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.
Last week we registered to bid at an auction; cleared all the anti money laundering requirements, signed the terms and paid the deposit. Very different to a decade ago when you could rock up in a cab, wave your umbrella, and even pay the deposit...
The recent rate rise, from 3.5% to 4%, has prompted many to now opt for a longer term fixed rate. My perception is that this was never a temporary blip, the economy simply settling down; I think rates will rise and continue to rise, therefore...
As time has gone on there has been an agenda to wipe out cash from the system; this has been so it, and we, can be controlled. As a consequence of this so much is now transacted online and cybercrime is rapidly on the rise. Online no cars, arms,...
The art world has a reputation of being under handed. There is no regulation in this market, the price of a picture is not even quoted.
There’s a very interesting property which has come across our radar; interesting not from the view of architecture or aesthetics, but from a profit angle. It seems to tick all the boxes, almost in a formulaic manner. It generates income whilst...
Property prices are still very buoyant. Auctions in general are achieving well above guide prices. The interest rates have recently dipped slightly, a five year fixed can be obtained for just under 5%. This is actually a reasonable rate. ...
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...
