Category Archives: London Property Blog
- 13-11-2012
SA wealthy buying more property in London than the Swiss, Singaporeans and Saudi’s
A new report into foreign buyers of London property reveals that wealthy South Africans are the 11th most active nationality in the £1m+ property segment. The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada Continue Reading
- 29-9-2011
Worries over stability of South African economy as ZAR devalues
In this issue of our bi-weekly roundup of the news and opinion relating to the London property market we discuss the recent devaluation of the Rand and how this is sending fears over the stability of the economy, causing many to look elsewhere for a safe-haven for their investments. Worries over stability of South African economy as Continue Reading
- 15-9-2011
London property a safe-haven for foreign investors
In this issue of our bi-weekly roundup of the news and opinion relating to the London property market we take a look at how the wealthy of the world are snapping up London property as they look for a safe-haven from the global market turmoil, as a result pushing up prices out of reach of Continue Reading
- 24-6-2011
London prices hit all-time high as new sellers ask £8k more
Rightmove’s London House Price Index for June finds that the strength of the market in the capital continues, leading to a new record high average asking price. This is the third time in 2011 that the previous record has been surpassed, with this month’s increase of 1.8% taking the average initial asking price of a Continue Reading
- 24-3-2011
UK Budget 2011 – help for first-time-buyers but property investors are the real winners
Yesterday’s Budget will be welcomed by the UK’s house builders and first-time-buyers alike after the chancellor confirmed the launch of a government-backed shared equity scheme for first-time buyers purchasing new built property. The government believes the scheme will help 10,000 families get on the housing ladder but according to Mike Smuts, Managing Director of the Continue Reading
- 21-10-2010
London Property Investment News – Issue 105
Yesterday the Chancellor, George Osborne delivered his Comprehensive Spending Review in what has been called “the most audacious axe-cutting exercise in almost a century”. But the markets were unmoved as the government stuck to tough spending cuts set out in the emergency Budget in June that the coalition say is necessary to restore investor confidence Continue Reading
- 7-10-2010
London Property Investment News – Issue 104
I have long championed London property as a fantastic asset class for South African investors based on the sound fundamentals that underpin the market. So when I see large companies who can draw on the knowledge of thousands of researchers and economists follow the same path as I recommend to my clients I can’t help Continue Reading
- 26-8-2010
London Property Investment News – Issue 101
In this issue of our bi-weekly roundup of the news and opinion relating to the London property market we take a look the future of UK interest rates, why London landlords are still bullish regarding their investments and the London penthouse apartment that sold for an incredible £140mil to an overseas investor. UK Interest Rates Continue Reading
- 21-8-2010
International buyer snaps up £140 million London apartment
The penthouse apartment, believed to be the most expensive in the world, is set to be sold to an anonymous international buyer as the wealthy of the world keep snapping up London properties despite reports that the UK housing market is slowing. The most exclusive property in London, the penthouse at One Hyde Park in Continue Reading
- 29-7-2010
UK Interest Rates ‘Will Stay At 0.5% until 2014′
It seems that UK property investors can look forward to many more months of good returns as the Ernst & Young ITEM Club, which bases its forecasts on the Treasury’s own model of the economy, predicts that the Bank of England’s base rate will remain on hold until 2014 in order to offset the coalition Continue Reading