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
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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
A new school for Twickenham, Richmond Upon Thames
Investment properties in Richmond Upon Thames remain popular because there are so many things to attract buyers and renters to the area. The setting is fantastic, with so much space and greenery to enjoy as well as good transport links to Central London. In addition the area is home to a number of good schools. Continue reading
February saw property low sales in three popular Boroughs
Land Registry Data for February 2017 show that the volume of property transactions in 3 popular London Boroughs was surprisingly low. This is an indication that owners are happier to hold on to properties and either lease them out or leave them empty as they wait for prices to rise. 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
Kingston attracts many different groups
Kingston Upon Thames is a wonderful Borough. The town of the same name is one of the most popular destinations, offering a combination of fantastic history, retail, and leisure options, and great schools. This makes it attractive to a huge array of different buyers and renters. Continue reading
Flats are outstripping the price of other homes in many parts of England
Over the last year the price of a flat or maisonette has risen more than any other type of home according to data from Land Registry. While the value of a detached home rose by an average of 5.6% in that time the price of a flat is up by 7.2%. Semi-detached and terraced homes both grew by less than 5.6%. Continue reading