Data from 1975 suggests how this year’s EU referendum might affect house prices in the next two months April 18, 2016 Here's an interesting point of comparison between this European referendum and the last one: house prices. Yep: according to new research, house prices will be 1,751 per cent higher during this referendum than they were during the second quarter of 1975, when Prime Minister Harold Wilson called a vote on EU membership. In the capital, that [...]
Housebuilders outside of London are unfazed by prospect of a Brexit despite warnings over industry slowdown April 18, 2016 HOUSEBUILDERS across the UK are unconcerned about the effects of a British exit from the European Union, but in London there are fears that it could worsen the capital’s housing crisis. Just 31 per cent of British housebuilders said they are worried about a so-called Brexit, compared to 49 per cent who are not worried, [...]
Winners and losers from London’s house prices: Here’s which international investors have made a mint from London’s wild property sector April 15, 2016 London house prices have been on a wild ride in the last few years – and foreign investors have seized the market with both hands as prices spiralled upwards. But with the pound weakening in the run-up to the EU referendum, and the capital's house price growth looking as though it is beginning to cool, [...]
New homes on sale this week in Leyton, Clapham, Bromley, Harrow and Marylebone April 14, 2016 Lyon Square, Harrow One to three bedroom apartments are on sale from 16 April in central Harrow from developer Redrow London from £365,000. There will be 310 homes in total, measuring between 538sqft to 1,265sqft situated two minutes away from Harrow-on-the-Hill tube station, which reaches the City in 35 minutes. Call Redrow London on 0203 [...]
Area guide: Wembley – house prices have risen by 10 per cent in the last year April 14, 2016 It may be the home of football, but Wembley’s also home to around 115,000 Londoners. And with its diverse housing stock and decent transport links, it could be your new home, too. Research from estate agent Hamptons International recorded a “surge” in transactions in Wembley last year, as hundreds of new build flats went on [...]
London Craft Week 2016 kicks off next month – and here’s what to book before tickets run out April 14, 2016 Craft is the new cool. How many craft beers are tickling the taste buds of trendies from New York to New Zealand right now? From craft beer to modern-rustic homes to country-casual hotels, across the globe we have fallen for all things home-made, upcycled, and – the holy grail – bespoke from the maker. And [...]
Property of the Week: the local investor who transformed an old wig factory in Beckenham into a £1.25m house April 14, 2016 On the way home from the pub in Wickham Road, Adam Jude Grant used to walk past a huge decrepit building – one of the oldest in dwellings in Beckenham, south east London – and wonder why it was falling into disrepair. Built in 1777, it sits in the Chancery Lane conservation area and has [...]
Property Entrepreneurs: Jake Willis, co-founder of London Shared, on the changing rental market and moving online April 14, 2016 There’s been lots of talk recently about house sharing as a way for young professionals to afford life in central London. And while the concept’s not new, there are few ways to make it simple. Many renters end up advertising rooms and interviewing potential housemates, feeling the heat as landlords demand full rent from day [...]
Why Build to Rent is the answer to London’s housing shortage April 14, 2016 Every week, City A.M. invites an industry professional to write about an emerging trend in the property market. Build to Rent represents a new way of living at a time when people are struggling with affordability and poor rental accommodation. And it could be the answer to the UK’s housing shortage providing large numbers of [...]
Holiday homes on the Costa del Sol are set to rise in the next few years as supply begins to run dry April 14, 2016 The Spanish property market may have been in a slump for the past few years but the bounce back has started. Enquiries are up in Marbella, glittering hang out of reality TV stars and the superyacht set, as well-heeled buyers source a home on the Med. The main hub of activity in this Costa del [...]