Landlords threaten to hike rents after tax changes kick in October 1, 2016 Landlords have claimed they will be forced to raise rents as a result of the government's string of tax changes and crackdowns on the buy to let sector. A new survey also revealed private sector landlords will not be able to invest as much in improving their properties as a result of the extra charges [...]
Westfield shopping centre in Stratford expects more visitors in 2016 than it received in the year of the Olympics July 29, 2016 Westfield's Stratford shopping centre is expecting higher footfall than it had in the year of the Olympics, thanks to regeneration in Stratford. John Burton, Westfield's head of development, said there had been a plan to have 4,000-5,000 new homes built in Stratford – but now, 10,000 new homes are expected in the Stratford City site. Read more: Westfield to create [...]
New homes on sale in Stanton William’s Riverwalk, the curviest towers on the River Thames September 16, 2016 Riverwalk, Westminster From £1.25m A scheme at Millbank on the north bank of the Thames is throwing open its doors this weekend to prospective buyers. Over 75 per cent of the homes have been sold off-plan at the Ronson Capital Partners development, which has 119 one to four bedroom apartments spread across two buildings. The [...]
Calling first-time buyers to Telegraph Works, Greenwich: The historic transatlantic cable factory being turned into new homes July 9, 2015 A CGI of the building. Apartments from £300,000 A little-known factory that sits near the Greenwich Docks once played an instrumental role in US-UK relations. Now developers are hoping it’ll establish a new relationship between this neglected former industrial site and first-time buyers in London. Around £120m has been invested to build 272 [...]
Olympic jump! Here’s how far house prices have gone up in the area near London’s Olympic Park August 5, 2016 With the Rio 2016 Olympic Games kicking off today, it seems like an appropriate time to reflect on the London Olympics – and how they affected house prices. Research from Lloyds Bank has shown that house prices near the Olympic Park have risen by 53 per cent since September 2012, up from an average of £286,638 [...]
This is what the property industry wants from the Autumn Statement November 18, 2016 The big day is almost here – Autumn Statement day. The housing crisis has been at the top of the political agenda for years, but successive governments have failed to get a handle on it. Chancellor Philip Hammond is promising new funding to help get Britain building, but the property industry wants a range of [...]
Owen Smith to propose scrapping university fees and building starter homes to appeal to younger voters August 27, 2016 Trailing incumbent Jeremy Corbyn in the polls challenger, Owen Smith is to propose scrapping university tuition fees to appeal to younger voters. Smith is to make the pledge, along with a scheme to build starter homes for those aged under 30, as the Labour leadership contest continues. Smith is to make the announcement when he [...]
Rent on the average UK one-bed flat has now surpassed £1,000 per month September 12, 2016 Have warnings over the government's attempts to reduce second home buying just come to pass? New figures have suggested the average UK one-bed flat now costs tenants more than £1,000 a month. Ouch. The figures, by Landbay, showed the average UK one-bed hit £1,010 a month in August, 67 per cent of the average disposable [...]
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, [...]
London and UK house prices rise: First-time buyers face stiffest competition as average home in capital hits £615,115 July 16, 2015 London house prices climbed 7.8 per cent over the past 12 months, new figures show, with demand outstripping supply most heavily in the first-time buyer market. The average greater London house price is currently £615,115, according to data published today by Rightmove. Properties at the top end of the market have seen the biggest 12-month [...]