London’s prime-resi property market has accelerated notably in recent years, particularly in highly desirable areas like Mayfair. Listings in this sought-after part of central London are up 67 per cent compared to 2014, and up 25 per cent compared with last year. One of the area’s most prestigious and longstanding estate agents, Wetherell, notes in a recent report that there is currently £750 million worth of residential property listed for sale, an impressive figure when looking at the impact of...
In the weeks leading up to the June 23 Brexit referendum, the Bank of England warned that a vote to leave the European Union could result in a recession, raising fears that housing prices could plummet. Yet in the months following the controversial vote, inflation rates have stabilised and housing prices have slowly risen. Between May and August, housing prices increased by a total of 0.87%, with growth rates of approximately 0.15% each month. And as described below, a 0.063%...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent The Beacon, due to complete in 2018 has launched as the world’s most sustainable residential tower. It will save residents up to £11,000 a year in living expenses. Located 24 minutes from London Euston, bordered by over 400 acres of protected Boxmoor Trust Green Belt land at the heart of Hemel Hempstead’s regeneration district, the 17-storey tower will generate sufficient heat and power from on-site renewable energy...
Many people want to own their own home, but despite this desire, selling a property can be a long and stressful slog, even in London where the market has started to slow. The best way to sell a home is obviously to sell it quickly - to do that you need to make your property as attractive as possible to potential buyers. Fortunately, there are a few tips and tricks of the trade that will convince your viewers to make those...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent According to the Aldermore First-Time Buyer Index, getting on the property ladder is ‘extremely difficult’, said nearly four in ten first-time buyers. The two biggest obstacles were raising a large deposit and increasing house prices. We compare the original monopoly board, just over 80 years old with the new 2016 board created by Barratt London, which features the 22 cheapest boroughs in the capital for first-time buyers....
Every weather forecast on the BBC this month has sent chills down the spine of landlords and home owners across the UK as ‘grim up North’ weather parades itself around the country like a Gallagher caricature. Let’s hope that 2016 doesn’t have too many visitors from ghosts of Christmas past and the floods that battered large swathes of England are in semi-retirement now. It is a safe bet though that the rain will pour and the snow will fall, so...
An innovative scheme which hides scaffolding behind flowers and strawberries has found its first project to shield. St Mark’s Church in Mayfair is currently undergoing a £5 million makeover, and to conceal the project and improve the environment Grosvenor has teamed up with building company Arup to unveil an innovative ‘living wall’ which could reduce air pollution by 20 per cent. Seeds were planted late in June and the 80 square metre front has now flourished into a wall garden made...
A new project can be exciting but it can also be incredibly daunting. There are so many things to consider, plan and prepare for before it can even begin to take shape. Whether you are plotting your own ‘grand design’ new-build, undertaking a renovation job or even just a looking to complete a comprehensive assessment of your land, there are several important things to organise and coordinate well in advance. One of the most important, if not the most important,...
Millions of households across the country could be literally giving burglars a helping hand, according to a new report. Over the last 12 months, more than a half a million British homes have been broken into, with each theft netting thieves an average haul worth £2,267. But despite these shocking figures only a third of people have a burglar alarm or security windows, less than one in five rely on light timers and one in ten has external security cameras....
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