22nd September 2017
The latest landlord sentiment research from Foundation Home Loans has found over two-thirds of landlords think landlord confidence has fallen, with a fifth noticing increased competition in the buy-to-let market as a result of political uncertainty. A quarter of landlords operating in central and outer London have raised rental prices as a result of the lingering political jitters across the UK over the past year – below the average of 30% across the UK. Meanwhile, 45% of landlords in central London had reviewed the size of their portfolios, FHL said, and 47% had seen a drop in transactions.
City AM (15/09/2017)
22nd September 2017
Experts say borrowers could slash their home loan bills by more than a third thanks to an "end-of-season" remortgage jamboree. Mortgage brokers John Charcol and London & Country say banks and building societies have begun trimming rates, cutting fees and introducing cashback offers in an effort to get more business onto their books before the end of the year, with the homeowners with most to gain those on standard variable rates.
The Sunday Times (16/09/2017
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)