A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn
Interesting times. Currently, we are being fed information regarding something we cannot see or have a grip off. Therefore, we are lapping up all we are fed. Even the official narrative does not make sense, even within its own narrative.
Currently we are focusing our energies on a couple of land deals. I went to see one of them on Friday to get a feel for the area and the local village. I was pleasantly surprised. You get blinkered working in London, and tend not to see anything...
It’s a funny market at the moment. The recent auction results from auctioneers who have a strong presence in the market place shows a drop in sales figures. Savills had a 67% sales rate and Barnard Marcus had 68%. Ordinarily, these figures...
It was about a month ago when I showed an Iranian doctor a property in W2. The flat was a two bedroom top floor period conversion, in a location which was due to rise over the coming years. This assumption is backed up by a Knight Frank report...
Towards the end of last week I went to see a one bedroom property in Kentish Town. I knew nothing about the property, it was sourced by a colleague and I was simply told to go, as often I am.
A couple of weeks ago I went to see an elderly couple who had the fearlessness to invest in a BTL property a few years back.
Currently I’m working on a deal with a chap who’s run into some financial difficulty, but is making out he hasn’t. In fact, he’s going so far the other way, its endears suspicion.
There are three categories, which if a seller is in, you are likely to get a good deal done: death, divorce and distress.
The interest in one of our East London site’s is heating up. Currently, we have a hand full of strong bidders who are circling the site. Last week, I had one of the potential investors come and look at the site along with the planner; meeting...
I have a friend who keeps talking about how he should have bought more property when credit was plentiful i.e. pre 2009. Should Have, Would Have and Could...
Last week we managed to exchange on a property, in Hatherley Grove, W2, with a longish four month completion. The seller tried to stick in a cheeky clause whereby they could complete early at their discretion, as opposed to the agreed completion...
