Property Entrepreneurs: How flatsharing website Weroom spread through social media May 12, 2016 Flat sharing is great – so long as you get on with your fellow flatmates, and don’t fall out over the washing up, or who has paid the bills. But those softer issues can be hard to think about, when you’re on the hunt for a place to stay. And it was this set of [...]
Why paying for London property in US dollars could save you a fortune May 12, 2016 Every week, City A.M. invites an industry professional to write about an emerging trend in the property market. Wise investors spend their time looking for smart places to put their money. The current weakness of the pound against the US dollar has presented an opportunity in the London property sector for smart money from outside [...]
Focus On Shepherd’s Bush: Westfield expansion and old BBC Television Centre homes put W12 in limelight May 12, 2016 For years now, the east has been the land of regeneration. The long lead up to the Olympic Games in Stratford and the success of the City fringes have seen most of property agents’ “up-and-coming” rhetoric focused in that direction and one could be mistaken for thinking there was simply nowhere else for traditionally prosperous west [...]
Sadiq Khan’s rent caps could benefit London landlords May 12, 2016 London’s newly elected mayor, Sadiq Khan, has already committed to making the London housing crisis a priority. He has announced a raft of policies aimed at helping the capital’s two million private renters, and one is attracting particular scrutiny and controversy – the introduction of a London rent cap. Few people doubt rents in London [...]
London is still the world’s most luxurious property market while Auckland is the “hottest” city according to Christie’s International Real Estate May 12, 2016 This may come as little surprise, but London has retained its title as the world's most luxurious property market for the fourth year in a row, according to Christie's International Real Estate. The capital topped the list of 100 cities surveyed, beating Hong Kong, New York, Los Angeles and Singapore to the real estate top [...]
Housing crisis: Retired Brits twice as likely to fund their children’s home deposits May 12, 2016 RETIRED parents in Britain are twice as likely to fund their children’s home deposits than their counterparts in other English-speaking countries, with London pensioners even more likely to support their offspring. Putting the housing affordability gap into stark relief, research commissioned by payments provider UKForex showed that out of 1,135 British retirees surveyed, 27 per [...]
Sadiq Khan will need to be radical in his thinking to solve London housing crisis May 12, 2016 The election of Sadiq Khan as London's new mayor neatly demonstrates what makes London a great city. Through his victory, Khan highlights that London is a city of opportunity where success is not dependent on a privileged upbringing. However, the attraction of London – thanks to its thriving economy and its ability to attract talent – [...]
Sophie Conran talks us through how she decorated her Bayswater home while a banoffee pie bakes in the oven May 12, 2016 As I am shown into Sophie Conran’s kitchen, the interior/product designer and cook is, naturally, putting the finishing touches to a banoffee pie. Smart in a blue jacket, jeans and a ponytail, she’s warm and natural with a big smile. Sophie's used to having media drop in on her – she holds product launches of her homewares [...]
House sales forecast to stay flat as buyer interest drops for first time in over a year – RICS May 12, 2016 Interest from UK house buyers has dropped for the first time since March 2015, as uncertainty plagues the market, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. Following the buy-to-let rush that preceded the 1 April tax rise deadline, and with continued uncertainty caused by the EU Referendum, interest from [...]
New homes on sale in London this weekend: from Elephant Park to private gardens designed by Andy Sturgeon May 11, 2016 Elephant Park, Elephant & Castle From £540,000 Studio to three bedroom apartments and penthouses have been released in the Highwood Gardens building. The release of 222 properties for sale is the latest chapter in Lend Lease’s Elephant Park development, which will build almost 2,500 new homes on 22 acres of land and create a new [...]