London house prices: You’ll need to earn £77k each year to afford one of David Cameron’s starter homes October 7, 2015 Housing groups have called out Prime Minister David Cameron's new plans to accelerate the building of discounted properties for first-time home buyers, saying the government's so-called starter homes will still be out-of-reach for most workers. In his speech at the Conservative party conference in Manchester today, Cameron announced the government’s proposed “starter homes” initiative, which will be part [...]
Stay in or go out? Londoners are choosing to entertain at home… but worry about kitchen envy October 7, 2015 Londoners might have culture, restaurants and world leading events on their doorstep, but the city is full of people who would rather stay in for the night. Half of us choose to entertain at home rather than heading out to a bar, club or restaurant, according to new research. But while avoiding the hustle and bustle [...]
UK house prices: Rightmove says the average London home could cost £1m by end of the decade September 21, 2015 London house prices are climbing at such a rapid rate that the average price could hit £1m by 2020. In news that will buoy homeowners but frighten Londoners with ownership aspirations, house prices in the capital jumped 2.2 per cent this month compared with August, according to figures published today by property website Rightmove. [...]
How technology could help solve London’s housing crisis September 16, 2015 With no end in sight for London’s housing crisis, London’s major landowners and councils need to think differently about how tenants can access and use space. Technology is changing the way we consume products on a day-to-day basis, enabling individuals to share everything from cars to clothing on a temporary basis. So far this idea [...]
How technology could help alleviate London’s housing crisis September 10, 2015 With no end in sight for London’s housing crisis, London’s major landowners and councils need to think differently about how tenants can access and use space. Technology is changing the way we consume products on a day-to-day basis, enabling individuals to share everything from cars to clothing on a temporary basis. So far this idea [...]
Polypipe aided by housebuilders after doer-uppers down tools August 21, 2015 PLASTIC pipe maker Polypipe said stronger demand from housebuilders in the regions helped to propel a small rise in sales for the half year, despite sluggish demand from doer-uppers. About half of the Doncaster-based company’s revenue comes from the UK residential sector and the group said sales to this part of the market were 4.8 [...]
Cost of renting a room in London rises to an all-time high August 19, 2015 Renting a room in the capital costs more than ever before, according to a new report out today. SpareRoom, the flat and house share website, said that the average monthly rent for a lodger in London in the first six months of this year was £694, a 5.3 per cent increase over last [...]
UK house prices rose at the fastest pace in a year in July – and could speed up this year August 13, 2015 British house prices rose at their fastest rate in a year last month, while the gap between supply and demand means they could speed up this year. The Royal Institution of Chartered Surveyors (Rics) monthly house price balance rose to +44 in July, from +40 a month earlier. This was the highest since July 2014 and [...]
House prices poised to jump again? New property listings plummet in July August 11, 2015 It's hardly been a buyer's market for several years now – but it looks like things are about to get worse for those in the market for a new home, after the number of properties being put up for sale fell 13 per cent between June and July, according to new figures. The study, by [...]
London house prices up 45pc in five years: Home movers put off as figures soar August 9, 2015 The number of people moving home is in decline, new figures out today show. Rising prices, which many attribute to a lack of house building, may be hindering people from moving up the rungs of the housing ladder, according to the study from Lloyds Bank. The number of home movers reached 155,000 in the first [...]