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13th April 2018
NAEA Propertymark research to mark National Home Improvement Month shows that UK homeowners have each spent an average of £1,875 doing up their property over the past five years. Mark Hayward, of NAEA Propertymark, comments: "If you're making improvements to add value to your home, it's important to not over-personalise the decor so it appeals to future buyers."
The Sun (06/04/2018)
13th April 2018
A growing number of Londoners are becoming less likely to object to building projects in their backyards as they are unable to get onto the property ladder, according to a poll. The YouGov survey showed 57% of adults in the capital now say “Yes” to more housing in their local area, with just 26% saying “No” – a change from 53% and 20% respectively in a similar poll in 2014. The “Yes In My Backyard”, or Yimby, attitude is particularly widespread in inner London, where 63% supported more local housing, while for outer London the figure was 54%.
Evening Standard (12/04/2018)
6th April 2018
Monday, April 9th will see the launch of three 32nd floor apartments in Canary Wharf’s flagship One Park Drive tower. The three Sky Lofts, at the intersection of two of the structure’s three distinct sections, have interiors by Bowler James Brindley, and include separate kitchen and lounge areas as well as five-piece bathroom suites, sculptured bathrooms and up to 1,300sq ft, wraparound terraces with access to all major rooms. Prices start from £2,750,000. The 58-storey One Park Drive, designed by Herzog and De Meuron, will eventually house 483 apartments across its Loft, Cluster and Bay sections, with residents having access to a lobby with concierge, a library and screening room, and a modern health and fitness suite, including a gym and 20m swimming pool.
The Wharf (06/04/2018)
6th April 2018
Thirty-eight apartments at the St Clement’s Hospital site in the Mile End Road have been placed on the market. The flats at the Grade II-listed Clocktower have been fitted out by Linden Homes, and are on private sale, with a number of others being offered by the East London Community Land Trust at a third of the market rate, on binding “sell back” contracts which retain the land in perpetuity for future generations.
East London Advertiser (05/04/2018)
6th April 2018
Chinese property developer Country Garden has snapped up its first British site - the Ailsa Wharf project in Poplar, east London, where it has planning consent for a £400m development that includes 785 homes. Work on the 270,000 sq ft site, on land bought from Galliard Homes and Lindhill, is due start by this summer, with the first properties due to be completed in 2021. Country Garden is China's largest residential developer by sales, with a market capitalisation of more than £31bn.
The Times (03/04/2018) Evening Standard (03/04/2018)
6th April 2018
Annual house price growth remained subdued in March, according to the Nationwide building society, which said an increase of 2.1% was down slightly from 2.2% in February. Prices rose the fastest in Northern Ireland, increasing by 7.9% in first three months of the year compared with the same period a year earlier, while prices rose by 6.1% in Wales and 0.2% in Scotland. London remains the most expensive area - a typical home in the south of England costs £331,047 - twice as much as the typical price of £163,138 in the north of England, the Nationwide said.
BBC News (29/03/2018) The Daily Telegraph (29/03/2018)