Urban wear fashion designer and entrepreneur Jon Buscemi, has purchased a property in the Los Feliz area of Los Angeles for the sum of $2.86 million. This new acquisition has placed Buscemi in the group of home owners with celebrity-status mansions. Previous Owners/Tenants In the past, celebrity owners and tenants who have resided in the Spanish Colonial Revival villa include musicians the Jonas...
Smokers, benefit claimants and students top the list of undesirable tenants according to a new YouGov survey by property classifieds site TheHouseShop.com. We speak to a range of people involved in the rental industry, from tenants who have lied on their applications, to landlords and letting agents, and discover some interesting realities that parallel the survey findings. YouGov Survey...
Knight Frank Global House Price Index has cast a very interesting light on the worldwide property market, highlighting those in favour and those where markets are starting to turn down. The latest league table takes into account the 12 month period ending the first quarter of 2016 and will prove rather useful for those looking at future real estate investments. We guarantee you will never guess the top 10...
In an investigation that lasted over four years, carried out by the trading standards team at Barnet’s Council, Martin Marcus, 52, of Bushey Hertfordshire pleaded guilty to deceitful appropriation of over £220,000 after seven days of trial. The court found out how he set up a string of letting agencies, and used various false names between 2009 and 2015 to steal £221,000 from over 60...
Popular real estate tool Zillow Zestimate which is trusted by millions of buyers, real estate agents and vendors shows that Zillow CEO has over paid for his new luxury millionaire listing. Has the CEO over paid or is Zestimate simply weak on high end valuations? Spencer Rascoff spent a cool $20 million for his six-bedroom mansion in Brentwood. At that price point, it was one of the most expensive...
The Home Builders Federation has restated its commitment to keep building homes in the UK to help meet demand. They made this pledge after a meeting with Brandon Lewis, the housing minister, and Greg Clark, Secretary of State. Housing Remain a Key Priority for the Government The Secretary of State reassured members of the HBF that housing remained a key priority for the government, and that the...
Following the vote to leave the EU that caused panic in the UK property market, Anthony Hesse, the managing director of Britain’s oldest estate agent recruitment consultancy, has called on employers to “hold their nerve.” His comments come on the heels of a quick survey performed by the Chartered Institute of Personnel Development (CIPD) that tried to gauge recruitment...
In the immediate aftermath of the Brexit vote, the British pound hit lows that were only seen in 1985 against the dollar. The slide was contained momentarily but it has since gone below 1.3100. The pound did not only suffer losses to the dollar but also to currencies around the world. Its decline also triggered a domino effect with currencies elsewhere such as the Canadian dollar losing value...
Figures from Nationwide’s latest house price index in the UK show that annual house price growth climbed to 5.1% in June, a slender increase from May’s 4.7%. It is hard to say why Nationwide’s chief economist, Robert Gardner warns against drawing conclusions too soon. He explained that determining the real factors behind house demand in recent months has become a difficult task, as...
The UK votes Brexit, David Cameron resigns, the pound hits lows not seen for 30 years - and that was all before breakfast! Fear, uncertainty and doubt have struck virtually every corner of the market and as a result the market will continue to be volatile at best. The UK went to the polls yesterday, and in a shock to markets, the country voted to Leave. A huge turnout saw the Leave campaign...