Property of the Week: Live in the home of the real-life Peter Pan July 19, 2019 Let’s face it – being a grown-up can be pretty tiresome. It’s why adults everywhere are working on their colouring books, letting loose in ball pits and commuting to work via scooter. If you too want to channel your inner child, what better way than by living in a house once occupied by the children [...]
New homes: Our pick of the new builds going on sale in London this weekend July 19, 2019 Grand Union, Alperton From £350,000 for a studio Homes are now available to buy at Grand Union, the major regeneration project being undertaken by St George, which has seen the developer open up a previously inaccesible section of the Grand Union Canal. The development in Alperton will comprise 3,000 studio, one, two and three-bedroom homes, [...]
We need a bold new approach to tackle London’s housing crisis July 19, 2019 When I was a young boy in the 1970s, my family lived in council housing in Ladbroke Grove, and London was in decline. The depressed mood about London was reflected in the price of housing: the average property cost just £24,000. Mind you, the average income was only £6,000. The prospect of our family owning [...]
Renter demand soars after tenant fee ban July 19, 2019 Tenant demand soared in June as renters rushed to secure new properties following the introduction of new rules to ban letting agent fees. In London, demand increased by 13 per cent from May to June compared to a four-year average of four per cent. Read more: The potential consequences of the tenant fee ban Nationally [...]
Tory MP slams ‘con-artist’ Persimmon over Help to Buy faults July 17, 2019 A Conservative MP has branded property developer Persimmon a group of “crooks, cowboys and con-artists” after faults emerged in Help to Buy homes built by the firm. Speaking during Prime Minister’s Questions this afternoon Robert Halfon MP said he had met with constituents living in homes built by Persimmon that were “shoddily built, with severe [...]
London house prices suffer worst plunge in 10 years July 17, 2019 London house prices suffered a staggering 4.4 per cent annual drop in May, their worst annual drop since the financial crisis, public data revealed today. While UK house prices rose 1.2 per cent compared to May 2018, London house prices sank, the Office for National Statistics (ONS) revealed. Read more: UK house prices slip for [...]
Stop nudging people towards property at the expense of their pension – it’s irresponsible July 16, 2019 Suggestions that young workers should be able to dip into their pension savings to help buy their first home are unhelpful
Barratt Developments: A cheap income play too good to miss? July 15, 2019 | City Talk There’s lots to like about housebuilders, but all may not be what it seems, writes our head of markets. Until recently, the housebuilders had been directly in the firing line given Brexit uncertainty. This position has changed of late as the sector generally continues to make hay while the sun shines. The backdrop has been [...]
Focus on Twickenham: leafy suburb offers better value than its riverside neighbours Richmond and Putney July 15, 2019 If you were a wealthy member of 18th century London society set looking for a fashionable spot on which to locate your sprawling pad, Twickenham was the place to be. The south west London district – then part of Middlesex – was chosen for the purpose by poet Alexander Pope as well as Horace Walpole, [...]
UK house prices slip for first time this year as Rightmove hails buyers’ market July 15, 2019 UK house prices have slipped this month for the first time this year, signalling a buyers’ market in the second half of 2019. Prices have fallen by 0.2 per cent, or £656, on average, according to Rightmove’s House Price Index, published today. Read more: House prices surge in June Fewer properties are coming to market [...]