Rat and Mouse
Mon
25
Jan

Estate agents considered less trustworthy than bankers, according to poll [Property Industry Eye]
Despite gathering clouds, homeowners remain bullish on property {International Business Times]
Twenty years of property… some stories [Guardian]
“Ushers and butlers”… how our politicians are selling high-end property to the international super-rich [Guardian]
In New York… stunning NYC penthouse once owned by Robert De Niro [Curbed]

The Rat and Mouse - it’s about your house 

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Fri
22
Jan

2015 transactions up on 2014, but still down over longer term [Property Industry Eye]
Tiny south Wimbledon studio is really a bed in a kitchen [Daily Express]
RICS points to London/Hong Kong bubble risk [RICS Twitter]
RICS  recognises surge ahead of Autumn statement stamp duty measures [RICS]
Letting your spare room out as an office [Daily Telegraph]

The Rat and Mouse - it’s about your house 

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Thu
21
Jan

Thirty-six viewings, nine offers and sold… a studio in Clapton, less than seven square metres of space, and coming in under the stamp duty threshold. The catch? It’s so small lenders can’t offer a mortgage. So whoever bought it, did so in cash. More here.

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Wed
20
Jan

20160120foxtonsmini

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[via Property Industry Eye]

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Tue
19
Jan

An interesting study, cited in the Telegraph

A study which looked people living Toronto city centre found that the death rate for people living above floor 16 was nearly five times higher than those with flats on the second floor or below. There were no survivors at all above the 25th floor.

Yes, the study was Canadian; but unless British paramedics are quicker on the stairs or we have faster lifts, the results are likely to stand. 

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Mon
18
Jan

Zoopla ad controversial [Property Industry Eye]
How will an international share price tumble effect UK property? [Sunday Express]
Rightmove report surging demand but modest asking price increases [Daily Telegraph]

The Rat and Mouse - London’s property blog 

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Fri
15
Jan

it’s not all about the 29-room, each with a story to tell, Playboy Mansion. Cosmopolitan-founder Helen Gurley Brown’s Central Park West penthouse is for sale, for the first time in 40 years and almost four years after the publisher’s death. $20m and listed with Sothebys. it’s hard to imagine a better Manhattan location.  

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Thu
14
Jan

Knightsbridge studio flat breaks record for £1.175m [Daily Telegraph]
But central London values are tumbling [IB Times]
The latest regeneration schemes and Right to Buy homeowners… confusion [FT]
London’s coolest garages [Homes & Property]

The Rat and Mouse - it’s about your house 

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Wed
13
Jan

Here he is - the former MPC member known for his hawkish attitude to interest rate rises - talking to a BBC economics correspondent (who’s failed to spell his name correctly) on why, despite the fact a generation of borrowers haven’t seen an interest rate rise and household debt is high and creeping up, following the Fed’s example might not sting as much as anticipated.

My killer fact is the percentage of people who have a mortgage at all. It's now at its lowest for years - only about 30%. And the percentage of households who own outright is much higher.

Furthermore, according to a B of E survey, 69% of households said they wouldn’t have to alter their lifestyle in any way to cope with a rise in interest rates. I suppose the crucial question is, how would a significantly poorer 31%, perhaps struggling to meet repayments, affect those 69%? Nobody lives in a bubble. Interesting piece, though.

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Tue
12
Jan

That’s Hamptons estate agents, by the way, so overly pointy shoes and watches the size of saucepans won’t be compulsory. The concept’s going to be tested at Kidzania, the creepy virtual world based at Westfield shopping centre in Shepherds Bush, where young-ins get the chance to dress as doctors, firemen, coppers, shopkeepers, do some virtual work and be paid in a virtual currency called Kidzos. Local and multi-national brands sponsor the professions. Soon - according to Property Industry Eye - there’ll be an estate agency option too. For the weird kids.

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Mon
11
Jan

Estate agency board printer to triple production [Property Industry Eye]
Hillingdon the big winner in 2015 [Get West London]
Councils tell private tenants to sit tight through eviction process [Sunday Telegraph]
Another tiny flat, weirdest shower room ever [Independent] 
Rolf Harris to sell home to pay for legal fees [News.com.au]

The Rat and Mouse - it’s about your house 

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Fri
08
Jan

Why was everyone property shopping on Christmas Day/Boxing Day? [Property Industry Eye]
Osborne warns house-buyers, prepare for interest rate rises [Evening Standard]
Last Halifax report of the year… up 9.5% in 2015 and further gains forecast [This Is Money]

The Rat and Mouse - it’s about your house 

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Thu
07
Jan

The Wall Street Journal’s hosting an interesting video about Tracy and Steve Fox’s cool, steel-framed south east London property built on a former junkyard. Got a spare two minutes and need some inspiration? Watch it here.

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Their concrete tiles, inspired by Enid Marx’s Tube train seat designs and Harold Stabler’s own architectural tiles. More info here. See them here.

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Wed
06
Jan

He’s Lord Flight (not Flyte), and he’s unhappy about the Government’s new record for hostile tax policy aimed at buy-to-let landlords. The results, he warns, could include insecurity for private tenants and even a possible market crash as landlords, no longer able to make profits, evict and sell. Furthermore, the new taxes, he argues, are simply unfair. Landlords already pay higher taxes than other types of investor and provide a service, making - literally - millions of homes available to tenants. More here.

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Tue
05
Jan

Property Industry Eye is reporting that two private landlords have raised more than £50,000 using crowd-funding platform Crowd Justice and plan to challenge the Government’s controversial Clause 24 of the Finance Act 2015 under EU Law. The clause, which will remove landlords’ right to claim interest against tax, could make the entire process of buy-to-let unprofitable for small private landlords, tilting the pitch in favour of larger investment businesses.

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