Rat and Mouse
Fri
22
Aug

Confirmation of plans to move into a former post office have angered residents to the extent they’re demanding new planning rules to keep them out. The office - which Foxtons claims would be a cafe-style agency and so, I don’t know, not so bad? - would be the 30th agency to open in the neighbourhood. Leading the complaints… a local vicar who’s church is currently housing the post office services priced off the high street. More here.

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Thu
21
Aug

Apparently, picking up modest but multiple bolt holes in useful, easily-reached locations at home and abroad. It spreads the risk, avoids the holiday-home-millstone that drags you back to the same location for your annual holiday and it’s better than cash mouldering in a bank. It’s a decent read, in today’s Telegraph, but it’s a real shame about the headline, which has already garnered a little flack in the comments (and that’s from a Telegraph reader). 

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Wed
20
Aug

Those ONS figures… UK house prices up 10.2% June to June, 10.7% if you stick to England and 19.3% of you drill down on London. On the month, nationally, it’s a 0.5% increase. Valuable though the index is, the price you pay for that is a delay in publication. Most of the recent house price headlines have been about the apparent slowdown taking place since June. But if you want more details, tables etc, go here.

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Tue
19
Aug

20140819sweep

A fun piece in today’s Telegraph picks five professions profiting from the property boom the other papers are debating might be over. They are… estate agents (well that’s obvious… or is it? Agents profit from transaction levels not property prices...), chimney sweeps (what?), bricklaying, pipe manufacturing (don’t forget to factor in the glamour) and renovations. It’s worth a look. Some of the figures might surprise you. 

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Mon
18
Aug

A lovely holiday, thank you… Tuscany, wine and truffle country.

Let’s start off with a little linkage...

Brickfields, proving luxury and eco aren’t mutually exclusive [The Ecologist]
Expecting London prices to fall in the fall [CNBC]
Asking prices dip [Sunday Telegraph]
Britain’s friendliest places to live [Daily Telegraph]

The Rat and Mouse - London’s property blog, since 2005

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Fri
01
Aug

20140801back soon 2That’s right, there comes a time when even the Rat must rest. And this rat’s resting from Monday August 4 until Monday August 18. Hope the sun shines for you. Thanks for reading. And see you soon. x

Not according to the Centre for Economics and Business Research, which predicts a second surge in London house prices pushing the average price up 63% over the next six years. More here.

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According to Nationwide, the average UK property is up just 0.1% on the month (expectations had been of half a percent). But before we all start panicking, lets take a moment to have a look at the London market and take stock. It’s up 25.8% on the year, 7.6% in the last quarter alone. More here.

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Thu
31
Jul

20140731olivier 2

It apparently failed to sell at auction on Tuesday night is now on the market with a guide price of £7.5m. There had apparently been a final bid of £6.9m. Interesting, because according to this, the property changed hands for £1.4m earlier this year.

Olivier bought the house in 1937, as a hideaway for him to share with his lover Vivien Leigh. They christened the property “Durham Cottage”. It’s overgrown and largely unmodernised. Which is arguably its charm. More here. particulars here.

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Starts in the second quarter are down 19% on the year, after the president introduced rent caps and made the process of selling properties more complex. The slump in construction is said to be significantly harming France’s economy. More here.

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Wed
30
Jul

A fascinating piece in Gizmodo reveals how the Chinese capacity to produce fakes extends way beyond Apple and Rolex. How about… Paris, for instance? Complete with fake Eiffel Tower and Arc de Triomphe. Read it here.

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Low neighbourhood crime? Transport? Good schools? 

A great mobile phone signal.

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This one, in Devon, was built with railway sleepers, lorry tyres and scrap metal, by a couple of Londoners fleeing the capital. It wasn’t built with planning permission. After neighbours complained, the local council ruled to have it removed. In an appeal, however, planners praised the couple for their passion and a build that “sits very comfortably” with National Planning Policy rules on sustainability. Lovely.

But it’s hard not to feel bad for the couple who built this rather beautiful house, in Pembrokeshire. It’s built with local wood and straw bales rendered in lime, by a local couple priced out of their own neighbourhood. According to the local council “it represents an unsustainable form of development”, and will have to be removed. An appeal hasn’t helped. Unfathomable. 

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Tue
29
Jul

Carney’s desperate to start raising interest rates by the end of the year, but can he - asks Bloomberg - if house prices have started to falter? Growth is already likely to be affected, goes the argument, by the sudden feel-bad factor of falling house prices. Add rising costs of borrowing, and the pressure to growth might just be too much. More here.

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Mon
28
Jul

London rents reach double national average [Independent]
Shipping container chic [Modesto Bee]
So greedy it's spooky… ghost gazumping [BBC]
Brits love their kitchen gadgets [Sunday Telegraph]
Fast Eddie to sell 33 Portland Place [Sunday Telegraph]

The Rat and Mouse - London’s property blog, since 2005 

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Fri
25
Jul

It’s Hometrack this morning, with a notional rise of 0.1% in July nationally, but fewer than a quarter of postcodes registering rises at all. Time on the market is falling everywhere except in London and the South East (which is significant as it tends to lead the market), rising in the capital from a March low of 2.7 weeks to 4.3 weeks (still below the national average of six weeks). Get the full report here.

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