House prices along the Thames: How much do you pay for a riverside view in London? September 14, 2021 There’s something incredibly tranquil about a property with a riverside view, especially in the UK’s biggest cities. In London, homes with views across the River Thames are in high demand and many command a price premium. However, depending on location, it’s possible to pay as much as £3m or as little as £280,000 for a [...]
Property: ‘Best market in two decades’ but lack of stock spooks sellers September 14, 2021 The property market is in the best shape to sell in more than two decades, OnTheMarket’s boss has said, but sellers are being spooked by the lack of stock and the rapid rate at which homes are being snapped up. Some 73 per cent of UK buyers felt confident that they would purchase a property [...]
Make the most of your properties with short letting September 13, 2021 | Sponsored If you’re thinking about relocating, are a frequent traveller or have a second home that’s often vacant, short-term rentals could provide a new source of income and possibly help you to take advantage of the increased freedom to work from anywhere. Under The Doormat has welcomed more than 12,000 guests since 2014 and fully manages more [...]
Government’s ambitious planning reforms to be watered down September 11, 2021 Planning reforms that were designed to boost homebuilding are set to watered down by the Government, according to various reports this morning. With a target of building 300,000 new homes a year in England, ministers had said they wanted to overhaul the planning system, arguing reforms would boost the building of high-quality, sustainable homes, by [...]
Exclusive: Home improvement boom gives SME construction a 35 per cent lockdown boost September 9, 2021 The home improvement boom experienced during three strict lockdowns has led to a 35 per cent increase in sales for SMEs in construction, according to new data that was shared exclusively with City A.M. today. Figures from almost a quarter of a million invoices recorded by 915 trade SMEs has shown that the average invoice value [...]
How Hastens luxury beds are helping beat ‘Covidsomnia’ September 8, 2021 Before the onset of the pandemic, insomnia was something I’d only experienced vicariously, through the red-eyed stares of characters on screen, or the defeated anecdotes of colleagues with young children. I’ve always been a big sleeper, never really growing out of that teenage phase of lying in bed late at weekends and occasionally enjoying an [...]
Here’s how much you must put into your child’s JISA to get them on the housing ladder September 6, 2021 Parents and grandparents face putting away more than £3,000 per year typically to help children on to the property ladder in adulthood, and in London it’s more than double that. A child born in 2021 would need average annual deposits of £3,129 into their Junior Isa (Jisa) to afford the average UK first-time buyer deposit [...]
Foreign cash influx: UK properties firmly back on the radar of foreign investors September 6, 2021 New and returning overseas investors are poised to enter the UK property market following the disruption caused by the coronavirus pandemic, new figures that were released today suggest. Knight Frank said its web traffic data showed nearly a quarter (24 per cent) of users looking at sales and lettings properties in August were based abroad. [...]
Housebuilder Vistry ties bosses pay to carbon cutting efforts September 3, 2021 Housebuilder Vistry has confirmed it will link its executives pay to sustainability targets from next year onwards, amid the UK’s push for net zero. The new practice appears a tangible effort to make the carbon-heavy construction and housebuilding sector more sustainable, ahead of the UN’s flagship climate conference COP26 in November. While bosses have been [...]
Berkeley on track with profit guidance despite ‘challenging’ market conditions September 3, 2021 Housebuilder Berkeley Group has said it is on track with its profit guidance for the current year after “resilient market conditions” continued over the past four months. The company said reservations are currently in line with those seen two years prior to the pandemic, after seeing a “gradual firming” of the London market in recent [...]