020 7538 0102
25th November 2016
Direct Line Home Insurance has found 19% of adults living in London admit they have been a victim of, or witnessed a crime, but have not reported it to the police – over fears it would devalue their property, or make it more difficult to rent. About 17% of Londoners would consider not reporting a crime, or would discourage their neighbour from reporting one because it would show up on an online crime map. Thirty-six per cent would refuse to live in a high crime neighbourhood. However, 32% would be willing to live in a high crime area if the neighbourhood showed signs of gentrification.
Evening Standard (21/11/2016)
18th November 2016
Mount Anvil has put the final phase of its 27-storey Dollar Bay tower on the market. Overlooking West India South Dock on the Isle of Dogs, and just a 10 minute walk away from Canary Wharf, the tower takes its name from the dollar bills dropped by grateful GIs during World War II, as a thank-you to local dock workers for their help in the war effort. The development is crowned by four penthouses; a pair of 1,200 sq ft two-bedroom duplexes, along with two 3,000 sq ft three-bedroom homes, offering unimpeded views across the capital. Residents will enjoy the benefit of winter gardens, mezzanine floors and open-plan layouts, along with a 24-hour concierge service, private lounge, residents’ garden, gym and cycle storage as well as 30 basement car parking spaces. Set for completion in mid-2017, the penthouse prices start at £5m.
The Wharf (17/11/2016)
18th November 2016
HUB Group has submitted plans for a mixed-use development at Abbey Wood in Greenwich, totalling 280,000 sq ft of commercial space centred around a 29-storey residential tower. A total of 208 homes will be built should the Shedkm-designed scheme get planning approval, with work planned to start next summer. When Crossrail opens, Abbey Wood will just be three stops, or eleven minutes, away from Canary Wharf. Separately, developer Knight Dragon has pointed toward the Greenwich Peninsula, as an area of “change, dynamism and opportunity”. The firm is currently building 15,720 homes across the Thames from Canary Wharf as part of a plan designed to create a 34,000-strong community with 13,000 job opportunities and £500m worth of public and social spaces.
Property Week (14/11/2016) The Wharf (11/11/2016)
18th November 2016
Ballymore has released the final homes at New Providence Wharf in east London, with eight apartments on the top three floors of Providence Tower hitting the market for prices starting at £1.475m. Ballymore’s sales director, Jenny Steen, said, “We are thrilled to launch these eight beautiful homes – they are the last piece of the New Providence Wharf puzzle.”
The Wharf (11/11/2016)
18th November 2016
House prices across the UK have risen 7.7% in the past year to an average of £218,000, the latest data from the ONS and the Land Registry shows.. However, the number of sales continue to fall, with current levels remaining lower than in 2014, 2015 and the start of this year. The biggest price rises were seen in the east of England (12.1% to £277,000), London (10.9% to £487,000) and the south-east (9.9% to £313,000). London prices remain more than double the national average.
The Daily Telegraph (15/11/2016)
18th November 2016
Mortgages are now more affordable than they have ever been, according to the Council of Mortgage Lenders (CML), which said the figures represented a historic low and should help more people to buy their own home. In September, the CML said, the average homeowner - excluding first-time buyers - spent 17.7% of his or her monthly income on mortgage repayments. First-time buyers are spending 17.8% of their income servicing their mortgages, compared with 24.7% in November 2007, a recent high.
BBC News (15/11/2016)