In previous articles we have written about features that add value to a property in London such as proximity to transport links and parks. The latter adds value because so many properties in the capital have no outdoor space of their own. Property website House Simple recently looked at this in more detail. Continue reading
Category Archives: News
Barking and Dagenham has the second highest price growth in London in February 2017
Your Move recently released their data for property price growth in February. The figures make interesting reading, showing that the average price of a home in England and Wales rose by 0.6% in the month. This is a positive result over the same month in 2016 when there was a lot of concern about the introduction of stamp duty price hikes. Continue reading
Property listings leaped up in Redbridge in January
Recent data from the Property Supply Index by online estate agent House Simple showed that the number of property listings in January 2017 jumped to pre-Christmas levels. They examined the number of properties being listed in 100 major areas, including every London Borough. They found that every town and city across the UK saw a rise in properties listed in this period. An incredible 21.7% of them saw increases of 100% or more in comparison to December. Continue reading
New licensing requirements for landlords in Lewisham were introduced in February
On 11th February the Borough of Lewisham announced it was to go ahead with new Additional licensing for landlords. For the next five years owners of HMOs above commercial properties in the area will have to have an additional license when they meet certain obligations. Those that do not have the license could face fines and other penalties. Continue reading
House prices in Kensington and Chelsea grew more than any Borough per day
Recent data from estate agents Savills reveals a really interesting fact about London house prices. According to their figures the average price of a home has increased by £105 per day for the last five years (December 2011 to December 2016). This growth has occurred despite all kinds of shocks including currency fluctuations, political moves, and the introduction of new taxes and regulations. Continue reading
The Borough of Havering could introduce new licensing for landlords
The London Borough of Havering recently joined other local authorities in the capital looking to introduce a new licensing scheme regarding landlords. The aim is to drive up standards and to protect tenants from being taken advantage of. This includes those vulnerable groups known as “transient households” such as pensioners, young families, and people who live alone. Continue reading
Wood Green in Haringey is the focus of a £3.5 billion regeneration
Wood Green in the London Borough of Haringey could be set to receive a huge make-over. The area is the subject of a £3.5 billion proposal that would regenerate the town centre, create 7,700 homes, and deliver over a million square feet of employment space. As part of the work 25 sites would be redeveloped. Continue reading
Hackney has been London’s golden area in the last twenty years
Hackney has been the golden area in London over the last two decades according to the latest data from Lloyds Bank. In 1996 the average house price in the area was £75,000. Twenty years later and this price was just over £605,000. This translates to an eye-watering 702% increase. Continue reading
Plans are revealed for redeveloping old garages in Enfield
In a previous article we wrote about plans to redevelop the land currently taken up by old, unused garages in several London Boroughs. These ideas have taken a step forward with an architecture firm releasing their plans for the first of four schemes for Enfield. Continue reading
The City of London is outperforming the average for inner London
Emoov recently released data for house price growth in the year to December 2016. The findings are interesting, showing that the property market may be back on the right track with encouraging rises in prices. Continue reading