London is still the world’s most luxurious property market while Auckland is the “hottest” city according to Christie’s International Real Estate May 12, 2016 This may come as little surprise, but London has retained its title as the world's most luxurious property market for the fourth year in a row, according to Christie's International Real Estate. The capital topped the list of 100 cities surveyed, beating Hong Kong, New York, Los Angeles and Singapore to the real estate top [...]
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 [...]
August 2015 TfL Tube strike: Union RMT wants pay rises in line with house price growth August 5, 2015 Transport union RMT has given a rare level of detail into one of its demands over the Night Tube – namely that it is seeking pay rises of up to 25 per cent for the five years. The union has put together a detailed flyer “for the public” to explain why Tube workers are [...]
London and the south-east see record-breaking spike in rents June 18, 2015 Estate agents are urging housebuilders to look south, as the national average rent reaches its highest point since records began. Rents across the UK are now 4.5 per cent higher than a year ago, with London and the south-east rising faster than anywhere else, according to the latest Your Move and Reeds Rains Buy-to-Let [...]
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 [...]
General Election 2015: The property market is freaking out at the prospect of a Labour government May 5, 2015 The property market is terrified of Labour-led government, one of the UK's largest property search websites has suggested, thanks to the prospect of falling house prices and rising interest rates. More on this story: How Tony Blair presided over the biggest rise in UK house prices in recent history According to Zoopla, Labour's policies on [...]
London rents climb higher as affordability falls across the UK July 14, 2015 London rents increased in the three months ending June, new figures show, as housing affordability continues to decline. Average London rents were 4.5 per cent higher over the period compared with the same period last year, according to figures released today from Rightmove. UK rents excluding London climbed 4.2 per cent. Rightmove’s head of lettings [...]
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 [...]
The first-time buyer boom in two charts: Number gaining property ladder foothold hits seven-year high July 19, 2014 The number of first-time buyers purchasing their own home is now at its highest since pre-crisis 2007 with 144,500 first-time buyers jumping on to the property ladder in the first half of the year- a 25 per cent rise on the same period in 2013. The figures from Halifax point to a boom in the [...]