Leaving London: Is moving out of the Big Smoke good value for money? The pros and cons June 11, 2015 With London homes so expensive, more people than ever are thinking of escaping to the country. But is it all it’s cracked up to be? We’ve teamed up with the help of property agent Savills to challenge the assumption that you’ll get better value for your money buying outside the capital. For some, the [...]
London house prices: As rents keep rising, here’s how the Monopoly board looks in 2015 June 11, 2015 Click to see table in a new window There has been a shake-up in the London property price hierarchy, and the most profitable places to be a landlord have moved dramatically. That well-established measure of London property values – the humble Monopoly board – has been shaken and stirred by fluctuations in the market, and [...]
London’s next mayor must harness the City to tackle the housing crisis – David Lammy June 8, 2015 Not a day goes by without a politician talking about the London housing crisis, and rightly so. It is the biggest challenge our city faces, causing serious problems for almost all sections of the capital, from businesses to renters and families to first time buyers. Politicians have a frustrating tendency to talk about housing with [...]
These Pocket flats in Camden may be tiny – but they’re also 20 per cent cheaper than the local area June 3, 2015 For many Londoners, the idea of buying a place in Camden is about as realistic as buying Kensington Palace – but that's about to change, after the launch of a set of pint-sized homes in the borough. Developer Pocket has just put its Oak Grove scheme on sale. At just over 400 sq ft, the [...]
UK house price growth slows to lowest rate in over a year June 3, 2015 UK house price growth slowed in May, with the annual growth rate slowing to an annual rate of 4.6 per cent in May – down from 5.2 per cent in April and the lowest rate since August 2013. The figures The average cost of a house in the UK now stands at £195,166 – the [...]
Land Registry: UK house prices up in April, driven by semi-detached properties June 1, 2015 The rising value of semi-detached homes has led a rise in house prices across the UK in April, the latest Land Registry figures show. The average price of a semi – now £170,470 – was up 5.6 per cent on last year, helping annual prices rise 5.1 per cent overall, and bringing the average value [...]
Royal apartments dubbed the “One Hyde Park of their day” go on sale in London’s Mayfair June 1, 2015 When the Candy Brothers' One Hyde Park development went on sale with the most expensive flats in the world back in 2011, Londoners scoffed at their £65m price tags. But it's not the first time the capital has played host to some of the world's most exclusive apartments: in the early 19th century, the voluminous [...]
FA Cup final 2015: Arsenal Vs Aston Villa at Wembley is a tale of two cities’ property prices in London and Birmingham May 29, 2015 Arsenal and Aston Villa may be meeting up at Wembley this weekend in the FA Cup final, but there’s more than just mileage and points between the two Premier League clubs. Their home turfs of Birmingham and London show a tale of two cities divided by a gap of more than a quarter of a [...]
Mansion tax, shmansion tax: This £24m Notting Hill home sold just before the General Election May 29, 2015 Property types may have been worried about the looming spectre of a mansion tax during the run-up to the General Election – but that concern clearly didn't stretch to one billionaire buyer, who forked out £24m on a house in Notting Hill. An "unmodernised" end-of-terrace home on Kensington Park Gardens, which comes complete with eight [...]
End of mansion tax threat lifts top tier of London’s property market May 25, 2015 The higher end of the London housing market is seeing market volumes return following Labour’s defeat in the General Election, ending the threat of a proposed mansion tax on properties over £2m. The number of properties over £2m listed on Getagent.co.uk, an estate agent comparison site, more-than doubled in the weeks after the national vote, [...]