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Twenty cheap areas in London with impressive price growth

Sutton recently made it on to the list of the 20 cheapest post codes in the whole of London. The new league table was based on data from Countrywide, examined by Bairstow Eves. They looked at the most affordable 25% of post codes, examining price growth in the last year, two years, and five years to see which locations had seen the biggest rise in values but still remained affordable. Continue reading

The new masterplan for Canada Water

On Friday 5th May British Land revealed their revised masterplan for the Canada Water development in Southwark. The plans required some changes following feedback from residents and other important stakeholders. The 46 acre project is huge and the plan must be right before it secures planning permission. Continue reading

Working to make homes in Newham available for affordable rental

In previous articles we have talked about local councils in London setting up their own development companies to create new housing. Newham Council created their own housing company in March, taking their total to three. The latest one, which does not yet have a name, will focus on purchasing properties from various developments and making them available for affordable rent. The homes will be offered at 40%, 60%, or 80% of market rent to cater for residents on different incomes. Continue reading

£1 billion regeneration for Merton

At the end of April it was revealed that Clarion Housing Group, the largest of its type in the UK, would invest a huge £1 billion into the regeneration of the London Borough of Merton. The funds will pay for the development of the Eastfields, Ravensbury, and High Path estates, creating new homes and improving the areas. Continue reading

Hotspots close to regeneration

Investors targeting London are always looking for the best new hotspots because they offer the best potential for capital gains and high demand from prospective tenants. The areas in the capital with the best potential at the moment are those currently undergoing wide-scale regeneration and receiving new transport links. Continue reading

Delivering affordable home fast

Lambeth will become the newest home to Pocket housing this year, joining areas like Camden, Ealing, and Lewisham. The new one-bedroom flats will fit into spaces on the China Walk estate, including in a former garage and parking space. In total across the Borough there will be 126 of these new homes, all sold at less than market value. Continue reading