First-time buyer price inflation nears 10 per cent as London house prices shoot past £500k November 6, 2021 First-time buyer annual house price inflation is now at a five-month high, at 9.2 per cent, and has pushed ahead of the equivalent measure for home movers, at 8.1 per cent, according to property experts. In London, the average house prices have shot passed £500k. The average UK house price hit a record high of [...]
UK households increasingly plug electric car charging points as key feature – CityAM : CityAM November 4, 2021 The number of UK homes listed for sale advertising an electric car charging point on the premises or in a nearby street has increased by 541 per cent compared to this time last year, according to Rightmove. The total number of properties for sale on the property service that include a mention of this feature [...]
Will the new ultra-low emission zone affect your house price? October 21, 2021 The signs are up, the maps have been published – it’s ULEZ time. On Monday, the expanded ultra-low emission zone kicks in, casting a warm glow of low emissions not just over Westminster, but every surrounding neighbourhood within the often-smelly, usually-congested north circular. According to one logistics company, this long-planned expansion may mean that getting [...]
As bills go up, we need to brace for a pretty chilly winter in the UK October 15, 2021 As usual, Destiny’s Child was right. Bills, bills, bills, as the iconic girl group put it, put friction into our relationships and left us acting dumb. This winter they’re going up. As inflation starts to bite we’re going to find it tougher to make ends meet. From groceries to energy, the cost of everything is [...]
Young Londoners want to stay in the city, but most are being priced out of properties October 4, 2021 Most younger Londoners do not want to move out of the capital to afford a home, but current property prices remain the biggest obstacle to being a homeowner for more than half of them, according to new research. The research, from affordable housing developer Pocket Living, also found that just two in ten of London’s [...]
Rising construction costs will led to further house price growth September 30, 2021 House prices are expected to further soar thanks to increasing construction costs. Annual house price growth eased to 10 per cent in September, from 11 per cent in August, according to Nationwide Building Society. London was the weakest performing area of the UK in the third quarter of 2021 while the average UK house price [...]
Let’s talk Aviva: Smaller but richer insurance firm is looking to grow again September 29, 2021 It has been an interesting couple of months for insurance firm Aviva. The City giant sacked its fund manager and was dragged into a leasehold agreement affair it had hoped to avoid. Nevertheless, following a year of cutting costs and selling foreign assets, Aviva feels confident about the future. The company is firmly on investors’ [...]
Home buyers paying premium of up to £40k on energy efficient houses – CityAM : CityAM September 27, 2021 Home buyers wanting to settle down in the top energy efficient homes face prices of up to £40,000 more than less sustainable options. Environmentally aware home buyers are willing to pay a ‘green premium’ as homes in all parts of England and Wales sell for a higher price depending on the quality of their energy [...]
New-build barns: the property trend for 2022? September 24, 2021 There are old houses, and there are new houses – and then there are new houses built to look old, which is what The Maltings project is all about. Designed after traditional country barns, the development, situated on the outskirts of Biddenden, a picturesque village in the Kent countryside, could be cut straight from a [...]
Housing take two: Is Michael Gove ready for the test? September 23, 2021 Earlier this month, Boris Johnson’s took a sledgehammer to his cabinet. In the reshuffle Michael Gove took up the gauntlet as Secretary of State for Housing, Communities and Local Government, after Robert Jenrick was sacked following a series of blunders. It’s a tough remit. Where we live is not just about square footage: it shapes who [...]