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Thriving UK property markets boosts Taylor Wimpey and Rightmove

Thriving UK property markets boosts Taylor Wimpey and Rightmove Britain’s thriving housing market has buoyed construction group Taylor Wimpey and web portal Rightmove — but London’s luxury property woes have weighed down estate agent Foxtons. Planning approvals and house prices have topped pre-credit crunch highs, data published this week showed, with the government’s Help to […]

More evidence of London’s insane property market

More evidence of London’s insane property market British Land, one of Europe’s biggest listed property companies, reported full-year results today and the key takeaway is this: London property prices are still going crazy. The value of the property owned by British Land went up by 12.1% last year, while the value of its office and […]

Mike Bloomberg buys historic London mansion for $25 million

Mike Bloomberg buys historic London mansion for $25 million Michael Bloomberg is adding to his London real estate portfolio by buying a historic mansion in the upmarket neighborhood of Chelsea for $25 million. The former New York City mayor paid £1 million ($1.6 million) over the asking price to buy the home, according to people […]

Britain’s Cameron warns of dirty money in London property

Britain’s Cameron warns of dirty money in London property British Prime Minister David Cameron is to speak out against “corrupt money from around the world” being laundered through property in Britain in a speech to be made during a trip to Southeast Asia on Tuesday. The Conservative Party leader is to announce a consultation on […]