Rat and Mouse
Tue
22
Jul

Adding value with a home office [Daily Telegraph]
Osborne continues to punish home-buyers [Daily Telegraph]
Nazi turns artsy [Curbed]
Helen Mirren: landlord [Curbed]

The Rat and Mouse - property blogging since 2005 

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Mon
21
Jul

It’s Rightmove data. And it’s a 0.8% fall in asking prices June to July, including a 0.4% fall in London. Annually, the figures at +6.5%, down from +7.7% a month ago. Reasons? The distraction of the World Cup, rhetoric from Mark Carney about possible interest rate rises and tighter lending criteria. And - in London - a sense that house prices might be reaching a peak. 

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Fri
18
Jul

Very soon, according to this. Fifty-three acres, including stables and an indoor riding arena and well-placed, according to the AOL money man, to profit from the continuing ripple-effect into commuter land.

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Thu
17
Jul

Scottish Help to Buy pot runs dry [BBC]
The London average rent map [Property Hawk]
Are new buy-to-let landlords vulnerable to imminent rate increases? [Bloomberg]
it’s about your Houzz [BBC]

The Rat and Mouse - blogging about property since 2005 

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Wed
16
Jul

According to Ham & High:

The council is considering offering financial incentives to private landlords who agree to cap rent increases in line with inflation.

The details are scant, but there’s mention of loans for capital repairs and “council-approved” badges. 

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It’s on.

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London house prices up 20.1% May to May, leaving the average London property a whisker off half a million pounds. Is Mark Carney worried. Yes he is. Kind of. He’s more concerned about debt levels than house prices per se, although the two will always, of course, remain linked. And with all the talk of interest rate rises, the builders - and their investors - are losing confidence, too. 

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Tue
15
Jul

20140715bps2 2

After a a complex and, at times, frankly depressing saga, the first images of an actual apartment within the Battersea Power Station development have been published. It’s called “The Power House”, and it’s a glass structure, two-bedrooms with riverside balcony. The work, by Michaelis Boyd Architects, is said to purposefully reflect the building’s 1930s/40s heritage in its choice of warm colours. More information here.

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Mon
14
Jul

The 20 coolest streets [Daily Telegraph]
Incoming “celebrity” alert… “Love for Sale” escort [Exeter Express & Echo]
Russian part animal pays £120m for Hanover Lodge in London property splurge [Daily Mail]
Elsewhere, transactions remain low [This is Money]

The Rat and Mouse - it’s about your house 

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Fri
11
Jul

According to the agency’s research department, while the number of foreign buyers in the capital is high (around 32%), the vast majority (88%) are conventional home purchases rather than property investments. More here.

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Thu
10
Jul

Halifax index - unexpected monthly fall but mid-term gains still expected [Guardian]
In Wales… country house with its own (working) train station [Daily Telegraph]
Is the Bank’s “tough talk” working? [Guardian]
Foxton’s gets “outperform status” from Credit Suisse [Investor Today]

The Rat and Mouse - London’s property blog, since 2005 

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Wed
09
Jul

That’s according to a report to be published today by PwC. Expect £500,000 in 2015, and £565,000 by the end of the decade. Interest rates? A gradual move upwards beginning toward the end of this year or the beginning of the next. But it will take until 2020 before interest rates return to anything like long-term averages. 

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Tue
08
Jul

It’s a three-bedroom property in Peckham that’s made the Americans wonder whether the capital has lost its collective sanity, and more specifically its “$1.1m” (£650,000) price tag, given the state in which it’s been left by squatters.

This, from the particulars:

20140708peckham 2

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Mon
07
Jul

London fortunes… homeowners speak [Daily Mail]
Money-saving commutes [Guardian]
Eye-catching garden offices [Daily Telegraph]
The country commuter hotspots profiting from the London boom [International Business Times]
The London paramedics priced out of the capital [BBC]

The Rat and Mouse - London’s property blog, since 2005 

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Fri
04
Jul

It’s the blurred one. 

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Thirty-five police buildings, 20 of them police stations, were sold last year for a combined swag of £125m. Stations include Harrow Road, St John’s Wood, Clapham and Hackney. And apparently this is just the start of a process in which the Met will continue to close costly stations and replace them with “contact points”. Unsurprisingly, it’s a controversial plan, but in the face of budget cuts it’s not entirely surprising. Officials point to (just) five sites that will be turned into schools and colleges as evidence of properties retaining social value. The majority of sites, however, have gone to developers for private housing.

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