UK house prices: This map shows every house price at nearly every railway station in England, Scotland and Wales July 20, 2016 For many first-time buyers, the path to property ownership is moving out London. But when you have a job in the capital, that's easier said than done. Step forward, online estate agent Emoov, which has produced a map of the average house price in the area surrounding almost every train station in the UK – [...]
New homes on sale in London: from apartments on London City Island to family homes in Edgware August 1, 2016 London City Island From £405,000 A summer party heralded the sale of 100 new homes on the enormous London City Island complex on Saturday. Developer EcoWorld Ballymore offered champagne ice pops, a BBQ and a DJ to entice prospective buyers to look at the studio to four bedroom apartments on the Leamouth Peninsula. There will be [...]
Focus On Camberwell: The area’s cool neighbours and artistic connections make up for the lack of Tube September 29, 2016 Gentrification is taken to be a fairly modern concept; the word conjures up images of property developers covertly following artists home to scout out the area for substantial profit. In fact, the Victorians have been at it ever since the first railways began connecting previously far-flung districts to the capital and Camberwell was one of [...]
Gold prices: The yellow has found a new pocket of opportunity April 18, 2017 “Don’t gain the world and lose your soul; wisdom is better than silver or gold.” You may have to read the quote more than once, but Bob Marley knew what he was talking about. At the moment, investors seemingly disagree a bit with him, and they have pushed spot gold up around 8 per cent [...]
Good, bad, ugly? Nobody can agree on what the recent house price data means August 5, 2016 Halifax said this morning that house prices fell between June and July and that annual and quarterly rates of house price growth are slowing. City A.M. has heard talk of buyers wanting 10 per cent off the price of properties because of the Brexit vote, and earlier this week, Knight Frank said prices for high-end houses in [...]
This tiny house in Chelsea has gone on sale at £600,000 February 16, 2017 If you're a fan of Miss Honey and her doll's house-style home in Roald Dahl's Matilda, this might resonate with you: a tiny house in Chelsea, dubbed one of London's smallest houses, has been put up for sale – with a price tag of £600,000. Described as a "proper Chelsea gem" by estate agent Douglas & [...]
Planning permissions for new homes reached the highest level since 2008 in the first quarter June 30, 2016 There were signs housing supply could be on the up earlier this year as planning permissions for new homes are reached their highest level since 2008. Permissions for 66,102 homes were granted in the first quarter of this year in England, up four per cent on last year, according to research from the Home Builders Federation (HBF) and [...]
London house prices: Buyers in the capital now have £100k income for first time ever November 17, 2015 The average income of London's homebuyers has shot up in the past three months, putting the figure at a six-digit sum for the first time since records began. Buyers' income now stands at £104,000, a rise of six per cent on the previous three months, according to the latest official figures on house prices from the Office [...]
Nobody wins from a house price crash July 21, 2016 The full effects of the referendum on Britain’s economy are still unknown. Stocks are faring relatively well, with the FTSE 100 bursting over 6,700 and the FTSE 250 hitting a post-vote high. The pound remains slumped below $1.32, however, while consumer confidence appears to have taken a tangible knock. Many business leaders are worried, and some [...]
House of Lords defeat government on plans for starter homes April 12, 2016 The government has suffered a setback after the House of Lords defeated it on two starter homes policies. A coalition of Labour, Liberal Democrat and crossbench peers voted to moderate the government's plans to offer "affordable" homes to first-time buyers at a discount. The flagship policy was proposed by the government ahead of the General Election [...]