Britain’s most expensive streets revealed: Zoopla unveils rich list of top 10 priciest neighbourhoods in London September 30, 2016 The UK's top 10 most expensive neighbourhoods are all still in London and they're all still eye-poppingly pricey – but they are getting cheaper. Well, some of them. Top of Zoopla's property rich list is Kensington Palace Gardens, W8, where the average property will set you back £38.3m, followed by The Boltons in SW10, where a [...]
Why more private developers are looking to buy up the air rights above your building and make a fortune September 28, 2016 It isn’t hard to find a property expert claiming the future of the London housing market is up in the air. But there’s a growing band of developers who agree with them, albeit in a more literal sense. Smaller housebuilders have to get creative when looking for viable development opportunities, and for an ambitious few, [...]
Sharing is caring: Airbnb wants half of London homes to be rentable through its platform September 27, 2016 Airbnb wants to help open up more front doors across London, with one of its senior staffers stating today he hopes half the homes in the Capital will be rentable on the platform in the future. However, Olivier Gremillon, managing director for EMEA for Airbnb, also told the audience at the Institute of Directors annual convention that this rather lofty [...]
First-time buyers still have to save for over a decade to get a home in London September 26, 2016 First-time buyers may have hoped the EU referendum would reverse house price growth in the UK, but a Brexit housing crash has not materialised, and saving for a deposit has not become any easier. Would-be homeowners have to save for just over 10 years to get a deposit, according to research by Hamptons International, a figure [...]
This new proptech startup wants to help generation rent buy their first home September 22, 2016 Zoopla and top investor Robin Klein are backing a new property technology venture designed to help first time buyers hop on to the incredibly difficult first rung of the property ladder. Wannabe homeowners can invest in a property Isa with Bricklane.com which launches today. Cash will go into a Real Estate Investment Trust (REIT), which will invest in rental [...]
These are the views from across the world Londoners most want to see from their windows September 19, 2016 Unless you're lucky enough to live in one of the capital's multi-million pound mansions or have nabbed a flat overlooking a royal park, there's a strong chance you'd like to upgrade the view from your bedroom window. In the latest piece of research that no one really asked for, one in seven homeowners in London have [...]
How to build a hipster housing development in ten days September 19, 2016 Mike, 32, works as an accountant for an international development charity, but, despite having a healthy salary, he cannot afford a house in London. His story is unremarkable. Londoners have come to accept that owning a home is an ambition for later in life if they don't have help from relatives. Millennials like Mike aren't in desperate circumstances, but [...]
The Green Belt is standing between young people and the homes they need September 14, 2016 Imagine a race in which the finishing line moved further away, faster than you could run. Rigged against you, no matter how hard you tried, the finish line would always move faster. That’s the housing market in London and the South East for most young people, where the dream of homeownership remains just that, a [...]
House prices grow at slower pace in August September 13, 2016 Talk of a house price bubble bursting came to naught in August as house prices continued to grow – although the rate slowed. Average house prices now stand at £292,921 meaning the average homeowner is sitting on £12,101 more equity than this time last year according to Your Move and Reeds Rains’ monthly house price [...]
Leave the buy to let market alone, Britain needs more landlords September 6, 2016 Twenty years since buy to let took off, landlords are now a crucial part of Britain’s housing ecosystem. The private rented sector, accounting for around one in five properties, provides much-needed homes for those people who are not ready to buy or do not want to purchase a property. However, the sector sometimes comes in for stick, [...]