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3rd March 2017
London Mayor Sadiq Khan has published a report which highlights the “crippling” effect that a “hard Brexit” would have on house-building in the capital. Mr Khan said that more than one in four construction workers in London are from the European Union and a loss of skilled workers could have a “seriously detrimental” impact on achieving the hundreds of thousands of homes the capital needs. The report also indicates that concern over housing is at its highest recorded level, with 37% of Londoners citing it as one of the most important issues facing the country.
Evening Standard (27/02/2017)
3rd March 2017
More first-time buyers have got on to the property ladder since the introduced of a 3% stamp duty hike for buy-to-let landlords and second home owners. Since then, between April and December, first-time buyer numbers rose by 7.8% to 268,100, compared to the year before, while the number of landlords buying homes fell more than a fifth to 165,500.
Daily Mail (28/02/2017)
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)