Rat and Mouse
Thu
11
Sep

With both the Liberal Democrats and Labour likely to go into the next General Election with a mansion tax policy, Savills agents - high-end London agents likely to be affected by any major tax implications to expensive London properties - suggest an alternative: Make council tax fair by introducing new bands with minimum charges

Technorati Tags: ,

"There are signs that the London market is gradually moving onto a more sustainable footing with a modest increase in the number of instructions coming through slowly helping to create a better balance with demand, and in the process, taking the edge off price gains."

That’s RICS chief Simon Rubinsohn on the latest house price survey which shows (mildly) less agent confidence in increasing house prices both in London and nationally, where interest rate uncertainty is said to be having a cooling effect.

Technorati Tags: ,

Wed
10
Sep

A Royal Photographic Society London project aiming to shoot every London street by the end of October. You’re invited to contribute. More here.

[via Londonist]

Technorati Tags: ,

How many other industries does the Treasury specifically try to make it harder for small businesses to raise finance? Which other group of entrepreneurs gets targeted for price controls, or anti-tax avoidance campaigns?

And - I kid you not...

By comparison, even the cocaine industry gets let off fairly lightly.

(Which immediately draws landlords closer to drug dealers in the minds of many readers, possibly not what the writer was aiming for.)

While the Rat and Mouse is by no means anti-landlords, some of the statements in this piece make us blush. And the failure to at least acknowledge the argument of a link between low-interest loans to landlords (to invest in starter homes) and the would-be first-time buyers priced out of the market is either wilful or just daft. The Telegraph’s approach to property is normally more sophisticated.

Technorati Tags: ,

Tue
09
Sep

20140909landau

The China Post points the spotlight on Principal Tower in Shoreditch and The Landau (CGI, pictured) in Fulham. There’s definitely no risk of a bubble, they say. However, at home...

Technorati Tags: ,

20140909hbos

Not a whole lot of obvious change in the trends - property prices up 9.7% on the year, 3% quarterly, 0.1% monthly. But accompanying comment points to an increase in supply, of both new and “second-hand” homes. More here.

Technorati Tags: ,

Mon
08
Sep

Lisa Faulkner on her Barnet home [Daily Telegraph]
A “yes” vote and its implications for Scottish borrowers [Sunday Telegraph]
London’s smallest flat? [Evening Standard]
Vanessa Warwick on Property Tribes (audio) [Landlord Law Blog]
Graham Norwood on regulation [Estate Agent Today] 

The Rat and Mouse - it’s about your house

Technorati Tags: ,

Fri
05
Sep

An interesting piece in the Telegraph claims English buyers investing in high-value Edinburgh properties or Scottish holiday homes are favouring a clause allowing them to pull out of the deal in the case of a yes vote. More here.

Technorati Tags: ,

Thu
04
Sep

For sale: The King's Speech house [Daily Telegraph]
Could Kim Kardashian be considering a London move? [Daily Mirror]
Stamp Duty and fiscal creep… debated to in the Commons [Estate Agent Today]
Woolwich Central wins Carbuncle Cup [bdonline.co.uk]
Harringay’s skinniest house [Independent]

The Rat and Mouse - it’s about your house 

Technorati Tags: ,

Wed
03
Sep

From January, agents hoping to erect a To Let board in four important residential areas of the city will need to apply for planning permission first, or face a fine. The National Landlord Association doesn’t sound impressed, and - no doubt - fears other local authorities might be encouraged to follow suit. Story here.

Technorati Tags: ,

Tue
02
Sep

Echofon 5

20140902butt2 2

20140902butts 2

I don’t know. There are so few compared to years ago I rarely notice them. And don’t they eventually decompose naturally? Whereas chewing gum...

Technorati Tags: ,

Mon
01
Sep

According to the woman in question, her childcare arrangements fell through, and so she brought her daughter into work. The end result? An apparently pre-teen girl, duster in hand, cleaning the Hampstead branch of Foxtons in the small hours, photographed by the Foxtons-haters of London and plastered across London’s papers, accompanied by child-labour headlines. Ouch. 

Technorati Tags: ,

Fri
29
Aug

The Today programme’s make a big noise about this morning’s Nationwide figures.

20140829nationwide 2

Certainly, a 0.8% monthly rise was more than expected, but is it really a “surge”? Annual inflation is still below the record recorded in June. Accompanying comment is unhysterical, pointing to a 20% fall in mortgage approvals in the first five months of the year and reports of dwindling new buyer enquiries. The annual rate of inflation rose by 0.4%. (Get your own copy of the Nationwide report here.)

Meanwhile, new data released by Hometrack this morning (which is getting less coverage) shows a 0.1% national increase across the month, with London prices entirely stagnant. 

Technorati Tags: ,

Thu
28
Aug

20140828stanhope 2

… and it’s sold for £600,000, despite agents Hamptons describing it as “uninhabitable". It’s a basement flat in South Kensington’s Stanhope Gardens, and therein must lie the logic. But with so much work, and the added complications of its Grade II listing, the new owner (undisclosed) will have to get a move on if they’re to recoup anything before London prices potentially waver. More here.

Technorati Tags: ,

Wed
27
Aug

20140827foxtons 2

Celebrating a 57% rise in pre-tax profits for the first six months of the year, the company announces a £12.8m special dividend to shareholders… who themselves celebrated by selling Foxtons shared, which dipped 5%. The reasoning? As well as celebrating their success, Foxtons also warned of an expected slowdown in the second half of the year, caused by Government measures to control lending and fears of interest rate rises. Whether these are the real causes of a London slowdown or whether it’s a case of the market simply running out of steam is, however, up for debate.

Technorati Tags: ,

Tue
26
Aug

According to data from the Sequence group of estate agents new properties are being added to London agents’ books at a rate three times the national average. Property registrations rose by 25% year-on-year, while new buyer registrations increased by only 7%. Interestingly, the trend is almost exactly reversed when looking at national figures… 21% new buyer registrations, 7% new properties. It’s too early to predict a bubble. A pausing for breath in London was always inevitable (and welcome). It might also be unwise to predict action shifting to the regions. With the Bank of England continuing to give mixed and confusing messages regarding the immediate future of interest rates, recent polls show borrowers concerned and attentive.

Technorati Tags: ,

 

 


POSTCODES
THANKS TO
ENTRIES BY MONTH
ABOUT
UK PROPERTY RESOURCES
US / INTERNATIONAL PROPERTY BLOGS
LONDON BLOGS
CREDITS
Publisher Editor Technical and Design Hosting Software