New figures from Land Registry show that Hillingdon has been the highest performing Borough in London in the last year. Values have rise by 17.1%, almost three times faster than the national average in the same period. The Borough of Havering had a similar rise but remains slightly behind in terms of the average price. Continue reading
Ambitious property investment in Havering by the local authority
Havering Council is planning one of the most ambitious projects to tackle the demand for houses in the Borough. The Housing Regeneration Programme will see an estimated 3,500 new homes created within the next ten years. Approximately £1 billion will be invested to accomplish this, making it one of the biggest local authority led projects not just in London, but across the UK. Continue reading
A green light for a development in Harrow
New homes will soon be created in Wealdstone, Harrow in close proximity to the local station after a project previously rejected was given the green light by the Mayor of London. The Palmerston Road development will be seventeen storeys tall when it is finished, creating 186 homes, 74 of which will be affordable. Continue reading
Making progress with the Haringey Development Vehicle (HDV)
The Haringey Development Vehicle (HDV) is an approach the local Council has taken to develop the significant amount of land in the area, creating new homes and jobs in the process. The strategy is an interesting one and will involve a partnership between the authority and a private developer. That way financing becomes easier, development can proceed at a faster pace, and profits can be shared to be reinvested. Continue reading
New office and retail space can impact the property market
A new mixed use scheme could see the 70s Landmark House and Thames Tower buildings demolished and replaced with new towers twice their current height. This would boost the amount of office space and create extra facilities such as a hotel and a bar. Continue reading
Clapton has transformed into a popular part of Hackney
In a previous article we talked about a new £200 million development in Clapton, Hackney that would create lots of new homes. This time we thought we would take a closer look at the area and explore why it is proving so popular with younger buyers and renters alike. Continue reading
Replacing a former council estate in Greenwich
The Ferrier council estate in Greenwich was demolished between 2009 and 2012 following years of decline. In its place is the new “garden suburb” Kidbrooke Village. The transformation is incredible, particularly with the architecture finally becoming visible with the completion of homes on the 276 acre site. Continue reading
Enfield Council to continue Meridian Water development
Redevelopment of the Meridian Water site in Edmonton, Enfield, is set to continue with the local council purchasing the redundant VOSA site. This area was formerly used for vehicle testing but fell out of use and became available for development. Continue reading
Permission is granted for the GSK/Sunblest site regeneration
The GlaxoSmithKline and Sunblest Bakery sites in Greenford, Ealing took a big step closer to redevelopment with Greystar securing full planning permission from the Council. The 20.3 acre site will become one of the largest build to rent schemes in the UK, providing 1,439 new homes for rental. On top of this will be 526 homes for sale. Continue reading
New £60 million property investment in iconic Croydon tower
Earlier this week there was a story about one of the largest examples of property investment in Croydon in recent times. Chinese property firm R&F Properties have invested around £60 million in the St. George’s Tower and surrounding site. The iconic building, more commonly known as the Nestle Tower, has stood empty since 2012. It was purchased for £10 million by Minerva in 2015 but has now changed hands again. Continue reading
