First time buyers: Homes in London 26 per cent cheaper but affordability remains an issue Property First time buyers in London are spending 26 per cent below the UK market average, but the majority of buyers are struggling with affordability. According to a new report by Zoopla, the average cost of a first time property in London is £399k, which is around £140k cheaper than a typical home would cost in [...]
Working from home sees London karaoke bars enjoy rise in Sunday Fundays NO MORE MANIC MONDAYS Londoners are staving off the Sunday Blues with karaoke nights – taking advantage of an extra lie-in on work-from-home Monday mornings. Charlie Elek, the managing director of Lucky Voice, a capital-focussed karaoke chain, told CityA.M. that a rise in hybrid working had “worked in our favour”. The number of punters through the door at his [...]
Vacant homes in London increase by the thousands, fuelling squeezed supply worst offender: westminster Westminster has seen the number of vacant but owned homes jump by 48 per cent over the past year – the equivalent of nearly 2,500 homes – as property demand in London outpaces supply. London is the only region of England which has seen the number of vacant homes rise over the past year, according [...]
Housebuilder: Planning and tax rules are stopping us building London homes December 8, 2023 Berkeley Group CEO Rob Perrins has said Britain's planning frameworks are making it increasingly difficult to build new homes for Londoners
Buyers seek second homes in London to avoid countryside commutes October 4, 2021 Commuters facing the reality of daily journeys into the city are hunting for London homes with a renewed zest. Home buyers are eager to have their cake and eat it too, with some people having settled in the countryside now looking for second homes in the city. The number of new prospective buyers registering with [...]
All aboard: Searches for homes near London stations soar September 30, 2021 The rush back to the office has inspired a jump in searches for homes close to London stations that give them a quick commute into the City. House hunters were keen to have speedy access to Central London, as the momentum behind the office return ramped up, according to data from RightMove, shared with CityAM. [...]
All aboard: Searches for homes near London stations soar – CityAM : CityAM September 30, 2021 The rush back to the office has inspired a jump in searches for homes close to London stations that give them a quick commute into the City. House hunters were keen to have speedy access to Central London, as the momentum behind the office return ramped up, according to data from RightMove, shared with CityAM. [...]
One of London’s most expensive mansions has been bought by UAE president MBZ April 4, 2024 Sheikh Mohammed bin Zayed Al Nahyan, the president of the United Arab Emirates, has reportedly bought one of the most expensive homes in London.
Cost of buying first home in London more than doubles over last half century June 26, 2021 Today’s first-time-buyers in London have to pay two and a half times as much for their first home as they did five decades ago, according to new research. A report published by the Resolution Foundation today shows the cost of purchasing a first home with a mortgage in the capital was £212,000 in 1974 – [...]
Billionaire vaccine maker buys London’s most expensive property of the year December 12, 2023 A billionaire who made his wealth from vaccines has just made the most expensive purchase on a home in London this year, snapping up a Mayfair mansion for £138m.