Category Archives: Estate Agents

Cash is king in prime property purchases

Buy-to-let investors and second-home owners were behind three in five property purchases made in Prime London during Q1 2016, boosting the proportion of purchases made in cash, according to estate agent Marsh & Parsons’ latest London Property Monitor. 

Accounting for 36% of all sales from January to March, buy-to-let investors were the most prolific type of buyer across Prime London in the three months immediately preceding the April 1st implementation of an additional 3% Stamp Duty. This represents a significant spike from 26% of purchases during the previous quarter, and a sudden reversal of the recent trend of weakening investor influence. Investor share of the market has been in slow decline last year since it peaked at 37% in Q4 2014.
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18% rise in mega deals across Europe

International real estate advisor Savills latest Market in Minutes states that there has been an 18% increase in mega deals, those over €100 million, year on year in Q1 2015.

Additionally, the firm has also found that portfolio transactions have increased by 23% year on year accounting for more than two thirds of the value of all mega deals and 45% of the total transaction volume. Continue reading

Proximity to a Boris Bike helps attract home buyers

The continued expansion of London’s cycle hire scheme will benefit home sellers living near bike docking stations – and attract potential buyers to living in previously less well-connected areas – according to estate agent Marsh & Parsons.

Santander is to assume sponsorship of the ‘Boris Bike’ programme from April and is committed to further growing and developing the scheme, which already offers Londoners the use of 11,500 bikes across more than 700 docking stations. Transport for London has identified a further 1,000 potential docking stations, to materialise by early 2016. Continue reading

Countrywide announces support for Homes for Britain campaign

Countrywide plc, the UK’s largest integrated estate agency and property services group has announced its support for the Homes for Britain campaign.

Driven by a number of leading organisations from across the property industry, including the National Housing Federation, the Chartered Institute for Housing and Crisis, Homes for Britain brings together the entire housing sector for the first time and calls upon Government to place housing at the top of the political agenda. Continue reading

Paul McCartney’s childhood home to go under the hammer

Beatles fans will have the opportunity to purchase a piece of history when Paul McCartney’s former childhood home goes to auction at the renowned Cavern Club in Liverpool at 7:00pm on 26 February 2015.

The humble three-up, two-down terrace home of 72 Western Avenue in, Speke, Liverpool, was where Paul McCartney lived with his parents until the mid 1950’s. Continue reading