Recent research has revealed Ilford to be one of the most appealing places for landlords and developers to be directing their next investment. One of the areas included in Boris Johnson’s “City in the East” masterplan, Ilford is soon predicted to experience an intense period of change with many investors keen to play a part in the story. Continue reading
Meeting the required Decent Homes Standard
Landlords who are leasing properties through the council are legally obligated to ensure that they meet the Decent Homes Standard. This policy was introduced by the government as part of their Decent Homes Programme, and is designed to ensure that people have access to safe, comfortable, quality accommodation. Continue reading
The property market is balanced for continued success
Recently released figures show that London property prices rose by 11% over the course of 2015. If this wasn’t enough to confirm the current strong state of the property market, it was also confirmed that property prices across the capital have risen on average by an incredible 83% over the last six years. While some experts take the view that this rate of growth is unsustainable and are warning that the market bubble will burst, the seemingly ever increasing levels of demand for property in London would suggest that this is not the case. Continue reading
Ealing officially boasts the best high street in London
When you are buying or renting in the capital, the location will always be one of the most important considerations. The London Borough of Ealing has long been an attractive borough for those looking to purchase or rent property, and Pitshanger is one of its most sought after areas. Continue reading
The Croylease scheme offers help for landlords
Council leasing can be a beneficial way for landlords to find tenants and ensure that their property is being looked after. If you are interested in council leasing in the Croydon area, the local borough council offers the Croylease scheme, which gives landlords the chance to lease their properties through the council for a period of five years. Continue reading
No seasonal slowdown of rents as demand continues to rise
Rents across the UK increased by 0.7% month on month up to October, and are showing no signs of the slowdown that normally hits at this time of year. According to the latest Landbay Rental Index rental amounts rose around the UK with only Scotland seeing a marginal monthly fall of 0.1%. Continue reading
Boris Johnson gives Greenwich Peninsula development the green light
The Mayor of London Boris Johnson has given the go ahead for the capital’s largest single regeneration development in the Greenwich Peninsula. The project will see the construction of 12,600 new homes. Greenwich Council gave planning permission for the site in August and last week saw Boris Johnson give the plan the official thumbs-up. Continue reading
The contribution of regeneration to the property market
At the moment, it seems impossible to read anything about the subject of London property without encountering the word regeneration. With the demand for property in London showing no signs of easing off any time soon, there is mounting pressure to meet this demand without building on designated ‘green belt’ areas. This has resulted in the regeneration of many areas of London, which involves repurposing property to meet current requirements. This approach serves to help meet the demand, but also creates a whole new market for those looking for investment properties. Continue reading
The London rental market remains strong
At the moment, close to 30% of the entire London property market is made up by the private rental sector. Owning property to lease in the capital has always been regarded as an astute investment decision, with levels of demand ensuring a healthy yield irrespective of economic conditions. However, with proposed changes to the ways buy to let properties are taxed, some believe that there is likely to be a fall in the value of investment properties. Whilst we can see how some have reached that conclusion, we have a different view on the subject. Continue reading
Commission for more council built homes means leasing opportunities
A new UK Housing Commission has been launched to explore new avenues to property construction so that councils can make the building of new homes possible. Councils throughout the country built nine times more homes between 2010 and 2015 than between 2000 and 2005 and are aiming to substantially increase the availability of new homes in their local areas. Continue reading
