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...“I wouldn’t say it’s halfway house, I’d say it’s a journey,” he said, adding, “you could not find a better encapsulation of rentier economics” than the investment managers and pension funds who own freeholds...
...Bank of Ireland is racing to avoid a loss on a loan against No 1 Poultry, the postmodern pink block that houses City restaurant Coq d’Argent, in a sign of the extent of the challenges for the London office...
...One such landlord, Peter Rachman, became notorious in Notting Hill, letting property for extortionate rents and allowing them to drift into neglect....
...“I’d suddenly panic and ask Will [Fisher, her partner and co-owner of Jamb] ‘How are we going to find 12 beds?’” she recalls....
...Who Italy Sotheby’s International Realty House, Val d’Orcia, €3.8mn Where In the rural region of Val d’Orcia, a Unesco World Heritage site....
...Except then I’d have to rent them out and I’d end up becoming an evil landlord....
...It is not a property market without intrigue, however....
...Z.d.G....
...“I’d been watching the prices of these houses rise from A$950,000 to A$1.1mn in 14 months. I missed out on two and I knew if I didn’t get one soon, I’d be priced out of the market,” she says....
...“I’d always had a close affinity to Borde Hill, but motherhood was a real catalyst for change,” she says....
...So they’d rather pay cash now and refinance later,” she said. The median sales price for a Manhattan apartment was $1.15mn in the fourth quarter, according to real estate agency Douglas Elliman....
...“One major lender [NatWest] dropped its rates [on Wednesday] and we’d expect to see more of that during the coming fortnight....
...“At the same time,” she says, “if mortgage rates came down, I was worried that prices would increase and I’d end up paying more.”...
...Giuliano and Larissa D’Amico spent three years looking for a big finca to fix up for a regenerative farm....
...Ideally, I’d love to see my rate at sub-5 per cent. It will take patience and maybe a little bit of gambling. But I’m holding out,” she says....
...“The rate I’ll be paying is higher than I’d like over the next two years....
...He’d also spent four years waiting for the right house....
...“If Sotheby’s can manage to raise the fees, we’d all be happy. Good luck to them,” said Hersham....
...Do you have a financial dilemma that you’d like FT Money’s team of professional experts to look into? Email your problem in confidence to money@ft.com...
...Sunak’s party is struggling to engage younger voters — who have found it increasingly hard to get in the property ladder — with only a tiny fraction of under-40s prepared to back the Conservatives at the...
...Who Washington Fine Properties House, Berkley, $31.9mn Where In Berkley, at an elevated point in north-west Washington, DC....
...The Diapason d’Hermès lounge chair, crafted with a hammered aluminium frame and a seat in unlined bridle leather is a standout; as is its Derby basket in Epsom calfskin, reminiscent of its leather bracelets...
...“Moreover, these homes are often inadequate, with 15 per cent formally non-decent and over 60 per cent with energy efficiency ratings of D or below.” So why don’t more older people downsize?...
...OpenAI and other AI companies have argued that processing reams of publicly available data from the internet constitutes protected “fair use” under US copyright law....
...“Genius has no sex,” said Empress Eugénie, wife of Napoleon III, bestowing upon her the first female Légion d’Honneur in 1865....
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