Buy a house worth worshipping like one of these ultra-ambitious and clever church conversions February 24, 2017 British buyers in particular want to tick three boxes when they go house-hunting; location, space and character. Church conversions offer all three. They’re often in the centre of town, where they would have been convenient for parishioners; have high ceilings and a generous footprint; and are often packed with historical details and period features. Here [...]
Focus On Paddington: With Crossrail, a £775m glass cube and new homes, W2 is about to become one of London’s next property hotspots February 24, 2017 Believe it or not, Paddington, synonymous for so long with its eponymous cartoon bear and its fantastic transport links, is one of the most undervalued places in Prime Central London. Within walking distance to Hyde Park, Oxford Circus and smart neighbourhoods like Mayfair and Knightsbridge, it’s nevertheless not traditionally seen as a great residential location. [...]
New homes: The new properties going on sale this weekend in White City, Upton Park, Putney, Chelsea and St James February 24, 2017 Television Centre, White City From £750,000 New homes are going on sale tomorrow at the iconic former home of the BBC in west London. One to three bedroom apartments will go on the market, all with balconies overlooking Hammersmith Park’s Japanese ornamental garden, which was created in 1910 as part of the Japan-Britain exhibition. They [...]
Rightmove revenues jump as it attracts a record number of customers – but chief exec steps down February 24, 2017 Take that, rivals: Rightmove beat analyst expectations on almost every level with its 2016 results – another sign worries about the property market after the EU referendum were misplaced. The figures Revenues rose 15 per cent to £220m in 2016, with underlying operating profit rising 15 per cent to £166.2m. The company said it had attracted a record number of customers, with its [...]
Safe as houses? London property price growth will grind to a halt this year February 24, 2017 House price growth in London slowed to just 6.4 per cent in January – the lowest level for four years – and experts have predicted growth will grind to a halt at some point this year. The last time growth was so sluggish in the capital was June 2013, according to Hometrack's data. Read more: This [...]
This London developer will build homes on rooftops in just 45 weeks February 23, 2017 Apex Airspace, a company that uses so-called modular construction techniques to create homes on rooftops, is embarking on a £11.5m scheme together with Lambeth & Southwark Housing Association. The group will build 28 new flats on a site in Southwark, 11 of which will be affordable rental homes. Apex has also agreed to renovate the existing building [...]
Strike the perfect work-play balance with this amazing mews property that has a separate office space in Notting Hill February 23, 2017 Walking down Ledbury Road, you’re flanked by the ice cream-coloured terraces and petite boutiques that make Notting Hill one of the most desirable and picturesque residential spots in London. As the heavy black walls of The Ledbury restaurant approach, like a high-security compound for Michelin-starred food, you could be forgiven for missing Powis Mews, a [...]
Intu becomes top FTSE 100 riser despite profit drop February 23, 2017 Intu properties was the top FTSE riser this morning, despite the group's profit falling by more than 60 per cent. The figures Intu's profit fell by 67 per cent for the year to the end of December 2016 due to falling capital values on its properties. However, net rental income was up, rising 4.4 per cent from [...]
Airbnb isn’t only revolutionising the holiday market; it’s also changing the way offices are designed February 23, 2017 When Airbnb sent round a survey to its employees in Paris asking what they’d like in their new office, the request was for a petanque field. For the uninitiated, petanque is a form of boules played with a wooden ball. “We were like, ‘weeeelllll, that may not happen, it could be a little dirty and [...]
Mortgage lenders have just had their best January since 2008 February 23, 2017 Mortgage lending hit £18.9bn in January, new figures have shown – two per cent up on the same month last year, and the best January since 2008. The Council of Mortgage Lenders (CML) said the figure was down six per cent on December's £20bn – but added that the number of first-time buyers had continued [...]