Rat and Mouse
Fri
24
Apr

On letting agency fees [Homes & Property]
The UK cities beating London on house prices [Daily Mirror]
New heating regs might hit landlords [Letting Agent Today]
A transformation in Spitalfields [Homes & Property]

The Rat and Mouse - it’s about your house 

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Thu
23
Apr

The research is by Kiwi Movers, and consists of a survey of just over 1,000 tenants and their experience across the last five years. Fifty-two per cent had at least some of their deposit withheld, and only 20% reported a trouble-free end of tenancy. More here.

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Wed
22
Apr

Blimey, that’s a lot of money. According to Landlord Action’s Paul Shamplina, the landlord also suffered a nervous breakdown apparently related to the stress of renting a property to the singer. More here.

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Tue
21
Apr

Sol Campbell’s so afraid of mansion tax he’s moving [Daily Express]
A cool transformation in Wandsworth [Homes & Property]
Confidence shown in asking prices [Evening Standard]
Is the Tory right-to-buy manifesto promise an embarrassing u-turn? [Property Industry Eye]

The Rat and Mouse - it’s about your house 

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Mon
20
Apr

New research apparently shows a significant fault line running through London and the Home Counties, increasing the chances of a catastrophic earthquake at some time in the future. Non-dom tax rule changes, mansion tax, political instability… now earthquakes. Will anything put the London buyer off?

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Fri
17
Apr

It’s a RICS report, so don’t expect science, but 21% more surveyors/agents reported rising prices than static/falling in March, and accompanying comment talks of a “worrying” trend. The problem? Solid demand, a lack of supply effecting everywhere except London and some parts of the north. More here.

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Thu
16
Apr

2 bedroom house for sale in Ripplevale Grove Barnsbury N1 through Foxtons Property for sale

Two bedrooms, three floors, (a pretty nice) rear garden and only 8ft wide. It’s in N1, and listed with Foxtons with a £749,000 guide price. Particulars here.

20150416skinny

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Wed
15
Apr

Extending the Right to Buy scheme doesn’t solve the problem of boosting the supply of affordable homes.

(CBI)

We fear the figures simply won’t stack up… We would be very concerned that it would result in a dramatic loss of vital social and affordable housing.

(Chartered Institute of Housing)

… would not help the millions of people in private rented homes who are desperate to buy… The wrong solution to our housing crisis.

(National Housing Federation)

We would have to make up the difference.  Housing associations are private bodies, as we all know.  It would involve massive subsidies.

(Mayor Boris Johnson)

Short-termist thinking that 4.7m households in social housing don’t need.

(Jones Lang LaSalle)

The question is… what’s more important? The support of self-interested voters or the party’s reputation among the business community for economic competence? Cameron’s clearly gambling on the former.

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Tue
14
Apr

20150414deckchair

There’s no accounting for taste. 

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Course you do.

[via Property Industry Eye]

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Mon
13
Apr

LidDems announce mansion tax bands [Sunday Telegraph]
33% of single-property landlords fail to turn profit [Property Industry Eye]
Average home changes hands only once every 23 years [Estate Agent Today]
Cob building… the future? Or daft Sky News story? [Sky]
How agents know what you’re going to do before you do [Estate Agent Today]

The Rat and Mouse - it’s about your house 

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Fri
10
Apr

Yesterday… interest rates remain at record low [BBC]
How to make a nice planter from an unwanted/old Foxtons for sale board [Brixton Buzz]
Online agent claims high street competition over-valuing properties by average of £74,000 [Property Industry Eye]

The Rat and Mouse - it’s about your house 

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In a survey by betting company Spread Co, Londoners have been named the UK’s most boring… with 47% admonished for being too dull on one or more occasion. We're uncommonly risk-averse in a risk-averse country, too, where one-in-six considered eating something past its sell-by date a high-risk activity. Something tells me this isn’t science, but if you want more, it’s here.

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Thu
09
Apr

Halifax reports a 0.4% rise in house prices in March, but a slight slowing of the annual (three month on three month) rate of inflation from 8.3% in February to 8.1%. The lenders' analysts expect this figure to half by the end of the year, as slow wage growth bites at the bottom end of the market. Get your own copy of the report here.

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Wed
08
Apr

He’s expected to announce what he hopes will be a vote-winning pledge today, scrapping the 18th Century tax loophole allowing “non-domicile” UK residents to avoid paying tax on worldwide income in the UK, an advantage not afforded UK residents with international business interests. Roughly 100,000 tax payers currently take advantage of the rule, and there’s controversy regarding what exactly constitutes a non-domicile residency, with some non-doms enjoying the tax shelter simply having lived abroad for a few years, having an overseas bank account or - according to the Guardian - just an overseas newspaper subscription.

Critics of the move point out, however, that non-doms contribute considerable sums on British earnings to the Government, and that the policy risks a flight of high-networth individuals from London. Combine this with a mansion tax… and I’m sure some agents are wondering what a Labour government might do to the top end of the London residential market. 

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Tue
07
Apr

More protests outside Foxtons Brixton [Property Industry Eye]
Families are giving up on home ownership [Daily Telegraph]
Kentish Town Foxtons in doubt [Estate Agent Today]
Do decorators at Cameron’s North Kensington home mean there are plans to sell? [Daily Mirror]

The Rat and Mouse - London’s property blog 

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