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50,000 London Pensioners Are Property Millionaires!

More than 50,000 over-65s in London live in properties worth more than £1m - giving them a combined property wealth of almost £130bn. New research has found that all but two London boroughs are home to pensioners in million-pound houses - and that almost £70bn of pensioners' property wealth is concentrated in just 13 square miles across two West London boroughs. Short Term Loans While young Londoners spend tens of thousands on rent  before they can afford to buy a house, pensioners hold [...]

By |2021-11-13T09:31:53+00:00August 4, 2016|Blog, Finance News, mycrousal, News|0 Comments
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House price boost for homeowners in Olympic boroughs like Hackney, Greenwich, and Tower Hamlets

Homeowners in the six Olympic and Paralympic boroughs have enjoyed a legacy of faster rising property prices in the four years since the Games, a report claims today. Major investment and regeneration in Hackney, Newham, Barking and Dagenham, Greenwich, Tower Hamlets and Waltham Forest has helped push prices up by 64 per cent on average since the Opening Ceremony in July 2012. This is 11.2 per cent more than the London average of 52.8 per cent, according to research from [...]

By |2021-11-13T09:32:00+00:00August 1, 2016|Blog, Finance News, mycrousal, News|0 Comments
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CEBR Issues Positive Report on UK Property Market

The economic think tank the Centre for Economics and Business Research (CEBR) has issued a very positive report on prospects for the UK property market. Despite the doom and gloom being peddled by some experts it seems that all is not lost for the UK property market in light of the Brexit vote. So, what can we expect in the short to medium term for UK property prices? Short-term prospects The report confirms that UK property prices increased by 5.2% [...]

By |2021-11-13T09:32:10+00:00July 29, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Next Five Years House Prices Expected To rise to £40,000

The UK House prices will still be around £40,000 more in five years' time despite the "tremors" caused by the Brexit vote, according to forecasts from one think-tank. The Centre for Economics and Business Research (Cebr) said that while property values are expected to show weaker growth for the rest of 2016 and into 2017, the general direction of prices is still expected to be up. The increases mean the average UK house price could rise from £194,000 in 2016 to £234,000 [...]

By |2021-11-13T09:32:16+00:00July 28, 2016|Blog, Finance News, mycrousal, News|0 Comments
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One of Britain’s biggest House Builders Says the Property Market is ‘Encouraging’ after Brexit

Taylor Wimpey, one of the UK's biggest housebuilders, is striking a surprisingly upbeat tone in its half year results and is so far shrugging off Britain's vote to leave the European Union with ease. In an update released on Wednesday, the FTSE 100 company says that despite the vote to leave the EU, trading has so far remained resilient and that there had been no discernible impact from the referendum so far. Many analysts and market watchers had expected a [...]

By |2021-11-13T09:27:38+00:00July 27, 2016|Blog, Finance News, mycrousal, News|0 Comments
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TH Real Estate to Refinance £1.1bn UK Portfolio

TH Real Estate has instructed Eastdil Secured to help refinance the seven core UK properties in its Cityhold Office Partnership, valued at nearly £1.1bn. Cityhold Office Partnership is a €2.2bn pan-European office joint venture vehicle between US institution TIAA-CREF and Sweden’s AP1 & AP2. Bridging Loan by HZA The UK super-prime property portfolio, valued at around £1.085bn, comprises six built assets and one development site, all in London totalling 1.35m sq ft. They are: The 332,448 sq ft ‘Can of [...]

By |2021-11-13T09:27:50+00:00July 11, 2016|Blog, Finance News, mycrousal, News|0 Comments
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The Cheesegrater finally fills Up in post-Brexit Boost for Property Market

The City’s Cheesegrater skyscraper is finally full, its developers have declared, giving a major boost to a commercial property market wobbling in the wake of the Brexit vote. The companies behind the 225 metres-tall tower in the heart of the Square Mile’s insurance district, British Land and Oxford Properties, have struck deals with existing tenants Kames Capital, Rothesay Life and Amlin to take last three floors of the building. UK Property Market Two of the three leasing deals for the [...]

By |2021-11-13T09:27:56+00:00July 11, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Brexit: UK Property Prices Won’t Crash -HZA

Although UK Property Prices may likely become cheaper, they are not expected to crash following Britain’s exit from the European Union, consultants told PropertyGuru. “Property prices should not plummet. They don’t make land anymore and the UK already has a shortage of houses, so this should keep prices fairly stable. The government revised the stamp duty last April and this has slowed the market for multi-million pound properties,” said Stuart Shield, Publisher of International Property Media. UK Property Prices Brett [...]

By |2021-11-13T09:28:04+00:00July 8, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Chinese and British Officials flirt with Possibility of an Early Post

Chinese officials are open to launching trade negotiations with Britain in the aftermath of the Brexit vote, raising hopes that the UK’s economy can receive a boost after it leaves the EU. Critics of Brexit warned that the UK could find itself alone and cut off from the world economy outside the EU, but the indications from China are that deals are possible. Bridging Finance Uk Xing Houyuan, an official in the state-backed Chinese Academy of International Trade and Economic [...]

By |2021-11-13T09:28:11+00:00July 8, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Amundi Defies Brexit with €850m European Splash

Amundi Real Estate has defied post-Brexit negative sentiment by completing an €850m acquisition of a prime pan-European office portfolio from German fund manager KanAm. The deal, which was not binding until after the EU referendum, will come as a welcome injection of confidence to the commercial property market which has seen a number of high profile investment deals waver since 24 June. Commercial Property Market Amundi has bought the 155,000 sq m (1.66m sq ft) portfolio, which comprises five core office [...]

By |2021-11-13T09:28:17+00:00July 5, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Brexit effect on UK property market will be ”short-lived”

The UK property market will recover quickly from the turbulence resulting from Brexit, says a Nottingham expert. Richard Reed, head of property at John Pye Property – part of John Pye Auctions – believes more people will begin to use online auctions to boost their portfolio during a time of uncertainty. UK property market - HZA More than £5m of stock, featuring 39 residential and commercial investment lots, is included in the firm's online auction from Wednesday, July 6, to [...]

By |2021-11-13T09:28:26+00:00July 4, 2016|Blog, Finance News, mycrousal, News|0 Comments
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Brexit Uncertainty for the Housing Market

Britain’s housing market is in a febrile state. The Brexit vote has thrown prospective buyers and sellers into doubt over the wisdom and timing of their transactions — and getting it wrong could cost them dearly. Housing Market - Hank Zarihs Associates FT Money’s electronic postbag has this week been swelling with property-related questions, none of which are simple to answer while confusion reigns over the future shape of Britain’s relations with the EU, the tenor of the UK’s next [...]

By |2021-11-13T09:28:36+00:00July 1, 2016|Blog, Finance News, mycrousal, News|0 Comments
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