London landlord sued for tenant's spicy cooking
A Wandsworth woman is taking Viridian Housing to court in an attempt to stop one of their tenants cooking spicy food. She’s complained the “pungent toxic fumes” are so strong in her own flat that she’s...
View ArticleTuesday morning linkage - New York agents and Facebook Live
New York agents adopt Facebook Live and Snapchat [Curbed]Major UK agents’ capitalisations halved in a year [Property Industry Eye]Brexit hits land values [Independent] The Rat and Mouse - it’s about...
View ArticleTop lies told by your flatmates
A survey by flatshare marketplace weroom claims to reveal the top lies flatmates tell flatmates. Perhaps surprisingly (and innocently) the very first is the excuse to get out of attending a party,...
View ArticleSerious profits slump for Foxtons
The Brexit vote gets the blame for a dramatic fall in pre-tax profits in the first half of the year, from £18.1m in 2015 to £10.5m. The evidence? At the heart of the problem, sales revenue in the...
View ArticleMarket report - surprise house price gains in July according to Nationwide
An average 0.5% rise in the month, compared to 0.2% the month before, leaving the annual pace of house price inflation up 0.1% at 5.2%. Accompanying comment, however, warns that its data comes at an...
View ArticleMonday morning linkage - record inheritance tax take
London’s best mews [Savills]Record inheritance tax take driven by London/South East house price gains [This Is Money]RICS urges caution re. post-Brexit valuations [Property Industry Eye]Countrywide’s...
View ArticleHomeownership at 30 year low
Research by The Resolution Foundation finds levels of home ownership plummeting since a 71% peak in 2003, with Manchester leading the fall. Current levels were last seen in 1986. The UK figure now...
View ArticleLondon planning approvals for new homes up quarter-on-quarter
… up 46% between Q1 and Q2, and the rate of approval to application was 76%, according to data from agents Stirling Ackroyd. Year-on-year, however, the data’s not so thrilling, falling 22%. More...
View ArticleInterest rate watch
With - for a second time this summer - all eyes on the MPC and the expectation of an interest rate cut announcement today, the Independent asks what are the benefits. Few, appears to be the answer....
View ArticleInterest rate cut confirmed
And there we have it… widely predicted but still an astonishing thing to contemplate. The base rate is now 0.25%, quantitive easing has been boosted by £60bn and the Bank has slashed next year's growth...
View ArticleFriday morning linkage - blowjob cafe
Knightsbridge values down 7.3% on the year, in post-Brexit collapse [The Week]Blowjob cafe… an unlikely addition to London’s list of attractions [Elite Daily]New UK copyright rules mean end to popular...
View ArticleMonday morning linkage - almighty cock-up leaves flat owners owning each...
Fifteen flat owners in block are holding deeds to the wrong apartments [Property Industry Eye]Market report… prices slip in July [BBC]Conveyancers call for stamp duty to be scrapped [Property Industry...
View ArticleA thank you
… to Scottish property investment specialists Cairn, for topping their "properly blogs to follow” list with the Rat and Mouse. To see the rest, go here. To read Cairn’s own blog, go here. Technorati...
View ArticleRemovals firm survey shows dramatic loss of confidence post Brexit vote
The survey, by Bishop’s Move, shows more than half of prospective movers are anxious to be out of or into their new homes before Article 50 is triggered (suggesting a dramatic slowdown in store in the...
View ArticleThe Rat's taking a break
A short breather, back on the 22nd. But message me on Twitter if it matters. x Technorati Tags: property, real estate...
View ArticleMonday morning linkage - we're back, we're tanned, we're linking
Are private landlords “lining their pockets” with housing benefit cash, or providing tenants poorly served by affordable housing with homes? [Property Industry Eye]Countrywide predicts 1% fall in...
View ArticleDemand drops by a third, year-on-year
The data comes from the NAEA, and reveals demand for domestic property at its lowest level since November 2013 and down 35% since July 2015. The number of properties sold at discount increased between...
View ArticleMaking millions in Kensington & Chelsea, by doing nothing
The Mirror looks at Land Registry data to illustrate just how rich you can get by… being rich. There’s the Hillgate Place property worth £790k in 2001 which sold for £2.85m in 2014. And the Ansdell...
View ArticleMarket report - ONS latest on lettings market
Rents increased in all English regions, up 2.6% on the year in England, 2.4% in the UK, led by 3.5% in the south east. Get the full release here. Technorati Tags: property, real estate...
View ArticleFriday morning linkage - how likely a post-Brexit house price crash?
House price momentum shifts to the north [Daily Telegraph]How likely a Brexit-induced house price crash? [Guardian]The mystery of One Hyde Park [IBTimes]Being an estate agent… no degree necessary, but...
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