By Bea Patel, TLE Property Editor and Director of Shop for an Agent The 2016 London Mayoral election will take place tomorrow (5 May). With Boris Johnson choosing not to run, Labour candidate Sadiq Khan and Conservative representative Zac Goldsmith battle it out as the two front runners. So what could this mean for the average UK homeowner? Historic data reveals a Labour mayor would be better for aspiring London homeowners, as under Ken Livingstone, Labour saw an increase in...
The good news for anyone looking to purchase their dream home is that there is plenty of information out there to help you. The bad news? There is so much that it’s hard to know where to start. Blogs are the internet’s more informal way of spreading tips, hints, tricks and information. They can be an extremely helpful accompaniment to have open in a tab next to your property listings pages and the kind of factual ‘house price’ information that...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent Yesterday (Sunday 24 April 2016) was the 36th London Marathon. The 26.2-mile route had runners weaving through some of London’s famous landmark’s. Flatsharing website Weroom.com reveal the average cost of a room along the route, starting from Woolwich in the east to Westminster in the west of the Capital. With only ten miles between the start and finishing point, Woolwich offers the cheapest rent prices at £693...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent Her Majesty the Queen will be 90 years old today (21 April 2016). Since Queen Elizabeth II was born, in 1926, average UK house prices have risen from £619 to £291,504 (based on the latest month’s ONS figures). This implies a 47,021 per cent rise in average UK house prices. Between 1926 and the outbreak of World War II in 1939, figures by Jackson-Stops & Staff show...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent The recent reunion of TV show Friends, and the return of its diverse mix of characters shows the range of different professions and personalities that can live together in a modern day flatshare. New research from flatshare marketplace Weroom shines a spotlight on what makes the perfect flatshare. It reveals that 46 per cent of Londoners would like to live with people who work in different professional...
When it comes to selling your home you could be living in an area where properties are snapped up due to growing work opportunities or on the basis that the area is up and coming for new families. So, if lately you’ve been thinking ‘I want to sell my house’, check to see if you’re in one of the worst places to sell in the UK first, before you put up that for sale sign. Wallasey, in Merseyside, has been...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent The new three per cent stamp duty land tax (SDLT) levy on top of the current standard rate hit homebuyers on 1 April 2016. Announced in Chancellor George Osborne’s 2015 Autumn statement, it affects domestic and foreign buyers of second residential homes in the UK over £40,000. Caravans, mobile homes and houseboats are exempt and there is no charge on inherited properties. With limited supply, high rents...
By Bea Patel, TLE Property Editor and Director of Shop for an Agent A new living experience in Wembley Park has apartments with iconic views and rent inclusive of heating, electricity and superfast broadband, aiming to be 'The best way to live in London'. The hotel-inspired service is at the core of this development, which is located in upcoming Wembley Park, a new, vibrant destination and residential neighbourhood for London. London-focussed property developer Quintain has recently launched Tipi - a...
A horizontal skyscraper that submerges Central Park to make room for a multi-functional mega structure has won eVolo's 2016 Skyscraper Competition. The design was picked from 489 entries, which included skyscrapers that purify air, buildings conceived to create rain for the driest regions and skyscrapers that prevent cities sinking. Yitan Sun and Jianshi Wu's project New York Horizon proposes a continuous horizontal skyscraper around the full perimeter of a sunken Central Park. The project would create seven square miles (80...
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