Category Archives: News

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London could see new Iranian investment

After it was determined that Iran has complied with a deal to stop developing nuclear weapons, international economic sanctions were lifted from the country in January this year. Because of this, it has been predicted that London could see a new influx of Iranian property investors in the coming years. Continue reading

The new Elizabeth Line

Property prices along the new Elizabeth Line in London have risen a great deal in the seven years since the project began. The work to build a new Underground line is known as Crossrail, but the route will be renamed in 2018 when the central section is finished. The name change was unveiled in February 2016 and is intended to commemorate Queen Elizabeth II, the longest serving British Monarch, and will be coloured royal purple on maps. Continue reading

How will a “Brexit” impact the property market?

One of the biggest news stories in recent weeks has been the upcoming “Brexit” referendum in June, which will determine whether or not Britain will leave the EU. There is much uncertainty about what the future will hold for our country if we opt to leave, particularly in the property market, where there are bound to be some significant changes. Continue reading

Newham property continues to grow in popularity

For the most part, coverage of the London property market tends to focus on the higher end of the market. When an exclusive, multi-million pound property is sold, it often becomes headline news. For this reason, it is easy to understand why there is a widespread belief that living in London is unaffordable, but in reality this is not the case. Plaistow, in the London Borough of Newham, is one excellent example of affordable London living, highlighting the fact that it is very possible for people to live in the capital. Continue reading

Nine Elms development spells great news for investors

Nine Elms is located on the South Bank, and includes parts of Wandsworth and Lambeth. It was once a picture of warehouses and wasteland, but is now one of the largest regeneration areas in Europe, with almost 20,000 units under construction from an investment of around £15 billion. Local council leaders have stated that once complete Nine Elms will have a distinctively London flavour that will draw an influx of investors and residents. Continue reading

Upwards extension proposals may give property owners new opportunities

In July 2015 the Treasury released its Productivity Plan to help boost housing supply in the UK. The document contained a number of proposed planning reforms, including giving the Government the power to draft local plans, looking at planning for brownfield sites and creating high density developments around key transport hubs. A lot of discussion has gone into these ideas and the benefits they could offer. Continue reading

The importance of protecting renter’s deposits

Despite the deposit protection scheme imposed by the Government, new research from the Centre for Economics and Business Research has revealed that approximately 284,000 residential landlords in the UK have not placed the deposits paid by their tenants into an official protection scheme. This is a legal requirement, and the report shows that landlords that have failed to protect renter’s deposits are sitting on £514 million that should be protected by an official third party service. Continue reading