10/23/2023
Leading property agents tell Spear’s that international UHNWs still want homes at the very top end of the super-prime market, while a reduced development pipeline may protect prices for the next few years
10/23/2023
Investors will be watching for forward-looking comments on greater competition for deposits and mortgages across the region, which has been partly driven by central bank rates soaring from almost zero to the highest in decades to curb inflation.
10/20/2023
This combined with a general lack of interest in the sector from investors, plus the overhanging threat of FCA regulation, has driven management to throw in the towel.
10/18/2023
Management also note that there is a wider range of outcomes than normal, suggesting that things could be better or worse, depending largely on where mortgage rates go to.
10/18/2023
The final salary link to pensionable pay, once seen as a beneficial tether to pay progression, is increasingly restrictive following many years of sub-inflationary pay awards.
10/16/2023
As a trustworthy, highly liquid, and reliable means of payment, they always function in everyday life, even without technology.