Greenwich Council recently took some big steps that could have a massive impact on investors and landlords in the area. In the near future they will require that planning permission be applied for before private rental properties are let to multiple people. As a result anybody thinking of operating a HMO must have the correct permission. Continue reading →

The redevelopment of the Woolwich Building in Bexleyheath took a big step forward in September when Bellway agreed a deal with Sports Direct. The plan will see the creation of new homes on the 3.7 acre site as well as 29,000 square feet of new commercial space. This will become one of the most impressive examples of property investment Bexley has seen recently. Continue reading →

Tower Hamlets Council recently set a new precedent that developers and investors need to be aware of. Towards the end of September the local authority issued an enforcement notice that three historic cottages that had been demolished without planning permission must be rebuilt exactly how they once stood. This is the first time they have ever issued such an order. Continue reading →

Twickenham continues to be one of the most popular areas for property investment Richmond upon Thames has to offer. The area retains its village feel whilst also offering something to suit every type of resident. For example there are fast links to central London, good schools, beautiful stretches of riverside, and plenty of leisure, arts, and sports on offer. Continue reading →

The London Borough of Newham has forged a partnership with SiteSales Property Group to provide new housing opportunities for people suffering with prices. The NewShare scheme is unique. The big difference between it and shared ownership is that buyers own 100% of the property from the outset. This is instead of owning a smaller percentage and then having to purchase the rest at a later date. Continue reading →

Last year a study by the London School of Economics and University of York was released, revealing the contribution overseas investors made to the housing supply. Perhaps more importantly though, the research looked into the number of properties investors purchased and left vacant. Although the data found this to only be a small percentage of homes in total, it is worse in high value areas including the City of Westminster. Continue reading →

Camden remains a popular area for property investment according to figures released by the Office of National Statistics (ONS) in the middle of August. Between January and April prices decreased with some fearing this was evidence that the property market bubble was about to burst. Since April though, values have begun to rise again. In June the growth was an impressive 4%. Continue reading →

Last month new research revealed that Barking and Dagenham has four of the top ten best Wards for first time buyers looking at flats. By using over 100 sets of data, including statistics for historical price growth, regeneration potential, school index, and crime rates, the study shows which areas are the most attractive. Continue reading →

The London Mayor Sadiq Khan is expected to outlines plans in September that detail the greater role that City Hall will take in land decisions. The move could see more Brownfield land freed up for development as well as closer scrutiny on the number of affordable homes being created. Ultimately the aim is to ensure that 50% of properties on all new developments are affordable. Continue reading →

The amount of affordable housing created in London is a very hot topic at the moment. Pressure is on local councils to create homes that are accessible to people on lower incomes in a time when land and property values are rising. The situation is made even more challenging because it must be accomplished without assistance from Central Government. Continue reading →