July 1, 2022

Rudolf Weder and Sean Lilley join FTI in the Cayman Islands

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FTI Consulting has strengthened its team in the Cayman Islands (a British Overseas Territory) with Rudolf Weder and Sean Lilley, appointed a Managing Director and Director respectively. Both senior leaders join FTI Consulting’s Fund Administration Services practice, which provides fund administration and other corporate services to private fund operators and other investment structures. “We are […]

Grant Thornton announces new partnership with the Cayman Islands Golf Association

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Grant Thornton in the Cayman Islands are delighted to announce a five-year partnership with The Cayman Islands Golf Association (CIGA), becoming the title sponsor of the Cayman National Teams.  CIGA was founded in 1992 with a mission of developing and promoting golf in the Cayman Islands. With over 250 members to date, they continually promote […]

UK: Industry reaction to Halifax House Price Index

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From James Lockett properPR This morning’s Halifax House Price Index shows that while house price growth slowed to 0.3% in January following the Christmas break, but house prices remain at a record £276,759. Please find industry reaction below but get in touch for any further comment.  Founder and CEO of GetAgent.co.uk, Colby Short, commented: “There’s not a soul […]

UK: Property industry reacts as interest rates rise

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From James Lockett ProperPR Director of Henry Dannell, Geoff Garrett, commented: “There’s a whole generation of homebuyers who have never known anything other than a sub one per cent base rate and so a second increase in such quick succession could understandably come as a concern.  However, all things considered, the current landscape for those […]

UK: Estate agents lose out on £998m in fees in 2021 as more transactions fall through

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From James Lockett ProperPR Property purchasing specialist, HBB Solutions, has revealed the eye-watering sums of money that estate agents are losing out on in a single year due to the number of sales that fall through before completion. The research shows that: – In 2019 prior to the outbreak of Covid-19, some 272,768 property transactions fell […]

UK: Selling a probate property following a bereavement

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From James Lockett ProperPR lthough the nation’s homesellers have enjoyed a pandemic price boom spurred by pent up demand and the removal of stamp duty on purchases, there is, of course, those who will have been forced into the market having been named an executor on the last will and testament of a loved one.  […]

UK: Build-to-rent market rebounds from pandemic decline in project completions

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By James Lockett, ProperPR Market analysis by real estate debt advisory specialists, Sirius Property Finance, has shown that the build-to-rent sector (BTR) has gone from strength to strength in the last year, rebounding from a decline in completions caused by the initial outbreak of Covid-19. Sirius Property Finance compiled BTR sector completions between 2019 and 2021 […]

Industry reaction to today’s UK House Price Index

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By James Lockett ProperPR Please read below industry reaction below to the latest Gov.uk UK House Price Index.  The latest index shows that in November, house prices climbed 1.2% on the previous month and posted yet another double digit performance on an annual basis, up 10% on the previous year.  For any further comment, please get […]

Industry reaction to the Rightmove House Price Index

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From James Lockett ProperPR The latest index shows that: –  The average price of property coming to market jumps by 0.3% this month (+£852) to £341,019, which is 7.6% higher than in January 2021, the highest annual rate of price growth recorded by Rightmove since May 2016 First-time buyer asking prices hit a new record […]

UK: Rental market takes a step back as demand falls -15% in Q4

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By James Lockett From ProperPR Research by estate and lettings agent, Barrows and Forrester, reveals that the UK rental market has taken a step backwards due to Omicron, as rental demand has declined in the vast majority of major UK cities during the final quarter of last year.  The Barrows and Forrester Rental Demand Index monitors […]