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Fashion model Daisy Lowe sells her Camden townhouse for £1.82million – after she was sued

admin — Wed, 06 Sep 2023 17:49:02 +0000

Daisy Lowe has sold her Camden townhouse for £1.82million – after she was sued by a celebrity builder for not paying a £45,000 refurbishment bill.

The fashion model, 34, bought the three-storey period property for £1.55million in 2017 and set about updating it, with trendy decor and a new kitchen extension.

She sold it last year for £1.82million – £20,000 more than the asking price of £1.8million.

The model excitedly told followers on Instagram that she and her partner Jordan Saul are ready to take on a new renovation project together.

Posting images of her former pad in north London, the star said: ‘While Ivy is napping I am finally getting to sit down and start planning our new renovation.

Sale: Daisy Lowe, 34, (pictured) has sold her Camden townhouse for £1.82million – after she was sued by a celebrity builder for not paying a £45,000 refurbishment bill

House: The fashion model bought the three-storey period property (pictured) for £1.55million in 2017 and set about updating it, with trendy decor and a new kitchen extension

Style: The house uses a lot of pink and green paint, with brightly coloured soft furnishings

Design: Daisy became embroiled in a row with her former builder last year after he claimed she still owed him money for her kitchen extension

‘I am feeling very excited to make a new nest for us (and slightly nervous my baby brain might take over and make every single thing pink).

‘These are the pictures @inigo.house took of mine & @jordanjaysaul first home together.

‘I am really proud of what we created after lots of blood sweat and tears! Now onto the next.’

Agents Inigo House described it as a ‘wonderful three-storey house within the Camden Square conservation area’.

It was built in the 1860s and has 1,600 square feet of space, including a bespoke DeVol kitchen.

‘Great care has gone into the design and renovation, which saw the introduction of a glass-roofed extension to the rear; all interior and exterior paints are by the ecologically-sound colour specialists Lick Paint,’ the description went on.

Amazing: Agents Inigo House described it as a ‘wonderful three-storey house’

Period property: Pictures show Daisy’s interior decor touches, perhaps a gift from her designer mother Pearl, throughout the house

Pretty: The hose features many beautiful vintage-style details such as this ceiling rose

Colours: The walls of the hallway are painted pale pink while the staircase is green

Stars: The house lies close to the one owned by Amy Winehouse when she died and is in a celeb-filled enclave

Clothes: Daisy’s wardrobe can be seen bursting at the seams

Impressive: ‘The kitchen is arguably the most impressive space,’ the description says

Baby: Daisy and Jordan welcomed their first child, daughter Ivy, in April

‘Historic features have been revealed, restored, and celebrated, including beautiful Victorian cornicing, box sash windows, chimneypieces and pitch pine floors.

‘Additionally, the house has been fitted with a speaker system throughout to accommodate a Sonos unit.’

The house lies close to the one owned by Amy Winehouse when she died and is in a celeb-filled enclave.

‘The kitchen is arguably the most impressive space,’ the description goes on.

‘Recently designed and completed by DeVol and set within a glass mono-pitch roof extension, the contemporary addition flows effortlessly with the main house, both spatially and in the quality of design.’

Pictures show Daisy’s interior decor touches, perhaps a gift from her designer mother Pearl, throughout the house.

The house uses a lot of pink and green paint, with brightly coloured soft furnishings.

Her wardrobe can be seen bursting at the seams, while a bathroom uses brightly coloured floral wallpaper.

Daisy became embroiled in a row with her former builder last year after he claimed she still owed him money for her kitchen extension.

But the fashion model claimed the work hadn’t been up to scratch.

Daisy and Jordan welcomed their first child, daughter Ivy, in April.

Barratt sells rental homes to Lloyds Bank subsidiary for £168m

admin — Fri, 30 Jun 2023 14:29:36 +0000

Barratt Developments sells 604-home portfolio to Lloyds Bank subsidiary Citra for £168m in private rental deal

Citra Living was founded in 2021 and is a private rental landlord

By Mike Sheen For This Is Money

Updated: 07:11 EDT, 30 June 2023

Barratt Developments has sold a portfolio of 604 new homes to Lloyds Banking Group subsidiary Citra Living in an all-cash deal valued at £168.4million.

The deal will see 500 homes completed and transferred to Citra by an expected date of 30 June next year, with the rest scheduled by the same date in 2025.

Citra’s model is to retain ownership of the homes and then rent them out, acting as a corporate landlord.

A 2021 strategic partnership between the pair has seen the housebuilder already transfer 502 homes on individual sites to Citra.

Barratt Developments investors reacted positively to the transaction

Barratt Developments shares were up 1.1 per cent to 416.8p around midday on Friday, bringing performance back marginally into positive territory for 2023 so far.

Housebuilder shares have come under pressure in recent months as investors fret about the impact of rising interest rates and a slowdown in properties being completed.

Barratt has previously flagged sales volumes significantly below last year’s levels.

Lloyds, which is the UK’s biggest mortgage lender, launched Citra in 2021 with the aim of building 50,000 homes by the end of the decade.

This would make it a larger company than Grainger, the country’s biggest private residential landlord, and give it an estimated balance sheet of £4billion and £300million in pre-tax profit.

Citra and Lloyds’ most recent transaction includes 195 homes across four developments, with a gross asset value of £21.5million, conditional on the satisfactory completion of due diligence by Citra.

Barratt chief executive David Thomas said: ‘The single-family dwelling segment of the private rental sector continues to grow strongly and presents an opportunity for us to both diversify our revenues against the current challenging market backdrop and develop communities which encompass all forms of housing tenure.’

Managing director of Citra Andy Hutchinson added: ‘Our goal at Citra is to bring much needed high quality homes to the UK rental market, to help create balanced communities in the places that people want to live.

‘Our partnership with Barratt helps us achieve that goal and will contribute to delivering much needed housing stock across the UK.’

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BUSINESS LIVE: UK GDP grows 0.1%; Barratt sells £168m portfolio

admin — Fri, 30 Jun 2023 08:28:46 +0000

BUSINESS LIVE: GDP growth of 0.1% in Q1 confirmed; Barratt sells £168m portfolio to Lloyds subsidiary; Centrica expands gas storage capacity

By Live Commentary

Updated: 04:17 EDT, 30 June 2023