Knight Frank and Markit: London house prices experienced the biggest increase this month March 18, 2016 London house price growth is expected to beat all other regions this month despite a slowdown in the top of the market, new research has shown. Londoners perceived the biggest increase, followed by those in the South East, East of England, Scotland and then the North West. It's slightly surprising given price growth among prime central London properties [...]
Forget Downton Abbey-style estates, swimming pools or chocolate-box cottages, Britain’s dream house is a run-of-the-mill detached property in commuter zone March 18, 2016 Spend your days dreaming of a mansion so big you can avoid the rest of your family? You are, apparently, in the minority. New research suggests that even when money is no object, the nation's ideal home is more modest than you might have thought. Forget Downton Abbey-style estates – our dream home is a south-facing [...]
Tenants are set to feel the heat as rents go up for the first time in 2016 March 18, 2016 Tenants are about to be hit by the first rise in rents since the autumn as new tax policies take their toll on landlords. Average rents rose by 0.1 per cent between January and February this year according to the latest buy to let index from Your Move and Reeds Rains. It’s the first increase [...]
Top tips for choosing the right tenant for your buy-to-let investment March 17, 2016 So you’ve spent months searching for the perfect property investment and transforming it into a modern, comfortable home. Now it’s time to hand over the keys to a perfect stranger and hope they pay up. Or perhaps you’re upsizing and you’re hoping Mr Rando won’t destroy your beloved first home. But how can you be [...]
Will Steinway & Sons’ newest invention, the Spirio, bring the player piano back into homes? March 17, 2016 The digital revolution has upset a lot of industries, but perhaps none more so than the music industry. With file sharing and streaming via subscription services the norm, the sight of vast collections of CDs stacked up around a home entertainment system is already becoming a rarity in living rooms. As a heritage brand with [...]
Focus On Canning Town: For affordability and an easy commute to Canary Wharf, the only way is E16 March 17, 2016 East London’s post-industrial landscape is rapidly disappearing in favour of quirky cultural venues, artfully rustic cafes and glassy residential towers. While the investment potential in Hackney and Tower Hamlets has been well-documented, other locations that are just as accessible have managed to slip under the radar. One of these is Canning Town, a part of [...]
Mipim: Former England football captain Rio Ferdinand and housing minister Brandon Lewis team up to build thousands of affordable homes through new charity Legacy March 17, 2016 Property and football joined teams in Cannes today as former England captain Rio Ferdinand and housing minister Brandon Lewis launched a new scheme to build create thousands of affordable homes across the country. The ex-Manchester defender and fellow football stars Mark Noble and Bobby Zamora have clubbed together to set up Legacy, a charity designed [...]
Property of the Fortnight: Rare Tower Walk townhouse on sale in the middle of St Katharine Docks March 17, 2016 House-hunting usually requires some compromise: a downgrade in location, a flat rather than a house, the sacrificial shedding of car parking space. At first glance, Johan Denekamp a former advertising CEO, seems to have it all – the townhouse, the location, the views – but take hope, because it took him and his wife a [...]
Mortgage borrowing rises in January as landlords race for stamp duty deadline March 17, 2016 Would-be landlords made a mad dash to secure mortgages in January as new rules on stamp duty for buy-to-let homes loomed, new figures show. Data from the Council of Mortgage Lenders (CML) shows landlords borrowed £3.7bn in January, up nine per cent from the month before – but a whopping 42 per cent year on year. New [...]
Battersea Power Station unveils the first “local, artisanal” tenants at its Circus West retail development March 17, 2016 Battersea Power Station has unveiled the first of the tenants for its Circus West retail development – and there's a decidedly olde worlde feel about them. The team behind the giant development, which will eventually include thousands of homes, shops and offices – as well as leisure space and parkland – said each of the [...]