London house prices up 11pc in March as repossessions plunge April 30, 2015 London house prices jumped 11.3 per cent year-on-year in March, figures released yesterday by the Land Registry show. It compares with 5.3 per cent property price gains for the whole of England and Wales. Read more: The one region where house prices are falling “Much has been done to ensure that people have [...]
General Election 2015 mapped: Conservative strongholds enjoy house price growth almost triple Labour areas April 30, 2015 Conservative stronghold constituencies have enjoyed the biggest jump in house prices since the last election, with a rate of growth almost three times higher than Labour majorities. Data compiled by online estate agents HouseSimple.com reveals that areas which elected Conservative MPs in 2010 were far more likely to enjoy the effects of the UK property [...]
A developer is about to be ordered to rebuild the London pub it demolished “brick by brick” April 29, 2015 Here's one for all those complaining about London's best assets being converted into luxury flats: a developer is due to be told to rebuild a historic pub it owned "brick by brick", after it demolished it without getting planning permission. The Carlton Tavern in Kilburn Park, which survived the Blitz, was razed to the ground [...]
Only 43 homes listed for sale in London are “affordable” for the average family April 29, 2015 Just 43 homes listed for sale in London are classified as "affordable" to the average family, new research has suggested. That's 0.1 per cent of the market – and it includes houseboats and a mobile home. The study, by housing charity Shelter, found 34 of those properties has "incorrect information" in their listings, were likely [...]
London house prices: West End buyers shrug off stamp duty rise and mansion tax threat as sales rise April 27, 2015 The West End residential market saw no let up in activity over the first quarter of the year, figures show, despite changes to stamp duty and the threat of Labour’s proposed mansion tax. Property advisory firm CBRE said sales transactions jumped by 33 per cent on last year as it agreed sales on £54.7m worth [...]
London property in pictures: A former car showroom has been converted into Mayfair’s “largest” flats April 27, 2015 It's the antithesis of London's latest trend for tiny houses squeezed into gaps between buildings: a block of flats described as London's "largest" apartments – on the site of a former car showroom – has gone on sale in Mayfair. Glebe, the developer behind The Mellier, says its apartments have the largest rooms of any [...]
London Marathon 2015 mapped: The rise of property prices along the route from the Blackheath start to the Mall finishing line April 24, 2015 It's not just a slog for runners around the London Marathon route this weekend. Anyone angling to jump on the London property ladder or looking to climb it faces a steep ascent with plenty of pain, arguably tougher than a 26 mile run around the capital – emotionally and psychologically at least. Runner's eyes won't [...]
London house prices: Kensington and Chelsea is now growing more slowly than Bristol April 24, 2015 London has lost its housing crown: for the first time since 2005, central London price growth is being outpaced by cities across the UK. According to data from HomeTrack, the triple-threat of electoral uncertainty, mansion tax fears and affordability issues have conspired to slow growth in the country’s most-valuable areas. Boroughs such as Chelsea and [...]
London barometer: Home buyers and sellers shrug off General Election uncertainty April 23, 2015 It appears that buyers and sellers are getting bored of political uncertainty and this is reflected in the consistent flow of properties coming to the market. Perhaps this will come as a surprise to many people, but the number of offers being agreed is what we’d usually expect at this time of the year. [...]
London house prices: Could the General Election outcome send the wealthy packing? April 23, 2015 London has a unique property market. Prime and emerging-prime areas of London are driven by people who move to larger and “better” located properties not because they really need to, but because they want to. Nothing soothes a burgeoning ego more than an SW3 postcode. Political rhetoric aimed at plundering this – apparently under-taxed – [...]