Six charts showing what the Brexit vote has done to UK house prices July 18, 2017 When the result of the EU referendum came in, the housebuilding sector was one of the FTSE's hardest-hit groups, as investors panicked about what would become of the UK's housing market. A year on, and analysis by PwC suggests things haven't been quite as bad as expected: house prices will grow at an average rate [...]
Focus On Woolwich: Crossrail, a huge regeneration project, cultural quarter and affordable housing in SE18 July 14, 2017 The West End, the Southbank, Shoreditch and now… Woolwich? Could this south east London suburb be the new place you head to on a Saturday night to soak up some culture? If it’s astronomical house price rises over the past five years are anything to go by, it could well be. In March, planning permission [...]
High London house prices are not a bubble waiting to burst July 5, 2017 History is replete with examples of financial bubbles, from Dutch ‘Tulipmania’ in the 1630s and the South Sea bubble of 1720, through to the Wall Street Crash of 1929 and the dot com boom and bust at the turn of the twentieth century. Could London house prices be the next big bubble to burst? To [...]
An analyst has worked out what happens to London house prices under three scary political scenarios July 4, 2017 Politics: it's been decidedly unpredictable in recent years. Not surprisingly, the resulting uncertainty has led to homeowners taking a moment to consider whether now is the best time to buy or sell. Now an analyst at UBS Wealth Management has confronted three of property owners' scariest political nightmares head-on, working out exactly what would happen [...]
Interiors: At Home with Plants by Ian Drummond and Kara O’Reilly will get you started caring for stress-busting indoor plants July 3, 2017 For me, indoor plants are key to bringing another energy and life to a space,” says Tara Bernerd, one of the world’s most in-demand interior designers. “The greens add bold colour and the textures add an emotion that anything man-made can’t achieve.” No wonder they are everywhere around town – The Ivy has even created [...]
Focus On New Cross: With year-on-year house price growth at nearly 15 per cent, SE14 is a safe bet in Zone Two July 3, 2017 Like many areas tipped for great growth in years to come, New Cross is a place that’s sandwiched in between two much trendier neighbours. The meteoric rise of Peckham and Deptford has left poor SE14 trailing in its wake, but there’s no reason why it shouldn’t be just as popular in just a few years. [...]
UK house prices: Is a crash coming? These economists thinks so, raising spectre of negative equity July 2, 2017 Leading economists have warned that the UK is heading for a collapse in house prices not seen since the early 90s which risks plunging homeowners into negative equity. "We are due a significant correction in house prices. I think we are beginning to see signs that correction may be starting," said Paul Cheshire, a professor [...]
The history of colour paints: Patrick Baty, Britain’s foremost paint historian unearths hidden treasure in his first book The Anatomy of Colour June 29, 2017 After a fire raged through Hampton Court Palace, a huge restoration effort took place to restore its historic halls and royal bedchambers. Historic Royal Palaces, the charity responsible for maintaining the building, reached out for new interior designers in some cases, but what they needed most was experts to emulate the architecture as accurately as [...]
Revealed: The best UK areas to buy holiday lets, as ‘Airbnb effect’ and weak pound pumps up income to double that of residential lets June 20, 2017 After a sweltering few days in London, holidaying in the UK may not seem like such a bad idea. And as the pound has weakened and apps like Airbnbmake it easier to let out a house, the country's holiday let market has boomed. Average income per booking was up 6.4 per cent year-on year in [...]
Focus On Orpington: Developers are starting to show an interest in this well-connected town in Zone 6 June 16, 2017 When house-hunting in London, the sleepy town of Orpington may not be high up your list. But there are many reasons why it should be, not least because its house price growth is among the fastest in outer London. According to estate agent JLL’s London Residential Heat Map, house prices in the BR6 postcode grew [...]