020 7538 0102
11th December 2015
Sir Stuart Lipton plans to create the first part of an urban enclave bigger than Soho by 2018 in Silvertown Quays, next to London City Airport. His company wants to turn Millennium Mills into warehouse-style offices for 150 start-ups, with a roof-top restaurant. The development will also include up to 3,000 homes.
The Sunday Times (05/12/2015)
11th Decewmber 2015
A twenty-seven apartment waterside development in Greenwich has just launched, courtesy of Family Mosaic. The one-, two- and three-bedroom homes at Charters Wharf, overlooking Deptford Creek, are just a five-minute walk from Greenwich town centre, and within easy distance of Canary Wharf. The buildings contain a number of structural and architectural details inspired by the area’s maritime heritage. Prices start at £385,000 for a one-bedroom apartment.
The Wharf (08/12/2015)
11th December 2015
London mayoral candidate Zac Goldsmith has pledged to create thousands more homes in the capital and clear a logjam of held-up housing schemes. He said he would change the London Plan to shorten the time before a housing development must start on site, from three years to two, and create a "new homes challenge panel" to review stalled schemes and recommend how to unlock them.
Evening Standard (04/12/2015)
11th December 2015
House prices rose by 1.4% in the past three months and by 9% at an annual rate, despite a 0.2% fall in November, according to Halifax. Martin Ellis, Halifax housing economist, said: “Solid economic growth, rising real earnings and falls in already very low mortgage rates have combined to stimulate housing demand this year,” adding: “The increasingly acute imbalance between supply and demand is causing prices to rise at a robust pace. A situation that is unlikely to reverse significantly in the short term”.
Financial Times (08/12/2015)
4th December 2015
House prices in London’s suburbs have now pushed the average cost of a home in the capital through the £500,000 barrier. Many outer boroughs have seen double digit growth as first time buyers and investors seek cheaper properties outside central London. The biggest year on year rise is noted to have been 13.1% in Hillingdon, where the average price stood at £361,595 in October according to Land Registry figures.. The west London borough was followed by Enfield on 12.8% and Bexley on 12.7% growth.
Evening Standard (28/11/2015)
4th December 2015
Anna White in the Telegraph says the Government's increase in stamp duty has cooled the capital’s luxury property boom, with the number of sales in the £1m to £5m price bracket falling this year. Ms White says a report from Lloyds Bank shows that the sale of homes valued at more than £1m are down 11% in the first half of 2015. LonRes figures show that the number of London homes sold for between £1m and £2m fell 22.5% from July to September compared with the same period in 2014 while sales worth more than £5m were down 29% between January and October 2015. She says overseas investors and second-home buyers have shifted their focus to New York and the south of France.