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Supply and demand laws keep farmland prices high
Fri, 30 Jul 10
Supply and demand laws keep farmland prices high Friday, 30 July 2010 09:22 Mike Jones News - Land & Developments Prices for farmland remain high, driven by increased demand for commercial farmland and a continued lack of supply, according to today's RICS Rural Land Market Survey.Over the past six months 47% more chartered surveyors reported a rise rather than a fall in demand for commercial farmland.This was up from 31%......more > |
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Interest holds firm in international property
Fri, 30 Jul 10
Interest holds firm in international property Friday, 30 July 2010 09:24 Mike Jones News - Overseas Interest in international property remains resilient, according to the latest Primelocation International Search Index.Total searches for overseas property were down 7% in June but up by 138% on the same period last year.The results indicate that, despite the controversy ahead of the rise in Capital Gains Tax to 28%, financial pressures do not seem......more > |
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New High Street bank opens doors
Fri, 30 Jul 10
New High Street bank opens doorsMetro Bank chairman Anthony Thomson: "We want to give customers a great experience"The first High Street bank to launch in the UK for more than 100 years has opened its first branch in Holborn in London.Metro Bank says it will emphasise good customer service, including long opening hours seven days a week.The bank will open 10 more stores in the next two years, and aims......more > |
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Britain to be biggest country in Europe by 2050
Fri, 30 Jul 10
Britain to be biggest country in Europe by 2050Britain will be the biggest country in Europe by 2050, overtaking both France and Germany, according to official projections. By Harry Wallop, Consumer Affairs EditorPublished: 4:56PM BST 29 Jul 2010190 Comments Europe's population will fall in the next 40 years, but Britain's population will swell by 15 million to hit 77 million Photo: PA Britain will see its population swell from today's......more > |
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£70,000 beach hut classed as a bargain
Fri, 30 Jul 10
£70,000 beach hut classed as a bargain Friday, 30 July 2010 09:20 Mike Jones News - Holiday Homes A beach hut has gone on sale for a "bargain" £70,000, in Branksome, Dorset.The Bournemouth Daily Echo reports that some of its readers "may scoff at the hefty price tag" - but estate agent Alec Fry, from Savills in Canford Cliffs said: "When you see huts like these sell for more than......more > |
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Weak demand sees house prices fall - Nationwide
Fri, 30 Jul 10
Weak demand sees house prices fall - Nationwide Friday, 30 July 2010 09:25 Mike Jones News - House Prices House prices fell by 0.5% in July on the back of weak buyer demand, according to the latest Nationwide Monthly House Price Index.The annual rate of house price inflation fell back further from 8.7% to 6.6%, as buyers remain in short supply.Nationwide's Chief Economist Martin Gahbauer said: "House prices fell in......more > |
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Osborne in India
Fri, 30 Jul 10
Osborne in IndiaStephanie Flanders | 09:23 UK time, Wednesday, 28 July 2010 Mumbai: It rains a lot in Mumbai in July. Sheets of rain. Frequently, and without notice. I'm here with the chancellor's delegation and no-one has brought an umbrella. It goes with the general theme of the trip: go with the flow. There will be no lectures, no talk of poverty, or human rights - just business, pure and......more > |
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Bank of England governor hints rates will stay low
Thu, 29 Jul 10
Bank of England governor hints rates will stay lowThe governor of the Bank of England, Mervyn King, has said he is more concerned about the strength of the recovery than inflation.Mervyn King: "It's right to keep our foot firmly on the monetary accelerator"His comments, made during an appearance in front of the House of Commons' Treasury Committee, suggest he believes interest rates should stay low for the foreseeable future.Mr King......more > |
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House prices continue to edge upwards - Land Registry
Thu, 29 Jul 10
House prices continue to edge upwards - Land Registry Thursday, 29 July 2010 09:41 Mike Jones News - House Prices House prices rose slightly between May and June, according to the latest Land Registry figures.They have edged up 0.1% since May - taking the average house price in England and Wales to £166,072.June data from Land Registry's House Price Index shows an annual price increase of 8.4%.This is the eighth......more > |
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Luxury fashion drives global retail property expansion
Thu, 29 Jul 10
Luxury fashion drives global retail property expansion Thursday, 29 July 2010 09:42 Mike Jones News - Commercial Luxury goods retailers have emerged as the most active and expansive retail sector, responsible for more than 23% of new store openings during the past year, according to the new edition of How Global Is The Business of Retail? by real estate adviser CB Richard Ellis.CBRE’s annual survey mapped the global footprint of......more > |
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