020 7538 0102
3rd March 2017
The average London home has been going up in value by £105 a day for five years. New research shows that property values have easily outpaced growth in London salaries, which since 2011 have risen by just 54p a day — pushing the gap between average incomes and property prices to its widest ever point. The two boroughs where property prices have grown fastest are Westminster and Kensington & Chelsea — by more than £200 per day.
Evening Standard (01/03/2017)
24th February 2017
Barratt London has unveiled more of its plans for Upton Gardens in Newham, its residential development on the site of the Boleyn Ground, formerly home to West Ham United. Eighteen buildings will house a total of 842 one-, two-, three- and four-bedroom homes, arranged around three gated communal gardens along the Legacy Route, designed to celebrate the history of the stadium that once stood there. Prices at Upton Gardens, just 17 minutes from Canary Wharf, and close to the Queen Elizabeth Park and Westfield shopping centre at Stratford, start at £350,000 for a one-bedroom apartment.
The Wharf (23/02/2017)
24th February 2017
Barratt London has unveiled more of its plans for Upton Gardens in Newham, its residential development on the site of the Boleyn Ground, formerly home to West Ham United. Eighteen buildings will house a total of 842 one-, two-, three- and four-bedroom homes, arranged around three gated communal gardens along the Legacy Route, designed to celebrate the history of the stadium that once stood there. Prices at Upton Gardens, just 17 minutes from Canary Wharf, and close to the Queen Elizabeth Park and Westfield shopping centre at Stratford, start at £350,000 for a one-bedroom apartment.
The Wharf (23/02/2017)
24th February 2017
The average asking price of a home in London has fallen by 0.4% in the last 12 months, to £624.953 – their biggest drop since April 2011.On a monthly basis however, they rose 2.6%. Inner London boroughs saw prices fall an average of 2.1%, with Kensington and Chelsea seeing the biggest drop, of 14.6% to £2.1m.
Evening Standard (22/02/2017)
24th February 2017
A survey of 2,000 people by property and construction consultants McBains Cooper found one in four respondents said they spend around 40% of their income on rent. Within London, the number was slightly higher at 31% spending more than 40%. One-in-three renters said they expect to continue renting for the next five to ten years. In the 45-59 year old bracket, the figure was 52%, and 76% for 60+ year olds.
City AM (20/02/2017)
24th February 2017
The number of homeowners moving house in London last year fell to its lowest level for 25 years, according to the CML, with home-movers in the capital taking out just 32,400 loans in 2016, 10% fewer than in 2015 and the lowest number since the recession of 1991. The number of first-time buyers needing a loan also fell, as they took out 43,300 mortgages, a drop of 5% on 2015. The total number of home buyers in London in 2016 was the lowest for four years, the CML added
BBC News (22/02/2017