In the year leading up to March 2016, property prices went up by 1.9% across London, according to the latest figures from real estate and investment specialists JLL. In that period the east of the capital had the highest growth, with prices up an impressive 7%. This shows a continuation of the rise in East London’s popularity and reflects high demand for homes across the area. Continue reading
Adding value to your portfolio
If you are an investor looking to make a profit by improving and selling or letting properties, there are several possible steps you can take to boost your prospects of success. Firstly, it is important to ensure that the structure is in the best possible condition. Tenants will want a home that is sound and buyers will be looking out for issues they will need to pay to have fixed. Making even minor improvements could potentially give your profits a major boost. Continue reading
Is London low on space for new properties?
Reports have been released which state that London needs around 50,000 new homes each year to accommodate all its new and existing residents, but only around 24,000 are planned for construction on an annual basis. The implication of this is that London simply doesn’t have the space for any more housing, but in reality it seems that there is actually plenty of possibilities for London to keep expanding. Continue reading
Our top tips for a successful investment
The start of the new tax year brought some important changes for prospective landlords to be aware of. Firstly a new surcharge on purchases of investment properties was introduced, adding 3% to the cost. A reduction in tax reliefs was also announced. From next year it will no longer be possible to offset all of the interest on mortgages against the tax bill, resulting in rising costs. Lending controls also are expected in order to even the playing field for first time buyers. Continue reading
Merging associations will provide housing opportunities
Merger talks between three of the largest housing associations in London took place earlier this month. L&Q, Hyde Group and East Thames collectively own and manage approximately 140,000 homes in the capital. The move would create a huge association worth an estimated £30 billion if it goes forward. Continue reading
Opting for improvements
Home improvement is becoming increasingly popular in London because of the limited housing stock and the high prices of properties. Many home owners are opting to stay in their existing property and make improvements to it rather than moving. This noticeable trend has seen a large number of extensions, regenerations and modernisation projects taking place in residential properties across the city. Continue reading
Richmond offers a high standard of living
Occupying a highly desirable spot along the River Thames, Richmond upon Thames is a borough with plenty of potential for those who are in search of lucrative investment properties. Home to attractions such as the historic Hampton Court Palace and Twickenham Stadium, the borough draws huge numbers of tourists every year, as well as people looking to buy or rent high quality homes in one of the capital’s most appealing areas. Continue reading
Avoid the personal costs of being a private landlord
At this stage, the potential for long term gains from a London property portfolio is higher than it has been for a long time. It would, however, be a mistake to think that accessing this profit is as straightforward as just owning property. Expert skills and in-depth knowledge are required to ensure that you reach success. With our knowledgeable support, you can give yourself the best possible chance of reaching your goals. Continue reading
Hounslow is London’s most visited area
While Westminster or perhaps Kensington & Chelsea may seem like the areas of London which attract the most visitors, it is in fact Hounslow which welcomes the highest numbers of visitors each and every year. That’s because the borough is home to Heathrow, the UK’s busiest and largest airport, and last year alone 75 million passengers travelled through here. Continue reading
London supports commuting
London has a world-renowned transportation network connecting towns and villages across the south of England with the capital. This includes a huge number of routes on both rail and road. This infrastructure is important because it allows people to live throughout Greater London and even outside the city while still being able to make their way into the centre for work and leisure purposes. Continue reading
