Damian Shepherd
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Two Of London’s Most Expensive Mansions Are Struggling To Sell
Two of London’s priciest mansions, on the market for a combined £475 million ($602 million), are struggling to sell as high interest rates and a tough tax environment curb investment.
- Wednesday December 6, 2023
- Author: Damian Shepherd
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U.K. Home Sales Set To Plunge To Lowest In Over A Decade This Year
UK home sales are on track to drop to the lowest since 2012 this year as stubbornly high mortgage rates grip the housing market.
- Wednesday August 30, 2023
- Author: Damian Shepherd
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Luxury London Home Sellers Cut Asking Prices To Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals falling through.
- Thursday August 17, 2023
- Author: Damian Shepherd
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Luxury London Home Sellers Cut Asking Prices To Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals falling through.
- Thursday August 17, 2023
- Author: Damian Shepherd
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Dubai Leapfrogs Lisbon As Best Destination For Globetrotting Executives
For the wave of executives turning into digital nomads since the pandemic, there’s nowhere more accommodating than Dubai.
- Wednesday August 16, 2023
- Author: Damian Shepherd
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Indian Billionaire Buys Russian-Linked London Mansion for £113 Million
Indian billionaire Ravi Ruia bought a £113 million ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital’s biggest residential deals in recent years.
- Friday July 21, 2023
- Author: Damian Shepherd
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Deutsche Bank London HQ Sold For £257 Million To Malaysian Firm
Gamuda partner.ed with UK private equity firm Castleforge for the purchase of Winchester House, the company said in a statement
- Monday March 27, 2023
- Author: Damian Shepherd
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U.K. Starts To Feel The Pinch From Biggest Rate Rises In 33 Years
The BOE’s intention this time is to cool the economy enough that upward pressures on wages and prices dissipate.
- Sunday October 30, 2022
- Author: Irina Anghel, Damian Shepherd
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U.K. Starts To Feel The Pinch From Biggest Rate Rises In 33 Years
The BOE’s intention this time is to cool the economy enough that upward pressures on wages and prices dissipate.
- Sunday October 30, 2022
- Author: Irina Anghel, Damian Shepherd
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U.K. Mortgage Rates Hover Near 14-Year Highs As Sunak Takes Reins
Key U.K. mortgage rates remain close to peaks last seen in the 2008 financial crisis.
- Tuesday October 25, 2022
- Author: Damian Shepherd
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Key U.K. Mortgage Rate Breaches 6.5% Despite Government U-Turn
The average two-year fixed-rate home loan jumped to 6.53% on Tuesday, rising further above the 14-year high reached last week.
- Tuesday October 18, 2022
- Author: Damian Shepherd
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UK Mortgage Rates Rise Again As Kwarteng Bids to Gain Tory Trust
The average five-year fixed-rate mortgage on a home rose to 6.19%, the highest since November 2009 and up from 5.48% a week ago.
- Monday October 10, 2022
- Author: Damian Shepherd
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UK Mortgage Rates Rise Again As Kwarteng Bids to Gain Tory Trust
The average five-year fixed-rate mortgage on a home rose to 6.19%, the highest since November 2009 and up from 5.48% a week ago.
- Monday October 10, 2022
- Author: Damian Shepherd
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Key U.K. Mortgage Rate Climbs Above 6% For First Time Since 2008
The average two-year fixed-rate mortgage on a home rose to 6.07% on Wednesday, the highest since November 2008.
- Wednesday October 5, 2022
- Author: Damian Shepherd, Neil Callanan
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War, Rate Hikes Overshadow Crucial Month For Europe Bond Market
Flurry of pent-up company bond sales in Europe is colliding with the most challenging debt-market metrics in a decade this month.
- Thursday September 1, 2022
- Author: Ronan Martin, Damian Shepherd