Cathal O’Rourke writes:
“Fresh in the door. It’s a photocopy – he had about 50 in his hand.”
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Tag Archives: Property Market
Canary Wharf’s lofty office towers are set to be overshadowed by Europe’s tallest residential building in further evidence of London’s effervescent housing market.
Tom Ryan, an Irish property investor, intends to build a £1bn, 74-storey skyscraper on the site he acquired for £100m on Thursday in the business district to the east of the City of London. The tower will be 7 metres higher than Canary Wharf’s tallest office building. The acquisition is the first in what sources say will be a series of UK property investments by Mr Ryan.
Hertsmere is the first British scheme for Mr Ryan, who has invested in several other countries, Mr Berridge said. Ryan Corporation would not provide details of Mr Ryan’s past developments.
Canary Wharf to see Europe’s tallest residential tower (Kate Allen, Financial Times) (behind paywall)
Karen writes:
Can anyone explain what is going on in the Property Market?
I’ve currently made an offer on two properties with two different estate agents. Both have informed me that it is banks that are selling these properties.
One of my offers is above the advertised asking price.
My other offer is at the advertised asking price.
I’ve been waiting over two weeks to hear anything back in relation to my offers.
Is there some scam going on in which banks are legally obliged to put these properties on the market – but in actual fact they are not trying to sell the properties for some reason?
Isn’t this false advertising (seeing as I’ve made an offer at the asking price)?
A few months ago that I made an offer and the estate agent simply never got back to me at all.
I’ve also noticed that certain properties keep being described as “sale agreed” and then a few weeks later they are back for sale on the property websites.
I accept that the buyer can pull out after a survey or for other reasons but the whole thing is very fishy.
There was another property that I wanted to view but the estate agent couldn’t make contact with the owner or the tenant in order to arrange a viewing.
That was about three weeks ago.
I’d appreciate the opinion of anyone in the know about this.
Anyone?
(Eamonn Farrell/Photocall Ireland)