Docklands News

Greenwich Council is expected to give the green light to plans for a pair of tower blocks, one of 36 storeys and the other of 20, next to the O2. The first phase of the Meridian Quays neighbourhood will see the creation of 866 flats, along with commercial units and a three-storey cycle storage unit, on a site between the Millennium Way roundabout the Thames. Knight Dragon plans to build 116 studio flats – 29 of which would not have a balcony – with 253 one-bedroom flats, 201 two-bedroom flats and 30 with three bedrooms. 

The Greenwich Wire (15/10/2023)  

The average UK house price in August 2023 remained stable at £291,000, according to the Office for National Statistics (ONS). Rental prices continue to surge, reaching record highs for the 18th consecutive month. The average house price in England remained unchanged at £310,000, while Scotland saw a 1.1% increase in property value. Wales experienced its first annual fall in house prices since April 2020, with Northern Ireland seeing a 2.7% increase. In London, house prices fell 1.4% annually. 

City AM (18/10/2023)   Daily Mail (18/10/2023)   The Independent (18/10/2023)   The Mirror (18/10/2023)  

Mortgage customers are better served by building societies than banks, according to consumer group Which? Nationwide and Skipton building societies topped the table of best mortgage lenders in terms of service, transparency, and value for money. Yorkshire Building Society came second, followed by Coventry Building Society and Leeds Building Society. Banks, on the other hand, have dropped down the ratings, with Platform, Metro Bank, and Kensington ranking the lowest. Santander and TSB were the top-placed banks in a ranking based on a survey of over 3,400 people.

Evening Standard (16/10/2023)   The Independent UK (15/10/2023)   The Sunday Times (15/10/2023)  

PLP Architecture has produced a new set of plans for the Westferry Printworks site, featuring more than 1,300 new homes and a new secondary school. The latest proposal, the third since the original 722-home scheme was granted planning permission seven years ago, would deliver a five-storey secondary school and 1,358 homes on the 5ha site south of Canary Wharf. The tallest element of PLP’s latest plans for the site is 31 storeys, with the height of several other residential blocks has been increased to deliver additional density. A planning application for the latest incarnation of the proposals has yet to be submitted.

Building (12/10/2023)  

Barratt London has launched The Skyline Collection at its 26-storey Bermondsey Heights development. Designed by award-winning architects dMFK, it comprises 26 one-, two-, and three-bedroom apartments, offering enhanced specifications, a balcony or winter garden and spectacular views of some of London’s most iconic landmarks, including Canary Wharf and The Shard. The kitchens feature Silestone worktops, sleek cabinetry and integrated appliances. Each of the two- and three-bedroom apartments benefits from the addition of a contemporary en suite bathroom or shower room, with beautifully tiled walls and floors. Each home also has access to a residents’ roof terrace and communal podium gardens. For added convenience, a residents’ concierge service will help relieve the stresses of a fast-paced city lifestyle. Prices at The Skyline Collection start from £499,000 for a one-bedroom apartment. 

Realty+ (11/10/2023)