020 7538 0102
22nd September 2017
A cottage with a £180,000 guide price may become the cheapest detached house in London. The average London home is £488,000, but £911,000 if detached. The one-bed Willow Lodge in Plaistow, East London has barely been touched since the 1970s.
Daily Mirror (17/09/2017)
15th September 2017
Countryside and Taylor Wimpey have launched a new collection of homes in the Greenwich Millennium Village project – a range of three-bedroom courtyard houses and four-bedroom townhouses. The courtyard homes all have a ground floor patio area, along with a first-floor terrace, while the larger townhouses are designed around three floors, with a garden. The master bedroom comes with fitted wardrobes, en suite bathroom, and access to a terrace. All are just a short walk from the O2 Arena, 50 acres of parkland, and a four-acre on-site ecology park. Nearby North Greenwich Underground station is just a single Jubilee Line stop from Canary Wharf, and nine minutes from Westfield Stratford. Prices start at £850,000 for a courtyard house, and £950,000 for a townhouse.
South London Press & Mercury (13/09/2017)
15th September 2017
London Mayor Sadiq Khan says tough post-Brexit migration curbs would hurt a major house-building drive in the capital. On the migration of construction workers from the EU, he asked: “How are we going to build all those homes without them?" in an interview with i, he added: “In London we have a housing crisis. There is no other way to describe it. It's the No 1 issue and the priority for me is trying to fix that crisis.”
Independent i (08/09/2017)
15th September 2017
In her London Assembly planning committee report, Designed, Sealed, Delivered, the capital’s planning chair Nicky Gavron has said that factory-built homes and smart building technology could be the answer to the London housing crisis. Ms Gavron says that homes built in this manner go up 60% quicker than traditional homes and produce 80% less waste, and calls on the mayor to commit public land in support of the move towards constructing these kinds of homes.
Evening Standard (08/09/2017)
15th September 2017
Data from the ONS shows that house prices grew 1.1% between June and July, taking the UK average to £226,185 – up £11,000 on July 2016. The annual rate of growth matched the 5.1% seen in June, meaning year-on-year growth has remained at around 5% through 2017. England saw house prices climb by 5.4% in 12 months, hitting an average of £243,000, while Wales saw 3.1% growth, taking the typical value to £151,000. In Scotland, the average price increased by 4.8% to reach £149,000, while Northern Ireland saw a 4.4% increase deliver a £129,000 average. The slowest annual growth was in London, at 2.8%.
The Daily Telegraph (12/09/2017)
8th September 2017
London Mayor Sadiq Khan has set out plans for a new £250m fund to buy land in London to build more affordable homes. The money raised from selling the land on to home-builders and developers would then be put back into the pot to fund further purchases. He would recruit technical "deal-making" experts for his Homes for Londoners team to help identify and prepare new sites. Mr Khan also promised to "bring together" private tenants and landlords to develop a new "London model" for renting. Mr Khan has called on the Chancellor to grant him the power to raise council tax on empty mansions and control over the capital’s £3.4bn stamp duty income. In a letter to the government, Mr Khan argues that such a move could help fund the building of affordable homes and other housing measures. However, Andrew Boff, the Conservative deputy chair of the London assembly’s housing committee, said the cash call was “a distraction from the fact that he has built so few homes”.
Evening Standard (06/09/2017) Evening Standard (04/09/2017)