If you were to ask people around the world to think of the most iconic building in London, Tower Bridge is bound to feature as a popular answer. This magnificent suspension bridge has been used as a symbol of London for many years, with perhaps only Big Ben being the more recognisable building in the city. Tower Bridge is situated in the London Borough of Tower Hamlets, an area which is under increasing pressure as the demand for housing rises. Continue reading
Category Archives: News
Short term changes are expected in London’s market
It has been predicted that the UK’s housing market will undergo some uncertainty over the coming months, due to a combination of factors including the recent changes to stamp duty, upcoming regional elections, and the imminent referendum which will decide whether or not the UK exits the European Union. According to surveys carried out by the Royal Institution of Chartered Surveyors (RICS), short term confidence has been knocked, leading to a temporary slowing down of the market across the country. Continue reading
Plans for the City’s tallest skyscraper are underway
As the focal point for finance and business in the capital, the City of London is constantly undergoing many changes and developments. One of the most significant in recent years is the plan to construct the Square Mile’s tallest skyscraper, which will stand at 62 storeys high and be located on the 22 Bishopsgate site. The plan is for the skyscraper to open in 2019, providing offices for approximately 100 companies employing up to 12,000 people. There will also be a free viewing gallery for public use, as well as spaces for shops, restaurants and other businesses on the ground floor. Continue reading
Luxury lettings are becoming more popular
Estate agency Knight Frank recently reported a significant rise in the number of people choosing to rent London properties valued at over £10 million. The trend has continued since 2011, more than doubling in those five years. In the year leading up to March 2016 the number rose by a third, showing that it is currently a growing market. Continue reading
Bexley is officially London’s most affordable area
Reports have shown that the average price of a property in the London Borough of Bexley is over £200,000 cheaper than the average across the whole of London, making this the most affordable area of the entire capital. Over the first three months of this year, 72% of the properties placed on the market in Bexley were sold, reflecting the high demand for homes and investment properties here. Continue reading
The East End continues to gain ground
In the year leading up to March 2016, property prices went up by 1.9% across London, according to the latest figures from real estate and investment specialists JLL. In that period the east of the capital had the highest growth, with prices up an impressive 7%. This shows a continuation of the rise in East London’s popularity and reflects high demand for homes across the area. Continue reading
Is London low on space for new properties?
Reports have been released which state that London needs around 50,000 new homes each year to accommodate all its new and existing residents, but only around 24,000 are planned for construction on an annual basis. The implication of this is that London simply doesn’t have the space for any more housing, but in reality it seems that there is actually plenty of possibilities for London to keep expanding. Continue reading
Merging associations will provide housing opportunities
Merger talks between three of the largest housing associations in London took place earlier this month. L&Q, Hyde Group and East Thames collectively own and manage approximately 140,000 homes in the capital. The move would create a huge association worth an estimated £30 billion if it goes forward. Continue reading
Hounslow is London’s most visited area
While Westminster or perhaps Kensington & Chelsea may seem like the areas of London which attract the most visitors, it is in fact Hounslow which welcomes the highest numbers of visitors each and every year. That’s because the borough is home to Heathrow, the UK’s busiest and largest airport, and last year alone 75 million passengers travelled through here. Continue reading
Lewisham is a highlight of London’s property market
For those looking to acquire investment properties, London is seen as a potentially highly lucrative choice. Outside of the rich history the city offers, it is a place where high levels of demand mean significant returns are likely to be assured. However, gaining success in the London property market is dependent on knowing which areas of the city will offer the most potential for you. At this stage, South East London seems to be one of the key areas for investors to focus on. Continue reading




