Apple’s move to Battersea Power Station boosted London office take-up in the third quarter October 17, 2016 Take up of London's office space has bounced back in the third quarter as the market adjusted to the new normal following the Brexit vote. According to figures from CBRE, acquisition of office space increased 21 per cent quarter-on-quarter, having fallen by 22 per cent in the second quarter. At 2.9 million square feet (sq [...]
Property price rebound continues in October as northern divide deepens October 17, 2016 The price of property in the UK coming on to market has risen for the second consecutive month, recovering from two consecutive falls in July and August. The average price of property coming to market rose by 0.9 per cent (£2,623) this month to £309,122, just 0.4 per cent below the all-time high reached in June. [...]
People living in this location care most about house prices October 16, 2016 The hot topic of house prices keeps the nation preoccupied perhaps more than any other country – but some areas of Britain are more concerned than others. Residents of Reading are the nosiest when it comes to finding out how much their neighbours' homes are worth, searching twice as much as those in other areas according to property website Zoopla. [...]
London house prices fall in September, driven by value drops in most expensive boroughs October 15, 2016 The average house price across England and Wales rose minimally last month, with a month-on-month fall recorded in London. The 0.6 per cent fall in the capital between August and September was prompted by large drops in value in the most expensive boroughs. While 11 of the 12 cheapest boroughs saw double-digit annual house price [...]
Opinion: If we want to solve the housing crisis, we need to find smarter ways of building October 14, 2016 T he fact remains that London doesn’t have enough homes. The city is growing by about 100,000 people annually, but only 25,000 homes were built in the same period last year. As well as finding the land to build these homes, we also need to find ways to build them quickly on a large scale. [...]
Holiday Homes: Keith Perry searches for affordable second homes on the Cap d’Antibes October 14, 2016 As the superyachts glide across the gulf of Juan-les-Pins and vintage Porsches roll out of the multimillion pound villas on the Cap d’Antibes, it’s not hard to see how F Scott Fitzgerald found the inspiration for The Great Gatsby while looking out to sea from one of these beautiful villas. Avenues of pine trees lead [...]
Homes in “UK’s tallest residential tower” go on sale in Canary Wharf and other new homes on the market this week October 14, 2016 Spire, Canary Wharf From £595,000 Apartments in the UK’s “tallest residential tower” on the cusp of Canary Wharf went on sale yesterday. Rising to 771ft with 67 storeys, it cost Chinese developer Greenland Group £800m to build adjacent to West India Quay DLR station and the Museum of London Docklands. There will be 861 one [...]
Rightmove accused of shutting down competition by removing free online estate agent from its site October 14, 2016 Rightmove has been accused of trying to shut down its competition by removing a free online estate agent from its property listings. Owner Sellers, an estate agent which charges no commission, has been de-listed from Rightmove for allegedly breaching its terms and conditions, but has said the allegations are false. Read more: This is how sterling's [...]
Rents grew at the slowest pace this year in September October 14, 2016 Rents grew at the slowest rate this year in September as landlords absorbed higher tax rates rather than pass them on to tenants. Across the UK rents grew three per cent in the year to September, according to the HomeLet rental index. Read more: How Airbnb started its own Cuban revolution On average, tenants signing new agreements [...]
British Property Federation calls on chancellor Philip Hammond to bolster the build to rent sector October 13, 2016 The property industry is calling on chancellor Philip Hammond to focus on the build to rent sector and cut new stamp duty taxes. According to the British Property Federation (BPF), the number of properties in the build to rent sector has jumped 200 per cent over the past year, delivering 67,000 homes. Read more: This [...]