Monthly Archives: June 2011

Greece: The Boil That Europe Won’t Lance

In a recent op-ed piece called Distressed Greece, Delusional Europe, Paul Krugman makes the point that… “…default would be very inconvenient, both as a practical matter and in terms of prestige. Therefore, default must not be considered a possibility, even … Continue reading

Posted in The Economic Climate | Tagged , , , , | Leave a comment

What Happens When Interest Rates Start to Rise?

Interest rates here in the UK are sitting at an all-time low, and have been there for a record-breaking length of time – we’re now into the 28th month. The talk of when they will start to rise again was … Continue reading

Posted in The Economic Climate | Tagged , , , , , , , , , | 4 Comments

UK House Prices Slip Further

Amongst the virtual blizzard of price indices that are around now – Halifax, Nationwide, Assetz, Land Registry and so on – Hometrack is probably one of the more widely respected. In their latest release, they reveal that prices have slipped … Continue reading

Posted in General Stuff | Tagged , , , | Leave a comment

Project Funding via the 70/30 Route

Our post from June 13th, which lays out the process of raising funds via an SBLC, remains one of the most popular, in terms of the number of people who read it each day. Partly as a result of this … Continue reading

Posted in Funding & Finance | Tagged , , , , , , | Leave a comment

It’s Good News / Bad News Friday!

Good News for Landlords? A new report from the Smith Institute (second one down) called The End of the Affair: Implications of Declining Home Ownership, which suggest that a further 2m households will stop owning and start renting over the … Continue reading

Posted in General Stuff | Tagged , , , | Leave a comment

The US Slows Down, and Red Lights Flash in Europe

In the US yesterday, the US Federal Reserve said that the economic recovery was proceeding more slowly than it had expected. It also cut its forecast for US growth to between 2.7% and 2.9%, down from 3.1%-3.3% in April. They … Continue reading

Posted in The Economic Climate | Tagged , , , , , , , , | 1 Comment

The National Property Auction Picture – In Brief

This just in from those lovely people at the EI Group… Compared with May 2010 the numbers were up in all metrics.  Overall lots offered and amount raised in May was up 25.8% and 18.2% respectively compared with May 2010. … Continue reading

Posted in Auction News | Tagged , , | Leave a comment

The Hotel Deal – Still Rolling Along!

Well, the on-going hotel deal that I first introduced you to here, and then updated you here, took another tentative step forward yesterday. The prospective buyer emailed to say that they have now decided to move forward with the purchase, … Continue reading

Posted in Big Assets | Leave a comment

Who Still Thinks the Global Financial System is Recovering?

So Portugal is a basket case, financially. Ireland is a basket case, financially. They’re rioting in the streets in Greece as the country begs more euros from the reluctant German taxpayers to bail it out yet again. If that effort … Continue reading

Posted in The Economic Climate | Tagged , , , , , , , | Leave a comment

Would You Buy This Asset?

Over at Ningaloo Reef, we source large, off-market property assets for hedge funds, family offices, private equity firms and the like. We get new stock coming in from our sourcers every week – sometimes several a day – and it’s … Continue reading

Posted in Big Assets | Tagged , | Leave a comment