The property market in the City of London is dominated by commercial premises because there is such high demand for office space in the area. This naturally has an impact on the residential sector in many parts of the Borough, meaning there are fewer homes available than in many other boroughs. The lack of supply coupled with the appeal of the location means demand and prices are both high. Continue reading
The continued popularity of Camden
There were some significant developments in the property markets in the five most expensive central boroughs in London last year. According to figures from LSL Property Services, prices were down across Kensington and Chelsea, Westminster, Hammersmith and Fulham, and Islington. The only exception was Camden, where prices in November 2015 were up 7.4% on the figure from 2014. Continue reading
Leafy Bromley has plenty to offer renters
London investment properties have the potential to provide excellent returns, but it is crucial to make sure you are as informed as possible so you can buy the right property at the right time in the right place. If you are thinking about purchasing an investment property in the London area, we can act as your partner and guide you through the entire process, helping you to decide which area has the most potential. Continue reading
Avoid these common landlord mistakes
Being a landlord can be incredibly rewarding, but it’s not simply a case of buying a property and then watching the money roll in. Care, time and attention to detail are needed if you want to achieve success in the buy to let market. Here are some of the most common mistakes made by landlords. Continue reading
Bexley named as the happiest borough
Bexley recently came out on top of a Twitter survey which set out to find the happiest of the London boroughs. The result reflects the positive tweets coming from the area specifically over Christmas and New Year, but in truth the same sense can be found throughout the year. This is no surprise to us, as we know how many fantastic qualities Bexley has to offer for London residents. Continue reading
What are the responsibilities for commercial tenants?
There are several differences between letting a domestic property and letting business premises which both landlords and tenants need to be aware of. One of the most significant differences is that when renting a commercial property, a business will usually have to pay dilapidations costs to account for any damage incurred during the tenancy. The landlord will then use this money to get the property back to its original condition. Alternatively, the tenant may opt to handle this work themselves before their tenancy ends. Continue reading
Mews houses have a historic appeal for buyers
A mews house is a traditional style of British home, and they are often highly sought after by property investors and home buyers. Many of London’s mews houses were built in the late 19th century and were located down narrow “service streets”, behind the larger streets where affluent households were located. The mews house would usually contain a stable on the ground floor for horses, with servants’ living quarters upstairs. Continue reading
What to do in the event of unpaid rent
Every landlord wants to make a profit from their buy-to-let property, so a tenant who is unreliable, unwilling or unable to pay their rent can be a nightmare. It can be difficult to know what to do in the event of unpaid rent, but there are several possible steps you can take. Continue reading
Waltham Forest is undergoing extensive regeneration
We have often discussed the pressure of creating sufficient homes for the people of London as demand continues to increase, and there are currently several projects taking place in the capital with the aim of improving living standards. One example of this is the “Creating a Better Place” plan, which aims to boost standards and availability of housing in Waltham Forest. Continue reading
The East End is drawing investors and renters
Many areas of London are currently experiencing a wave of regeneration, resulting in potentially lucrative hotspots for landlords and renters. Investors and developers with properties in east London in particular are enjoying great benefits as the area continues to expand. There are now more Londoners residing east of Tower Bridge than to the west of the city, and the population of east London is expected to grow by 600,000 in the next fifteen years. Continue reading
