020 7538 0102
15th July 2016
A study of the residential property market under different prime ministers since 1955 shows that David Cameron’s tenure saw a 3..2% rise in the average house price. The study from Neal Hudson, associate director of research at Savills, shows that the average value of a home in London is now 39% higher than when Mr Cameron took office in 2010. Tony Blair takes the top slot in the Savills' league, with the average price of a home up 136.8% between 1997 and 2007, while there was a 14.3% decline during Gordon Brown's term.
The Times (13/07/2016)
8th July 2016
Genesis Homes has put a selection of one- and two-bedroom apartments in the Jessops tower block scheme at New Providence Wharf on the market. Close to East India DLR station, the homes come with contemporary kitchens fitted out with integrated Bosch appliances, with fully-tiled bathrooms finished with modern white sanitaryware and chrome fixtures and fittings. Two-bed apartments are available from £485,000, and from £121,250 on Genesis’ shared ownership scheme.
The Wharf (04/07/2016)
8th July 2016
Analysis by the Standard indicates that many London homes have had their prices reduced since the Brexit vote, amid warnings of a slump in the housing market. The analysis of 13,000 homes currently listed as “reduced” suggests that around one in six have had their price cut since the vote, and that the impact is expected to be most severe in the new luxury developments along the river from Vauxhall to Docklands..
Evening Standard (01/07/2016
8th July 2016
MPs have begun an inquiry into the UK's housebuilding industry, questioning why supply cannot keep up with demand and calling on the chief executives of major developers to give evidence on the industry's capacity to build after the recent publication of poor construction figures. The Communities and Local Government committee will also seek evidence from ministers, representatives of industry bodies, local authorities and housing associations. Committee chair Clive Betts MP said he will examine the decline of small and medium-sized developers and look closely at the skills shortages, planning delays and finance issues hampering the industry.
City AM (06/07/2016)
8th July 2016
House prices cooled in the run-up to the EU referendum in June, according to Halifax, as uncertainty took hold and buyers lost confidence. The rate of annual house price growth in the UK was 8.4%, down on May's rate of 9.2%, and its lowest level since July 2015. The 8.4% rate of growth was slightly better than the 7.8% growth forecast by economists. The price of the average home in the UK rose by 1.3% between May and June, or by £2,708, to hit £216,823, up from 0.6% the previous month, according to the index..
The Daily Telegraph (08/07/2016)
1st July 2016
Galliard Homes has released the final phase of its Wapping Riverside development, with the last 10 apartments at the converted tea and coffee warehouse now on sale. The Grade II listed five-storey Victorian building, located on Wapping High Street in a designated Conservation Area, houses a total of 31 luxury apartments, all benefiting from balconies and a landscaped rooftop terrace with lounge areas looking out over the Thames. The development is next to Wapping Station on the Overground, and is a short step away from Shadwell DLR and the Underground at Tower Hill. Prices start at £1.3m for a two-bedroom apartment on a 99-year lease.
The Wharf (01/07/2016)