by Necco | Mar 20, 2015 | news, Uncategorized
It’s not the foreignness of global capital flowing into the capital’s property market that is the problem but the uses to which it’s being put It’s become received wisdom that wealthy foreigners are to blame for the unaffordability of homes in London. You know how the... by Necco | Mar 20, 2015 | news, Uncategorized
Institutional investors are now locked out of London’s residential sector, according to the Investment Property Databank (IPD)’s annual index. The wider UK sector, which last year produced a total 13.5% return, is at a crossroads, delegates heard at MSCI’s... by Necco | Mar 13, 2015 | news, Uncategorized
London house prices stalled in December, dipping 1.1 per cent on the month, LSL Property Services said today. The fall does not unwind all of the gains of the boom-period, as prices are still up 13.9 per cent on the year to stand at an average of £576,093. Kensington... by Necco | Mar 13, 2015 | news, Uncategorized
The figures Upmarket estate agent Foxtons had a topsy-turvy year in 2014, with the gradual slowing in London house price growth dragging down its share price. Earlier in the year when prices were still rising fast the skies were only blue. Chief executive Nic Budden... by Necco | Mar 13, 2015 | news, Uncategorized
The UK housing market divided sharply last month with London the only region where surveyors reported falling prices. As a fall in the number of houses coming on to the market pushed prices up across the rest of the country, the capital experienced declines for the... by Necco | Mar 6, 2015 | news, Uncategorized
London is home to 4,363 ultra-high net worth individuals. But other cities are attracting wealthy homebuyers at a quicker rate than the UK capital New York is poised to steal London’s crown as the most important city for the worlds super rich, according to a new...