The latest house price index from Rightmove shows that modest growth across London has pushed the average value to a new high of £650,000. In the past twelve months the average home in the capital has added just 0.9% to its price. Some areas have done much better than this though. Continue reading
Creating new private rental homes in Barking and Dagenham
In February Barking and Dagenham Council was praised for the number of new private rental homes they had seen built in the area. The 621 created on the Gascoigne estate as part of the Reside scheme are the most in any area in the capital. With 200 more under construction and set to be finished early in 2018, the area is definitely leading the way and helping to address supply issues. Continue reading
Wandsworth has plenty of interesting stories to tell
At Finefair we specialise in property management in Wandsworth, helping investors to keep their assets in the perfect condition. We can look after a huge array of different properties, from family homes to flats, blocks and even estates. We tailor services to suit any requirement and always maximise professionalism. Continue reading
Investing in new high quality homes
In previous articles we have written about plans to transform disused garages on housing estates throughout London to create new homes. Many councils have taken to the projects and made fantastic steps in redeveloping the sites. At the end of April the first 2 of 11 to be built on sites in Waltham Forest were finished. This is the first step in a major house building programme for the Borough. Continue reading
Property hotspots for young professionals
In April Tower Hamlets was named as the only East London hotspot for young professionals. The data from Lloyds Bank looked at which locations saw the highest number of people from this demographic (aged between 25 and 44) choosing to live in areas. The Borough came 6th in the top ten. Continue reading
Twenty cheap areas in London with impressive price growth
Sutton recently made it on to the list of the 20 cheapest post codes in the whole of London. The new league table was based on data from Countrywide, examined by Bairstow Eves. They looked at the most affordable 25% of post codes, examining price growth in the last year, two years, and five years to see which locations had seen the biggest rise in values but still remained affordable. Continue reading
The new masterplan for Canada Water
On Friday 5th May British Land revealed their revised masterplan for the Canada Water development in Southwark. The plans required some changes following feedback from residents and other important stakeholders. The 46 acre project is huge and the plan must be right before it secures planning permission. Continue reading
A new school for Twickenham, Richmond Upon Thames
Investment properties in Richmond Upon Thames remain popular because there are so many things to attract buyers and renters to the area. The setting is fantastic, with so much space and greenery to enjoy as well as good transport links to Central London. In addition the area is home to a number of good schools. Continue reading
February saw property low sales in three popular Boroughs
Land Registry Data for February 2017 show that the volume of property transactions in 3 popular London Boroughs was surprisingly low. This is an indication that owners are happier to hold on to properties and either lease them out or leave them empty as they wait for prices to rise. Continue reading
Working to make homes in Newham available for affordable rental
In previous articles we have talked about local councils in London setting up their own development companies to create new housing. Newham Council created their own housing company in March, taking their total to three. The latest one, which does not yet have a name, will focus on purchasing properties from various developments and making them available for affordable rent. The homes will be offered at 40%, 60%, or 80% of market rent to cater for residents on different incomes. Continue reading
