December 2018 Archive

Friday, December 28, 2018

Prime Central London has been crashing for nearly FIVE years, but this HPC site has almost died

Financial Times: Regent’s Park buyers take fright at London downturn

[...] prices in the area have been declining: in the past four years, prime prices have fallen 9.3 per cent, according to Savills’ prime London index. In the year to June, they dropped 5 per cent. [...] Normally HPC site goes quite just before the market tops. All the bears capitulate. Not this time! They've been quiet through this slow-motion crash. Why...? Gone to Twitter??

Posted by sneaker @ 06:17 PM 17 Comments

Monday, December 17, 2018

Keep the Plates Spinning

Mortgage Solutions: NatWest to offer L&G lifetime mortgages to interest-only customers

So this is what happens when you reach the end of your IO loan with no payment vehicle. I suppose that renting from the bank is more secure than renting from an unknown stranger and you cut out the yield off the top too. Perhaps they weren't such a bad idea after all!

Posted by crash bandicoot @ 01:17 PM 4 Comments

It's only asking prices

The Guardian: Housing market: average UK asking price dips £10,000

Normal fare really. Price falls in London ripple out. It's nice not to see the usual "fundamentals remain strong" for a change though.

Posted by crash bandicoot @ 12:40 PM 7 Comments

Sunday, December 16, 2018

Devaluation under Carney

Zerohedge: Bank of England Sterling manipulation

Nice factual summary of the ongoing devaluation of the pound under Carney, I had almost forgotten about dropping interest rates after the Brexit vote.

Posted by stillthinking @ 12:49 AM 0 Comments

Wednesday, December 12, 2018

Judith Wilson fined £25,000 over lack of hot water for disabled tenant

Guardian: Landlord fined £25,000 over lack of hot water for disabled tenant

The wife of Britain’s most controversial buy-to-let landlord, Fergus Wilson, has been ordered to pay £25,000 in fines and legal costs after a court ruled that she had failed to supply hot water to a disabled tenant.

Posted by landofconfusion @ 09:56 PM 4 Comments

Friday, December 7, 2018

Other side of the coin

Evening Standard: Japan gives away vacant homes in bid to tackle country's unique housing crisis

It is almost as if, the value of property is set entirely by availability.

Posted by stillthinking @ 12:33 AM 19 Comments

Main Blog | Archive | Add Article | Blog Policies