Hitting the wall: The latest wallpaper trends for this autumn October 15, 2021 The evolution of wallpaper is the story that keeps on giving. New colours, new techniques, new patterns, new technical innovations, new ways to render metallics… and now a return to more sustainable materials. if you haven’t got into wallpaper yet you are in for a treat. Firstly, it works absolutely everywhere. Bedrooms, especially, benefit from [...]
House prices: Value of homes in Kensington and Chelsea alone same as whole of Wales October 14, 2021 Homes across Britain have added £49,257 to their value over the past five years on average, according to a property website. The total value of homes has risen by 20 per cent – or £1.6 trillion – in the past five years, Zoopla said. More than a third (£550bn) of the £1.6 trillion increase has [...]
Value of Westminster and Chelsea homes equals value of Welsh homes October 14, 2021 The value of UK property has hit £9.2tn, four times the country’s GDP. This sum – which is more than four times the value of all companies listed in the FTSE 100 – has risen £1.6tn over the past five years. More than a third of that growth has been in the past year alone, [...]
Buyers face slim pickings as market supply still limited October 14, 2021 Buyers have slim pickings when it comes to the housing market, with a continued lack of supply of homes on the market. There was a more stable trend in buyer demand in September, after a brief pull-back following the frenzy around the stamp duty holiday. Data from the Royal Institution of Chartered Surveyors (RCIS) showed [...]
Barratt remains on track with steady customer reservations October 13, 2021 UK residential property developer Barratt Developments is on track to deliver its targets for the medium term as well as for FY2022, after registering a steady customer demand between 1 July and 10 October. “The positive start to the new financial year has continued in recent weeks with private reservations remaining strong,” said Barratt’s chief [...]
It’s time to break the social housing stalemate and build affordable homes October 12, 2021 When you’re losing in a game of chess, you try to end it with a stalemate: no one wins and no one loses. The game ends in a draw. The social housing system in the UK finds itself exactly in this position. The difference is that someone is losing: the scores of families stuck on [...]
German investors plug £847m into City property October 11, 2021 German investors have injected £847m into property in the Square Mile so far this year. This is the second-highest level invested into properties in the City of London since 2013, the Telegraph newspaper reported. One in five property transactions in the City were carried out by German investors in the year to mid September, according [...]
Businesses yet to receive a penny from £1.5bn Covid support pot October 11, 2021 English businesses are yet to receive a single penny in relief following the announcement of a £1.5bn targeted Covid support fund six months ago. The business rates relief fund was announced to help businesses affected by Covid outside the retail, hospitality, and leisure sectors. The government said it would retrospectively ban more than 170,000 rates [...]
High street bosses plead Chancellor to slash business rates October 10, 2021 Around 20 retail leaders have called for a cut to business rates to ensure the high street’s pandemic recovery. Some 21 bosses – including leaders of Iceland and MossBros – have written to Chancellor Rishi Sunak and said urgent intervention is needed to protect businesses. “There are many views on precisely how the business rates [...]
Tory manifesto pledge to build 300,000 new homes a year ‘almost impossible’, say analysts October 10, 2021 Boris Johnson’s pledge at the last election to build 300,000 new home a year by the middle of this decade is now “almost impossible” due to labour and material shortages, according to industry groups. The Conservative party’s election winning 2019 manifesto included a promise to build “300,000 homes a year by the mid-2020s” and that [...]