020 7538 0102
22nd April 2016
Over 50% of homes in London’s prime market were sold at discounts of 10% or more in the first quarter following a downturn in the market, according to LonRes.
15th April 2016
Developer Mount Anvil and car manufacturer Aston Martin have celebrated a their partnership by displaying a 2016 V8 Vantage GTE Challenger race car on top of the 31-storey Dollar Bay Tower in South Quay on the Isle of Dogs. The event on Wednesday, which marked Mount Anvil’s appointment as Aston Martin’s Central London Luxury Homes Partner, saw guests mingle around the car, which will compete in the 2016 FIA World Endurance Championship, on top of the Ian Simpson-designed tower which, when complete, will offer 113 studio, one, two and three-bedroom apartments.
The Wharf (14/04/2016)
15th April 2016
More than 35,000 high-end homes with a sales value of upwards of £77bn are set to be built in London in the next 10 years, according to new research, despite demand beginning to cool. Design and consultancy firm Arcadis said figures from 2015 showed there are 35,055 luxury homes in planning and development - 40% more than 2014's figure of around 25,000. The homes will have a combined floorspace larger than the whole of the City of London.
The Daily Telegraph (11/04/2016)
15th April 2016
Sutton and Cheam MP Paul Scully has criticised proposals to change the IHT, paid at 40% if a person's estate, including their property, is worth more than £325,000. Mr Scully said Londoners were more likely to be hit because the average price of property in the capital is £530,368, compared with £190,275 elsewhere in England and Wales.
Evening Standard (11/04/2016)
15th April 2016
Aspiring first-time buyers in London will need an annual salary of £106,000 – with a deposit of £138,000 – to buy a typical home worth £558,000 in 2020, homeless charity Shelter is predicting. Shelter's calculations are based on people typically needing to put down a deposit in the capital of 24.8% of the property's price.
Evening Standard (13/04/2016)
8th April 2016
City AM looks at the rejuvenation of Woolwich; perennially labelled “up-and-coming”, its rejuvenation has been kick-started by Berkeley Homes’ Royal Arsenal Riverside Development, and the arrival of the Elizabeth Line in 2018. The £1.2bn, 88-acre Royal Arsenal holds 5,000 new homes, along with new retail facilities and a host of open park spaces, all set along almost 1km of riverside frontage. Once the Elizabeth Line opens, the same year as the development is set to complete, the area will be one of just two stations south of the river linking to Canary Wharf in eight minutes, and central London in just 22.