Rat and Mouse
Thu
05
May

"My personal view is that property prices would be likely to come down, as inward investment, particularly in London, is less available," she said. "The risk on a Brexit is I think that property prices come down and interest rates go up."

Technorati Tags: ,

Wed
04
May

Russian banker Elena Kotova agreed to the civil recovery claim after being accused of taking bribes from clients in return for securing funding for them, and laundering the money in part through a £1.5m Mayfair apartment. According to the NCA, expect further “busts" as they turn the spotlight onto the London property market. More here.

Technorati Tags: ,

Tue
03
May

London rents up 3.7% on the year [Property Industry Eye]
But price growth dwindling in prime London [City AM]
On fears of a buy-to-let lending bubble [Sunday Telegraph]
And yet stock appears to be falling [Property Wire]
Survey trounces online agents [Estate Agent Today] 

The Rat and Mouse - London’s property blog

Technorati Tags: ,

Fri
29
Apr

Older first-time buyers mean growing numbers of borrowers will still have mortgage debt after retirement [Property Industry Eye]
Cheaper to live in four star European hotel than rent in London [Daily Telegraph]
Marsh & Parsons has started “outgrowing” Foxtons in London [Estate Agent Today]
Latest (and last) Land Registry hpi… prices falling everywhere except London and East [Daily Telegraph]

The Rat and Mouse - it’s about your house 

Technorati Tags: ,

Thu
28
Apr

20160428ventyourrent1

Organised by the Generation Rent campaign group, London tenants are being encouraged to share horror stories on Twitter with a ventyourrent hashtag. They’re also appearing on a specially published blog. The idea is to highlight the problem in the lead up to the mayoral elections. It’s sobering reading. But equally interesting is the little battle in the comments section below this, in which tenants and landlords debate who might be to blame for dirty rooms, mouldy windows and bugs.

Technorati Tags: ,

Wed
27
Apr

It was the much-publicised rush to beat the 3% surcharge on stamp duty for second or investment home buyers that did it… with fewer than 50% of sales in the capital going to actual full-time owner-occupiers. Thirty-six per cent of sales were to landlords, 23% to buyers of second homes. More here.

Technorati Tags: ,

It happened in Malmesbury in Wiltshire, and involved a 30 foot fall, after the potential buyer discovered a feature not even the agent was aware of hidden in shrubbery. She was apparently stuck in the disused well from around noon until mid-afternoon. More here.

Technorati Tags: ,

Tue
26
Apr

The magazine shines a light on London’s housing crisis, a market in which Londoners employed in academic, research or science professions, and younger people more generally, are being priced out of the city; and wealth inequality is growing so that it “now resembles that in some developing countries”. The problem? A lack of incentive to build. The solution (according to the Economist)? Stop being so precious about London’s greenbelt and get building. 

There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the London School of Economics (LSE)—about 30 times the number of new houses London needs annually.

And allow local councils to set their own taxes on residential property to incentivise planning permission. It’s an interesting read, here.

Technorati Tags: ,

Mon
25
Apr

The Mayoral candidates and London property prices [Daily Telegraph]
Inside the new BBC TV Centre apartments [Homes & Property]
Mapped: property prices along the marathon route [CityAM]
Crackdown on “dirty money” a factor in weakening prices at top of London market [Guardian]
MPC member hints at negative interest rate possibility [Daily Telegraph]

The Rat and Mouse - it’s about your house 

Technorati Tags: ,

Fri
22
Apr

London property… a lopsided problem [Growth Business]
London homeowners don’t believe a Brexit would hit house prices [City AM]
Nature’s housing association… in London [SW Londoner]
Agents warned on colluding with OnTheMarket [Daily Telegraph]
Mortgage lending soars on rush to beat Stamp Duty hike [Zoopla]

The Rat and Mouse - London’s property blog

Technorati Tags: ,

Thu
21
Apr

It’s the (famously bearish) consultancy’s second quarter report, and cites affordability, tax hikes on the buy-to-let sector and Brexit uncertainty as the reasons why the London property market will grind to a halt in 2016, before picking up by 1% in 2017 and 2% in 2018. Perhaps controversially, expect an interest rate rise, though, before the year is out, bringing the bank base rate to 0.75%. More here.

Technorati Tags: ,

Wed
20
Apr

It’s a property with historical resonance, a former Panamanian embassy and home to Dame Margot Fonteyn, before developers bought it in 2011. It’s already getting the requisite basement excavation, but new plans for a significant extension to the property, which is close to V&A in South Kensington, has neighbours up in arms. More here.

Technorati Tags: ,

… over at CityAM, with a shortlist of five London properties with guide prices £35m+. But which one will they choose?

Technorati Tags: ,

Tue
19
Apr

The London property deposit challenge [Moneyfacts]
Tax changes bite into buy-to-let [Rightmove]
And the victims might not be who you think [Daily Telegraph]
Meanwhile - in Mexico - the most luxurious shipping container home ever [Curbed]

The Rat and Mouse - it’s about your house 

Technorati Tags: ,

Mon
18
Apr

Two Forest Hill estate agents have been jailed for running cannabis farms in properties they were claiming to let. Police found cannabis plants capable of producing £2m of drugs a way in seven properties “let” by Home to Home estate agents. More here.

Technorati Tags: ,

Rightmove’s index of asking prices rose 1.3% in April, led by high demand for larger properties. The theory is that a feeding frenzy at the bottom of the market among buy-to-let investors trying to beat a stamp duty hike released “second-steppers” who very suddenly revitalised the family home market. Drilling down on London, Righmove pegged asking prices 8.7% up on the year, but just 0.3% up on the month. More here

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