London is leading the rest of Britain, with inquiries for office space in the capital reaching the highest net balance since the third quarter of 2007.
The biggest rise in confidence has been in the office market followed by the industrial sector, the survey showed.
Monday, 26 October 2009
Friday, 16 October 2009
London holds on as top European City
According to the Estates Gazette, Cushman & Wakefield have reported that London has retained its position as the best city in Europe in which to locate a business for the 20th successive year.
Paris took second place in C&W’s 2009 European Cities Monitor with Frankfurt third.
James Young, C&W’s head of City offices, said that while London had been through a turbulent time since the collapse of Lehman Brothers in 2008, the survey was evidence that it remained Europe’s leading business and financial centre.
He said: “Although office space remains relatively more expensive than in other European capitals, costs have come down considerably this year. Occupiers looking to locate here will find historically low rents, which are likely to remain competitive until well into 2010.”
Ben Everest of LDG said “The results in this survey are replicated in our experiences of the market this year; central London is a popular choice for the international buyer. 44% of all residential sale transactions have been to purchasers based outside of the UK. With 27% of all sales going to non-EU based purchasers. Cash is still king, and a weak pound and low UK interest rate has meant that 67% of all properties sold where bought with cash, with the majority of properties being bought as investments or London bases.
Paris took second place in C&W’s 2009 European Cities Monitor with Frankfurt third.
James Young, C&W’s head of City offices, said that while London had been through a turbulent time since the collapse of Lehman Brothers in 2008, the survey was evidence that it remained Europe’s leading business and financial centre.
He said: “Although office space remains relatively more expensive than in other European capitals, costs have come down considerably this year. Occupiers looking to locate here will find historically low rents, which are likely to remain competitive until well into 2010.”
Ben Everest of LDG said “The results in this survey are replicated in our experiences of the market this year; central London is a popular choice for the international buyer. 44% of all residential sale transactions have been to purchasers based outside of the UK. With 27% of all sales going to non-EU based purchasers. Cash is still king, and a weak pound and low UK interest rate has meant that 67% of all properties sold where bought with cash, with the majority of properties being bought as investments or London bases.
Monday, 12 October 2009
Central London Lettings Agents
LDG have operated as a unique bespoke estate agent tailor-made for selling and letting residential properties in the central nerve of London's West End, for over 20 years.
As Autumn approaches so the need for West End tenants increases. We are aware that the run up to winter is an important time for West End landlords, with the influx of visitors, including students and those employees being transferred from other countries, in special need of a central London place of residency.
Fitzrovia and Bloomsbury are incredibly popular areas for short and long term property lettings, and the huge market demand needs to be taken advantage of. To accommodate this growing need LDG estate agents is presently expanded its Central London property lettings department.
Flats & apartments for sale and to rent in Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone
As Autumn approaches so the need for West End tenants increases. We are aware that the run up to winter is an important time for West End landlords, with the influx of visitors, including students and those employees being transferred from other countries, in special need of a central London place of residency.
Fitzrovia and Bloomsbury are incredibly popular areas for short and long term property lettings, and the huge market demand needs to be taken advantage of. To accommodate this growing need LDG estate agents is presently expanded its Central London property lettings department.
Flats & apartments for sale and to rent in Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone
Monday, 5 October 2009
Estate Agents Warn Of Decreasing Interest In Property Ownership
The recession has led to thousands of Britons giving up on the dream of owning their own homes, says a survey by the National Association of Estate Agents (NAEA).In some British cities, as many as 30 per cent of adults no longer wish to own property, citing high prices and fears over redundancy as reasons.
The cities with the largest percentage of adults no longer looking to own property are Cardiff (30 per cent), Manchester (27.7 per cent) and Belfast (25 per cent). At the other end of the spectrum, 12.5 per cent of adults in Liverpool, 11.1 per cent in London and 10.3 per cent in Southampton are more optimistic about getting on the property ladder.
The lack of enthusiasm for all things property related is perhaps understandable in light of news showing that mortgage lending conditions are still tight. Bank of England figures released last week show a fall in the number of new mortgages in August, the first drop in 10 months. The bank's quarterly credit conditions survey showed that approvals slipped from 52,404 in July to 52,317 in August. This is about half the level of mortgage loans seen at the height of the property market boom.
The NAEA says that the recession alone cannot be blamed for the pessimism about owning property and that the Government and lenders should shoulder some of the responsibility for the market torpor.
"The Government has so far refused to create a level playing field for house-hunters by reforming stamp duty, a tax on aspiration," says Peter Bolton King, chief executive of the NAEA.
The cities with the largest percentage of adults no longer looking to own property are Cardiff (30 per cent), Manchester (27.7 per cent) and Belfast (25 per cent). At the other end of the spectrum, 12.5 per cent of adults in Liverpool, 11.1 per cent in London and 10.3 per cent in Southampton are more optimistic about getting on the property ladder.
The lack of enthusiasm for all things property related is perhaps understandable in light of news showing that mortgage lending conditions are still tight. Bank of England figures released last week show a fall in the number of new mortgages in August, the first drop in 10 months. The bank's quarterly credit conditions survey showed that approvals slipped from 52,404 in July to 52,317 in August. This is about half the level of mortgage loans seen at the height of the property market boom.
The NAEA says that the recession alone cannot be blamed for the pessimism about owning property and that the Government and lenders should shoulder some of the responsibility for the market torpor.
"The Government has so far refused to create a level playing field for house-hunters by reforming stamp duty, a tax on aspiration," says Peter Bolton King, chief executive of the NAEA.
Tuesday, 29 September 2009
Central London Estate and Letting Agents
LDG The West End Specialists
Established in 1987, Central London Estate Agents LDG have become a leading force in the West End property market. Founder Laurence Glynne's philosophywas 'to create a unique specialist agency with its own personality and creative flair'. Our commitment to the individual and their needs has brought usrepeat client business allowing us not only to survive but to grow through the economic downturns.
Our highly qualified staff work as a team and with their wealth of local knowledge can offer unrivalled advice in both sales and lettings. Property is a 'people' business and we pride ourselves on our friendly no-nonsense approach.
Our clientele, like our properties, cover a wide spectrum and our staff are adaptable and work to the highest industry standards. LDG covers the central core of the West End incorporating Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone. We sell, acquire and rent all types of properties from vast period houses to pied a terré studios - each receiving the same attention to detail when marketing.
We have the largest shop front in the area and employ a dedicated company to deal with our website ensuring a constantly high profile on the internet. In addition we advertise on all major property websites to ensure maximumcoverage. Widely respected as "The West End Specialists", we have become a frequentcommentator on the property market with articles and features in the national press andregular radio and TV interviews.
LDG continue to grow and strengthen and as one of the leading independent agents in London you can feel confident that if you join our pool of clients ranging from film stars to students, developers to corporate investors you will receive a friendly, hardworking, professional service.
At LDG we get results - after all, we want you to come back!
Live West End... think LDG
Residential sales, Lettings and management, Retained clients' purchase, Commercial acquisition
Live West End... think LDG
020 7580 1010 www.ldg.co.uk
39 Foley Street, London W1W 7TP
FITZROVIA SOHO COVENT GARDEN MARYLEBONE BLOOMSBURY
Established in 1987, Central London Estate Agents LDG have become a leading force in the West End property market. Founder Laurence Glynne's philosophywas 'to create a unique specialist agency with its own personality and creative flair'. Our commitment to the individual and their needs has brought usrepeat client business allowing us not only to survive but to grow through the economic downturns.
Our highly qualified staff work as a team and with their wealth of local knowledge can offer unrivalled advice in both sales and lettings. Property is a 'people' business and we pride ourselves on our friendly no-nonsense approach.
Our clientele, like our properties, cover a wide spectrum and our staff are adaptable and work to the highest industry standards. LDG covers the central core of the West End incorporating Fitzrovia, Soho, Covent Garden, Bloomsbury and Marylebone. We sell, acquire and rent all types of properties from vast period houses to pied a terré studios - each receiving the same attention to detail when marketing.
We have the largest shop front in the area and employ a dedicated company to deal with our website ensuring a constantly high profile on the internet. In addition we advertise on all major property websites to ensure maximumcoverage. Widely respected as "The West End Specialists", we have become a frequentcommentator on the property market with articles and features in the national press andregular radio and TV interviews.
LDG continue to grow and strengthen and as one of the leading independent agents in London you can feel confident that if you join our pool of clients ranging from film stars to students, developers to corporate investors you will receive a friendly, hardworking, professional service.
At LDG we get results - after all, we want you to come back!
Live West End... think LDG
Residential sales, Lettings and management, Retained clients' purchase, Commercial acquisition
Live West End... think LDG
020 7580 1010 www.ldg.co.uk
39 Foley Street, London W1W 7TP
FITZROVIA SOHO COVENT GARDEN MARYLEBONE BLOOMSBURY
Tuesday, 22 September 2009
London Letting Agents
Javier M Carrillo - MARLA
Colombian born and with strong international banking experience Javier,in 2003, decided to diversify into the property market. Since joining LDG he hasdriven the lettings department forward creating one of the most successful businesses of its kind in the West End.
Javier combines professionalism with genuine warmth and a desire to get results and was recently made an associate partner.
DD: 020 7290 0596
E: javier@ldg.co.uk
Colombian born and with strong international banking experience Javier,in 2003, decided to diversify into the property market. Since joining LDG he hasdriven the lettings department forward creating one of the most successful businesses of its kind in the West End.
Javier combines professionalism with genuine warmth and a desire to get results and was recently made an associate partner.
DD: 020 7290 0596
E: javier@ldg.co.uk
Tuesday, 15 September 2009
Central London Estate Agents
Clare Moll - MNAEA
Born in Northumberland Clare came tostudy in London at The Royal Academyof Music and went on to have a career for several years as an operatic soloist. She joined LDG shortly after its inception in 1987 and became a partner in 1995.
She has a 'hands on' approach to all aspects of the business from acquiring specific buildings for clients, advising on new developments to the general day to day agency.
DD: 020 7290 0591
E: clare@ldg.co.uk
Born in Northumberland Clare came tostudy in London at The Royal Academyof Music and went on to have a career for several years as an operatic soloist. She joined LDG shortly after its inception in 1987 and became a partner in 1995.
She has a 'hands on' approach to all aspects of the business from acquiring specific buildings for clients, advising on new developments to the general day to day agency.
DD: 020 7290 0591
E: clare@ldg.co.uk
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