May around the corner

As the election's campaign is heating up, the papers are inundated with articles guessing who will win, how a hung parliament will affect the economy, how the spending cuts will affect us all.

It looks like whoever wins, next goverment will have to deal with very impopular measurements to stabilize the economy, with a deficit which is still at such incredibly high levels...

I tend to be optimistic though, yesterday some of the largest UK listed companies posted excellent results, from the Banks, to companies in different sectors like Whitbread, BSkyB, Unilever or Diageo (we love their products, don't we?). Even though the Greece bailout will still be a big topic for a while, I would expect that those big business being back to normal means that the economy is finally growing, and that, ultimately should ease a bit the deficit as income from tax will also increase.

Enough of economic and political news and views, we are heading towards a lovely long weekend, so many of you will have better things to worry about ;-)


Enjoy.

Money, Money, Money

It is all about money today. Just read this article about 11 city types splashing £29,000 last night in a pool dancing club near Tower Bridge, where I happen to live.
The chaps spent £3,000 in food (Lobster and caviar), £13,000 in Champagne (only 11 bottles of crystal or so), and another £13,000 in..., well , in tokens used to pay for the company of the pool dancers, which probably were very happy by the end of the night. It looks like the good days from the city are back!

Nevertheless, we have just been offered a property in Covent Garden (pictured), at a very reasonable £7.3 million, which includes a dancing studio, tv studio and a gym, apart from 8 bedrooms and other facilities, I am still trying to find out which celebrity owned it before, tv, dancing? any ideas?

Our slice of property news, mortgage lending rose in March, thankfully more good news for us, and for everyone really
http://tinyurl.com/39ljpxj

It's hot in the tube again

Rushing to work in the busy District Line this morning, packed with city exectutives, some ladies already showing off summery outfits, while I was still on my winter-spring style which was definitely too warm for the commute.

I once again enjoyed my reading of City A.M. with the economic news of the day; Greek debt crisis bringing the Euro down again (cheaper holidays :-)), hung parliament will be bad for the economic recovery, the usual bla bla bla of the last weeks, a bit boring.

I am instead happy to read that some of the bigger construction companies in
this country as Redrow are starting to post better results.
http://tinyurl.com/33eqe8s

And of course delighted to read that London prices are driving the national recovery in the residential property market.

http://tinyurl.com/36egbth

I wonder how long will this last, interest rates can not be as low as they are forever...

I finally arrive to my destination, Soho is extremely quiet this morning.

Sun, Marathon and the Elections

After a beautiful warm and sunny saturday, with London streets, river sides and parks absolutely packed, and a very happening sunday with the London Marathon running around our lovely city (did you see the runner carrying a replica of the Angel of the North?), well, it's back to monday... what can I say.

Thankfully many of us looking to the long weekend ahead, many travelling abroad, no vulcano this time, so in a better mood than usual for a monday.

The main news for the property market is the coming elections, there are more properties coming onto the market due to the uncertainty about taxes and economic measures of the new goverment, and on the other hand, buyers are holding off, so april will close with less transactions than we would expect. If you are selling, you may have to be patient.

http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3161681&c=1

UK Economy grew 0.2% in the first quarter, thankfully leaving behind the recession.

http://news.bbc.co.uk/1/hi/business/8639160.stm


Property prices are strongly linked to economic growth, so that is great news as well for property sales, check some on our website http://www.outlet4property.com/

Friday!!

Undoubtedly the most exciting day of the week, specially when we are expecting beautiful sunny days ahead on the weekend.
On my way to work I saw Ivan Massow having what looked like a delicious breakfast in one of the terraces near the office, I met Ivan a few months ago when we were discussing some property requirements, and I was impressed by his charismatic personality.

Ivan was the man behind the successful idea of the pink pound, which pushed many gay business to the next level, among many other ventures... if you want to know more

http://en.wikipedia.org/wiki/Ivan_Massow

Another sunny day in Soho

I am writing from the Outlet headquarters, our second floor office in the heart of Soho, allegedly the liveliest neighbourhood in London, and surely well known all around the world for its theatres, restaurants, shops, bars and nightclubs, buzzing 365 days a year, 24 hours a day.

Here we deal with the most varied aspects of the property business, from attending the demands of excentric tenants and flatsharers, to showing the most lavish mansions in Regents Park to russian oligarchs , from searching for properties for bankers and artists, to providing a funky flat to our beloved gay customers.

Everyone has a story, and their properties tell part of that story, the most interesting ones
will be shared here.

A fair amount of property news will also be included. At the end of the day, property is the reason why we are in the office every morning.

Also we will have a focus in other business which may be of interest for our readers, as they relate to this alternative lifestyle we share in our Soho confessions, I am sure you will get some interesting tips ;-)

Thanks for reading Soho Confessions, I hope you like it!