Wework faces US markets regulator inquiry after failed flotation November 16, 2019 The US markets regulator will undertake an inquiry into Wework’s failed attempt to float on the New York Stock Exchange this summer. The office space company will be scrutinised by the Securities and Exchange Commission to determine whether it broke the law as it went ahead with a public listing, reports claim. Read more: Wework [...]
Property legal Q&A: The neighbours above our flat are very noisy. What should we do? November 15, 2019 Noisy neighbours are a common complaint amongst owners of flats. There are a few ways in which to approach this, and several issues for you to consider. First of all, check the terms of your lease. Better still, also check the terms of your neighbour’s lease, which you can download from the Land Registry for [...]
Focus on Wood Green: First-time buyers flock to this up-and-coming North London locale November 15, 2019 Known to many Londoners as the gateway to a night out at the Alexandra Palace, Wood Green is situated on the border between North East and North West London, just within the North Circular. It is also home to Wood Green Animal Shelter, one of the largest in London which was recently the subject of [...]
These are the top 10 London apartment blocks to rent in, according to residents November 15, 2019 More people in London are renting for longer. While that might conjure up images of shoddy house-shares and nightmare landlords, property developers are now trying to capitalise on the sheer volume of renters in the market by offering them an altogether better experience. Today, it’s not uncommon to find cinema rooms, fitness facilities and co-working [...]
The first flat in Battersea Power Station is now complete – we take a look inside November 15, 2019 Plenty of property developers try to brand their latest apartment block as ‘iconic,’ which, nice as many of them are, is usually a bit of a stretch. The redevelopment of Battersea Power Station into 253 luxury flats and a new headquarters for Apple doesn’t have that problem, however. Other than a three-year hiatus from 2015 [...]
Your wood burner might be hygge, but does it break London’s pollution rules? November 15, 2019 Wood-burning stoves have become a practical and good-looking home accessory, and it’s easy to see why. In our TV-free sitting rooms, we’ve returned to the primordial comfort of a flickering fire, albeit one that conveniently emits smoke straight out of a flue and glows gently behind sealed glass. It’s the centrepiece of our hygge winter [...]
Average London rents jumped last month November 14, 2019 The average rent in London rose to £1,665 last month, according to a report released today. The average rent in the UK grew 2.7 per cent to £953 on the same time last year. Average rents in London grew 2.8 per cent to £1,665, according to the report from tenant referencing firm Homelet. Read more: [...]
New build homes drive UK housing supply increase November 14, 2019 UK housing supply soared in the year to the end of March driven by an increase in the number of new homes being built. There were 241,130 net additional dwellings, up nine per cent on the previous period, with new build homes accounting for 213,660. Read more: UK house prices enjoy sharp annual growth Change [...]
Wework losses ballooned to $1.3bn in quarter before failed float November 13, 2019 Wework losses reportedly more than doubled to $1.3bn (£1bn) in the third quarter ahead of its expected initial public offering (IPO). The figures contained in a presentation for Wework creditors today showed why the company was thrown into crisis when its expected $9bn IPO and connected debt financing deal collapsed in September. The debacle led [...]
London house prices suffer UK’s biggest September drop November 13, 2019 House prices in London suffered the biggest September drop in the UK, according to the latest data. Homes in the capital fell 0.4 per cent year on year that month, compared to house prices’ average increase of one per cent in England. That left London house prices with an average value of £474,601. UK house [...]