18th September 2015
The UK housing market is experiencing a serious supply shortage, with London facing the most dramatic crisis in the country, according to the latest Property Supply Index from HouseSimple. New property listings fell 6.6% across the UK last month, while the number of homes put up for sale in the capital dropped 24.8%. “Across the country there are thousands of frustrated buyers, with finance in place, ready to purchase, but the property supply reservoir has dried up,” said Alex Gosling, chief executive of HouseSimple.
City AM (16/09/2015)
18th September 2015
New London Architecture has collected 100 ideas from architects to solve the country's housing shortage by increasing the density of housing without harming the quality of resident's lives. The suggested solutions include floating homes on London's canals and rivers, building flats on top of hospitals, building over roads and railway lines and using empty space between and above existing buildings. Boris Johnson, the Mayor of London, and officials will consider 10 of the ideas.Lord Kerslake, chairman of the London Housing Commission, said: "The scale of the challenge is so big that we genuinely need some fresh thinking."
Evening Standard (16/09/2015)
18th September 2015
Plans for the £1.2bn redevelopment of Ten Broadway, formerly the Metropolitan Police's HQ at New Scotland Yard, reveal that of the proposed 246 apartments only 10 will be classed as affordable housing. Westminster Labour councillor Paul Dimoldenberg said: "I would hope that even Westminster council will throw the proposals out and tell the new owners to come back with more affordable housing. They should be ashamed."
Evening Standard (16/09/2015)
11th September 2015
Ruth Bloomfield of the Evening Standard profiles the Isle of Dogs, a once semi-derelict area in London's East End that is now becoming a great location for first-time buyers, focusing on One Housing Group’s iCON development, under a mile from Canary Wharf and a five-minute walk from South Quay DLR station. Forty-two shared ownership flats in 14-storey, five-building block are currently on sale; guide prices start at £106,250 for a 25% share in a one-bedroom flat, rising to £163,750 for a three-bedroom house. Elsewhere in the Standard, Anthea Masey explores Blackheath in south-east London and says its art events, acres of green space and great schools make it a favourite for families seeking a relaxed way of life.
Evening Standard, Homes & Property (09/09/2015)
11th September 2015
The Evening Standard's David Spittles explores how the Crossrail project has triggered a development boom in London. He also looks at the affect that "placemaking" schemes, in which builders and planners create community based assets, will have on property prices. Mr Spittles recommends Richmond Hill and the South Bank as being among the areas that will most benefit from this development.
Evening Standard, Homes & Property (09/09/2015)
11th September 2015
Plans for a commuter shuttle across the Thames linking Greenwich Peninsula with Canary Wharf have been drawn up by developers. They emerged after proposals for an £8.4bn revival of the “island” were given the go-ahead by Greenwich council earlier this week.
Evening Standard (10/09/2015)