020 7538 0102
24th April 2015
Private sector rents rose by £100 during the 2010 to 2015 Parliament, with the average tenant in England and Wales now paying £768 a month compared to £667 five years ago, a study has found
The Independent (23/04/15)
17th April 2015
The Standard’s David Spittles looks at the progress of Greenwich Peninsula, the capital’s biggest single regeneration project. Once finished, the 150-acre site, owned by China’s Knight Dragon, will boast 15,500 homes across five villages, as well as a 1.5 mile riverside promenade and civic squares home to bars, restaurants, a major new film studio, luxury hotel, driving range for golfers and range of visitor attractions. CBREsays that Greenwich Peninsula’s homes are proving popular among a range of people, especially young professionals, families and middle-aged downsizers.
Evening Standard (16/04/2015)
17th April 2015
Canary Wharf Group has secured planning permission for 1.7m sq ft of new floorspace at the Isle of Dogs. Tower Hamlets Council has granted full planning permission for a 700,000 sq ft office building at 1 Bank Street and outline planning permission for a 1m sq ft office building at 1 Park Place..
Property Week (10/04/2015)
17th April 2015
Despite his previous concern, Mayor Boris Johnson has decided not to call in the 220m South Quay Plaza. As a result, Berkeley Homes will now develop a 68-storey and 36-storey building based on designs by Foster + Partners at 183-189 Marsh Wall. Originally the height was set at 73 storeys but was reduced over density and safety fears.
The Wharf (15/04/2015)
17th April 2015
Campaigners have set up a planning forum in east London as part of the Government’s Localism Act because they argue Tower Hamlets Council is excluding Canary Wharf from its brief. The forum’s chairman Richard Harwood commented: “This area is apparently ‘too important’ to allow us to get involved and the council claims there aren’t many people living here anyway. I live slap bang in the middle of the area along with thousands of others, so we beg to differ!”
East London Advertiser (16/04/2015)
17th April 2015
The prospect of a mansion tax and increases in stamp duty have resulted in sales of £2m-plus properties in London declining by 40%. Data from Lonres found that sales of these homes in the three months to the end of March were 38% lower compared with the same period in 2014. Sales of properties worth between £1m and £2m were also 8.5% lower over the same period as stamp duty reforms in December kicked in. A reduction in demand has hit property prices in prime central London. The average price paid per square foot was 8.4% lower in the first quarter of 2015 than it was in the final quarter of 2014.