Finance
“Utterly nuts” to slam door on foreign investors – BoJo
Mayor of London Boris Johnson has thrown his weight behind the capital's foreign buyers, warning luminaries at last night's Mansion House London Government Dinner that we'd be "utterly nuts" to "slam the…
Record £127.5m super-bridge loan for Northacre’s Palace St scheme
Christian Candy’s short-term finance house Omni Capital has just sorted out what's thought to be the biggest ever bridging loan by a UK lender: £127.
20% of UHNW wealth is in property as private money sculpts world real estate markets
The richest 0.003% of the world population (200,000 people) - owns 3% of the world's total real estate value (worth around US$ 5.
Long-term annual price growth in Prime Central London stands at 9%
The average property price in prime central London breached £1.5m in 2013, hitting £1,543,102 at the end of November after "robust" but "unremarkable" annual growth of 12.
Objects of Desire #2: Trophy property and the headless investment
The heart over-rules the head for many buyers of 'Billionaire Property' says Stephen Rees, Head of Real Estate Advisory at Coutts, in the second part of the bank's Objects of Desire report into passion…
Objects of Desire #1: The driving forces behind passion investments
In the first part of Coutts' new Objects of Desire Index - which charts the returns on "passion investments" from trophy homes and classic cars to jewels and wine - Mohammad Kamal Syed, Head of Strategic…
Passion investments motor ahead, returning 77% since 2005
"Passion investments" - cars, jewels, trophy homes and the like - have out-performed shares since 2005 by quite the margin, delivering average returns of 77% according to Coutts' new Objects of Desire…
London tops foreign investment hotlist
London has pipped New York to be named as the world's top city for foreign estate investment opportunity, according to a survey by the Association of Foreign Investors in Real Estate.
Montello launches £250m UK property fund with CBRE
Bridging finance specialist Montello has scored "a real coup" by teaming up with CBRE for its latest real estate fund, which will dabble in short-term lending deals as well as getting involved in development…
Plucking the Golden Goose: The pain, gain, and unintended consequences of property taxes
Mansion, Capital Gains, Stamp Duty & Land, Residency...
Mortgage lending jumps by 30%, but still “a far cry” from 2007 levels
There was an estimated £17 billion of gross mortgage lending in November, according to the Council of Mortgage Lenders. This was 4% lower than October's figure of £17.
Capital’s capital growth doubles to 12.6% in 2013 – Cluttons
After capital value growth of +3% in 2013's final quarter, taking the annual rise to +12.6%, the average property in prime central London is now worth £1.