Private investors acquire £1.3bn of London office assets over 12 months Knight Frank’s latest research report on the capital’s office market has highlighted that over the last year, family offices and ultra-high-net-worth individuals have purchased £1.3bn worth of London office assets. Such high transaction volumes by wealthy private investors have been a by-product partly of […]
Author archives: charlie
News in Review
“The broader picture looks more positive, with the economy growing across the services, production and construction sectors in the last three months” Latest official figures from the Office for National Statistics (ONS) estimate that the UK economy contracted by 0.5% in July. The reduction was higher than the 0.2% decline which had been forecast by […]
News in Review
“India is going to be one of the most significant countries geopolitically over the next years and decades, and it’s vitally important for the UK to deepen our ties” The G20 summit concluded in Delhi on Sunday with a joint declaration that denounced using force for territorial gain but fell short of explicitly condemning Russia. […]
News in Review
“The fight against inflation is carrying a heavy cost in terms of heightened recession risks” Early S&P Global/CIPS UK Purchasing Managers’ Index (PMI) survey data for August has highlighted that weaker household spending and increasing interest rates contributed towards a decline in demand for both services and goods during the month. The key business survey, monitoring […]
Residential Property Review – August 2023
Demand down but activity remains robust The residential sales market experienced further negative indicators in July, according to the latest UK Residential Survey by the Royal Institution of Chartered Surveyors (RICS), with new buyer enquiries and agreed sales volumes continuing their decline. At the national level, new buyer enquiries recorded a net balance of -45% […]
Commercial Property Review – August 2023
Higher interest rates dampen investment The results of the Q2 2023 RICS UK Commercial Property Monitor point to a renewed setback for the commercial property market, with an upward shift in interest rate expectations weighing on investor demand and placing downward pressure on capital values. The survey shows a clear majority of respondents (68%) are […]
News in Review
“Inflation has fallen rapidly over the past six months” The latest inflation data from the Office for National Statistics (ONS) has shown that the Consumer Prices Index (CPI) measured 6.8% in the 12 months to July 2023, down from 7.9% in June, the lowest rate since early 2022. Prime downward contributors during the month derived […]
Home insurance for home renovations
Home renovations are a popular way to give your property a new lease of life. When undertaking large-scale projects, there is a lot to think about – and the impact on your home insurance should be part of this planning. In the loop As well as producing detailed plans, seeking planning permission and choosing your […]
How up to date are you with your pension?
Here are a few things to consider. How much is in your pension pot? According to research1, three quarters of UK adults don’t know how much is in their pension pot. This figure rises to 79% of 55 to 64-year-olds who say they can’t put a figure on the value of their pension – especially […]
Wealth planning – striking a balance
While recent financial challenges have taken their toll on everyone’s pockets, it comes as no surprise that parents are putting concerns about their children’s finances above their own, as highlighted in a recent survey of advisers1. Over half (55%) of the advisers surveyed noted that adult children were taking priority in clients’ wealth planning at […]