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.
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...
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. ...
