Property News

Building society chief responds as stock market falls and pound slides after Kwarteng’s mini-budgetMortgage rates in the UK will rise further in coming days, and the next 10 days in financial markets will be crucial in determining how high they will go, according to the head of Principality building society.Experts are predicting that a […]

By Niva Chittock of RNZ A Consumer New Zealand investigation has found some rental property agencies are collecting unnecessary, and in some cases potentially illegal information, from prospective tenants.Earlier this year,… Source : nzherald.co.nz/Property Read more…Some rental property agencies collecting unnecessary, potentially illegal information from applicants

Thousands of homes are sold each day across the country, and each has it is own story, from the drug- and crime-ridden streets of a former mining town to the ever more bizarre demands of the super-richStatistics tend to define the way we think about property. As a nation, we buy and sell more […]

Source : telegraph.co.uk Read more…Bank of England ‘will not hesitate’ to raise interest rates as pound plummets – live updates

Hong Kong has been Asia’s leading logistics hub for decades. But what exactly is driving the recent sharp rise in demand for cold storage? Source : South China Morning Post Read more…Investors eye Hong Kong cold-storage assets amid rising Greater Bay Area links, demand surge among F&B sector

Commercial property owners in Shanghai find themselves beset by high vacancy rates and demands for rent reductions as China’s zero-Covid policies continue to suppress the retail and restaurant trades. Source : South China Morning Post Read more…Shanghai commercial landlords pinched by high vacancies, rent-cut demands as zero-Covid policies take toll on tenants

Virgin Money and Skipton Building Society withdraw deals for new customers as drop in pound leaves banks unable to price productsUK lenders Virgin Money and Skipton Building Society temporarily withdrew mortgage deals for new customers on Monday, reacting to financial market volatility prompted by the government’s mini-budget.Lenders were struggling to accurately price their products, […]

Source : telegraph.co.uk Read more…Doncaster Sheffield Airport to close in blow for levelling up agenda

Source : telegraph.co.uk Read more…Ericsson keeps supplying Russia despite Ukraine invasion

Green graduates set to save the future, turning scraps into kitchen knives and new art from director Mark Cousins This month London Design Festival marked its 20th anniversary and, at the Medals Dinner held in St Bart’s Great Hall last week, Sir John Sorrell recalled how in the early years he was always asked […]

Source : telegraph.co.uk Read more…Why the pound is falling, what it means – and what can be done about it

Source : telegraph.co.uk Read more…Unilever boss to retire after failed bid to buy GSK’s Haleon for £50bn

Source : telegraph.co.uk Read more…Dollar surge continues as Putin’s war downgrades global economic growth

I could use the £200 a month to overpay on my repayment mortgageQ My endowment is due to mature next year in September. It is a nonprofit policy, so there is no bonus for letting it mature.The endowment is currently valued at about £51,000, which is about £10,000 more than my current mortgage. The […]

Evergrande can only watch as receivers of its Hong Kong headquarters building in Wan Chai engage Savills to put the asset on the market to recover debt. Source : South China Morning Post Read more…Evergrande crisis: receivers put Hong Kong trophy headquarters building on market as lenders run out of patience

Average price of homes coming to market in September increased by 0.7% on previous month to £367,760, says RightmoveHouse sellers have continued to raise their asking prices despite borrowers facing higher interest rates and the cost of living squeeze, data from property portal Rightmove shows.The average price of a home coming to market increased […]

Stoke-on-Trent, Staffordshire: It feels like sitting in a crypt – I am surrounded by the skeletons of dried perennialsI try not to make excuses so I’m just going to tell the truth: everything in my garden is dead. The drought was fierce and I was sick, distracted. I couldn’t bear to look at it […]

Source : telegraph.co.uk Read more…Sterling crumbles to record low – live updates

Land betterment charge rates for non-landed residential use raised by 12.9%, more million-dollar HDB flats sold in first nine months of 2022 than whole of 2021, and more20th September to 26th September 2022 The Singapore Land Authority (SLA) has unveiled the revised land betterment charge (LBC) rates for the period 23 September 2022 to 28 February […]

Experts say ditching concrete and creating mini wetlands could help water systems cope better with effects of extreme weatherThis year has seen one of the driest summers on record, with most of the country still officially in drought. Millions of people in England are under hosepipe bans because of water shortages, and reservoir and […]

A derelict property in Surrey has been transformed into a storybook haven for artistsThe garden designer Anthony Paul has lived in the same black-and-white cottage in the Surrey Hills for more than 40 years. He is surrounded by villages that recall the trees that once defined the landscape: “Ockley, Forest Green, Ewhurst, Holmwood – […]

Hardy aroids are so much easier to grow than their exotic and expensive cousins – but they look just as goodThe post-pandemic years have seen an absolute explosion of interest in exotic aroids. With their dramatic, architectural foliage and dazzling leaf patterns, they have sold for tens of thousands of pounds online – not […]

It’s an expert task, assessing which trees need trimming, which taken, which left aloneWe leave Denmark with the leaves falling. The rowan is reddening, berries and branches. The cherry trees turning like in a watercolour painting. Autumn’s gathering on the ground.Bo, the woodsman, is coming. There are dividing trees to be trimmed. Many haven’t […]

Source : telegraph.co.uk Read more…How Mark Zuckerberg got lost in a bizarre virtual world

Source : nzherald.co.nz/Property Read more…Mount couple’s .31m bid to flee hustle and bustle ends in record sale

Research by the Liberal Democrats shows that key workers will be worse off next year but top bank bosses will enjoy huge perksTeachers and nurses will see their income taxes increase next year while top bank bosses will enjoy a cut worth more than £100,000, according to a new analysis of Kwasi Kwarteng’s mini-budget.While […]

Let no one stand in the way of the property ambitions of Guy Ritchie and coSupposing the one per cent read newspapers, some of them may have become dimly aware of a cultural glut, last week examined by my colleague Vanessa Thorpe, of entertainment about the greed and awfulness of the one per cent.Though […]

Longer-lasting and better for the planet, British cut flowers are the future. These London cut-flower girls explain how to grow your own‘People just need to try it,” says Camila Romain, one half of urban flower farming duo Wolves Lane Flower Company. “We get emails from people saying, ‘I want to do the learning, and […]

People living in empty buildings at cheaper than the market rate are facing steep increases and possible lawsuitsFirms that house residents in buildings that would otherwise sit empty have been accused of raising costs during the cost of living crisis, with one company reportedly increasing some fees by more than 100%.It means property guardians […]

Source : telegraph.co.uk Read more…Kwarteng gambles on biggest tax cuts in half a century

Auckland’s building boom appears to have cooled with 1500 fewer homes built in the past year and dropping demand from buyers.Auckland Council issued 12,874 Code Compliance Certificates for finished newbuilds in the 12 months to… Source : nzherald.co.nz/Property Read more…Is Auckland’s building boom cooling off? 1500 fewer homes built in past year

We’re interested to hear from people living in the borough of Westminster and are trying to find affordable housingHomes acquired with “dirty money” in the richest parts of London – areas in the borough of Westminster – could be seized and turned into affordable housing under plans to crack down on oligarchs using Belgravia, […]

Property-hunters on how permanent reduction for purchases in England and Northern Ireland will impact themChancellor Kwasi Kwarteng has announced a permanent stamp duty reduction for property purchases in England and Northern Ireland – a move that forms part of a mini-budget critics say will reward the rich more than those on lower incomes.Under the […]

Source : telegraph.co.uk Read more…Axeing banker bonus cap will turbocharge City, says Kwarteng

Source : telegraph.co.uk Read more…Alcohol tax frozen in attempt to water down price increases

Source : telegraph.co.uk Read more…Goldman Sachs chief used bank’s private jet for side gig as a DJ

As chancellor announces no tax to be paid on properties up to value of £250,000, we explain changes across UKKwasi Kwarteng’s mini-budget: key points at a glanceLive updates: Kwasi Kwarteng announces mini-budgetThe chancellor, Kwasi Kwarteng, has confirmed a permanent stamp duty cut, with no tax to be paid on properties up to the value […]

From income tax to stamp duty and national insurance, how Kwasi Kwarteng’s announcements could affect youKwarteng scraps top 45% rate of income tax and cuts stamp dutyThe chancellor, Kwasi Kwarteng, has announced a sweeping package of measures in his mini-budget, including a swathe of tax cuts that will have a huge impact on millions […]

Kwasi Kwarteng has delivered his first budget since being appointed to Liz Truss’ cabinet. On Friday the chancellor laid out plans to cut stamp duty, scrap bankers’ bonuses and get rid of the highest band of income tax in a statement made in parliament. The Treasury has released a document showing the newly introduced […]

Source : telegraph.co.uk Read more…The 10 key quotes that reveal Kwarteng’s ‘new era’

Watching the Queen’s funeral made me think about all those I have loved and all those I have lostThe funeral, of course. We were all OK until the lone piper, yes? Continue reading… Source : theguardian.com Read more…Digested week: What are the royals for? Showing me how long I’ve lived | Lucy Mangan

Put this rare, velvety plant with pendent leaves on show – it’s like a work of artWhy will I love it?The Anthurium pallidiflorum, or strap-leaf anthurium, is a rare plant characterised by long, slender pendant leaves, dark and velvety in texture, which creates a sculpture-like display. I discovered it on Instagram and rare plant […]

It’s about putting the right plant in the right place, which means knowing your soil and the plant’s soil needsThe harsh, hot summer has changed things: we will have to garden differently from now on. Capitalism has seduced us in the garden as it has elsewhere – we’ve been lured by pretty things and […]

Extending Scotland’s rent freeze would help millions of renters like me who are struggling to pay their billsJazmyn Sadri is a member of the London Renters UnionAt the height of the pandemic, I received a letter from the letting agent that managed the flat I was renting. I opened it, thinking it would be […]

The chancellor has delivered his mini-budget – here are the main points, with political analysisKwasi Kwarteng announces sweeping tax cuts in mini-budgetLive updates: Kwasi Kwarteng announces mini-budgetKwasi Kwarteng says the government was never going to let households face soaring energy bills caused by Vladimir Putin’s war in Ukraine.Reversing the tax rise will put £19bn […]

Source : telegraph.co.uk Read more…Key points: Kwasi Kwarteng reveals plan for tax cuts in mini-Budget

Source : telegraph.co.uk Read more…Kwasi Kwarteng to slash taxes in mini-Budget – live updates

From making a pub a home from home to a house where old meets new Continue reading… Source : theguardian.com Read more…Thatched cottages for sale – in pictures

The Underground in Bloom competition showcases the talents of green-fingered TfL staff, who have turned tube and bus stations across the capital into havens for plants and trees, as even fruit and vegThe first official garden popped up at a London Underground station more than a century ago. Now, there is an annual Underground […]

Source : telegraph.co.uk Read more…Train strikes: new date added for October rail walkouts

A 3.02ct pear-shaped clarity solitaire diamond platinum ring sits on one side of the new Costco Warehouse at Westgate.Its price? $149,999.Across the other side of the 1.4ha store, Australian-made Kirkland Signature 3-ply 48-roll… Source : nzherald.co.nz/Property Read more…First look at Costco Warehouse prices: 9,999 diamond ring to 48-roll toilet paper packs

While potential homebuyers might have lost HK$1 million (US$127,390) in buying power so far this year, homeowners will see their mortgage payments go up after banks raised their prime rates. Source : South China Morning Post Read more…How Hong Kong homebuyers have seen their purchasing power shrink by HK million since January

Source : telegraph.co.uk Read more…Kwarteng warns Bank of England over blaming Ukraine war for inflation

Source : telegraph.co.uk Read more…October train strikes: planned dates for upcoming rail walkouts

The limited offer came on the day when five of Hong Kong’s largest banks raised their prime rates for the first time in four years, hot on the heels of a 75-basis point increase in base rate by the local monetary authority. Source : South China Morning Post Read more…First-home buyers swoop in […]

Banks and building societies increased charges that could add thousands to some people’s home loan costsBanks and building societies had already begun putting up mortgage interest payments before the Bank of England announced its latest base rate hike to 2.25% – piling more pressure on homebuyers and owners.For some, the increased charges could add […]

Source : telegraph.co.uk Read more…TfL chief nicknamed ‘Train Daddy’ quits as network struggles with strikes

Source : telegraph.co.uk Read more…Jacob Rees-Mogg lifts fracking ban in bet on shale gas revolution

We would like to hear from first time buyers and others who would be affected by a cut in the property transaction taxThe government is expected to announce that it will cut stamp duty in order to help offset a potential slowdown in the housing market as interest rates rise. However, analysts have warned […]

Source : telegraph.co.uk Read more…Jacob Rees-Mogg in line for payday from sale of investment firm – live updates