Wolf of Wimbledon's unfinished mansion to go on sale
He’s the Australian boiler room scam artist with properties all over Wimbledon… but the barely-begun super-mansion was to be the jewel in the crown. Now - with Jeffrey Revell-Reade serving time in...
View ArticleCEBR predicts house price slum to accompany Brexit
Rocketing inflation, rising unemployment and slowing business investment accompanying a “hard Brexit” are identified as major risks to the UK’s property market, according to a new report by the Centre...
View ArticleHomeowners happier than renters
Fewer than half UK renters are happy with their situation compared with 80% of home owner while in the rest of Europe it is 57% and 77%, according to the survey by Dutch bank ING. The report looks at...
View ArticleFriday morning linkage - where are all the estate agents going?
Estate agent numbers shrinking [Property Industry Eye]London market will be slowest to recover from Brexit [City AM]Build-to-rent threatened by Khan’s discount flats plan [PropertyWeek]The UK’s most...
View ArticleMonday morning linkage - Jemima Khan's super-mews on the market
M25 commuter belt properties rise 551% in 30 years [Homes & Property]Exactly how tough is it for “Generation Rent”? [Daily Telegraph]For sale: Jemima Khan’s £8m west London mews [Mail on Sunday]...
View ArticlePeople are borrowing, banks are lending
New Bank of England figures show a mixed bag of mortgage lending data, but the headlines are that after two months of falls, new loans and remortgages were both up on the month in September. Annually,...
View ArticlePrefabs to sprout?
Hopefully not, according to Simon Jenkins, in an entertaining piece for the Evening Standard. After misleadingly comparing the modern prefab with the, literally, Jerry-built bungalows of old, he goes...
View ArticleLondon rents on the rise again
Nationally, annual rental inflation was unchanged at 2.3% in September, according to the ONS, but in London the figures shifted back into the black for the first time in seven months, with a lift of...
View ArticleHouse price inflation slowing, but P/E ratio at record high
The average home costs six times the average salary, according to the latest figures from Nationwide, after three years in which house prices have risen 20% but wages just 6%. The last time the P/E...
View ArticleRobbie Williams calls in exorcist to rid house of Michael Winner's spirit
You what? He bought Winner’s £17.5m Holland Park mansion in 2014 but - according to this - his missis is having a few issues with redecoration, as she feels she’s being watched over and her decisions...
View ArticleMonday morning linkage - Americans planning to flee to UK after Trump victory?
Americans look to UK property in case of Trump victory [Property Industry Eye]New York more affordable than London [CityAM]Savills predict rents will rise fast than prices in the next five years [BBC]...
View ArticleCheers, clapping, whooping and backslapping
It sounds like the Negotiator Awards were a noisy affair this year, with some controversy around the nature of the noise itself. Reports, here, of booing when the HouseSimple picked up the “Online...
View ArticleMarket report - HBOS report unexpected pick-up
Not exactly “a surge”, but a surprising 1.4% rise in October, when economists were predicting something like 0.2%. The three-month-to-three-month period showed an annual rise of 5.2%, again higher than...
View ArticleThursday morning linkage - could US voters have just saved the London market?
Simon Cowell’s period as estate agent “most miserable” time of his life [Property Industry Eye]New London luxury property glut [Bloomberg]But could American voters have just saved the London market?...
View ArticleFirst ever "Mars show home" revealed
Martian bricks, recycled spacecraft parts for that eco-credibility and a double air-locked entrance to keep out the chill, situated in the sought-after Valles Marineris on the Martian equator. The show...
View ArticleMonday morning linkage - going for gold, but not like Trump
What if taxi drivers were treated like landlords…? [Property118]YourMove index sees London’s annual rate of growth crash [CityAM]39,723 tenant households evicted in last 12 months [24Housing]Mesut Ozil...
View ArticleHSBC asks, why are rent rises slowing?
HSBC takes a different view to Your Move on rent rises, pinning current annual growth at well under 1.5% and charting a dramatic fall since the beginning of the year. The question - asked here - is...
View ArticleMarket report - annual growth slows
The ONS’s property price data for July are out and they show average prices up 8.3% on the year (down from 9.7% the previous month). Wage growth for the same period was just 2.4%. In London, prices...
View ArticleCan beer predict the next house price hotspot?
Online agents EasyProperty claim to have identified a relationship between craft breweries and resilient house prices in the capital. The theory is… when a craft brewery appears, usually in a light...
View ArticleFriday morning linkage - Foxtons, dropping by to make you feel better
Experts predict shift to more “professional” private rented sector [Property Industry Eye]CML: mortgage borrowing down in July [The Week]Avoiding marriage to avoid the Stamp Duty surcharge [The...
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