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Found 15 results

  1. Connect UK Auctions have 10 lots going to Auction August 4th. See the mixture of Residential, Commercial and Land lots on their upcoming auctions page. In the market we find ourselves in many landlords are deciding now is a great time for selling at auction as property prices are predicted to drop further. They also offer a probate service for property. Sell today complete in 28 days.
  2. Hi, I've eyed a couple of properties up with AP Morgan Estate Agents in Stourbridge and seen a few sold boards but wondering if anyone has had any experience perhaps with other branches? As far as I can see their Stourbridge branch is fairly new so want to be sure they have a decent track record. Recomendations on other estate agents in and around Stourbridge are welcome. AP Morgan Estate Agents Stourbridge.
  3. Hope these new powers are used to investigate criminals who invest in UK homes. The Panama papers come to mind. Unexplained Wealth Orders are coming to UK Circular 003/2018: unexplained wealth orders
  4. https://www.bloomberg.com/graphics/property-prices/london/ Graphs below the map on price change and volume are interesting, although the article is not sensational.
  5. Swansea landlord bemoans rowdy tenants and says regulation is hurting the rental sector Read more at http://www.southwales-eveningpost.co.uk/swansea-landlord-bemoans-rowdy-tenants-and-says-there-is-too-much-regulation/story-30059335-detail/story.html#Ji5rAMKMU14sbzdT.99
  6. Looks like the FT are not the only ones to this were on the edge of small corrections price corrections (10%). Hopefully, the actions match the words. I used to be a home owner in Ruislip and bought a home in 2005 for £205k I recently saw a house for sale on the same street for £650k. It was a shock to me how much a three-bedroom terraced house is going for in London, especially when the salaries have been stagnant or dropping in some cases. I almost feel that an elite is trying to remove those who grew up in an area, to make way for richer cliental from abroad. http://uk.businessinsider.com/times-survey-londons-property-bubble-will-finally-burst-in-2017-2016-12
  7. https://www.arbing.co.uk/london-property-investment/ Came across this guys blog a while back, it was this post that probably stopped me buying a flat and calmed my nerves about feeling like the only way to live is to become a BLTer. Seeing just how little he was making as a return was quite eyeopening.
  8. Want to keep your million-dollar luxury pad in Vancouver empty? Get ready to pay C$10,000 ($7,450) annually in extra taxes. Lie about it? That’ll be C$10,000 a day in fines. Canada’s most-expensive property market, suffering from a near-zero supply of rental homes, announced the details of a new tax aimed at prodding absentee landlords into making their properties available for lease. The empty-home tax will take effect by Jan. 1 and will be calculated at 1 percent of the property’s assessed value, Vancouver Mayor Gregor Robertson told reporters at City Hall. http://www.bloomberg.com/news/articles/2016-11-09/vancouver-wields-c-10-000-a-day-fine-in-crackdown-on-empty-homes
  9. There is a radio programme on Fivelive each week with Gabby Logan about buying houses. I have never listened to it but I have had the misfortune to listen to the endless promos for it on BBC Fivelive. Has anyone else listened to the promos - they are all about rising house prices, not too late to buy, property can only go up. I find it pretty disgusting. That's all I wanted to say really. Got that off my chest.
  10. Received an invitation from a local EA inviting me to join a roundtable discussion entitled 'Lets talk property and Brexit'. Blurb..... In the wake of Britain’s decision to leave the EU, many of us are left wondering, “What will Brexit mean for me and my property or, indeed, properties?” While no one can answer this question with absolute certainty, we can take our concerns to the experts. Join the audience of our round table, with experts from the world of estate agency, lettings, finance and tax, and commercial property. We’ll explore the impact and opportunity for property – and what you should be considering – when Teresa May triggers Article 50 before the end of March 2017. Anyone here have any suggestions for questions for the panel?
  11. Hi, one conundrum for you guys. London HAS or HAS NOT a property bubble ?. After reading articles from both sides for the last 2 years in the London property market, here two examples: Business Insider: These charts show how London's property bubble may burst at any moment http://www.businessinsider.com.au/hsbc-london-house-price-and-earnings-charts-2015-12 Absolutely the opposite ... Will UK Interest Rate Rises Crash House Prices? http://www.marketoracle.co.uk/Article51903.html This just seems unsustainable but with an increasing immigration, house shortage, help-to-buy scheme with governments borrowing a lot of money, its just doesn't really looks it can't stop. But none of us can´t afford to buy in the next 5 years with headlines saying that prices could soar 50% in the next 10 years. Thanks Roger
  12. http://www.msn.com/en-gb/money/homes-propertysection/britains-property-market-is-going-to-implode-as-housing-nears-peak-affordability/ar-BBsgGgO?li=BBoPOOl&ocid=mailsignoutmd apologies if its been posted already. hohoho
  13. http://www.standard.co.uk/news/politics/housing-crisis-is-a-threat-to-londons-industry-business-leaders-warn-a3219171.html Housing crisis is a threat to London's industry, business leaders warn More than 50 business leaders today warned that London’s housing crisis is now so acute it threatens to damage the city’s “world-beating” technology and creative industries, as well as other key sectors. Advertising chief Sir Martin Sorrell, Canary Wharf Group boss Sir George Iacobescu, architect Sir Terry Farrell and lastminute.com co-founder Baroness Lane-Fox are among signatories of a letter to the Evening Standard sounding the alarm over sky-high property prices and rents. “The housing crisis in London is a major problem for business,” they write. “If not addressed, whole sectors, including our world-beating technology sector and creative industries, will struggle to recruit and retain staff and find themselves losing out to international competitors. “Resolving the issue is now urgent, so that we can protect the creativity, innovation and energy which drive London’s business community.” Other bosses to sign include John Lewis’ productivity director Andrew Murphy; Robert Elliott, chairman of law firm Linklaters; Kathryn Nichols, chief executive of management consultancy The Nichols Group; Heathrow boss John Holland-Kaye; and British Land chief executive Chris Grigg. Baroness Lane-Fox said: “It’s vital for London to offer homes to the creative, tech and entrepreneurial talent we rely on to keep our city diverse and thriving.” Sir George Iacobescu said: “London is a magnet for talented workers but its success means the incoming mayor must fix the housing shortage.” Molly Jackson, deputy chief executive of the Southbank Centre, said: “Without sufficient affordable housing or access to proper studio space many workers in the creative industries will be forced to move elsewhere. “This is a huge concern as London’s cultural institutions, aside from enriching our quality of life, are vital to its economy — drawing millions of tourists each year as well as international businesses.” Mr Elliott said: “The shortage of housing is a real issue for workers in the capital and a growing problem for employers wanting to attract the best talent. If not resolved, I feel it will progressively affect London’s competitiveness.” The letter was compiled by business group London First, which also released a report for the Fifty Thousand Homes campaign warning of “extreme housing pressure” in the city. The report warns that over the next decade the housing crisis will increasingly hit workers in the “flat-white economy” such as creative media, advertising, market research and software development. The study by the Centre for Economics and Business Research forecasts a range of scenarios, including one of a year when a typical worker aged 22 to 29 would have to spend at least 60 per cent of net income on rent for an inner London studio flat. Such expenditure would force many people to flat-share. For a large group of employees, including nurses, this is already the case. However, the study says this would extend to many young staff in scientific research and development by 2018, teaching and the property business by 2019, telecommunications by 2021 then architecture and engineering by 2023. In 2024 young staff in computer programming and broadcasting would be affected, followed by those in advertising and market research in 2025 then publishing and information in 2027. If the current housing market trend continues, by 2040 only young financial sector employees would be able to rent an inner London studio flat without coming under such “extreme housing pressure”. A one-bedroom inner London flat is already unaffordable to all young professionals apart from those in about half a dozen sectors including City workers, insurance and pension fund employees, doctors and management consultants. The study also warned that by 2025 individuals in London’s “up and coming” sectors, particularly hi-tech and creative industries, face having to save for more than a decade to get together 10 per cent for a deposit on a first-time home in the capital. The Fifty Thousand Homes campaign is urging the next mayor to pledge to build at least 50,000 homes annually in London. It's front page, funny coming from a paper that ramps property through it's Homes and Property section and makes huge reveneus from builders advertsing their overpriced rabbit huts.
  14. http://www.homesandproperty.co.uk/luxury/celebrity-homes/ricky-gervais-drops-price-of-his-hampstead-home-a99076.html Ricky Gervais has dropped the asking price for his Hampstead home by £700,000 - but has already moved into a £10.5 million mansion nearby. Ricky Gervais has reduced the asking price for his home in Hampstead. The four-bedroom Victorian detached house was originally listed for sale at £7.7 million last September. However, it is now on Goldschmidt and Howland’s books for £6,999,000. With a generous 5,263sq ft, there’s plenty of party space and an outdoor terrace. British comedy actor, director, and writer Gervais, who has hosted America’s Golden Globe Awards four times, turned the lower level of the house into a spa area with an ozone swimming pool, gym and a golf drive. But after living there for nearly 10 years and completing renovations, the Extras star decided to start a new chapter. He recently moved into a £10.5 million mansion nearby with his long-time partner, the best-selling author Jane Fallon.
  15. Full article: http://news.nationalpost.com/news/canada/u-s-short-sellers-betting-on-canadian-housing-crash-an-accident-waiting-to-happen
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