Close Video

Demand for Property in Prime Central London Remains High Among Overseas Buyers

29 January 2015

Demand for prime central London real estate remains high and Chinese interest continues to grow, according to a recent analysis of the sector, reports Property Wire, despite the recent stamp duty reform and elections scheduled for May. According to the report from independent property buying agency, Black Brick, a rise in the US dollar against the pound has boosted international demand, while record low mortgage rates are encouraging domestic demand.   Black Brick reports new client demand from Hong Kong, Saudi Arabia, Russia, Cyprus and the UK so far in 2015, with budgets varying from below...

Read More

More defined, more flexible, more demanding relocation

29 January 2015

Client Survey 2014/15EXECUTIVE SUMMARYIcon Relocation surveyed clients drawn across various industry sectors headquartered in the UK, US and Asia, about the key business and relocation issues facing them over the coming 18-24 monthsKey FindingsMove towards defined relocation and benefits packages, albeit with flexibility though a ‘pick & mix’ approach to individual needsIncrease in more shorter secondments for technical employeesHiring caps increasing the international rotation of employeesPerception and reality lag among assignees regarding the availability and cost of property in key business centresRising demand for serviced and managed property solutionsTop relocation management challenges include meeting assignee expectation, cost containment and budgeting...

Read More

Rental Market Expected to be Stronger than Sales in Parts of London

23 January 2015

This year is expected to bring fewer sales and more letting transactions, with strong rental markets across London’s Midtown, City and Docklands, a new report predicts.There will be a two tier sales market with demand for properties up to £1million continuing to attract buyers and a slower market at prices over £1 million, according to property consultants Hurford Salvi Carr.However, as the market slowed in 2014, two segments of the market bucked the trend, it reveals. ‘Demand for entry level one bed apartments continued to outstrip supply so that it will be no easier to buy a pied a terre...

Read More

Four New Areas Join the London Postcode Rich List

20 January 2015

Four new areas, Vauxhall and Nine Elms, Victoria and Pimlico, Hampstead and Holland Park and West Kensington, have joined the elite group of London postcodes where homes cost and average of £1,000 per square foot. Eye-watering price rises over the past year in SW8, the postcode for Vauxhall and Nine Elms, are being credited on the demand of overseas investors who have pushed average values per square foot up 32%, from £841 to £1,107 over the past yearIn Pimlico and Victoria, SW1, another area where thousands of new homes are being built, average prices per square foot rose 16% from £966...

Read More

57 Reasons Why Living in London Ruins You For Life

12 January 2015

Recently, an excellent story was posted to the BuzzFeed website. It stated that there were ’57 Reasons Why Living in London Would Ruin Your Life’, but not because it is a bad place to live, but where else could you live after being here for any length of timeThe full list can be found by clicking on the link below, but here are a few of our favourite from their list.http://www.buzzfeed.com/floperry/reasons-living-in-london-ruins-you-for-life#.lplxpLrBOOBecause the view from the top of Parliment Hill will take your breath away.Because you’re surrounded by sme of the most important historical buildings in the country.Because of the view...

Read More