London house prices set to fall again this year as buyers struggle to save for a deposit February 8, 2018 London house prices look set to fall again this year as would-be homeowners struggle to save for a deposit. Chartered surveys expect house prices to fall in London over the next 12 months, according to a survey released this morning by the Royal Institution of Chartered Surveyors (Rics). Last year, Nationwide recorded a 0.5 per [...]
Focus On Vauxhall: Donald Trump might not be keen on it, but international investors dig these skyscrapers south of the river February 2, 2018 Vauxhall got dragged through the mud by no less a figure than the President of the United States recently. The US Embassy’s much touted move to the “off location” was supposedly the reason behind Donald Trump’s cancelled visit to the UK, even though the new building has its own moat. Clearly, tech behemoth Apple didn’t [...]
House prices in UK cities are now less affordable than any time in the last 10 years February 2, 2018 Buying a house in UK cities has reached its least affordable in a decade, new research has shown, after the gap between house prices and average earnings widened further. The average worker in must now spend seven times their earnings to buy a house in a city, figures by Lloyds Bank showed, up from 6.9 [...]
Property of the Week: The former Johnson family home has been done up and is now on the market for £11.25m February 1, 2018 Looking for a home that’s fit for a foreign secretary? This five storey Victorian townhouse on Regent’s Park Road was the childhood home of Boris, Rachel and a whole host of Johnsons, including jungle-botherer and father of the thatched brood, Stanley. 60 Regent's Park Road, Primrose Hill, £11.25m Legend has it that he lived in [...]
Overseas investment in London offices hit record levels in 2017 after the Walkie Talkie and Cheesegrater sales January 31, 2018 The sales of two of London's most iconic skyscrapers pushed overseas investors' interests in central London offices to record levels last year, as buyers from the far East flocked to the capital. Figures by CBRE showed investment in central London offices swelled by 26 per cent to £16.4bn last year, after £3.5bn was invested in [...]
Sorry, homeowners: London is now officially a “buyer’s market” January 30, 2018 London’s housing market is at a critical point, new figures have revealed, with heavy discounting by homeowners desperate to sell their properties tipping the capital into a buyer’s market. The average home in London is now sold at four per cent below its original asking price, up from just 0.5 per cent in 2014, the [...]
Legal Q&A: I intend to extend the lease of my flat and read the price payable for an extension is 15 times the current ground rent? Is this correct? January 26, 2018 There is a popular myth that the price for a lease term extension is simply a multiple of the passing ground rent under the terms of the lease. Unfortunately, the price payable for a lease term extension is not as straightforward. Pursuant to the Leasehold Reform, Housing and Urban Land Act 1993 (the Act) [...]
Interiors: Lykke is set to be the Scandi trend of 2018, but what is it, how do you say it and what does it mean for my dining table? January 19, 2018 Copenhagen is not only one of the world’s style capitals, it’s home to the Happiness Research Institute. CEO, Meik Wiking, finds out and measures what happiness is and generates more of it. We know him as the author of The Little Book of Hygge in which he shares the Danes’ love of cosy – winter [...]
Interiors: Ditch the workout equipment and create an oasis of calm in the comfort of your own home January 12, 2018 Whether you bounced into 2018 or you’re still feeling weighed down by yuletide excess, it’s never too late to attempt a fresh start and you don’t even need to leave the house to do it. For tips on how to make your home a chilled out haven, we went to poster girl for all-round wellness [...]
UK house prices: 10 Locations where property values have risen most in 2017 December 28, 2017 A seaside town in Somerset is the biggest winner from rising property prices this year, growing more than 10 per cent since January, new research reveals. Homes in Cleveland grew in value by 11.6 per cent, more than any other place in Britain and ahead of the 3.5 per cent average growth across the country [...]