Rat and Mouse
Fri
13
Feb

Research by home furnishings specialist Terry’s Fabrics suggests British homeowners are still influenced by next-door when it comes to interior furnishing decisions. Almost 3,000 were surveyed, asked for their primary source of inspiration when decorating their home. Number one answer? The neighbours. They were then asked why. Number one answer? “Wanted their home to be as good as their neighbours’.” 

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Thu
12
Feb

It’s the best time ever to be in massive debt, according to the Daily Mail. Fixed rate mortgages are at a record low, with 1.19% over two years currently available. 

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Profits of up to £150,000 have been reported in the Telegraph, by investors selling flats in the upmarket and very long awaited development before they’ve been built. Properties appearing on the Chestertons website are priced at £865k after being reserved for £711k. There’s no suggestions of illegality - off-plan flipping has been an investment tactic for a very long time - but given pressures on London buyers and how long people have waited for this particular development to happen, any significant profiteering and price inflation at this stage will certainly be seen as unfortunate. More here.

20150212battersea

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Wed
11
Feb

… on one handy matrix, courtesy of Knight Frank. It’s pre-manifesto, of course, but it’s interesting. Go here.

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We’re not kidding. Over at PropertyIndustryEye, Ros really wants to know who’s behind the ConTheMarket Twitter campaign. More here.

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Tue
10
Feb

Nope, not a Harry Potter sequel, but the first two instalments in a five-part series by the New York Times, ripping away the facade of anonymity and naming the foreign investors buying up city penthouses and holding them in shell companies. Interesting.

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For what it’s worth.

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The Telegraph reports on the lull before a storm of pensioner’s wash up on the buy-to-let market, pricing young (and by “young”, we of course mean “middle-aged”) first-time buyers out of the market in a retirement-funding manoeuvre. Data comes courtesy of a YouGov/Old Mutual Wealth survey. More here.

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Mon
09
Feb

Up north… Lord Mayor intervenes over “offensive” letting boards [Letting Agent Today]
In the States… effort trumps intelligence for agents [Inman]
In Regents Park… Candy’s annoying his neighbours [Evening Standard]
In Walthamstow… agent shocked by local MP’s behaviour [Property Industry Eye]

The Rat and Mouse - it’s about your house 

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Thu
05
Feb

According to a report by Hamptons International… Thurrock, a green belt-heavy, affordable, commutable borough in Essex, is the number one choice, followed by Epping Forest, Medway, Elmbridge (Surrey) and Broxbourne (Hertfordshire). Go here for the full list.

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Wed
04
Feb

The question… is the piece deliberately provocative or simply a miscalculation of youth, to be rued a decade from now when it’s still thrown up in Google searches? The author received an inheritance at the end of the 1990s, invested it in a London flat and now - by judicious “trading-up” - is a “homillionaire” on a journalist’s salary, sufffering the awkwardness and embarrassment thereof. He doesn’t sound particularly embarrassed though. Or awkward. Which hasn’t escaped the attention of a sub-editor writing picture captions. Read it here.

I was hoping this piece might turn out to be a reflective and grown-up look at the possible results of illiquid asset taxation (a future mansion tax) on Londoners who can’t afford to move and might find it problematic affording to stay. Oh well. 

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We’re not talking about where she currently lives, we’re talking about the west London development and future home currently getting a full-on treatment, including basement excavation which has - apparently - resulted in cracked walls throughout the building (which Hoppen has had repaired). A landlord who owns property above the site appears to be the most put out… his tenants have gone and it’s proving impossible to replace them. More here, too.

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Tue
03
Feb

How does it work? Go to Zoopla, find the link to your property, paste the link here. There’s a new draw every month. The winner gets their estate agency fees paid (up to £5k) when their home sells. 

Analyst reassesses OnTheMarket threat [January 29, 2015]

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Mon
02
Feb

Dealing with noisy neighbours [Homes & Property]
Kendall Jenner property shopping in London with £5m [Hollywood.com]
House prices and the election [Sunday Telegraph]
OnTheMarket starts enforcing [Property Industry Eye]

The Rat and Mouse - it’s about your house 

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Fri
30
Jan

Chestertons takes down company's “for sale” notice [Property Industry Eye]
Nationwide shows gains slowing [Reuters]
Land Registry shows London prices ending 2014 up 16.3% (we're still waiting on ONS figures) [City AM]
On Saturday’s Homes for Britain rally [24 Dash]

The Rat and Mouse - it’s about your house 

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Thu
29
Jan

… and doesn’t like what it sees. Panmure Gordon has downrated both Rightmove and Zoopla to a “sell” rating, apparently rattled by OTM post-launch. The advice, however, appears to be contrary to the tide… Zoopla’s share price has risen significantly this week and Rightmove's doesn’t appear to have been adversely affected.

[via PropertyIndustryEye]

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