by Necco | Jan 25, 2017 | news
Less ‘vanilla’ bridging and more development/conversions In the past 12 weeks, we have noticed a trend of a drop-off in bridging enquiries and a sharp increase in development enquiries. We think the main reason for that has been: • A reduction in appetite for risk... by Necco | Jan 25, 2017 | news
Commercial property has had a torrid time since the Brexit vote on 23 June last year. It was one of the first sectors affected and one of the hardest hit. Share prices fell the day after the referendum, as investors anticipated that the UK’s departure from the... by Necco | Jan 25, 2017 | news
Analysts at Jefferies have downgraded a number of the UK’s biggest property firms, saying the markets is “overly dependent” on foreign capital. In a note issued today, analyst Mike Prew said companies such as Derwent London, Hammerson and Great Portland Estates were... by Necco | Jan 18, 2017 | news
With high taxes, Brexit jitters, and the “don’t move improve” craze still going strong, London’s homeowners are starting to boycott the capital’s troubled sales market – leading to a record drop in the number of homes on offer in the capital. The number of... by Necco | Jan 18, 2017 | news
Rising demand and an increase in supply combined to result in a very strong year for the commercial auction market, with many auctioneers having their best sales totals for a decade. In 2016, sales across all the commercial auctioneers totalled £1.17bn, according to...