New homes on sale in London this weekend: from Elephant Park to private gardens designed by Andy Sturgeon May 11, 2016 Elephant Park, Elephant & Castle From £540,000 Studio to three bedroom apartments and penthouses have been released in the Highwood Gardens building. The release of 222 properties for sale is the latest chapter in Lend Lease’s Elephant Park development, which will build almost 2,500 new homes on 22 acres of land and create a new [...]
How a new wave of developers are using virtual reality and videogames to market their property February 24, 2016 When the iconic red-bricked turbine halls of south London’s Battersea Power Station first fell into dereliction more than 30 years ago, videogames were in their infancy. The primordial graphics technology of the 1980s could only produce a handful of colours and basic, blocky images, reproducing scenes no more visually complex than a single asteroid tumbling [...]
Battersea panic stations: Investors flee luxury scheme as up to £2m is knocked off some asking prices March 4, 2016 More than 50 luxury flats on sale at London’s iconic Battersea Power Station have had their prices slashed since January, with some seeing discounts as large as 38 per cent in a sign that wealthy foreign investors are scrambling to desert the scheme. The news adds to fears that demand for prime homes in the capital is [...]
Thanks to Landmark Place, you never have to leave the Square Mile March 3, 2016 Two new glass structures are set to join the banks, law firms and sky gardens that line the City’s riverside in the summer of 2018. Only this time, they’ll be housing wealthy residents who want to live on top of the financial district. A nine storey block will interconnect with an 11 storey block to [...]
UK house prices: Institute of Economic Affairs (IEA) says government failure to confront Nimbys is fuelling the housing crisis March 2, 2016 A leading free-market think tank has accused the government of yielding to self-interested local residents at the expense of pressing ahead with major housebuilding projects. In a new report out today, the Institute of Economic Affairs (IEA) argues that the government’s “failure to tackle the housing crisis is due to its unwillingness to confront the [...]
Institute of Directors boss slams Arcadia chairman over BHS collapse in open letter to MPs June 3, 2016 A day after its collapse, the boss of one of the UK's largest business lobbying organisations has said he "can't defend" the running of BHS – and added that "serious questions need to be asked of almost everybody concerned". In an open letter to MPs Frank Field and Iain Wright, chairs of the Commons Select [...]
General Election 2015: David Cameron, Ed Miliband and Nick Clegg on how they’re going to solve the housing crisis (and which is their favourite room) April 23, 2015 House prices are too high and there aren't enough homes on the market, a new – not altogether surprising – study has suggested. But with an election just days away, property search giant Rightmove, which conducted the research, decided to take it to the leaders of each party to see what they're going to do [...]
UK house prices: Rightmove share price jumps as it absorbs business from rivals July 29, 2015 It seems the launch of an estate agent-run portal which forces agents to choose between Rightmove and Zoopla has done no harm to the former, after it reported a 16 per cent rise in revenues during the first half of the year. The figures The housing boom continues to benefit Rightmove: revenues rose to £93.1m in [...]
UK house prices: Bexley, Cambridge, Bristol and Bedford among the UK’s hottest property spots, while Aberdeen, Stockton-on-Tees and Bradford are “coldest” January 20, 2016 Cambridge, Bristol and Bedford are among the regional cities vying with Greater London as the top 10 hottest property spots in the country – but Aberdeen, Stockton-on-Tees and Bradford are where demand is weakest. That's according to online estate agent Emoov, which puts the London Borough of Bexley at the top of its index for the last [...]
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 [...]