New research from Halifax shows that the value of the UK’s private housing stock rose by £1.8 trillion (84%) in the decade to 2011.
The value of the housing stock at the end of 2011 is estimated at £3.9 trillion, up from £2.1 trillion in 2001.
The increase of £1.8 trillion over the decade is equivalent to [...]
The value of prime property in the world’s key cities rose by only 0.2% in the final quarter of 2011, according to the latest Knight Frank Prime Global Cities Index.
Although the Index, which tracks the performance of the world’s leading luxury residential markets, rose by 3% during 2011, the second half of the year saw [...]
Although parents are more likely to buy protection, almost two-thirds (60%) do not have any cover in place.
The research from Ageas found that less than one in ten (9%) people have bought critical illness (CI) protection, while 12% have pet insurance.
One fifth of parents said they would have to rely on savings if they needed [...]
Property is usually the most valuable asset people own. It can be sold and mortgaged to raise money and is therefore an attractive target for fraudsters.
The properties most vulnerable to fraud are usually empty, tenanted or mortgage-free.
Individuals at a higher risk of fraud include owners who are absent for whatever reason; for example because the [...]
Returns on student housing have nearly doubled year on year in London jumping from 8.4% in September 2010 to 15.1% in September 2011, according to the latest Knight Frank annual student accommodation index.
James Pullan, head of student property, Knight Frank, said: “Limited supply coupled with rising global interest in the UK’s educational excellence points towards [...]
Gold has continued to be dependable and solid throughout the euro zone debt crisis, bank bailouts and changes of government bought about by financial needs rather than political.
According to Valbury Capital, the price of gold will continue to be driven by fears over sovereign debt default, the solvency of the banking system and the threat [...]
Inflationary pressures fell in the UK in December, as CPI consumer price inflation fell back to 4.2% over the year, down from 4.8% for the year to November.
The last time there was a sharper decrease in the annual inflation index was between November and December 2008.
The annual rate of inflation excluding the impact of indirect [...]
House prices will increase by 15% over the next four years due to a shortage of properties in the face of rising demand, according to economists.
The Centre For Economic And Business Research (CEBR) forecast that the average price of a three-bedroom home will rise by more than £25,000 by 2016,
This would take the average price [...]
Overall, prime central London prices have gained 40% from the low point hit following the collapse of Lehmans.
According to the latest Prime Central London Index published by Knight Frank, demand from cash-rich buyers and foreigners looking for a safe haven for investment have caused prime house values to rise more than 7% higher than they [...]
The UK economy may be suffering from the economic downturn – but not so one of the country’s most famous and exclusive brands.
Sales of Rolls-Royce Motor Cars – now owned by BMW – surged 31% in 2011 to 3538 cars.
That figure is the highest number of vehicles sold any year in the company’s history, which [...]
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