Property
How Will The New Cross Rail Station Impact On London Property Prices?
If you have not yet heard about the new cross rail project in the UK, you have missed out on one of the most innovative and talked about building projects for generations. It will essentially provide fast and accessible transportation links between London and the surrounding regions in the South West and South East. The project has been inspired by a rise in the number of people who desire to work in the capital while living in surrounding, nearby regions...
Could your house pay for your commute in just seven days?
By Bea Patel, TLE Property Editor and Director of Shop for an Agent With rising rail fare prices hitting commuters across the UK in 2016, could your house pay for your commute? Website data analysed by Zoopla from 2015 compared average annual house price increases in some of the UK's most popular commuter towns over the previous 12 months, to the cost of an annual train ticket. Results revealed how long it can take houses to increase in value enough...
Which emerging real estate markets should you be watching this year?
By Bea Patel, TLE Property Editor and Director of Shop for an Agent 2015 was an interesting year for real estate in the emerging markets. While there were a number of challenges because of fluctuating oil prices, currency stability and changing investment laws, the New Year may bring new prospects. But what will the next 12 months hold for developing countries and their real estate markets? Global real estate platform Lamudi reveals the real estate markets to watch this year....
Growing demand for luxury city centre living in Liverpool
By Bea Patel, TLE Property Editor and Director of Shop for an Agent Liverpool's overall city centre population rose by 160 per cent between 2001 and 2011. Its younger residents - aged 22-29 -more than quadrupled in number. It has a growing reputation as the start-up capital for the North, based on the entrepreneurial spirit of the city’s community. Santander also opened its first business incubator there in 2014. Liverpool is also home to the SparkUp accelerator programme and Launch22...
London property prices leap into 2016
By Bea Patel, TLE Property Editor and Director of Shop for an Agent There was much talk over the imbalance of supply and demand in 2015. But has much changed as we enter 2016? According to search engine Home, supply of homes on the market has fallen to a new record low despite a small rise. With only 386,000 properties on the market in England and Wales, it's 47 per cent fewer than in 2008. A lack of properties on...
Record year for family-financed property predicted in 2016
By Bea Patel, TLE Property Editor and Director of Shop for an Agent Rising demand and higher property prices make it increasingly difficult for buyers to stand on their own two feet. Indications point to a worsening picture during the next 12 months, despite recent government moves to help first-time buyers, as outlined in the recent Comprehensive Spending Review. JMW Solicitors, a Manchester law firm predict that in 2016, we’ll see a record number of family-funded house moves, as property...
Terry’s Chocolate Works to Re-Open as ‘The Residence’
By Bea Patel, TLE Property Editor and Director of Shop for an Agent The landmark factory building at the Terry's Chocolate Works site in York will re-open next year as ‘The Residence’. Apartments will range from one bedroom to stunning luxury duplex penthouses surrounded in a historic setting. Developers converting the Grade II listed building into unique apartments revealed the new name - The Residence - at an exclusive event organised by Carter Jonas, the appointed agents on the scheme...
The ‘changing face’ of renting in London
By Bea Patel, TLE Property Editor and Director of Shop for an Agent The ‘once upon a time’ dream of growing up, buying a home and then raising a family seems a tradition of the past. Increasing research shows how modern lifetime milestone experiences and expectations are dramatically different to those of a generation ago. The ‘changing face’ of lifetime milestones in the UK and the growing number of Londoners who are celebrating key events in their lifetimes in rental...
Are emerging markets obsessed with Skyscrapers?
By Bea Patel, TLE Property Editor and Director of Shop for an Agent In the past 15 years, London has seen the rise of 23 new skyscrapers (buildings over 350 feet high). New York saw the construction of four towers in 2014 alone, including its iconic One World Trade Center. Impressive as it sounds, in comparison, Shanghai built over 90 skyscrapers and Dubai built 190. What’s interesting is the enthusiasm for building skyscrapers - for city status, increasing residential properties...