Property
Renting 47% cheaper than mortgage repayments in London
New property statistics have revealed renting could be the new buying for Londoners. Last year the average flat in London sold for £556,146, with terraced properties going for £666,852 on average and semi-detached homes fetching £654,761. The surge in property values has resulted in hefty mortgage repayments, which are now 47 per cent more expensive than rent in the capital. The research also revealed that it takes first-time buyers eight years to save for a deposit, with those looking to...
Man to appear in court accused of tearing down row of new-build houses
Daniel Neagu, 31 is alleged to have driven into the cottages with a digger after claiming he was owed money for the building work
David Cameron buys SECOND pricey shepherd’s hut…for the £2m house he is renovating
The former PM has bought the luxury cabin on wheels for the garden of his Cornish bolthole
Artists have completed the biggest mural in the country in East London
Covering 1,400 square metres, the stunning artwork took six months, 250 litres of black paint, and 16 artists with 500 spray cans.
A Rare Opportunity For Homebuyers as UK Housing Prices Stagnate
It's no secret that the housing market in the UK has significant structural issues. Market forces and economic conditions have been such that home prices and demand have continued to surge for months on end, pricing many out of the market. In London, as in many other parts of the country, homelessness has been running rampant, even among those who are gainfully employed. All in all, it has been a rough few years for all but the wealthiest Britons, who...
Why right-sizing is an option in retirement
Many older people still live in a large family home that they simply don’t need any more. Their children have grown and gone, and they have either expanded their lifestyle to fill the space, or more commonly, they have shut the door to unused bedrooms, and now live in just part of the property. Yet they still have all of the heating bills, all of the council tax and all of the mortgage to pay for, as well as all...
Win a Fellowes productivity-boosting office makeover
The London Economic (TLE) and office product specialists Fellowes are teaming up to offer one lucky company the ultimate productivity-boosting prize… an ergonomic office equipment bundle. Is your office making you less productive? Equipment poor? Uncomfortable at your desk? All of the above? Well, you’re not alone. According to Fellowes’ Productivity in 2018 report, 60% of office workers believe their business has productivity issues with the average worker being un-productive for an hour and a half every day. Not only...
Pub where Hugh Grant famously ‘bugged a bugger’ has gone on the market for a bargain-basement £100,000
Journalist-turned-publican Paul McMullan caught in sting by actor at Dover hostelry exposing phone hacking
Most affordable places to rent in London revealed
Bexley in South East London is the most affordable place to rent in London, according to new data. Divided equally a four bed property costs £408.38 a month on average. This is 35 per cent cheaper than the average cost of renting a room in London, which was found to be £629 per month according to the Government’s April 2017 – March 2018 Private Rental Market Summary Statistics. Bexley station is situated in Travelcard zone 6 and is around 14 miles...