London swelters in longest stretch of hot weather in almost 60 years August 12, 2020 Central London has now recorded its longest stretch of high temperatures since the 1960s, as the capital enters its sixth day of hot weather. Temperatures in London today surpassed 34 degrees for the sixth day in a row — the first time it has done that since 1961, the Met Office said. It comes as [...]
Revealed: The top 10 cities to be an Airbnb landlord July 24, 2020 Cardiff has been ranked the most profitable city in the UK to be an Airbnb landlord, as the rental market gets back on track. Data crunched by Vanquis showed Cardiff is the most profitable city for Airbnb hosts, with homeowners earning 86 per cent more by listing a room on Airbnb rather than through traditional [...]
DEBATE: Is Rishi Sunak’s stamp duty holiday the right move? July 9, 2020 Is Rishi Sunak’s stamp duty holiday the right move? Clive Docwra, managing director of property and construction consultancy McBains, says YES. Raising the level where stamp duty tax kicks in to £500,000 is great news for the London property market. With the average cost of a home in the capital standing at close to £600,000, [...]
UK house prices tumble at fastest rate since 2009 amid coronavirus June 2, 2020 UK house prices dropped at the fastest rate since the financial crisis in February 2009 last month, figures have shown, as the coronavirus pandemic brought the property market to a standstill. House prices tumbled by 1.7 per cent in May compared to growth of 0.9 per cent a month earlier, according to the closely watched [...]
UK house prices: Experts predict sharp recovery after coronavirus lockdown May 1, 2020 UK house prices could rebound after the coronavirus lockdown eases, after they grew at the fastest pace since 2017 before the crisis, Nationwide said today. The value of British homes grew at their fastest rate since February 2017 before the coronavirus lockdown brought the market crashing to a halt, Nationwide data released today showed. UK [...]
Sadiq Khan calls coronavirus rental protections ‘inadequate’ March 25, 2020 Sadiq Khan has demanded for more support to be given to the capital’s renters during the coronavirus crisis in an escalation of tensions between the government and City Hall. Boris Johnson rolled out protections for renters last week, including a three-month mortgage holiday for homeowners, increases to the housing allowance and measures to prevent landlords [...]
Coronavirus to bring UK house prices growth to ‘juddering halt’ March 25, 2020 The coronavirus outbreak is set to bring UK house prices to a “juddering halt” in the coming months, a top economist warned today. UK house prices fell 1.1 per cent between December and January. But they were 1.3 per cent up on the previous year, data released today showed. The Office for National Statistics said [...]
Push film review: A challenging look at gentrification around the world February 21, 2020 Property developers, look away now. If you’ve never felt the slightest bit icky when buying a £4 cup of coffee in a formerly working-class neighbourhood, you’re probably not going to like Swedish filmmaker Frederik Gertten’s new documentary, Push. It’s all about gentrification, and whether we have the right to live affordably in a major city [...]
Designers Guild at 50: A joyful journey through the doyenne of design’s bold, bright creations February 21, 2020 Tricia Guild OBE doesn’t do same-y; she doesn’t do greige and she doesn’t do minimal. But looking back at the influential interior designs, fabrics, wallpapers, paints, upholstered furniture, homewares and books her company Designers Guild has produced over the past 50 years, it’s clear that what she does do, is happy. Guild conceived Designers Guild [...]
London homeowners save almost £4,000 more than renters February 21, 2020 Homeowners in London save almost £4,000 a year more than renters, according to the latest research. Renters in the capital are paying 18 per cent more each month than those that own their own homes, losing out on annual savings of £3,727. The research, which looked at the housing costs associated with a mortgage on [...]