The growth in prices in outer Boroughs in London and availability of more space is driving demand. As a result many local councils in these areas are looking to create new homes to satisfy demands. Kingston Council became one of the latest towards the end of March when they revealed their plans for Cambridge Road Estate. They will regenerate the site to create 2,000 homes. Continue reading →

The latest figures from the Office of National Statistics (ONS) reveal that Kensington and Chelsea remains the most expensive area to live in England. It has held this title since 1997, the first year the data was collected. Continue reading →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →