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Don’t Fall for Estate Agent Pressure Tactics

June 3, 2015 By admin Leave a Comment

Catchphrases, soundbites and sayings. They may sound pithy and clever but often they obscure the truth. An estate agent recently said to me that “He who hesitates is lost”. He was referring to a nice apartment that has just become available and that it would sell quickly. I expect he may be right. However, this […]

Filed Under: Buying Advice, Prime London Real Estate, Property News

Are House Prices Set to BOOM?

August 26, 2014 By admin Leave a Comment

Don’t believe the hype. Last week we highlighted a story that suggested house prices were about to crash. The article was based on Rightmove’s asking price figures. Two days later Rightmove provided data that was heralded by the bulls: it reported that national average asking prices are now 8.2% higher than the May 2008 peak. Asking […]

Filed Under: Property News

Are London House Prices About To Crash?

August 21, 2014 By admin Leave a Comment

One of the joys of going on holiday is that I can escape the barrage of information on London property that I sift through every day. And trust me there are an awful lot of statistics, articles and opinions spewed forth every day. Some of it is enlightening while much of it is simply wrong […]

Filed Under: Property News

Asking Prices Fall in London

June 18, 2014 By admin 1 Comment

Asking prices are down 0.5% according to Rightmove. This is hardly a gargantuan swing in the market. Nevertheless, it shows that there is a definite mood change. Indeed there has been a huge increase in the number of price reductions (or price “adjustments” as the agents like to describe them…) in the past month. As […]

Filed Under: Buying Advice, Prime London Real Estate, Property News

Changes to the UK Mortgage Market

June 5, 2014 By admin Leave a Comment

If you do not plan to use a mortgage to buy a property then you can ignore this post. If you are, then this is important. The Mortgage Market Review (MMR) was launched about 4 weeks ago by the Financial Conduct Authority. The idea was to create a system that ensured that the banks lent […]

Filed Under: Property News

Foreigners Strong Desire for London Property

April 25, 2014 By admin Leave a Comment

“Foreigners have an unhealthily strong desire for London property”. This is the view of a Reuters Breaking views’ columnist. Good headline grabbing stuff although I am not quite sure for whom the desire is unhealthy. Of course, there are concerns that London house prices are in bubble territory. If judged against the earnings of London […]

Filed Under: Property News

New Tax Regime For Prime London Property

March 20, 2014 By admin Leave a Comment

Yesterday was Budget Day. A day that politicians and journalists live for but the rest of us could quite happily miss. In fact rather than hours of coverage most sane individuals would rather a brief synopsis of the major points. So here are the key points with regards to property: The government really doesn’t like […]

Filed Under: Property News

London Property: Ghost Gazumping

March 18, 2014 By admin Leave a Comment

Ghost gazumping is the new hot phrase in London property or so I am told. It appeared in an article in The Financial Times recently and has led me to some rather feeble gags about haunted houses. But what is it and should you be worried. The phenomenon is nothing actually new. Ghost gazumping is […]

Filed Under: Buying Advice, Property News

Property Fraud In St Johns Wood

February 25, 2014 By admin Leave a Comment

This caught my attention this week. An 88 year old man has been conned by an estate agent. The agent based in St John’s Wood sold the gentleman’s house for £999,999 (just below the 5% stamp duty threshold). The house was in fact worth £1.8m. The agent sold it to his brother-in-law, a property developer. […]

Filed Under: Property News

How To Negotiate When Buying A Property

February 12, 2014 By admin Leave a Comment

Greed is a powerful motivator. Lack of knowledge normally leads to bad decisions. The combination of the two normally leads to expensive mistakes. You can use this to your advantage. I recently wrote about a house in Notting Hill I had just acquired for some clients. The seller had previously rejected an offer that was […]

Filed Under: Property News

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  • The Great Brexit Lie https://t.co/8rps0g0HiT May 25, 2016 12:33 pm
  • Massive Developer Discounts – An Opportunity or a Trap for Property Buyers? https://t.co/DQx1RBBmI7 May 18, 2016 2:19 pm
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