GMB, one of the largest trade unions in the UK, recently revealed some shocking figures about the property market in London. Their study claims that over 59,000 homes in the capital are currently vacant. Of this number over a third of them (20,915) have been unoccupied for six months or longer. These are astonishing figures, particularly at a time when demand for homes is so high and targets for building new homes are being missed. Continue reading
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Addressing the City Of Westminster housing shortage
Our motto, ‘Real People – Real Homes’, is much more than a slogan. The meaning behind it is why we deliver the services we do, and we are committed to always upholding the values behind the phrase. It is with this in mind that we see with sadness the current housing situation in the London Borough of the City of Westminster. Continue reading
High profile purchases of investment properties in the City of London continue
The City of London has a unique property market because it is home to such a high concentration of valuable commercial buildings. There are a number of residential properties in the area but they don’t make the headlines as often as the purchase of an office building. As a result people have a different view towards investment properties in the area. Continue reading
The diversity of Camden is reflected in the housing and our services
Camden is considered to be one of the most vibrant Boroughs in the whole of London. It has a unique feel and is also in a fantastic location close to the very heart of the capital. There are numerous attractions in and around the area and great transport links to take advantage of. Continue reading
Could rising demand for rental properties result in reduced sales?
Every December there is a seasonal slowdown in properties being put up for sale in the UK. This occurs because people are focusing on Christmas and many of them decide to hold off on trying to sell until the New Year. Continue reading
New homes create new investment and property management demand
Last year Brent House, the former offices for the Town Hall, was sold for £76 million. The 1960s building on Wembley High Road was a prime site for redevelopment due to its fantastic location. The sale paved the way for the work to move forward and regeneration to occur. Continue reading
Changes to HMO rules may have an impact property investment in Bexley
HMOs (House in Multiple Occupation) are a very popular form of property investment. They allow landlords to split up homes into separate properties, seeing residents share various facilities such as a kitchen, hallways and stairs. In this way the owner can make a higher income than they would renting the property as a whole. Tenants also benefit from lower bills. Continue reading
Understanding the rental market in Barnet and guaranteed rent
There are many interesting statistics and facts about the wonderful London Borough of Barnet. One which always seems to shine is the high proportion of owner occupied properties there are in the area. Some 67% of households fall into this category – a ratio which makes it one of the highest in the UK entire as well as just in respect of London. Continue reading
Barking and Dagenham could remain a popular investment area in 2017
The start of the New Year is a time for property investors to reacquaint themselves with the market and decide which areas to target in the coming year. It is important to do this to ensure they don’t miss out on any opportunities. Continue reading
Landlords need to understand their obligations and the rights of tenants
Landlords have a lot of obligations to satisfy when it comes to their tenants. They must ensure that the property is safe to inhabit, kept in an acceptable condition, and satisfy the terms of the tenancy agreement. They must also comply with the rules set out in the Protection from Eviction Act 1977. This gives tenants additional protection and breaching the rules can result in big problems for the property owner. Continue reading
