Legal Q&A: I want to make alterations to my flat, but joint freeholders are blocking this. What can I do? July 22, 2019 This is a common problem encountered by flat owners who want to make improvements to their flat but are faced with objections from the other leaseholders in the building. To overcome this hurdle, there are a number of things to consider. Firstly, will the type of alterations to be carried out affect the structural integrity [...]
BT reveals new City headquarters as it plans to move by end of 2021 July 22, 2019 BT will move its headquarters to a new site in the City following the £210m sale of its London offices last week. Read more: BT agrees £210m sale of London headquarters The telecoms firm said its new headquarters will be based in a new 320,000 square foot building near Aldgate East station at 1 Braham Street, [...]
Mortgages with terms over 40 years jump 20-fold July 22, 2019 The number of approved UK home mortgages with a term of more than 40 years rocketed in 2018, rising over 20-fold to 3,483 from just 162 the previous year, according to analysis by London estate agent Ludlow Thompson. Read more: Mortgage approvals dip in May but remain above average The figures are the latest sign [...]
Pinch brings boutique British interiors to Pimlico’s design district July 19, 2019 Pimlico Road Design District is fast becoming a galaxy of interiors stars. From designers Rose Uniacke, Nicholas Haslem and Sibyl Colefax & John Fowler, to the delectable fabrics and wallpaper of Soane Britain, and the luxury textiles of de Le Cuona, each shop and showroom is unique, and there’s a contemporary energy to a district [...]
Shareholders rebel at Homeserve over ex-director payouts July 19, 2019 Shareholders dealt home repairs company Homeserve a bloody nose today as 30 per cent voted against the directors’ pay report. Read more: Homeserve maintains strong outlook as investors toast success across the pond Advisory firm Institutional Shareholder Services (ISS) had recommended Homeserve shareholders vote against the remuneration report – which lays out directors’ pay – [...]
Sadiq Khan slammed for London rental cap proposals July 19, 2019 Mayor of London Sadiq Khan has been blasted as “economically illiterate” after announcing plans to cap rents on homes in the capital. Read more: Sadiq Khan rejects Tulip tower planning application Khan today called for the government to give him powers to limit the amount rents can rise in London, which has seen rental prices [...]
Focus on St John’s Wood: Super-prime rentals are hot property in this US enclave July 19, 2019 With its secluded streets, proximity to the West End and legendary status in the worlds of both sport and music as the home of Lord’s and Abbey Road, St John’s Wood has long been a desirable address. PG Wodehouse made it the home of Bertie Wooster’s best pal, aristocrat Bingo Little, in his Jeeves series; [...]
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 [...]