Apartment living has become a firm favourite in London. Living in a block of apartments can offer a wide array of benefits including giving people impressive views across the city. On top of this the properties can provide all kinds of attractive facilities and services for residents to enjoy. These could include a gym, concierge service, and even a chauffeur service. Continue reading
Monthly Archives: July 2016
Families are attracted to the suburban feel of Sutton
The Borough of Sutton is located in the South West of London, with Croydon situated to the east and Merton to the North. The area is well known, offering a number of attractions for residents. Whatever it is that ultimately draws you towards the suburbs, whether it is the low crime rate or the outstanding academic results, we can assure you that choosing to live there is an excellent decision. Continue reading
A new mixed use development for Southwark
The Borough of Southwark in London has enjoyed some big developments over recent years, particularly along the riverside. The area is attractive because of the close proximity to the City. It has seen numerous property investments being made, including new builds and regenerations. Many people have been drawn to the area to purchase homes and other properties too. Continue reading
Relishing in the riches of Richmond
Ask anyone who has a familiarity with Richmond upon Thames and they will tell you that it is home to many of the happiest residents in the UK. With its fabulous rental prices and a plethora of restaurant and shopping options at your disposal, it is the perfect spot for a home. Continue reading
Redbridge could become a designated licensing area
Redbridge Council are considering following the lead of several others in London and becoming a designated licensing area. This would see landlords having to pay for a licence for each private property they want to let. The move is designed to improve standards, including the quality of housing, and ensure that tenants are treated fairly. It is believed it would also tackle anti-social behaviour. Continue reading
A useful online service for landlords
The Councils for the London Boroughs of Newham and Havering agreed a fantastic deal in 2013 which saw a great partnership formed between their back offices. The move was not politically orientated; instead the focus was on maximising efficiency and delivering the best possible support. The relationship has provided several fantastic benefits and there are plans to extend it. Continue reading
Rising home supplies in Merton offer investment potential
In June House Simple released its latest data for property supply across the UK. The figures show that supplies have gained 4.8% overall in May. Different areas fared better than others though, with some seeing a drop in availability whilst others have enjoyed an increase in the number of homes that are available.
The best performing area in the whole of the UK in the period was Lichfield in the West Midlands. This saw a huge 55.8% rise in supplies. Chesterfield and Rugby followed with 37.5% and 32.5%. In London the best performing area was Waltham Forest at 31%. Merton followed closely with a 30% increase.
The performance of the two areas in the capital is impressive and comes as 53% of the 32 London Boroughs reported a rise in supply. The news is very welcome, particularly with restrictions on supplies coupled with high demand continuing to push prices up in many areas.
Merton is a very interesting Borough to live in thanks to the great location and the attractions on offer. The area has enjoyed a growing population over recent years and numbers are expected to continue to rise between now and 2020. The age groups showing the highest growth are over 50s and under 16s. This shows that the area is very attractive to families. In fact this kind of household currently makes up approximately one in four of the homes in the Borough.
Areas to the west in Merton tend to be the most affluent, particularly those around Wimbledon. There are many attractive larger homes here as well as more open spaces to enjoy. This pushes up demand for homes in the area.
At Finefair we can help people to choose the right investment properties in Merton. If you are looking for a home that offers the potential for a fantastic return we can help. We will work closely with you to determine your criteria and help with the search. We can offer advice about different areas and also help you to plan your lettings strategy, determining whether you want to do it privately or with the local council.
Transport developments for Lewisham
Across London there are a number of projects to improve the transport infrastructure further. One project recently decided on is an extension of the Bakerloo Line to Lewisham. The route has been decided with Transport for London (TfL) opting to go via Old Kent Road rather than through Camberwell and Peckham. Continue reading
A new future for Lambeth Council
Permission for a major regeneration of Brixton town centre was granted in 2015. A big part of this is the £50 million Your Nu Town Hall project. This will see the activities of Lambeth Council centralised in a new property, freeing up 11 other properties that they currently use. The move is expected to save the Council approximately £4.5 million each year thanks to the more efficient use of buildings and new facilities. Continue reading
Larger homes and leafy streets in Kingston Upon Thames
Kingston Upon Thames is a very highly regarded London Borough, offering a fantastic combination of leafy streets and larger properties. Surprisingly though the area is more famous for shopping than housing. There is an incredible combination of large department stores and independent traders in the area, offering hundreds of shops to choose from. Each year approximately 20 million people visit the Borough but it has one of the smallest populations. Continue reading
