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London Property and Fractional News

The World's Most Stylish Cities | Forbes, Nicola Ruiz 04.24.08
But none can match London's cosmopolitan vibe. One third of the city's population was born outside Britain; that's 2.3 million Londoners sharing their cultural style, fashion and cuisine. This mix gives tremendous vibrancy to the city, the world's most stylish according to a recent survey.

World's most expensive property sold in London | Holly Watt, The Sunday Times, March 16, 2008
A flat in central London has become the most expensive home in the world, with a price understood to exceed £115m. The flat in St James’s Square, equidistant from 10 Downing Street and Buckingham Palace, was granted planning permission last week. The value of the off-plan sale indicates that the world's most expensive properties are not yet being hit by the international financial crisis.

Ways to share and save | May 16, 2008. NY Times.
To own a second home, you need to be rich, right? Wrong. Various options are out there that let even regular folks have a piece of the vacation-home pie.

How to live like a millionaire – even if it's only part-time | Saturday, 1 March 2008, The Independent.
If that must-have item is just out of reach, why not follow the example of a racehorse syndicate and simply buy a portion of what you want?

Cultural capital | Natalie Hanman, The Guardian, Wednesday February 13 2008
Greater London Authority does not have a large budget for culture compared with funding from other bodies, most notably Arts Council England, which will spend £536m in the capital.

What Will Your Home Be Worth in 2012? | SKY Money. January 15, 2008
Prices in London are predicted to see the largest rate of growth over the next five years. In Greater London, prices are forecast to rise by 29.4%, with growth of 6% alone in 2010.

London, capital of the world | Simon Calder, The Independent, Saturday, 22 December 2007.
A new study has found that the British capital outstrips 60 global rivals as an economic and cultural powerhouse. London has topped the most exhaustive comparison ever compiled.

"When fractions add up." | Sunday Times
"Owning a portion of a property that you can use for fixed periods makes sense, say Lucy Denyer and Rhiannon James. The answer could be fractional ownership.

"Fractional Ownership? We'll have a piece". | Daily Telegraph
"Buying a part-share in a holiday home abroad is simple, stress-free and profitable, says Chris Wilson. Just don't call it timeshare.

"Mayfair on a shoestring" | Daily Telegraph
"What's more, the apartment can be handed down to the next generation without incurring inheritance tax. We also find fractional ownership a lot less problematic than outright ownership

London residential property is the most expensive in the world | Daily Telegraph
London has the most expensive residential property in the world. New research shows that the cost of £1m-plus homes in the capital's swankiest areas outstrips even that of glitzy Monaco and New York.

Super-rich push average price of London house to half-million mark | The Times
The price of an average property in London is expected to reach almost £500,000 by 2012 as the rich spend surplus cash on second homes and investments.

UK property prices for 2008 | The Times
House prices in the capital have been one of the main drivers for growth this year (2007) and most analysts expect it to remain one of the strongest areas. Estate agency Savills thinks prices will rise by an average of 5 per cent in 2008.

Latest property market predictions for 2008 | Country Life
The property market in 2008 will witness a 3-4% rise in prices with prime central London outperforming the market south of the Thames, according to Hamptons.

Price boom for London's luxury homes | Evening Standard
The value of luxury homes in London has continued to soar despite rising interest rates which have sent a chill through the rest of the housing market.

Property prices to hold | Evening Standard
House prices in London will not crash this year, according to the majority of pundits. They believe prices will freeze - although a handful of experts are more optimistic and are forecasting rises of up to six per cent.