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  • November 29, 2014
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  1. Property - International - BRITAIN

    Fears of proposed 'mansion tax' hit prices of luxury property in London

    Posted Oct 29th 2014, 05:28am by Bloomberg

    ... Bloomberg in London Asking prices for luxury London flats are lowered amid concern about opposition Labour Party's proposed tax on high-end property Mansion tax fears hit London ... the property developer who helped conceive the One Hyde Park apartment project, said at a conference this month. The luxury-home market "may have a slowdown towards the back end of this year, ...

  2. Property - International - BRITAIN

    London workers get taste for Canary Wharf living

    Posted Nov 12th 2014, 07:13am by Reuters

    ... where everything goes on 24 hours a day and is all on your doorstep when you need it". Canary Wharf Group's first foray into residential development has already attracted would-be buyers to it. Last week, the company rejected a £2.2 billion (HK$27 billion) takeover approach from the Qatar Investment Authority and Brookfield Property Partners, saying it undervalued ...

  3. Property - International - BRITAIN

    New powers eyed for Bank of England over mortgages

    Posted Nov 05th 2014, 04:04am by Reuters

    ... government published proposals to give the Bank of England new legal powers to control residential mortgage lending last week, but said it wanted more evidence before deciding on a request by the central bank to regulate lending to landlords. The proposals are in line with finance minister George Osborne's desire to give the Bank of England greater oversight of residential mortgage ...

  4. Property - International - BRITAIN

    London home prices lose their fizz as construction booms in city

    Posted Oct 08th 2014, 07:16am by Bloomberg

    ... as construction booms Twenty-one cranes loom over the south bank of the River Thames from Battersea Power Station to the St George Wharf tower. Here, in the biggest concentration of residential projects ... at the luxury end of the market, where rising supply has already reduced the premium paid for new flats over existing ones to 43.1 per cent at the end of the first quarter from 67.6 per cent in 2012, ...

  5. Property - International - BRITAIN

    Chinese developers tipped to invest in luxury London market

    Posted Aug 07th 2013, 12:00am by JUN CONCEPCION

    ... Jun Concepcion property.post@scmp.com Falling pound and capital's growth prospects make market ripe, says head of luxury developer Chinese tipped to make hay while London shines More property developers from China are expected to enter London's luxury residential market over the next 12 months, lured by the city's bright growth potential. Hong Kong developers might ...

  6. Property - International - BRITAIN

    Lloyds banker bearish on London's luxury property market

    Posted Mar 26th 2014, 07:34am by BLOOM

    ... way' story and that fills me with grave concern. So I feel like the market needs a correction." London luxury residences have been the best-performing British properties since 2009 ... Bloomberg in London Lloyds executive says top-performing British sector due for correction Banker bearish on London's luxury market Lloyds Banking Group plans to avoid funding ...

  7. Property - International - BRITAIN

    Lenders reject builders as land values rise sharply in London

    Posted Jul 09th 2014, 05:02am by Bloomberg

    ... and renegotiate the purchase price." Sandhu's company rejects 98 per cent of approaches for credit on predominantly residential projects. Central London residential land prices jumped about 26 ... properties and demand ebbed, property website operator Rightmove said in a report. "We do see people potentially overpaying for land," said Chris Philp, the chief executive of Pluto ...

  8. Property - International - BRITAIN

    Growth in London house prices forecast to slow to 3pc

    Posted Aug 13th 2014, 05:05am by Bloomberg

    ... probably climb 15.5 per cent this year, it said, more than double its previous estimate. London's residential property values rose at their slowest pace in 15 months in June, after leading ... of England culminating in the implementation of more stringent affordability regulations," said Fionnuala Earley, director of residential research at Hamptons. Home prices across England ...

  9. Property - International - BRITAIN

    London developers to build more luxury homes, EC Harris forecasts

    Posted Nov 27th 2013, 04:40am by BLOOM

    ... There was a risk that those investors would grow weary of repeated sales exhibitions promoting London property, Mark Farmer, head of residential at EC Harris, said in the company's report. ... Bloomberg Builders plan to increase supply despite slowing price gains and prospect of higher taxes London luxury-home development to speed up Luxury-home developers plan to build more ...

  10. Property - International - BRITAIN

    Londoners priced out of home market blast foreign buyers

    Posted Apr 09th 2014, 04:28am by Bloomberg

    ... spread from luxury properties in boroughs such as Knightsbridge and Chelsea to new houses and flats as builders used advance sales, many to buyers from Asia, to finance projects amid tight ... that only foreign investors can afford. Luxury-home developers, which often sell 30 per cent of flats abroad to finance construction, planned to build more than 20,000 properties in the capital ...




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