Crest Nicholson Says U.K. Way Off Housing Bubble

Savills, along with Hamptons International, is also selling Bayfields Farm, a country house in Hampshire, about 30 miles from Highclere Castle, where TV show Downton Abbey is filmed, for 2 million pounds. The value of U.K. luxury homes had plunged in the wake of the 2008 collapse of Lehman Brothers Holdings Inc. and the ensuing credit freeze and recession. Average prices of homes in Londons most expensive neighborhoods fell 25 percent in 2008, while those in the countryside declined 20 percent, Knight Franks Bailey said. Mortgages of more than 500,000 pounds to home buyers dropped by almost 50 percent between 2007 and 2008, according to the Council of Mortgage Lenders . Affluent Foreigners Londons property market began to recover in 2009, in part because of affluent foreigners seeking a haven from turmoil in the Middle East and the wider European debt crisis. These buyers, attracted by mansions a short walk from Harrods and Buckingham Palace, helped push the price of luxury homes in central London up 23 percent since their last peak in the autumn of 2007. Prices of prime country homes remain down 20 percent, according to Knight Frank. Now the recovery is spreading beyond London. The number of homes sold in the U.K. reached the most in nearly four years in July, according to the Royal Institute of Chartered Surveyors . That helped push the value of prime country homes up for the third consecutive quarter, Knight Frank said. House prices in affluent areas about an hour from London climbed 1.6 percent during the three months, while those in the remainder of the south of England climbed 1.2 percent, according to Savills.

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Sent! A link has been sent to your friend’s email address. Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs London Zoo’s Sumatran tiger cub dies Stephanie Haven, USA TODAY 9:21 a.m. EDT October 15, 2013 Image from video taken Sunday Sept. 22, 2013, shows the first tiger cub for 17 years — which has now died — to be born at the London Zoo. (Photo: AP/London Zoo) Sumatran tiger cub was born three weeks ago Cub died over the weekend Cub said to have drowned SHARE 6 CONNECT 27 TWEET COMMENTEMAILMORE The first tiger cub born at the London Zoo in 17 years died over the weekend, officials at the British zoo said Tuesday. It was 3-weeks-old. After zookeepers couldn’t spot the rare Sumatran tiger in its den early on Oct. 12, they found the cub beside a nearby pool where it had drowned, London Zoo said in a statement. “It’s very, very sad, we’re just heart broken by the whole situation,” London Zoo press officer Nicola Kelly said. “The zookeepers were so happy to have the cub and then devastated by this terrible accident.” Like the newborn panda at the Smithsonian National Zoo, the tiger cub was too young for zookeepers to name it.

Rosewood Hotels and Resorts Make a Royal Entrance in London

This 1914 Edwardian Belle Epoque building has been renovated by the best in the business while taking painstaking steps to ensure that the integrity of the building would not be lost. A breathtaking piece of history beautifully restored; beginning with the magnificent Grade II-listed street frontage and dome, which continues to the grand Pavonazzo marble staircase rising up through all seven levels of the hotel beneath the 166-foot cupola. Rosewood London will be a milestone addition to our portfolio, not only as it is in a major European capital, but because the legacy of the historic building itself is a true representation of our A Sense of Place philosophy, says Radha Arora, president of Rosewood Hotels & Resorts. We are delighted to introduce once again a classic and one-of-a-kind hotel to our Rosewood guests. Tony Chi and Associates designed the accommodations, event spaces and public areas; bringing his signature style and the use of lacquer, textured wood veneers and prismatic mirrors. A major plus for this property are the suites offered, as they will be among the finest in London. Rosewood also offers the Manor Club to their suite guests, which is located on the third floor of the property and includes butler service and a number of additional services for the most discerning of guests. Without question, the Grand Manor House Wing is a suite that will set the standard of suites in London: entered via a private elevator and its own street entrance, it is the only hotel suite in the world to have its own postal code. Six bedrooms, a dressing chamber, a library, a dining room and several sitting rooms are lavishly arranged over 6,318 sq. ft. of living space. Rosewood London encompasses an element of surprise in its design, which gives this landmark building, steeped in and surrounded by history, the lease of life it deserves. We are honored to be the stewards of an exciting new chapter in its legacy, says Matthias Roeke, managing director, Rosewood London.

London: not the crappest town in the UK

ilovelondon

Secondly, living there is mentally exhausting. Youve got to queue for ages to do anything. Theres the hardship of the Northern line. Then theres the expense Yeah, overly expensive things are crap, arent they? By the way, Shit Londons latest book is 3 cheaper than yours. Ergo yours is over-priced, and thus crap. Thats a completely spurious argument. Thats a false analogy. Your arguments well rigorous, though, isnt it? After all, the 100,000 people surveyed is a whole 0.16% of the British population. Thats statistically significant. More than youd get for a YouGov poll.