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An announcement is due later today following the two-day MPC meeting to fix bank base rates. BBC Breakfast has already been analysing the effects on savers/borrowers of another month at 0.5%. Nobody's expecting any surprises.
Technorati Tags: property, real estate
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In America, a blogger uses Tumblr to document NYC's most hideous looking rentals.
It's addictive.
[via Curbed]
Technorati Tags: property, real estate
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Up 1.1% on the month, up 2% three-month-average to three-month-average compared annually. Accompanying comment focuses on cheap mortgages.
Technorati Tags: property, real estate
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It's a one-off, I'm afraid… the work of a Washington DC-based architect, specifically for a charity auction.
[via Curbed]
Technorati Tags: property, real estate
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According to the Standard, London property prices and the impending expiry of a number of long-term leases are just too much of a temptation for some foreign governments, as embassies and other diplomatic buildings are expected to hit the market in the next few years. So, if they're leaving Mayfair, Kensington and Belgravia, where are they going? Nine Elms, apparently. The Americans have already announced the area near Battersea as their destination, according to the editor of Diplomat magazine (I'm not making this up), others are likely to follow. More here.
Technorati Tags: property, real estate
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According to this - which is counting Singaporean and French/Italian interest - quite a lot, with prices knocked 10% down over five years thanks to favourable exchange rates. When they come to an end, which is likely to coincide with rising domestic interest rates, what then?
Technorati Tags: property, real estate
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The Jane Fonda Kit House… a kinetically-powered micro-home, in which sweat and lycra replace electricity and gas. Nuts? I thought so, until I looked at the photo and realised she's already got to grips with cloning.
Technorati Tags: property, real estate
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Including public spaces, homes, business and retail in a large-scale regeneration of the area between the stadium and the station. More here.
Technorati Tags: property, real estate
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No wonder she's smiling. Olga, who must have found something attractive enough in her oligarch ex-husband Vladimir to have not minded inheriting the surname Slutsker, is currently £40m the richer after an expensive court battle to secure ownership of their South Kensington property. The property in the Boltons was bought in 2000 and ownership was transferred to a Cayman Islands trust. After the couple's divorce in 2009, Mrs Slutsker was named "settlor" of the trust. Which turned out to be a bit of an error on Mr Slutsker's part, because it empowered her to effectively write him out of the arrangement. A long court battle by Mr Slutsker to claim 50% of the value of the property has ended in failure. No doubt there are plenty of wealthy people examining the fine print of their offshore trusts as you read this.
Technorati Tags: property, real estate
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This is fun. The market's ups and downs as reflected by Telegraph cartoonist Matt. From… the little girl waking her dad in the middle of the night to ask "Will you take the doll's house out of my room? It's giving me nightmares about negative equity."… to the estate agent showing showing a couple a property and saying, "Or, if you want something more expensive, I can show you this again tomorrow."
Technorati Tags: property, real estate
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Protestors from tenants' protest organisation letdown.org.uk (don't forget the .uk or you'll find yourself rickrolled) didn't receive the warmest welcome from Foxtons on Saturday, when they attempted to enter the Brixton branch for a conversation with the lettings department. Go here for photographs of the bouncers, hired for the day, to stand guard outside the branch. Let's hope they were both homeowners.
Technorati Tags: property, real estate
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Land Registry figures for March show a 0.1% rise in English and Welsh house prices, leaving them 0.9% above March 2012's. Once again, it was a story of different regions, with a 2.5% monthly fall in the North West and a 2.5% rise in London. Within the capital, Hammersmith & Fulham is showing a 13.1% rise on the year, and a 1.9% rise on the month. Islington prices dropped 0.7% on the month, Greenwich 0.9% on the year. For full details, there's a pdf here.
Technorati Tags: property, real estate
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