020 7538 0102
31st March 2017
development on sale on May 4th, with prices starting from £575,000 for a studio, £750,000 for a one-bedroom property, £1,080,000 for a two-bed and £1,625,000 for a three-bed. The 58-storey building is Herzog & de Meuron’s first residential project in the UK; the renowned architectural practice has assigned typologies to each home – Loft, Bay or Cluster – with each offering views of the Docklands area and across London. Facilities include a concierge, library, screening room, and a fitness suite with 20-metre swimming pool, gym, steam room and sauna.
London Loves Business (27/03/2017)
31st March 2017
A new study has found that Bow – just 10 minutes from Canary Wharf via the DLR from Bow Church – is the third cheapest area in Zone 2, with an average property price of £677 per sq ft, £217 cheaper than the Zone’s average of £894 per sq ft. Devons Road DLR, to the south of Bow Church, is even closer, just a seven minute ride from the estate. The Merchants Walk development, close to the station, offers a selection of apartments, ranging from studios to three-bedroom homes, with prices beginning at £375,000.
The Wharf (28/03/2017)
31st March 2017
Sadiq Khan has warned that new tall buildings must enhance the capital’s skyline rather than blight it. The Mayor of London also stressed that key criteria for residential tower blocks should be that they help to tackle the city’s housing crisis, not provide investment opportunities. Daniel Astaire, Westminster Council's cabinet member for planning and public realm, has said he is “open to taller and higher buildings as a matter of policy” but insisted on “appropriate buildings in appropriate places”.
Evening Standard (28/03/2017)
31st March 2017
The average deposit put down by a first-time buyer in London has soared from £57,393 to £87,853 over five years, according to Lloyds Bank data, which also shows that the cost of an average first home in the capital has hit £405,106. Nationwide, Lloyds said, the average deposit is £37,570. The average first-time buyer's mortgage in the capital is £317,253 - up from £185,538 in 2012 and almost twice the UK average for a new first-time buyer, which stands at £168,296.
Independent I (29/03/2017)
31st March 2017
Mortgage approvals fell to 42,613 in February, down by 4.6% on the figure recorded in February 2016, according to figures from the British Bankers' Association. Remortgaging also dropped off to 25,414, 9.5% lower than the 28,088 approved in January. Gross mortgage borrowing hit £13.4bn, up 4.6% year-on-year. By value, the average new loan rose to £185,800, from £180,900 as house prices continue to climb.
City AM (24/03/2017)
24th March 2017
The Standard takes a look at Royal Wharf, Ballymore Group and Oxley’s 38-acre, 3,500-home development in Silvertown, between the Thames and the North Woolwich Road. The first residents moved in last year, and will be joined by an estimated 20,000 more over the next five years, lured by its Bloomsbury-modelled neighbourhoods, proximity to Canary Wharf, and the Elizabeth Line, which opens next year. New studio flats can be picked up for £325,000, while one-bedroom apartments start from £364,000. However, shared ownership is being offered on properties in the Trader’s Quarter, where a 30% share of a one-bed flat can be had for £115,000, going up to £164,375 for a quarter-share of a three-bed apartment.
Evening Standard (23/03/2017)