Most affordable London commuter towns: How a one hour commute can save buyers £500,000 on London house prices October 30, 2017 Living an hour outside London could slash half a million pounds off house prices compared with buying a home in zones one and two of the capital, according to new research. Commuter towns such as Crawley, Windsor, Rochester and Peterborough have an average house prices of £316,000, a survey by Lloyds Bank has found. That [...]
What will an interest rate hike mean for house prices? October 17, 2017 Inflation hit three per cent in September, adding fuel to the fire for commentators calling for a rate hike. There has been talk of a rate rise for years now, although it hasn’t moved above 0.5 per cent since March 2009. The Bank of England hasn’t increased the rate since December 2007, when it began [...]
This London Tube map shows how much house prices have changed in the capital over the past 10 years October 13, 2017 You might have seen the Tube map for scooters. You may already be poring over the festive Underground map in anticipation of Christmas(even though Halloween hasn't happened yet). But have you seen a London Tube map showing just how much property prices in the capital have changed over the past decade? Well, feast your eyes [...]
The 19 UK towns most at risk of a house price bubble: Cleveland, Blackburn and Blackpool come top October 12, 2017 UK house prices may still be rising, but with the Bank of England on the brink of hiking interest rates, the market may be about to change trajectory. Now, by comparing lending levels with house price rises, new research has listed the UK towns and cities most at risk if lending conditions change. Mortgage broker [...]
Here’s how much it’ll cost you to buy a single square foot in London October 6, 2017 The average London home now costs just under £500 per sq ft, according to new data – a rise of more than 50 per cent in five years. The figures by Zoopla suggest the average London home now sets buyers back £496 per sq ft, up from £321 in 2012. Newham, which includes Stratford, was [...]
How to solve the housing crisis in five years October 4, 2017 The UK housing market is failing millions of people. It produces far too few homes, and then offers them at unaffordable rents and prices. Yet we could cure this national housing crisis in just five years, using high-technology modular construction, reimagined council housing and patient institutional capital. In Japan, the modular future has already arrived. [...]
Interiors: How to commission a tapestry and why they’re making a surprising comeback in British homes October 4, 2017 The lengths some people will go to for a wedding. In 2013 Prince Albert II of Monaco paraded his bride along a red carpet 103 metres long and weighing a mighty 1.3 tons. And it wasn’t just any old red carpet – it was a hand-tufted commission from the artist Jan Kath, whose work is [...]
£1bn Northern Line extension under threat as TfL fails to reach a deal with Battersea developers September 28, 2017 A critical part of Transport for London's (TfL) £1bn extension to the Northern Line may remain mothballed until it can resolve a dispute over financing with Battersea Power Station's developers, one of its chiefs said today. Stuart Harvey, TfL's major projects director, told the London Assembly's budget and performance committee that keeping Battersea Station closed [...]
A life off-grid with no energy bills is closer than you think. Here’s what the future has in store for sustainable homes September 26, 2017 "Right," says eco-developer Sam Budhdeo, rubbing his hands together. “We think we have the solution to climate change.” As openers go, it’s a bold one, but not quite as outlandish as it sounds. The housebuilder who successfully cracks the code to building sustainably – and affordably – would be solving a large part of the [...]
The Shard skyscraper has won a new letting as Mitie moves offices September 12, 2017 The Shard, one of London's most iconic skyscrapers, today confirmed office lettings totaling 39,967 square feet. Outsourcing services firm Mitie Group will become the 31st business to move into the 310-metre-high Shard in the first quarter of 2018. The company has agreed a 15-year lease to take the entirety of level 12, which is 29,824 [...]
