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BRITAIN has overtaken Germany as the most popular destination for commercial real estate investment

18 January 2018

BrickVest, the real estate investors said Germany saw a drop of 34 per cent to 23 percent in popularity among investors, during the last quarter.

This is the lowest quarter experienced since quarter two in 2016.

On the other hand, the UK rose from 27 percent to 29 percent during the same time. As the UK has been able to sustain its ranking above 25 percent, it has won the favour of numerous investors.

Both the US and France saw gains of nearly a fifth (19 per cent) preferring the US over other regions and 18 percent now choose France as their location...

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UK immigration ‘must be based on skills needs’ say MPs

15 January 2018

A Canadian-style points system to control immigration to the UK, with greater weight being given to skills, was proposed in a wide-ranging report from the House of Commons’ Home Affairs Committee.

Immigration policy aimed at targeting skills requirements

The MPs said the government should drop its target of reducing net migration – currently running at 230,000 a year – to the tens of thousands and, instead, adopt a system based on the country’s need for workers and on “humanitarian obligations”. The report proposes the government adopt the Canadian model for a points-based immigration system that uses economy-based evidence to construct an annual framework...

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Swanley has seen house prices increase by 10.78 per cent or £36,484 over the past year

12 January 2018

Swanley in Kent, Dursley near Bristol and Bromsgrove in the Midlands have been identified as house price hotspots in a study of commuter towns.

Property website Zoopla made the findings after analysing towns within an hour’s commute of 10 cities.

Areas clustered around London, Birmingham, Leeds, Manchester, Bristol, Edinburgh, Newcastle, Sheffield, Liverpool and Nottingham were looked at for annual house price growth.

The study said that, based on this typical growth rate, the rising value of a commuter’s home in Swanley could effectively offset the cost of a £2,500 annual London rail fare in less than a month.

Dursley, on the outskirts of Bristol,...

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UK industry on track to have boosted economy in fourth-quarter 2017

11 January 2018

LONDON, Jan 10 (Reuters) - British industrial output looks set to make a strong contribution to economic growth in the final months of 2017 but construction is likely to drag, official data showed on Wednesday.

Economic growth slowed in the first nine months of 2017 as higher inflation caused by the fall in sterling after the Brexit vote hurt consumers, although exporters have gained from the weaker pound and the stronger euro zone economy.

Germany reported rapid growth in industrial output on Tuesday and stronger exports and its economy is forecast to grow faster than Britain’s in 2017 and this year.

British industrial...

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Is relocating to Europe during Brexit negotiations a good idea?

08 January 2018

The Brexit leave vote came at a bad time for many would-be expats planning an escape from the UK, but is it safe to go ahead as things stand at the moment?

Whether to go or stay is a crucial question without an easy answer, as there’s no indication of certainty in anything which has been agreed to date between the two sides. Expat freedom of movement, pensions, health considerations and more have been discussed and agreed in principle, but are far from being set in tablets of stone.

Taking a chance and emigrating to the European member state of...

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Icon Relocation sponsors Carols in the City

18 December 2017

Here’s some photos of us at Carols in the City at Southwark Cathedral. The event was to support Marie Curie UK and we sponsored one of the performances by Lucy Crowe.

The event was hosted by Jim Carter, famous for his role in Downton Abbey. We were lucky to rub shoulders with the likes of Rula Lenska, Martin Shaw and Tara Fitzgerald.

We love being apart of this event every year during Christmas and helping the less needy especially during this time of the year. The photo is of Ben Carters wife, Lee with Jim Carter at the...

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UK property market: The good, the bag and the ugly

15 December 2017

With Father Christmas all but ready to visit homes across the UK, we’ve compiled our annual lists to give him a hand based on the increase or decrease in property prices since last December.

The Good:

Swale in Kent has seen prices increase by 14.4% since last Christmas, the largest across the nation. East Northamptonshire (12.7%), Oadby and Wigston in Leicestershire (12.4%), and Cambridge (12%) have all also enjoyed strong growth at 12% or higher.

Swale, Kent 14.4% East Northamptonshire 12.7% Oadby and Wigston, Leicestershire 12.4% Cambridge 12% Torridge, North Devon 11.8% Corby, Northamptonshire 11.7% Test Valley, Hampshire 11.7% West Somerset...

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The UK housing market is 'flatlining' while prices in London continue to fall

14 December 2017

The UK housing market continued to flatline in November. Price falls are still falling in London, according to the RICS monthly UK residential market survey. RICS chief economist Simon Rubinsohn said the national slowdown is being driven by factors including the run-up to Christmas and Brexit-related uncertainty. LONDON — After years of runaway growth, the UK housing market is flatlining.

A monthly survey by the Royal Institute of Chartered Surveyors showed its index fell to zero in November from +1% in October, broadly consistent with no national price change over the period, while price falls are now widely-reported in London.

Here’s how it breaks down...

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UNITED KINGDOM | Several Changes to Tier 1, Tier 2, Permanent Residency, and Entry Rules

12 December 2017

On December 7, the British government published a “Statement of Changes” to the United Kingdom’s Immigration Rules. The most notable among them for companies and their foreign employees include the following. Tier 1 (Exceptional Talent) - As we reported previously, the number of visas available under the Tier 1 (Exceptional Talent) route will increase from 1000 to 2000 per year. Internationally recognized global leaders in science, digital technology, the arts and creative sectors, endorsed under the Exceptional Talent route, will be permitted to apply for settlement after three years. This brings the Tier 1 (Exceptional Talent) category in line with the...

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London property market likely to continue price drop in 2018

11 December 2017

London’s property market is in for another rough ride next year, according to a leading UK property website.

Home values in the British capital are likely to fall another 2 percent in 2018 after a 1.8 percent decline this year, Rightmove said on Monday. In December alone, prices dropped 3.7 percent in London and by 2.6 percent nationally. The month usually sees a big seasonal slump.

“Economic and political uncertainty tend to weigh more heavily on the capital,” said Miles Shipside, Rightmove director. Next year UK property “will continue the 2017 trend by being a real mixed bag of different price pressures...

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