Focus On Earl’s Court: Around 7,500 new homes and a brand new high street coming to west London by 2033 October 7, 2016 Best known for its (closed) Exhibition Centre, Earl’s Court is not the sort of place you’d expect to attract million-pound investment. But it’s currently undergoing its biggest upheaval in over a century and this west London outpost is set to be a very different place in a couple of decades. The last huge change in [...]
Opinion: the Chancellor’s housing plans need to cater to everyone’s needs, including downsizers October 7, 2016 Earlier this week, the government announced two major housing initiatives; a £3bn Home Building Fund to help smaller developers enter the market, and a £2bn Accelerated Construction Programme, which aims to get houses built quickly on public land. There was no mention of extending Help to Buy mortgage guarantees (due to end soon) or of [...]
CEO of Johns & Co has just launched a custom furnishing business for busy – and overseas – landlords October 7, 2016 In this bustling metropolis of ours, some of us are landlords, some of us are renters and some of us are both. It’s complicated. Now both can benefit from an innovative new scheme that allows tenants to have input in how their flat looks, and lets landlords divorce themselves from the aesthetic side of things [...]
New homes on sale in London: from riverside homes in Woolwich to an old furniture factory in Hackney October 7, 2016 Royal Arsenal Riverside, Woolwich From £422,500 The first homes with a view of the river are on sale at Berkeley Homes’ new scheme. The 20-storey building also overlook a new four-acre Waterside Park that connects Woolwich Town centre to the river path. In total, there are 266 studio to three bedroom flats on sale at [...]
House prices edged up in September as the market recovered from the initial Brexit hit October 7, 2016 House prices fell 0.1 per cent in the three months to September as compared to the previous quarter, according to Halifax – but they edged up month-on-month. There was a 0.1 per cent increase in property values between August and September, following two months of house prices falling. Year on year growth hit 5.8 per cent. Read more: [...]
Mare Street Studios in Hackney is about to be turned into a hipster paradise October 7, 2016 Workspace has been given the go-ahead to refurbish the Mare Street Studios in Hackney, promising to create a hipster paradise in the City Fringe. The 55,000 sq ft of office space will come with a co-working space, cycle storage, communal breakout areas, showers, meeting rooms and a cafe. Read more: The government's IT crowd is moving into [...]
Stirling prize: Damien Hirst’s street-length art gallery is the winner of this year’s prestigious architecture award October 6, 2016 The winner of this year's coveted Stirling Prize has been unveiled – and it's fitting that the coveted architectural award should, this year, go to an art gallery. Yep, this year the Royal Institute of British Architects' (Riba) prestigious award has gone to Vauxhall's Newport Street Gallery, built to house Damien Hirst's private art collection, which opened at the end of [...]
House prices in Chelsea have fallen by 10 per cent this year October 6, 2016 House prices in Chelsea have fallen by 9.8 per cent annually, according to Knight Frank. Overall, prices for high-end homes in central London fell by 2.6 per cent in September, the estate agents said. Read more: House prices under threat in Tower Hamlets due to rapid building and Brexit There were marked regional differences in prices [...]
Seven UK cities it’s cheaper to fly from than pay a mortgage in London October 6, 2016 We all know London's an expensive place to live – but this is just ridiculous. A study by online estate agent Emoov seen exclusively by Morning Wire has found it would be cheaper to buy a house in seven of the UK's largest cities, fly down and stay in a budget hotel for a week, then fly back [...]
Canada Corporation moves towards closing Bank junction to traffic by Spring 2017 October 5, 2016 Bank junction is set to be closed to all traffic apart from buses from Spring 2017. As part of Canada Corporation's project "Bank on Safety", the six arms of the busy junction will be closed to traffic between 7am and 7pm on weekdays. The plan is to be put to the local planning and transport [...]