London Borough of Hammersmith and Fulham demands return of “undeliverable” estates

London Borough of Hammersmith and Fulham demands return of “undeliverable” estates

A property company has been ordered by Hammersmith and Fulham council to return two housing estates. Talks were broken off with developer Capco over the West Kensington and Gibbs Green estates. Stephen Cowan, who heads the council said that they should be returned to local authority control. The two sides...

Read more
Developers told to wake-up on ‘oligarch mansions’

Developers told to wake-up on ‘oligarch mansions’

Westminster City Council have turned away plans for 13 new ‘oligarch’ homes to be built in the borough under the grounds that the plans ‘did not make a good use of the space available’, as part of what the council has described as wider attack on wealthy ‘oligarchs’ using valuable...

Read more
A Shard’s worth of office space is lost each year

A Shard’s worth of office space is lost each year

Enough office space to fill the Shard is being lost from Westminster each year in what has been described as an “unprecedented decline,” as workspace gets converted to housing. Westminster City Council said that the trend could threaten the area’s status as a hub for international business as developers cash...

Read more
McMafia Mews home up for sale for £2.6 million

McMafia Mews home up for sale for £2.6 million

A home from BBC drama McMafia has been listed for sale for £2.6 million. Dubbed “McMafia Mews” the 1,158 square foot property is the home of Alex Goodman, played by James Norton who, according to The Daily Mail, is a bookies favourite to be the next James Bond. In the...

Read more

Londoners to get priority for new homes, mayor announces

Londoners will get “first dibs” on new homes London mayor Sadiq Khan has announced. This is part of a bid to stop property from being snapped up by foreign investors. Some builders and housing associations have offered to only sell homes worth up to £350,000 to Londoners for the first month...

Read more
House prices in East London set to rise ahead of new Crossrail

House prices in East London set to rise ahead of new Crossrail

Hackney is the borough with the fastest rising house prices with an annual growth of 8.9 per cent, adding an average amount of £10,000 to property worth. This is partly due to the area being in the path of the Elizabeth line for the new high-speed Crossrail, on top of...

Read more
Golden age of London property prices is over

Golden age of London property prices is over

The ‘golden age’ of London property prices has come to an end, with predictions for them to stay flat next year. Property consultants JLL forecasts “a return to the pre-1970 era of stability”, with no rise next year and then only a 1.5 per cent recovery in 2019 and 2...

Read more
Old Kent Road making moves on Monopoly board

Old Kent Road making moves on Monopoly board

The Old Kent Road is no longer Monopoly’s bargain buy, with skyrocketing land prices valuing it at hundreds of millions, according to research from online casino Casumo.com. Land prices on the Old Kent Road, which is the longest road on the board, used to be the least expensive but are...

Read more
Renovating bricks and mortar won’t make you poorer

Renovating bricks and mortar won’t make you poorer

We Brits are as obsessed with property as we’ve always been. While the Europeans are happy to rent their homes, we have a ferocious desire to own the bricks and mortar we dwell within. The opportunity to earn extra income from property restoration is on the increase and anyone that’s...

Read more
JLL research demonstrates an increase in transactions and stabilised prices at the lower end of the housing market

JLL research demonstrates an increase in transactions and stabilised prices at the lower end of the housing market

JLL’s Q2 Prime Central London research shows signs of stablisation in the sales market with an increase in transaction levels and prices holding firm at the lower end of the market.  Activity has picked up in the lettings market during Q2 but rental values declined by an average 1.3% as oversupply...

Read more