Property
Why property guardians are good for communities
Bristol Council recently became the first local authority in the country to ban property guardianship, and have started phasing out the scheme in the city. As a result of this decision, around 150 residents run the risk of being left homeless, after relying on property guardianship schemes for housing. If they are unable to find accommodation as tenants in the private rental sector, they will have to apply to the council for housing. However, the nearby North Somerset council recently...
A disgruntled homeowner has put his bathroom forward to be crowned Britain’s WORST
The bathroom owned by John Furniss-Wright, 59, has no floor, a collapsed wall, water damage and a pink suite which has been out of fashion for decades. John is currently renovating the property and has turned to the quirky competition to fund the work. John said: "When we moved into our flat recently it had leaks everywhere. A disgruntled homeowner has put his bathroom forward to be crowned Britain's WORST. "Water had been flowing into the wall continuously for six...
London’s commuter belt pushes further east as young people face “affordability crisis”
Young people in London are facing a growing affordability crisis, new research has shown, with the commuter belt expanding to the east. Findings from the study show many Londoners are moving further afield to reduce their rent burden, possibly while they save for a house of their own. Less affordable areas in London’s commuter belt, those with higher average rents and particularly those in the South East, have seen less demand and therefore slower rental growth. Conversely eight out of ten counties...
Is there a future for property guardianship?
A recent court case in Bristol saw a group of property guardians granted legal recognition as tenants for the first time, thus phasing out property guardianship in the city. Bristol’s property guardians have been told they will need to leave their accommodation “as and when the buildings are needed” by the council, but this is expected to take at least twelve months to come into effect. Property guardianship is and has been a source of controversy ever since it came...
Henry VIII’s old estate on market for £2.25 million
A stunning Grade II listed home built on the site of one of King Henry VIII’s old properties has been put on the market for £2.25 million. The Manor House is an exquisite seven bedroom home boasting grand period features and a beautifully manicured garden. It was built in the early 17th century after the previous house on the site, which had been owned by infamous royal, was destroyed by fire. A stunning Grade II listed home built on the...
Renting in London: Have we reached the point of saturation?
For the 12 months that I lived in my last studio apartment in south west London it was the butt of all property jokes among my friends in the north. For the price of a two-bed semi detached house in Leeds I was living in a bedroom with an aeroplane bathroom and camping stove kitchen. The foot of my bed imposed heavily on the sparse living room I had and my only armchair doubled up as the dining room and...
£90,000 pw – UK’s most expensive rental property
A luxury five-bedroom penthouse flat on London’s Park Lane is the most expensive rental property in the UK. It’s within the iconic Sir Edward Lutyens building, instantly recognisable by their water towers marking each corner of Park Lane. The penthouse, accessed from its own private lift has five double bedrooms all with marble en-suite bathrooms. It has four reception rooms, a Poggenpohl kitchen, dining room, cinema room and a study with a baby grand piano. Dining room If that’s not...
Modern Timeshare : The Savvy Traveller’s Key To Luxury London
Discover London Timeshare Ownership: Luxury at its Finest The term "timeshare" has gotten a bad reputation over the years. Often times people purchase these properties that they don't really want at prices they can't afford after being pressured during a stressful sales pitch. The resale market has helped to shed a positive light on vacation ownership as a financially savvy way of owning a holiday home. While timeshares are known for being overpriced, the resale market debunks that myth. Without...
The Government banning lettings fees is not enough to solve the renting crisis
You don’t need me to tell you that last month’s Queen’s Speech was so light on content it’s almost as if the Conservatives are admitting they don’t expect this parliament to last for longer than it takes Theresa May to apply for a new job (wheat farmer, maybe?). One of the few actual specific policies that the Queen was forced to read out by the Commons (what kind of monarchy is this?) was the abolition of lettings fees. Rather than...