- 23 Nov 2022
We just closed a small deal in W2. The property is a studio in Bayswater, with a short lease.
A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn
Interesting times. Currently, we are being fed information regarding something we cannot see or have a grip off. Therefore, we are lapping up all we are fed. Even the official narrative does not make sense, even within its own narrative.
We just closed a small deal in W2. The property is a studio in Bayswater, with a short lease.
There was a lot in a recent auction guided for about £350K, in North West London. From previous experience, when a property in a highly concentrated Indian location comes up, with a dangling carrot of a low guide price and it too at beginning...
I went to see a building in a gentrified area of North London. An often heard story, the sellers are owner occupiers who have been based in the same location for the last 40 years; and now they wish to sell and move to the countryside and enjoy...
I went to see a property last week, in a prime part of East London. It consists of a shop and uppers. The beauty of this property is it is generating income from both the commercial and the residential. The commercial tenant has only a couple...
We currently have a client whose project has planning for three flats on the ground floor of a two storey building; this was obtained using the permitted development rules. Work has not started as there is a bigger agenda to this development. ...
We are currently exploring a deal which has the potential for a buy and resell. It consists of a freehold block of flats. The property was made to hold within the family, not to resell back on. From the photos, the construction looks extremely...
Interesting times in the financing world. Many lenders pulled their fixed rates overnight, leaving purchasers with only the option of a variable rate. The reason for choosing fixed rates is to insulate the borrower from future price rises. ...
Recently, I was asked by a client where he should place £700K, which he has in a bank, earning a rate of 3.9%.
An interesting segment to look at when digging for deals is the unsold section of the auctions. This is where a property has been through the auction process and has not sold. Often auctioneers, especially so the bigger ones, prior to taking...
We are about to, hopefully, complete on a financing deal which we have been trying to get over the line for the best part of a year. The property is a mixed use freehold, currently. A now extremely low rate of 4.34% fixed for 5 years had been...