2016 was a year of huge political upsets. In the USA Hilary Clinton was the front-runner to secure the Democratic nomination and succeed President Obama.
Business rates are based on a property’s rateable value (RV) This is based on its open market rental value on 1 April 2015, as estimated by the Valuation Office Agency.
Fletcher King are looking for an individual who must be capable of servicing a busy loan security portfolio of valuations on a day to day basis with minimal supervision.
The UK electorate is about to take the most important decision for a generation.
A recent report issued by HM Treasury concludes that the damage inflicted on the UK economy by a vote to leave the EU
Goya Bilsdale have appointed Fletcher King as agents for three multi-let industrial developments in Orpington, North Chiswick, and Egham.
At the start of 2015 a major acceleration of global growth was expected, supported by persisting soft oil prices.
The regions outside London and the South East offer better value to investors London dominates the UK’s economy to a degree that is unusual in many other European countries. It accounts for 22% of the UK economy.
What are the risks that investors should look out for? Only in Central London has commercial property recovered all of the value lost in 2007-2009 by the world financial crisis.
Morrisons recently announced that it intends to shut 23 of its M convenience stores and halt new openings as the expansion of supermarkets convenience store operations comes to an end.
Despite slowing in economic growth to 0.6% in Q4 2014, institutional investment in commercial property has remained strong in Q1 2015. The commercial property market has undergone eight consecutive quarters of increasing prices, although the pace of growth has been
In 2014 it was expected that Central Banks would finally begin to increase Base Rates albeit slowly and carefully; and without causing any shocks to markets through the use of “forward guidance”.
The initial UK commercial property market recovery from the great crash of 2007, 2008 and 2009 when capital values fell 44% lasted just 27 months before the full implications of the Government’s austerity programme were considered.
For too long the UK’s economic recovery has been poorly balanced. The output of the service sector is 2% higher than it was in March 2008, the last quarter of growth before the onset of the Great Recession.
The value of UK commercial investment transactions in 2013 rose 60% to £53.6 billion from £33.5 billion in 2012. 2013’s total was the highest since 2007 as investment in Q4 reached the highest quarterly level since at least March 2000.
The collapse of Lehman Brothers in September 2008 triggered the near collapse of the banking system and the start of the “Great Recession”, the recovery from which has been slow and halting.
After a lacklustre eighteen months the UK’s commercial property market finally looks to be staging something of a recovery or at least a return to normality as investors exude more confidence.
In an effort to resuscitate a moribund economy battered by recession, bank failures, a reluctance to lend and government austerity, UK monetary policy has been exceptionally loose.
Britain is a deeply divided country. Inner London is the richest part of the entire European Union, while Cornwall and Wales benefit from the regional aid dispensed by Brussels.