Stop pitting home ownership against the rental market, we need both for Londoners April 20, 2023 Slashing private landlord investment in the London rental market was a bad idea, and now we don't have enough properties to rent while people queue for viewings and prices skyrocket, writes Theresa Wallace
Wealthy splurge £3.1bn on luxury London homes as demand recovers after pandemic May 11, 2023 London’s mega wealthy splurged £3.1bn on 161 luxury homes across the capital’s most affluent boroughs in the year to 23 March – the strongest year for London’s luxury property market since the Brexit vote. The highest number of £10 million-plus deals in London took place in Kensington, Belgravia and Mayfair, where the rich bought 73 [...]
Londoners evacuated from homes after burst mains bring deluge December 17, 2022 People have been evacuated from their flooded homes after two water mains burst in north London, with multiple postcodes without water.
‘Working’ from home: Laundry, sex and side hustles distract hybrid Londoners from the day job June 6, 2023 One in six Londoners have admitted to having sex whilst they should be working, fresh research shows, as employers across the capital look to stiffen up on hybrid working rules. The data, which was published by LifeSearch, shows that more widely across the UK 1.6 million workers have admitted to getting ‘between the sheets’ between [...]
Brent Hoberman’s Founders Factory hires Second Home entrepreneur as it eyes further expansion February 21, 2024 London-based tech accelerator Founders Factory has hired the founder of co-working space Second Home to support its international expansion.
London house prices grow in December with UK homes falling, but 2023 set to bring good news for property owners January 6, 2023 London’s average property price grew by almost 3 per cent, while the average UK home fell 1.5 per cent between November and December 2022. The average property actually rose two per cent when compared with the same month in 2021, according to the latest Halifax house price data, while annual rate of house price growth [...]
Wealthy buyers turn to cheaper London homes as sterling shrinks October 4, 2022 Buyers are seemingly turning to cheaper London homes amid a shrinking pound, despite a “rejuvenated level of foreign interest”. Demand for London homes worth more than £10m has fallen consistently in the first half of the year, while London’s prime market, of homes valued between £2m and £10m, has enjoyed an uptick. According to research [...]
Exclusive: Staggering £130bn worth of homes left empty in London alone with record 87,731 vacant properties May 30, 2022 It has emerged that the value of vacant homes in London equates to over £130bn. London has a total of 87,731 vacant homes, making it the top city in the UK for the prevalence of empty houses. With house prices averaging £1.49m in the capital, the cost of vacant homes is approximately £130.8bn. A recent study [...]
London house prices: Price of a home in the capital will set average buyer back by over £537k April 6, 2023 London house prices continued their upward climb with the average price of a home in the capital £537,250 in March. Halifax’s house price index found that Greater London alongside the North East, were the only areas of the country that did not experience a slowdown in the rate of annual house price inflation. As the [...]
Exclusive: £18bn bill to upgrade to London’s energy inefficient homes November 16, 2022 Upgrading London’s leaky homes will come with a price tag of a mere £18bn, amid industry and consumer calls to improve the energy efficiency of the UK’s housing stock. More than 2m homes in the capital have an energy performance certificate (EPC) rating of D or below, meaning that it will cost just over £18.5bn [...]