Category Archives: News

Finefair works hard to provide leading services. We regularly update our website with news for you to check out; take a look.

Helping investors lease properties through local housing authorities

The benefits of leasing your property through a local housing authority are numerous. To begin with, you can be sure your property is in the hands of professionals with plenty of market experience. Council leasing is the perfect way of ensuring maximum investment returns and the maintenance of your property without any of the daily responsibility. As a landlord or investor, you may wish to avoid the hands-on approach and simply take a back seat when it comes to managing your tenancies and properties. If you are considering leasing we can help you. Continue reading

Has the most expensive home in the UK been sold?

A mansion at 2-8a Rutland Park in Hyde Park is set to become the most expensive home in the UK after a bid of £280 million was submitted. The property in question has been on the market for three years following the death of its former owner, the Crown Prince of Saudi Arabia. It was originally listed in 2012 at £300 million but went unsold, becoming renowned as possibly the only home in the capital that was too costly to purchase. Continue reading

New developments in Southwark

Southwark is one of the most centrally located London Boroughs, but has been maligned for decades because it is on the south bank of the Thames rather than the north. Until very recently the Borough was considered working class, particularly Peckham and similar areas. With rising house prices in the capital and huge demand for houses, this attitude quickly changed. New developments came quickly, bringing a brand new lease of life to the location. Continue reading

The new London properties available for short term let

Changes to renting laws in London are opening up new opportunities for property owners. The biggest change now allows people to let properties on a short term basis, freeing them to share their homes for up to 90 days per year without having to even register that they are doing so. This is particularly good news at a time when services like AirBnB are growing in popularity and offering tourists an alternative to hotels, hostels and other accommodation. Continue reading

A patch of pavement shows Islington’s desirability for investors

For several years now, Islington has been a highly desirable area of London for residents, business owners and property investors alike. With its vibrant restaurants and cultural scene, interesting shops and markets, many community events and lively clubs and theatres, this largely residential borough has plenty to offer and is a popular location for property buyers who have the resources to make a purchase here. However, a new investment made last month has demonstrated just how highly sought-after this North London borough really is. Continue reading

A proposed new runway at Heathrow Airport

It has been in the news recently that the Airports Commission is calling for a third runway to be created at Heathrow Airport, in the London borough of Hillingdon. It is expected that the government will make a decision on the proposed expansion by the end of 2015. It is thought that this new runway would create up to 70,000 new jobs and bring an extra £147bn to the UK economy, but not everybody is happy about the proposal. Continue reading

Mayor’s new housing zones spell good news for investors

In response to the housing shortage, the Mayor of London has recently announced plans for a further four housing zones across the capital. This reflects the need to accelerate efforts to deliver the new housing that the ever-expanding city needs. The new zones in the borough of Redbridge, Enfield, Havering and Tower Hamlets will collectively provide the city with 12,000 new homes. This will raise the number of housing zones announced to 15 with a total of 49,105 homes created. 14,055 of those homes will fall into the affordable category. The Mayor’s £162 million contribution to the new zones is a result of the collaborative effort between local boroughs, the Government and the Greater London Authority. The aim is to accelerate the development of areas that would not normally benefit. Continue reading

More banks say yes to mortgage applications

According to the British Bankers Association, May saw the number of approved mortgages soar to its highest level since 2014. High street banks throughout the UK approved almost 73,000 mortgages, compared to a 20 month low of just over 60,000 in December. The size of approved loans for property purchase also rose to almost £170,000, in comparison to two years ago when a typical loan was approximately £159,000. The rise in successful mortgage applications is consistent with the trend we have seen since the beginning of 2015 and confirms the buoyancy of the property market. Continue reading

Profiting from the high level of property demand

The lack of available housing in London at the moment is a fact that pretty much everyone in the city, if not the country, is aware of. Although all of the London Borough authorities are working towards addressing the housing shortage, the private sector also holds potential as a way to ease the pressure. We are committed to helping property portfolio owners in London gain exceptional returns on their investments, whilst also assisting to address the housing shortage by handling council leasing in Ealing and throughout all other London boroughs. Continue reading

An innovative new building in the City of London

There are currently plans in place to construct a new skyscraper in the heart of the City of London, at 22 Bishopsgate. The financial borough is already home to some of the most impressive structures in the capital, including the famous 30 St Mary Axe (also known as the Gherkin), but this new skyscraper will be the tallest of them all. Continue reading