There’s been an increase in the number of reports which suggest that the London property market is experiencing a bit of a slowdown. In some areas this has indeed been the case, with a number of factors combining to bring about a slight fall in the level of anticipated growth. Most of these factors are well known, with the most immediate being people waiting to see how revised Stamp Duty fees will affect property valuations. Continue reading
Category Archives: News
A new mixed use development for Cambridge Heath, Tower Hamlets
Telford Homes recently confirmed they have exchanged contracts for the purchase of the former London Electricity Board building on Cambridge Heath Road, Tower Hamlets. They will pay £30.2 million for it and plan to redevelop the site to build affordable homes. Continue reading
The housing white paper could have a huge impact on the property industry
A long awaiting white paper on housing is expected to be released this week following a series of delays. It was originally intended to be revealed last year but was put back following a need for more details on the proposals being put forward for reform. Continue reading
New rules for every estate and lettings agent in Southwark to be aware of
Southwark Council took action at the start of February following complaints from residents regarding the multitude of advertising boards left outside properties. The major complaint was that the boards showing that a property had been sold or let were making the streets and estates look untidy. Continue reading
High demand for properties in a hotspot area can put pressure on amenities
London is such a huge property market that it is often better examined by breaking it down into specific Boroughs and even individual areas. By doing that people can determine which locations meet their needs, whether they are looking for a hotspot where they can invest and make a good return or an affordable destination to get on the property ladder. Continue reading
Agreements have been signed for a huge £410 million property investment in Hounslow
A huge £410 million development in Hounslow took a massive step forward earlier this month with the signing of a three way deal for the project. It set out the ownership structure of the agreement and listed who would be responsible for which element of the work. Continue reading
New plans to release council land in Havering for redevelopment
In December it was revealed that property prices in the London Borough of Havering had seen the highest jump of any area in the capital in 2016. This saw values soaring by over £40,000 due to the high demand for homes. The rise pushed the average price for a home in the area to £392,000. Continue reading
A new £200 million regeneration scheme for Clapton in Hackney
Hackney Council’s planning committee recently approved a new £200 million regeneration scheme in Clapton in the London Borough of Hackney. The project will see the creation of 400 new homes on the vacant two hectare Nightingale estate site. Continue reading
A new development to create homes and commercial space in Ealing
In July 2016 Amplio Developments purchased a 35,000 square foot art deco warehouse on the Acton/Shepherds Bush border in the London Borough of Ealing. The developers had big plans that would transform it into a mixed use site featuring new homes and commercial space. Continue reading
Council leasing could be a great solution to vacant property problems
GMB, one of the largest trade unions in the UK, recently revealed some shocking figures about the property market in London. Their study claims that over 59,000 homes in the capital are currently vacant. Of this number over a third of them (20,915) have been unoccupied for six months or longer. These are astonishing figures, particularly at a time when demand for homes is so high and targets for building new homes are being missed. Continue reading