Will the new ultra-low emission zone affect your house price? October 21, 2021 The signs are up, the maps have been published – it’s ULEZ time. On Monday, the expanded ultra-low emission zone kicks in, casting a warm glow of low emissions not just over Westminster, but every surrounding neighbourhood within the often-smelly, usually-congested north circular. According to one logistics company, this long-planned expansion may mean that getting [...]
Demand for e-commerce space to drive rental growth in London boroughs October 21, 2021 Dark kitchens and grocers could create 12m square foot of last mile logistics space requirements by 2025. Knight Frank has found that there will be an increasing need for spaces for same-day delivery firms, like Amazon, as well as ghost kitchens. A demand for urban logistics units has sharply driven down vacancy rates in urban [...]
House sales surged by more than two-thirds in September October 21, 2021 There were 160,950 residential transactions last month, considerably higher than last year, but the market is expected to slow following the stamp duty holiday stimulus. The provisional seasonally adjusted estimate of UK home transactions in September was up 68.4 per cent on September 2020, according to HMRC figures. There was a 67.5 per cent leap [...]
Global deal making frenzy lifts Barclays profits to record high October 21, 2021 Barlcays has ridden the wave of a booming global deal making frenzy to post its strongest ever third quarter results. The UK banking behemoth registered a pre-tax profit of £6.9bn in the year to the end of September, its best take ever. The standout performance was driven by Barclays’ investment banking division posting its best [...]
Online estate agencies face class action from former self employed workers October 20, 2021 Former self-employed workers are to launch class action against online estate agencies such as Purplebricks and Yopa. Contractors For Justice (C4J) has said it will commence proceedings on behalf of thousands of formerly self-employed local property experts, local agents and territory owners. Workers have been disadvantaged by companies choosing to hire self-employed workers but directing [...]
Segro hits £26m new headline rent in post-lockdown demand for space October 20, 2021 Warehouse developer Segro has reported £26m new headline rent signed during the last quarter. The total new headline rent for the nine months to September 30 2021 hit £64m, an increase on the £50m sum from the same period last year. In a trading update for July 1 to October 19, David Sleath, chief executive, [...]
Energy efficiency requirements may slow housing market October 19, 2021 The housing market may be stalled by government plans to require buyers to improve their new homes’ emergency efficiency under their mortgage terms. Property Mark, the trade body that represents letting agents, said the requirements – which have yet to be set out in detail – could initially deter people from moving homes. Mortgage lenders [...]
Elegant window shades with an innovative edge October 19, 2021 | Sponsored Luxaflex’s Pirouette Shades are a simple but highly effective way of giving your interiors a boost. They’re made from soft fabric vanes attached to a sheer backing, which gives complete control over light entering the home. Available with airy sheers or room-darkening fabrics, sophisticated silk effects or luxurious linen, and with a choice of timeless [...]
Renovate with bespoke interior design October 19, 2021 | Sponsored The designers at Mida Interiors believe a house is only a home when it conveys the personality of the occupants. Even if the goal of a design is simplicity and modernity, Mida Interiors will encourage you to step outside your comfort zone and make your room a little more interesting. An interior design concept is [...]
Discreet sound system for your home October 19, 2021 | Sponsored High-quality, in-home entertainment has become more important of late as we all spend more time at home, watching films, listening to music and playing games. Monitor Audio believes that amazing audio is for everyone, so the company is on a mission to help you create the perfect set-up. Whether it’s dynamic film sound for a [...]