Finance
Why the Panama Papers’ legacy of tax avoidance began with Blair & Brown
Morality aside, who can blame the world's super-rich from heading to London and taking advantage of legal tax efficiencies, asks William Cash
House prices have risen by 47,000% during the Queen’s lifetime
To mark and show respect for Her Majesty the Queen's 90th birthday on 21st April, estate agency Jackson-Stops & Staff has worked out that house prices have risen by 47,000% during her lifetime.
Cogress raises £8m in 22 days
Alternative investment outfit Cogress has raised £8m in a mere 22 days after completing a £3.9m investment for a mixed-use scheme in north London.
London & New York compete for UAE HNWI private capital
Big-spending high net worth individuals (HNWIs) in the UAE currently see London as the top global destination for real estate investment, according to new findings from Cluttons and YouGov.
Ingenious Real Estate and Mount Audley team up for £50m JV
Ingenious Real Estate, the property arm of a firm that backs everything from BAFTA winners, blockbuster films and Teletubbies to solar farms, has teamed up with property developer Mount Audley to launch…
Chestertons lands Blackfish founder as new director of Resi Development
Chestertons has brought Robert Pearce on board to run its burgeoning Resi Development and Investment division.
Bank lending to UK property developers ‘collapses’
Bank lending to property developers has halved over the last couple of years and it's stopping firms from starting new projects.
Mortgage market ‘knocks it out of the park’ with biggest February since 2008
Gross mortgage lending reached £17.6bn in February, according to the latest from the Council of Mortgage Lenders; that's a 5% drop on January's £18.5bn but a chunky 30% above last February's £13.
Osborne extends SDLT surcharge and cracks down on offshore developers #Budget 2016
"We can choose to be a force for stability", said Chancellor George at the start of today's Budget speech, but four overhauls of the nation's finances within 12 months - two full Budgets, an extra Summer…
Clarity, Certainty & Predictability: A call for forward guidance on property taxes
The Treasury should take a leaf out of the Bank of England's playbook, says RICS' Jeremy Blackburn, and issue forward guidance on property tax policies.
Required Reading: The Mortgage Credit Directive
The Mortgage Credit Directive comes into force on March 21st. A brainchild of Brussels, the new legislation is designed to bring mortgage lending in line across the EU member states.
Number of single-family offices ‘has doubled’ since 2008
The number of single-family offices in the UK has more than doubled since the financial crash, according to new research.