020 7538 0102
12th February 2016
Blackheath, just a short DLR ride away from Canary Wharf, is fast becoming one of London’s most desirable villages, with prices increasing 14.4% in the first half of 2015 alone. Galliard’s Royal Green, a new residential development adjacent to Blackheath Park and close to a number of transport links, offers a selection of apartments, from studios to penthouses, built and finished to a high specification and available from £313,000.
UV 10 (11/02/2016)
12th February 2016
Just seven days after the Help to Buy London initiative was launched, more than 15,000 first-time buyers have taken up the offer. Mortgage brokers said they had been "deluged" by enquiries from tenants stuck in the "rental trap" and previously unable to save enough cash for a deposit. Ian Sutcliffe, group chief executive of Countryside, said: "The new scheme's popularity reflects the fact that it makes home ownership in London much more attainable and supports buyers far better than the (earlier) nationwide scheme was able to."
Evening Standard (08/02/2016)
12th February 2016
An analysis of Land Registry data reveals that the number of homes sold in London in 2015 fell almost 10%, to 103,772 – the first time they have fallen in four years. Property investment firm London Central Portfolio found that prices increased 4.5%, with the average price hitting £556,039, breaking through the half-million barrier for the first time. By way of comparison, the number of sales across the UK fell 3.4% to 739,128, with an average price of £237,921.
City AM (09/02/2016)
12th February 2016
Research shows that just one in three Londoners would be put off by nightmare neighbours when viewing a home, compared to 45% nationally. In the north east, 57% of residents said fears over those living next door would put them off buying a home. The main concerns for people when buying a property in London included distance from transport links and shops, as well as renovation costs.
Evening Standard (11/02/2016)
5th February 2016
Newham Council has granted detailed planning permission to Blackstone Real Estate Partners and Catalyst Capital for their new “Stratford Island” project. The east London development will see two tower blocks built in the Stratford Centre area, one of 42 storeys, the other of 25, creating 600 new homes, with 24,800 sq ft of leisure space and restaurants alongside 12,500 sq ft of offices, as well as a new public square and amenity space, and children’s play area. The old shopping centre itself will also be revamped. Construction is now expected to begin this year, with completion scheduled for 2018.
Property Week (04/02/2016) City AM (04/02/2016)
5th February 2016
The Evening Standard looks at six east London property hotspots where homes sit well within the budgets of first-time buyers, particularly those taking advantage of the government’s Help to Buy scheme for houses valued up to £600,000. The equity loan available was recently doubled from 20% to 40% of the property’s value, cutting the salary needed to afford an average £465,000 two-bed property from £56,000 to £36,000. Close to Canary Wharf are areas such as Stepney, where flats in a Victorian school conversion start from £449,950, and East City Point at Poplar, where a new home can be had for as little as £315,000.
Evening Standard, Homes and Property (05/02/2016)