Latest News

24
July, 2012
Olympics aren't boosting London property prices

With the London Olympics opening ceremony just weeks away, the promise of rocketing house prices in the areas surrounding the Olympic site has not been fulfilled. A key element of London's successful bid for the 2012 Olympic and Paralympic Games was the promise of a major transformation of East London - formerly an unsightly industrial area characterised by overhead power lines strung between large metal towers, polluted waterways, old scrap yards, abandoned factories, piles of used cars and heaps of discarded refrigerators. Read more »
15
July, 2012
No 'Olympic' house prices

Property prices in the vicinity of Olympic Park in London have not seen the anticipated revival. Despite huge hype prices in Stratford - to the east of the area where the Olympic Games begin later this month - have underperformed, as indicated by a report by residential market analyst Hometrack. According to the report average values in Stratford in 2001 were 30% to 35% below property values in the Greater London area. Read more »
12
June, 2012
London homes cost 130 times more than when Queen Elizabeth II was crowned

At a time when Britain is gearing up for the Diamond Jubliee celebrations, research shows that the average home in London costs 134 times the price in 1952 and 21 times more than in 1977. At the time of the coronation of Her Majesty Queen Elizabeth II in 1952 the average price of a London home was £2 650, jumping to £16 493 at the time of her Silver Jubilee in 1977. Read more »
15
February, 2012
All roads lead to London

Observers say that since the Reserve Bank relaxed exchange control in 2010, allowing individuals to invest R4m offshore, South Africans' appetites for brick and mortar investments in the British capital have increased dramatically. The London residential markets has over the years consistently performed better than housing markets in other global cities. From the latest Knight Frank Prime Global Cities index it appears that prime property in London saw 12.1% growth year on year last December. Read more »
05
February, 2012
Wealthy follow the trail to London

For wealthy South Africans who want to expand their property portfolio offshore, all roads lead to London. Observers say that since the Reserve Bank relaxed exchange control in 2010, allowing individuals to invest R4m offshore, South Africans' appetites for brick and mortar investments in the British capital have increased dramatically. The London residential markets has over the years consistently performed better than housing markets in other global cities. Read more »
24 July 2012

Olympics aren't boosting London property prices

With the London Olympics opening ceremony just weeks away, the promise of rocketing house prices in the areas surrounding the Olympic site has not been fulfilled. A key element of London's successful bid for the 2012 Olympic and Paralympic Games was the promise of a major transformation of East London - formerly an unsightly industrial area characterised by overhead power lines strung between large metal towers, polluted waterways, old scrap yards, abandoned factories, piles of used cars and heaps of discarded refrigerators. Read more »
15 July 2012

No 'Olympic' house prices

Property prices in the vicinity of Olympic Park in London have not seen the anticipated revival. Despite huge hype prices in Stratford - to the east of the area where the Olympic Games begin later this month - have underperformed, as indicated by a report by residential market analyst Hometrack. According to the report average values in Stratford in 2001 were 30% to 35% below property values in the Greater London area. Read more »
12 June 2012

London homes cost 130 times more than when Queen Elizabeth II was crowned

At a time when Britain is gearing up for the Diamond Jubliee celebrations, research shows that the average home in London costs 134 times the price in 1952 and 21 times more than in 1977. At the time of the coronation of Her Majesty Queen Elizabeth II in 1952 the average price of a London home was £2 650, jumping to £16 493 at the time of her Silver Jubilee in 1977. Read more »
15 February 2012

All roads lead to London

Observers say that since the Reserve Bank relaxed exchange control in 2010, allowing individuals to invest R4m offshore, South Africans' appetites for brick and mortar investments in the British capital have increased dramatically. The London residential markets has over the years consistently performed better than housing markets in other global cities. From the latest Knight Frank Prime Global Cities index it appears that prime property in London saw 12.1% growth year on year last December. Read more »
05 February 2012

Wealthy follow the trail to London

For wealthy South Africans who want to expand their property portfolio offshore, all roads lead to London. Observers say that since the Reserve Bank relaxed exchange control in 2010, allowing individuals to invest R4m offshore, South Africans' appetites for brick and mortar investments in the British capital have increased dramatically. The London residential markets has over the years consistently performed better than housing markets in other global cities. Read more »