Rental prices in London have fallen – except in these postcodes November 10, 2016 London rental price growth slowed down in the third quarter, new research has suggested – unless you live in the likes of St Paul's and Clapham, where things are getting a whole lot more expensive…. Research by SpareRoom found London's rental growth rose two per cent in the third quarter, compared with seven per cent last [...]
Bovis Homes on track to deliver record revenues despite Brexit blip November 10, 2016 Housebuilder Bovis Homes said today that it's on track to meet expectations of revenue and profit growth for the year, despite uncertainty in the market following the EU referendum. The group said that aside from the weeks immediately after the UK's vote to leave the EU, sales during the year to date have followed a normal [...]
Savile Row, Harley Street, Mayfair, St James’ and Portland Place safeguarded by new Westminster council policy November 10, 2016 Five renowned areas of the capital have been safeguarded by a new policy introduced by Westminster council. The policy will allow it to reject planning proposals that threaten the character of the city's well-known areas. The Special Policy Areas come into force today to protect Savile Row, Mayfair, Harley Street, St James's and Portland Place. The policy regulations won't dictate [...]
Interiors: Don’t own any art? Make your own. We explore a growing trend for framing beloved objects November 9, 2016 Bringing our homes alive with personality and creativity isn’t just about hanging pictures on walls, especially if we don’t own a Warhol or a Hirst. It’s now de rigeur to think inside the box and display meaningful physical objects in box-frames, or mount prized items, such as decorative scarfs, LP covers or birthday cards, so [...]
Donald Trump’s Presidential election victory could be good for London house prices November 9, 2016 Donald Trump may be about to take the White House, but here in Blighty we're more concerned about one thing: house prices. Thankfully, analyst Anthony Codling has already answered the question everyone was asking: what does a Trump win mean for London house prices? In the short term, he suggests, the London market may get a [...]
How to put your children onto the property ladder (without acrimony) November 9, 2016 With rising house prices and tighter lending criteria, it is increasingly difficult for young people to get onto the housing ladder. In most cases, they will need to call on the Bank of Mum and Dad. Parents who want to help their children are often uncertain about the best way to provide the funds, the [...]
Property of the Week: Penthouse designed by Stirling Prize winning architects is “the jewel in the crown” of Millbank development November 8, 2016 A penthouse that’s nestled in between Vauxhall Bridge and Tate Britain went on sale on this week, with a guide price of £25m. The duplex is sits at the apex of a curvy riverside building that’s been designed by architectural firm Stanton Williams, which won the RIBA Stirling Prize in 2012 for its Sainsbury Laboratory. [...]
Opinion: Berlin estate agent says there’s been a sharp increase in Brits buying post-Brexit November 8, 2016 The UK’s referendum decision to leave the EU sent a shockwave across the entire world, which has been illustrated by the mini-crash of the pound since the result was announced. In terms of the wider fallouts and effects of the UK’s departure, we must continue to wait and see how the UK aligns and positions [...]
Construction begins on Europe’s tallest modular residential block November 8, 2016 Work has begun on Europe's tallest modular residential tower block, the latest innovation scheme to help combat London's housing crisis. The 26-storey tower will be built in Mapleton Crescent in Wandsworth, and is constructed entirely from modular units – compact flats assembled in factories before being installed with cranes. Read more: How innovation is transforming the property industry The 89-unit [...]
UK house price growth eased off in October November 7, 2016 Much has been said about whether the Brexit vote hit demand for homes in the UK. Figures published today suggest that may be the case: prices grew 5.2 per cent in October, down from 5.8 per cent in September. The average house price hit £217,411 in October, according to the Halifax house price index – that's [...]