Rat and Mouse
Fri
01
Aug

According to Nationwide, the average UK property is up just 0.1% on the month (expectations had been of half a percent). But before we all start panicking, lets take a moment to have a look at the London market and take stock. It’s up 25.8% on the year, 7.6% in the last quarter alone. More here.

Technorati Tags: ,

Thu
31
Jul

20140731olivier 2

It apparently failed to sell at auction on Tuesday night is now on the market with a guide price of £7.5m. There had apparently been a final bid of £6.9m. Interesting, because according to this, the property changed hands for £1.4m earlier this year.

Olivier bought the house in 1937, as a hideaway for him to share with his lover Vivien Leigh. They christened the property “Durham Cottage”. It’s overgrown and largely unmodernised. Which is arguably its charm. More here. particulars here.

Technorati Tags: ,

Thu
31
Jul

Starts in the second quarter are down 19% on the year, after the president introduced rent caps and made the process of selling properties more complex. The slump in construction is said to be significantly harming France’s economy. More here.

Technorati Tags: ,

Wed
30
Jul

A fascinating piece in Gizmodo reveals how the Chinese capacity to produce fakes extends way beyond Apple and Rolex. How about… Paris, for instance? Complete with fake Eiffel Tower and Arc de Triomphe. Read it here.

Technorati Tags: ,

Low neighbourhood crime? Transport? Good schools? 

A great mobile phone signal.

Technorati Tags: ,

This one, in Devon, was built with railway sleepers, lorry tyres and scrap metal, by a couple of Londoners fleeing the capital. It wasn’t built with planning permission. After neighbours complained, the local council ruled to have it removed. In an appeal, however, planners praised the couple for their passion and a build that “sits very comfortably” with National Planning Policy rules on sustainability. Lovely.

But it’s hard not to feel bad for the couple who built this rather beautiful house, in Pembrokeshire. It’s built with local wood and straw bales rendered in lime, by a local couple priced out of their own neighbourhood. According to the local council “it represents an unsustainable form of development”, and will have to be removed. An appeal hasn’t helped. Unfathomable. 

Technorati Tags: ,

Tue
29
Jul

Carney’s desperate to start raising interest rates by the end of the year, but can he - asks Bloomberg - if house prices have started to falter? Growth is already likely to be affected, goes the argument, by the sudden feel-bad factor of falling house prices. Add rising costs of borrowing, and the pressure to growth might just be too much. More here.

Technorati Tags: ,

Mon
28
Jul

London rents reach double national average [Independent]
Shipping container chic [Modesto Bee]
So greedy it's spooky… ghost gazumping [BBC]
Brits love their kitchen gadgets [Sunday Telegraph]
Fast Eddie to sell 33 Portland Place [Sunday Telegraph]

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

Technorati Tags: ,

Fri
25
Jul

It’s Hometrack this morning, with a notional rise of 0.1% in July nationally, but fewer than a quarter of postcodes registering rises at all. Time on the market is falling everywhere except in London and the South East (which is significant as it tends to lead the market), rising in the capital from a March low of 2.7 weeks to 4.3 weeks (still below the national average of six weeks). Get the full report here.

Technorati Tags: ,

Thu
24
Jul

The message - according to MoneyWeek - isn’t good. The share price hit new lows this week, transaction volumes in the areas serviced by the agency are on the decline, and “encapsulated in Foxtons’ price is everything you need to know about London property”.

Technorati Tags: ,

Wed
23
Jul

According to data from Knight Frank, the average central London yield of 4.3% is way below the UK average of 6.4%. In Manchester and Leeds, landlords are looking at something like 8.2%. Interestingly, and in contrast to this morning’s Zoopla figures, KF point to weakening central London capital growth as a factor in the new data. More here.

Technorati Tags: ,

New Zoopla data shows a massive 8.2% rise in London house prices in just the first six months of the year. Expanding the data to the south east doesn’t do much to the figure, with a small adjustment to 7.4%. For some context, 7.4% rise in the average south east house price is the equivalent of around £23,000. More here.

Technorati Tags: ,

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 

Technorati Tags: ,

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. 

Technorati Tags: ,

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.

Technorati Tags: ,

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 

Technorati Tags: ,

 

 


POSTCODES
THANKS TO
ENTRIES BY MONTH
ABOUT
UK PROPERTY RESOURCES
US / INTERNATIONAL PROPERTY BLOGS
LONDON BLOGS
CREDITS
Publisher Editor Technical and Design Hosting Software