Bank of England upgrading its growth outlook on Wednesday (May 15th) and predicting a faster fall in inflation. While we won't be seeing a return to pre-recession activity any time soon, this cautious optimism on behalf of the central bank....
Published: 17/05/2013 10:14:13 | Read...
-
The commercial property sector in Birmingham looks set for some good times ahead, with experts claiming the appetite of lenders to finance projects is increasing. According to Jones Lang LaSalle, the main high street banks and some specialised lenders are aiming to lend more this year to investors in the city...
Published: 15/05/2013 10:06:47 | Read...
-
The buy-to-let sector has seen more activity of late, with gross mortgage lending totalling £4.2 billion across 33,500 mortgages in the first quarter of 2013. Figures from the Council of Mortgage Lenders (CML) showed lending is on the rise in the sector, increasing from £3.7 billion during Q1 2012.
Published: 14/05/2013 11:43:40 | Read...
-
Foreign investors are helping to prop up London residential development according to research from Jones Lang LaSalle. The broker revealed figures suggesting that half of London’s new-home buyers are international investors tempted by the capital’s reputation as a safe haven.
Published: 13/05/2013 13:53:50 | Read...
-
Plans have been submitted for a hotel on the Frenchay Campus at the University of the West of England.
Published: 13/05/2013 13:36:59 | Read...
-
Homes within ten-minutes walking distance to a Crossrail station are already seeing a value boost, according to a new report. Knight Frank's Crossrail 2013 study shows that real estate close to the infrastructure project has had a 30 per cent price hike since 2008.
Published: 09/05/2013 11:27:52 | Read...
-
A disused post office in Leicester looks set to be converted into student accommodation. The building has been without an occupant since 2008, when it was bought by Leicester City Council, the Leicester Mercury reported. It is now reported to cost the taxpayer £30,000 per annum and in a bid to bring the building back into use, the council has agreed to sell it to developer IMAP Properties.
Published: 08/05/2013 13:34:28 | Read...
-
While the falling value of the pound is bad news for the UK as a whole, for London's property market it is having a strangely positive effect. Knight Frank explained that the weak pound is enticing foreign buyers into the capital and they aren't wasting any time snapping up real estate while the currency remains low against their own...
Published: 07/05/2013 15:56:27 | Read...
-
The Financial Conduct Authority (FCA) is urging borrowers with mortgages due for repayment before 2020 to take control now. Following research into the ability of consumers to repay interest-only mortgages when they mature, it was found that while many are in a good position for repayment, there are those that need to take action through repayment planning.
Published: 03/05/2013 12:01:03 | Read...
-
Office markets in the UK's Big Six regions are showing signs of recovery, according to Jones Lang LaSalle. Research showed that during the first quarter of the year, total occupier take-up reached one million square feet - an increase of 25 per cent year-on-year. Regional variations were present, but total take-up in Q1 was 15 per cent ahead of the three year quarterly average of 880,000 square feet.
Published: 03/05/2013 09:57:04 | Read...
-
An Oxford City Council planning policy document is being challenged by one developer and a local college. McLaren Property and Merton College Oxford have taken umbrage against a proviso of the city's sites and housing development plan document, which requires contribution towards affordable housing from any developer of student accommodation with more than 20 bedrooms.
Published: 02/05/2013 10:02:35 | Read...
-
London property prices have reached new highs, according to data from the Land Registry. At the end of March, the average value of a house in the capital stood at £374,568. Over the last year, prices have skyrocketed by 9.4 per cent across the city. This is the largest increase for nearly three years. Month-on-month a 2.5 per cent increase was noted.
Published: 02/05/2013 09:55:13 | Read...
-
It seems nothing can dent the confidence of Londoners when it comes to house price rises. A survey from Zoopla showed 89 per cent of London homeowners believe values will increase by the end of summer. This makes them by far the most confident property owners in the UK, despite the fact the capital saw no price growth in April.
Published: 02/05/2013 09:31:33 | Read...
-
UK prime property is edging nearer and nearer its peak level, according to Savills. Figures show that sales of £1 million-plus homes have recovered to within just six per cent of their 2007 peak, driven by a strong London demand...
Published: 26/04/2013 14:53:00 | Read...
-
Following the recent Budget, it's emerged that Ministers are to consult on whether pension investors could consider holding residential property in their retirement funds...
Published: 24/04/2013 12:56:55 | Read...
-
A London mansion could be set to break the UK record for a property transaction after going on sale for £250 million. The Grade I listed Regency property - described as one of the largest residential homes in the central London - overlooks St James’s Park in the centre of the capital.
Published: 25/04/2013 13:11:35 | Read...
-
It seems the government's policies to reinvigorate the housing market are starting to pay off, with Knight Frank's HPSI showing optimism is increasing. Out of 1,500 homeowners surveyed across the country...
Published: 25/04/2013 13:02:02 | Read...
-
A new land procurement panel has been set up in London to accelerate the delivery of housing. Established by Mayor Boris Johnson, 25 developers have been chosen to sit on the London Development Panel...
Published: 23/04/2013 11:35:56 | Read...
-
Southampton is the place to be for buy-to-let landlords, according to new research from HSBC. Out of 50 towns and cities with the highest concentration of private rental housing, Southampton topped the list...
Published: 22/04/2013 12:14:51 | Read...
-
It has been a strong Q1 for the hotel sector, with investment volumes nearly quadrupling year-on-year. Savills claims during the first three months of the year investments totalled £1.9 billion...
Published: 19/04/2013 12:38:45 | Read...
-
Under amendments to the Enterprise and Regulatory Reform Bill, renters will be given the right to challenge 'rogue' lettings agents, who will be required to sign up to an approved redress scheme...
Published: 18/04/2013 14:31:45 | Read...
-
The London property market may not be as stable as was originally thought, with one expert suggesting luxury real estate price levels could be unsustainable...
Published: 17/04/2013 12:14:58 | Read...
-
Advertised rents dropped by 0.43 per cent between January and March. However, this didn't take the form of a straightforward downward trajectory. Prices dropped in early January, before stabilising towards the end of the month and throughout February...
Published: 17/04/2013 12:07:30 | Read...
-
Manchester is to receive another boutique student development. Knight Knox International has launched its third student accommodation project in the city, in conjunction with X1 Developments...
Published: 16/04/2013 10:06:54 | Read...
-
The UK's lack of housing supply is starting to show in the property market, according to one expert...
Published: 15/04/2013 11:13:44 | Read...
-
There will be a further 24.3 million households in the UK by 2021, according to new government data. This equates to an additional 221,000 households per annum...
Published: 12/04/2013 11:25:20 | Read...
-
Investors may want to sit up and take notice of Manchester in 2013, with an improvement in the city's office market suggesting more and more businesses are flocking to the area...
Published: 11/04/2013 13:05:27 | Read...
-
The first part of a regeneration programme in Old Trafford has been completed. PRP Manchester, working with Seddon Construction for Trafford Housing Trust (THT), has finished a £7.5 million sustainable refurbishment of three multi storey tower blocks in the area...
Published: 11/04/2013 12:47:22 | Read...
-
Commercial property will experience a strong 2013 across most market segments, with rental growth driving returns. This is the prediction of Jones Lang LaSalle, which claims things are starting to look up for UK real estate...
Published: 08/04/2013 11:07:13 | Read...
-
A pub in Cambridge looks set to be bulldozed to make way for more student accommodation. Plans for the demolition have been recommended for approval, but not without some contention...
Published: 05/04/2013 11:24:10 | Read...
-
Investors and occupiers should look for ways to take advantage of building depreciation and obsolescence, according to Jones Lang LaSalle...
Published: 04/04/2013 11:42:42 | Read...
-
Fears that property prices in London are growing at an unsustainable rate will be eased somewhat by new figures from Savills, which show steady growth in the prime market...
Published: 03/04/2013 11:35:39 | Read...
-
Hotels outside London experienced revenue and profit growth for the first time since 2009 in February, driven by growing demand from the corporate and leisure sectors...
Published: 02/04/2013 11:19:36 | Read...
-
The ability of the New Homes Bonus to deliver the housing the UK desperately needs has been thrown into question by a new report...
Published: 02/04/2013 10:53:33 | Read...
-
Average house prices in the UK are on the up, thanks to London's continued property boom. Hometrack revealed March saw the strongest monthly rise in values in three years, posting a 0.3 per cent increase...
Published: 28/03/2013 10:10:12 | Read...
-
Plans to create further student accommodation in Tottenham are to be discussed today (March 25th), potentially determining the near-term future of the area's stock...
Published: 25/03/2013 12:38:04 | Read...
-
While Budget 2013 has been largely praised for the measures it introduced for the housing market, there are some that feel it may not have gone far enough...
Published: 22/03/2013 11:24:22 | Read...
-
As the UK braces itself for further austerity measures in today's (March 20th) Budget, the Centre for Economics and Business Research (CEBR) has claimed that any further drop in the value of the pound will not be entirely bad news...
Published: 20/03/2013 11:08:31 | Read...
-
Perception is certainly everything when it comes to the housing market and Knight Frank/Markit’s House Price Sentiment Index (HPSI) indicates that optimism is increasing...
Published: 19/03/2013 11:20:46 | Read...
-
Private landlords are being warned that they need to up their game if they are to compete with their larger counterparts. According to Savills, big residential portfolio investors and traditional family owned estates are raising the bar for quality and tenant experience...
Published: 19/03/2013 11:08:34 | Read...
-
London's economy has been outperforming other regions in the UK since 2007, according to new data from the Office for National Statistics. Analysing data from before the onset of the economic downturn onwards...
Published: 15/03/2013 11:40:46 | Read...
-
Property in London is still a status symbol for investors, with Savills' World Cities Review preview showing the capital to be the second most expensive city in the world. Beaten only by Hong Kong, London continues to demand high prices...
Published: 13/03/2013 12:40:26 | Read...
-
Commercial property in the US could soon be back to peak levels, according to one Newport Beach-based research firm...
Published: 11/03/2013 14:20:59 | Read...
-
The UK may have a rocky road ahead if the predictions of the Euro Group's new president come to fruition...
Published: 11/03/2013 14:02:29 | Read...
-
The ranks of the world's wealthy are set to grow and London is poised to be one of the beneficiaries of this upward trend...
Published: 08/03/2013 09:58:30 | Read...
-
The Swedish brand is aiming to create a chain of budget hotels across Europe, enabling people to enjoy "contemporary stylish design, approachable service and, most importantly, an affordable price". In collaboration with the US group Marriott...
Published: 06/03/2013 11:48:34 | Read...
-
A building in Wrexham previously used as a mines rescue centre has been targeted for redevelopment and councillors are now debating proposals to turn the site into student accommodation...
Published: 05/03/2013 11:33:59 | Read...
-
The government's investment in affordable housing has twice the impact originally expected, making the case for the coalition to pour more money into the sector. A new report has shown that at least twice as many homes are being built...
Published: 04/03/2013 11:49:19 | Read...
-
Residential real estate investments are continuing to outperform commercial property, according to the latest analysis from one of the leaders in worldwide critical business intelligence...
Published: 01/03/2013 12:18:34 | Read...
-
With the high street witnessing business collapse after business collapse, it is easy to feel that the retail sector is floundering. However, in London's luxury postcodes, this certainly isn't the case...
Published: 27/02/2013 09:42:48 | Read...
-
Mayor of London Boris Johnson is taking action to preserve the capital's key business districts, amid what appears to be a residential offensive. With demand for homes in London outpacing supply, the city is acutely aware that housing must be created...
Published: 26/02/2013 11:58:23 | Read...
-
It isn't just London that is proving to be a safe haven for investment amid economic uncertainty, according to Jones Lang La Salle. The leading property advisors claim that Bath is distinguishing itself as a place protected by its own 'bubble'...
Published: 26/02/2013 11:29:22 | Read...
-
With the residential property market starting to see signs of recovery, it is easy to slip into a false sense of security, but the Bank of England governor has made it clear that failing to take further action is not an option...
Published: 25/02/2013 11:45:38 | Read...
-
Investors are now setting their sights on greenfield land in key locations across the country. According to Savills, in 2012 urban value growth increased by just 1.7 per cent, compared to greenfield land, which saw a rise of 3.6 per cent. Both of these outperformed national house price growth, which fell by 1.1 per cent...
Published: 22/02/2013 10:55:53 | Read...
-
Transaction volumes in the city totalled £8.9 billion, while the West End enjoyed £6.1 billion worth of sales overall. Among overseas buyers, Asian investors dominated in the City, accounting for £2.27 billion of transactions...
Published: 20/02/2013 12:03:57 | Read...
-
Residential land growth is slowing in the UK, according to Knight Frank's Residential Development Land Index Q4 2012. It was revealed that values remained largely unchanged during the year in England and Wales, but the rate of growth experienced in previous years did not continue...
Published: 19/02/2013 11:00:33 | Read...
-
Exeter hotels have gone from strength to strength in recent years, despite the financial crisis. Speaking about the phenomenon, John Kinsey, director of hospitality and hotels group at Jones Lang LaSalle, explained..
Published: 15/02/2013 12:23:26 | Read...
-
It’s starting to feel like a return to the good old days isn’t too far away for the UK property market at the moment, with new figures from e.surv chartered surveyors bringing more good news to the sector...
Published: 14/02/2013 11:40:36 | Read...
-
When the government revealed the UK economy contracted during the final quarter of 2012, there was a fear that the impact would be far reaching, especially in the property market...
Published: 13/02/2013 12:01:07 | Read...
-
Lend Lease, a property group specialising in project management and construction, has announced that it has signed an agreement with Manor Property Group to design and develop student accommodation throughout the UK....
Published: 13/02/2013 10:25:43 | Read...
-
Plans for the redevelopment of the historic BBC Television Centre have been revealed and the site looks set to be transformed into flats, offices and a hotel. While three of the existing studios will continue to be used for the broadcaster to produce programmes...
Published: 12/02/2013 13:46:34 | Read...
-
The government's move to relocate civil servants from some of the most sought-after locations in central London to more appropriate buildings has proven to be a major stimulus for the capital's economy...
Published: 12/02/2013 12:50:33 | Read...
-
While the sliding value of sterling may have negative implications for the economy and regional property markets, it seems that London real estate will not swayed by the declining value of the pound...
Published: 12/02/2013 12:40:47 | Read...
-
The decision of Bolton Council to give the go-ahead to two new student accommodation blocks will bring the town one step closer to becoming a University hub...
Published: 07/02/2013 15:08:56 | Read...
-
Boris Johnson is asking the government to give him the support he needs to solve London's lack of housing and avert crisis. He wants the coalition to grant the city the right to keep all stamp duty receipts raised on its property sales to help it build the million homes needed by the mid 2030s...
Published: 06/02/2013 12:24:06 | Read...
-
Lambeth Council has approved planning permission for the development of student accommodation that will be made up of over 1,000 rooms...
Published: 05/02/2013 13:55:26 | Read...
-
The London property market is showing strong signs of growth and resilience, with news of prime central prices in the capital rising by 53 per cent since March 2009...
Published: 04/02/2013 11:12:32 | Read...
-
One of the most interesting development projects in the capital in recent times is set to become a reality, after all three partners involved agreed on initial terms. AEG, Arora and Queensgate Investments are looking to build a new luxurious hotel at the site of the 02 Arena in London...
Published: 04/02/2013 11:04:12 | Read...
-
The Office for National Statistics revealed that the economy shrank again in the final quarter of the year by 0.3 per cent, spelling bad news across all sectors, including the property market...
Published: 31/01/2013 11:26:30 | Read...
-
Figures have shown that 2012 was a vintage year for student accommodation in the UK. According to the CBRE, last year there was a record £2.7 billion transacted. This marks a 125 per cent increase on investment levels in 2011 and comes despite the overall decline in the number of students in the UK...
Published: 31/01/2013 11:11:32 | Read...
-
Office workers could soon be heading out to London's fringe, with research showing those investing in office units are increasingly looking away from the centre of the capital...
Published: 25/01/2013 11:24:23 | Read...
-
Londoners are optimistic that the value of their property will increase in 2013, according to a new report. The Knight Frank/Markit's House Price Sentiment Index found 65.5 per cent of those living in the capital expect to see the price of their home rise over the next 12 months...
Published: 25/01/2013 11:12:39 | Read...
-
Transaction levels were considerable for central London's property market in the final quarter of 2012, noting the third highest volume level on record...
Published: 24/01/2013 14:13:08 | Read...
-
London hotels will experience a rise in supply and demand in 2013, according to a recent forecast. STR Global and Tourism Economics predict that this year will be one of growth for the entire sector...
Published: 24/01/2013 14:07:53 | Read...
-
New capital rules imposed on British banks by the Financial Services Authority (FSA) are likely to have severe consequences for the UK commercial property sector...
Published: 23/01/2013 13:02:40 | Read...
-
Hotel occupancy in the US was down over the festive period, according to data from STR. The industry reported a 7.2 per cent fall, based on year-over-year comparisons...
Published: 23/01/2013 12:52:31 | Read...
-
More and more people are taking advantage of buy-to-let real estate investment opportunities in London, according to experts...
Published: 23/01/2013 12:44:25 | Read...
-
The eyes of the world are on Britain and the European Union (EU), as debate continues over a possible separation. While US president Barack Obama has publicly come out against such a move, the UK must begin to question the implications of such a cessation on the economy and the property market...
Published: 21/01/2013 14:46:57 | Read...
-
According to the latest Royal Institute of Chartered Surveyors' (RICS) housing market survey, confidence is returning to sector and will bring with it an increase in house sales...
Published: 21/01/2013 14:28:44 | Read...
-
London hotels are feeling the impact of the end of the summer's euphoria, according to the latest figures from HotStats. In November, declines were noted across all headline performance measures, with profit per room falling by 5.6 per cent...
Published: 17/01/2013 11:14:43 | Read...
-
London emerged as the star of the 2012 residential property market, achieving pleasing growth throughout the year. Liam Bailey, global head of Knight Frank Residential Research, explained that the capital had unsurprisingly differentiated itself from the rest of the UK...
Published: 17/01/2013 11:01:24 | Read...
-
Construction activity in London is moving out of the suburbs, according to a recent survey. The Drivers Jonas Deloitte London Residential Crane Survey, which monitors every active residential scheme of more than 50 units across Greater London, revealed that a higher proportion of construction is now taking place in the city centre...
Published: 15/01/2013 11:29:04 | Read...
-
As of April 2013 a business rate retention scheme is to be introduced nationwide, but there are those that question the impact it will have on commercial property beyond London. Currently, it is hoped that the arrangement will act as a direct link between business rates growth and the amount of money councils spend on local people and services...
Published: 14/01/2013 12:24:07 | Read...
-
According to research from PricewaterhouseCoopers (PwC), the sector experienced the largest room supply increase from new developments in the last decade this year...
Published: 07/01/2013 13:00:02 | Read...
-
House prices in the UK will increase modestly in 2013, according to new research from Jones Lang LaSalle. Across the UK, prices will rise by an average of one per cent...
Published: 07/01/2013 11:27:09 | Read...
-
The serviced apartment sector in London is prime for property investment and looks set to thrive into 2013. Occupancy rates have skyrocketed to 90 per cent, outstripping average overall occupancy rates...
Published: 03/01/2013 11:09:43 | Read...
-
Mayor of London Boris Johnson has announced a new deal for tenants and landlords in London's private rented sector. The market segment has witnessed much property investment in recent years and currently, one in four people in the capital live in private rented accommodation...
Published: 21/12/2012 12:00:22 | Read...
-
In recent years, London has been the subject of significant price growth, with values increasing by 24 per cent since 2009. Central London has witnessed an even greater price hike, with property prices skyrocketing by 47 per cent over the same period...
Published: 21/12/2012 11:51:33 | Read...
-
There looks set to be a move away from luxury property in the capital, following the December 11th announcement that the government's promised annual charge on UK residential properties over £2 million held in corporate structures will come into effect on April 1st 2013...
Published: 21/12/2012 11:42:55 | Read...
-
Regional cities are emerging as the true hotspots and Glasgow in particular is ready to be exploited. Currently, the area has a severe shortage of high quality student housing, despite its burgeoning University population...
Published: 18/12/2012 13:12:45 | Read...
-
An historic landmark in Liverpool may be about to be turned into a hotel, as part of a £16 million regeneration project...
Published: 18/12/2012 12:36:08 | Read...
-
Prime Minister David Cameron is going into battle today at the European Summit on banking union, with the House of Lords EU Committee urging him to do his utmost to ensure the UK isn't isolated.
Published: 18/12/2012 13:00:11 | Read...
-
The latest Israeli-Hamas conflict serves as a stark reminder of the on-going instability that continues to prevail in the Levant and surrounding area further to the Arab Spring uprisings last year: Neighbouring Syria continues to be blighted by a prolonged civil war, Lebanon with its ties to Hamas, struggles to contain dissent and Jordan is currently experiencing its own version of the Arab Spring.
Published: 27/11/2012 11:32:37 | Read...
-
Casting a glance across the Atlantic, we have chosen New York as the second such example of a primary city that continues to outperform its wider economy across all sectors. Contrary to expert expectation and as expressed by one US economist:
Published: 15/11/2012 16:19:41 | Read...
-
European Real Estate Opportunity & Private Fund Investing Forum * London, UK * October 22-23, 2012. Attendees, Brief and Recording.
Published: 15/11/2012 14:18:34 | Read...
-
It is said of the British that they are "a nation of aspirational homeowners". However, the British aspiration of homeownership is unlike the American dream of living and raising a family in a "Truman Show" style home with a white picket fence.
Published: 11/10/2012 16:13:44 | Read...
-
Simon Hughes, a Liberal Democrat MP, has proposed a motion that would allow local councils to introduce controls on second home ownership in London...
Published: 09/10/2012 11:23:25 | Read...
-
Most of you have most likely noticed the emerging gap between the world's top cities (the London's and New Yorks) and the rest of the regions in each respective country. At the start of the crash, prices in primary cities did not decline as much and have recovered much quicker than its counterparts...
Published: 24/09/2012 16:24:00 | Read...
-
Downturn can mean clever profit. When demand rises, investors need to identify the supply gaps in order to reap the rewards...
Published: 21/08/2012 12:23:48 | Read...
-
In my most recent article "Why This Downturn is Different", I discussed the likelihood of another downturn and the how some investments will actually benefit from such an event...
Published: 31/07/2012 12:22:53 | Read...