Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Lone Star buys Wembley Arena Owner Quintain for £700 million: Quintain Estates and Development, the developer behind Wembley Arena, has been bought by U.S. private equity group Lone Star for £700 million
UK number of mortgage approvals for house purchases recorded a rise in June The Bank of England has reported that number of mortgage approvals for house purchases in the UK recorded a rise to 66.60 K in June, higher than market expectations of an advance to 66.00 K. Number of mortgage approvals for house purchases had recorded a revised level of 64.80 K in the previous month.
U.K. consumer confidence hits the high notes: British shoppers are at their most confident since September, new survey figures reveal this morning.
House prices in England and Wales hit record high: House prices in England and Wales have climbed to a new record high after overtaking the previous peak reached at the height of the property boom, according to official data.
Commuting to London saves £450,000: The daily commute may be a miserable grind but those prepared to suffer two hours a day on Britain’s railways are saving themselves almost half a million pounds on house prices
UK GDP advanced as expected in 2Q 2015 The preliminary gross domestic product (GDP) in the UK registered a rise of 0.70% on a quarterly basis in 2Q 2015, compared to a rise of 0.40% in the prior quarter. Market anticipation was for GDP to climb 0.70%.
Britain in the red: property debt grows to £1trillion amid warning over interest rate rise: Britain’s property debt has hit an eye-watering £1trillion and experts have warned that many homeowners could struggle when interest rates rise
Construction-sector recovery at risk from skills shortage, say building firms: A shortage of bricklayers, carpenters and site Managers threatens to derail the construction sector’s recovery, an industry group has warned after fresh evidence of recruitment struggles at building companies
Number of people hunting for a house hits 11-year high: The number of people hunting for a new home has hit an 11-year high, according to new figures released on Monday
UK balance of firms reporting total order book above normal ease surprisingly in July Confederation of British Industry has reported that, in July, the balance of firms reporting total order book above normal eased unexpectedly to a level of -10.00 in the UK, compared to market expectations of an advance to a level of -6.00. In the prior month, the balance of firms reporting total order book above normal had registered a level of -7.00
London prices force new buyers to outskirts: First-time housebuyers have all but disappeared from central London as sky-high prices are forcing them to look elsewhere
Key Economic News UK BBA mortgage approvals climbed in June BBA mortgage approvals rose to a level of 44.48 K in the UK, in June, compared to a revised reading of 42.87 K in the previous month. Markets were expecting BBA mortgage approvals to climb to a level of 43.30 K.
Luxury transformation Indian billionaire Yusuffali Kader has joined forces with UK property developer Galliard to complete a GBP110m deal to create a five-star hotel at Great Scotland Yard, the site of the first headquarters of the Metropolitan police. The investment by Mr Kader, India's 30th richest man, is the latest in a surge of property deals by investors from the subcontinent
Property cyber crime is escalating: Fraudsters are aggressively targeting solicitors that handle property sales because of the large sums of money involved in these transactions.
Foreign criminals push up London house prices: Foreign criminals are laundering billions of pounds by purchasing expensive properties, pushing up house prices, the National Crime Agency has said. Donald Toon, Director of the agency’s economic crime command, told The Times he was alarmed by the number of homes registered to complex offshore corporations, some of which have been bought with laundered money.
U.K. lenders sign up for first-time buyer Isa: Six of the U.K.’s largest lenders have signed up for the government’s latest scheme to subsidise home ownership, scheduled to launch on 1st December. The Help to Buy individual savings account (Isa), first announced in the Chancellor’s March Budget, will subsidise first-time buyers saving for a deposit with £1 for every £4 put aside.
Last call for rock-bottom mortgage deals: Banks are under growing financial pressure to raise fixed rates because the wholesale cost of money used to price these loans has jumped higher over the past month, according to brokers. The cost of funding two, three and five-year deals has jumped by 10 percentage points since the middle of last month as markets have begun pricing in the first increase in the Bank of England base rate.
London first-time buyers pay most using help schemes: Homebuyers in the capital using various affordable housing schemes have to pay the highest price for a home in the country, according to Halifax. At the same time, according to a report by the building society, buyers in London get the biggest discount compared with their counterparts in the capital who do not receive help trying to get on to the property ladder.
Interest rate rise may cap heavy house price growth: Average annual house price growth in Britain’s big cities is expected to reach double digits again by the end of the year — unless there is a rate rise.
UK retail sales advanced less than expected in June Retail sales recorded a rise of 4.00% on a YoY basis in June, in the UK, less than market expectations for a rise of 4.80%. In the previous month, retail sales had registered a revised rise of 4.70%. UK retail sales unexpectedly fell in June On a monthly basis, retail sales recorded an unexpected drop of 0.20% in June, in the UK, less than market expectations for a rise of 0.40%. Retail sales had advanced by a revised 0.30% in the prior month.
Country’s worst landlord blames tenants for property convictions: A London landlord has been convicted for property offences seven times but believes she is the victim, not her tenants.
Most 20 to 39-year-olds will be in private rented homes by 2025, warns PwC: More than half of 20 to 39-year-olds will be renting property from private landlords rather than living in their own homes a decade from now, according to a new report
Not so grim up north as Scottish house prices soar: Soaring house prices in Edinburgh and Aberdeen have helped Scotland to produce the fastest-growing property values of any U.K. region in the first half of the year.
British home transactions jump in June: The housing market picked up pace in June as both buyers and sellers returned to the market after shaking off uncertainty from the General Election
More will pay rent than own a mortgage by 2025: The number of people renting homes will overtake those with a mortgage in the next decade as the rise in Owner-occupation since the Second World War goes into reverse.