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 [...]
Persimmon apologises over Help to Buy faults July 15, 2019 Housebuilding giant Persimmon has been forced to apologise to Help to Buy customers after it was revealed that new homes built by the company were riddled with faults. Persimmon builds more Help to Buy properties than any other developer but an investigation by Channel 4 found that one new build home had a total of [...]
New homes: Our pick of the new builds going on sale in London this weekend July 12, 2019 High Street Quarter, Hounslow From £344,000 for a one-bed Jet-setting Londoners will want to check out Barratt London’s new High Street Quarter development in Hounslow, which launches this Saturday and is just ten minutes from Heathrow Airport. As well as 528 one and two-bed apartments it will also include a new public square, Cineworld cinema, [...]
Clerkenwell controversy: The award-winning development that could be torn down July 12, 2019 London’s walking tours are a great way to read the streets. Layers of history are all around us – every brick, every alley has a story to tell, and guides familiarise us with architectural styles, from modern to maverick. During this May’s Clerkenwell Design Festival I found not one but two design walking tours of [...]