Kensington Capital, List of mortgage lenders New York

Financiers' Charity Gala Goes the Way of Canapés

24.05.13

“The dinner was a great thing to get people to know us but we now want the programs to be front of mind,” said a spokeswoman for Ark, which stands for Absolute Return for Kids. The charity might still hold gala dinners, the spokeswoman added, but no longer as an annual event.

Last year, Prince William and his wife, Kate, the Duchess of Cambridge, joined Pierre Lagrange, a co-founder of GLG Partners, and Louis Bacon of Moore Capital Management. The event was held in Kensington Palace Gardens, surrounded by some of the most expensive properties in the world. After playing a few songs, the band Kings of Leon agreed to donate a guitar, which was auctioned off together with other prizes like a week on a yacht.

Over the years, the dinners helped Ark to raise more than $230 million for its projects, including those supporting vaccinations in Zambia and helping orphans in Romania and Bulgaria. Mr. Busson is chairman of EIM, a fund-of-funds company he set up in 1991. He is a co-chairman of Ark along with Ian Wace, the chief executive and co-founder of the hedge fund Marshall Wace.

Source: http://dealbook.nytimes.com/2013/04/29/financiers-charity-gala-goes-the-way-of-canaps/

Return of the north/south divide as house prices surge almost 10% in London in ...

24.05.13

In total, 47,600 properties changed hands in March, ranging from as little as £14,000 to £12.5million.

The £12.5million property which sold in March was in the London district of Kensington - the most expensive place in the UK in which to live. The cheapest sale in March 2013 at £14,000 was located in Burnley in Lancashire.

Sales were significantly below previous monthly averages. From October 2011 to January 2012 there was an average of 56,445 sales per month. In the same months a year later, the figure was 54,810.

In more positive news for the property market, the Land Registry said repossessions fell 18 per cent in the year from 1,602 in January 2012 to 1,317 at the start of this year.

The Land Registry said the most up-to-date figures available for January showed house prices sales fell 5 per cent year-on-year to 41,763 compared with 43,752 in January 2012.

The number of properties sold in England and Wales for

Source: http://www.thisismoney.co.uk/money/mortgageshome/article-2316578/North-South-divide-widens-house-prices-surge-10-London-year-fall-nearly-6-North-East.html