In these turbulent times, any saving that can equate to extra yield for a central London landlord should be investigated. That’s why we have been looking at how we can improve the transfer of rent for our overseas landlords. I didn’t realise this previously, but the big High Street banks do not always offer the best deals! When transferring substantial rent payments overseas, a small change in the rate...
October 2012
Does Less Choice Mean Worse Rates - Written by Steven Herd, Managing Director of central London Estate Agency MyLondonHome 25/10/23 The recent news that Barclays have acquired ING direct confirms the trend in the UK that the number of mortgage lenders is contracting. Nat West and RBS form one alliance, in another corner the Lloyds Banking Group now includes such erstwhile stalwarts as C&G, Halifax, Bank...
Recently I reviewed the sales prices we have achieved against the asking prices of all the central London property sales from this year. I was delighted and somewhat surprised to see that we achieved as high as 98.6% as an average. Whilst pondering this point and generally congratulating myself on building such an awesome sales team the thought hit me – buyers really don’t haggle do they? Countless...