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News related to london

City of London becoming a hub for luxury new homes, research suggests
2014-09-02 11:38:05 [Europe]
High end residential development and values in the City of London are booming and catching up with the West End but Docklands is lagging behind, according to a new analysis.Read full article: [City of London becoming a hub for luxury new homes, research suggests]
 
Changing households in London see housing values grow in east of city
2014-09-01 08:31:12 [Europe]
The total value of residential property in eastern boroughs of central London has grown faster than any other area of the capital, according to new research.Read full article: [Changing households in London see housing values grow in east of city]
 
First time buyers in Greater London borrow 27% quarter on quarter
2014-08-27 13:52:19 [Europe]
First time buyers in Greater London borrowed 27% more in the second quarter of this year than they did a year ago, according to the latest figures from the Council of Mortgage Lenders.Read full article: [First time buyers in Greater London borrow 27% quarter on quarter]
 
Londoners will pay an extra £42,000 to live near a tube or rail station
2014-08-22 08:15:46 [Europe]
London home buyers are willing to pay a substantial premium to live near a tube or train station with homes within 500 meters commanding some £42,000 more compared to one 1,500 meters away.Read full article: [Londoners will pay an extra £42,000 to live near a tube or rail station]
 
Opponents hit out at plans to drop short letting planning permission in central London
2014-08-21 08:08:37 [Europe]
Government plans to drop planning permission currently required for residential short lets is raising concern among politicans, property professionals and residents in a central London borough.Read full article: [Opponents hit out at plans to drop short letting planning permission in central London]
 
Supply and demand creating rent fluctuations in prime London market
2014-08-19 09:41:29 [Europe]
A shift in supply and demand in the London prime property rental market is resulting in marked variations depending on location.Read full article: [Supply and demand creating rent fluctuations in prime London market]
 
Forthcoming UK election already affecting central London prime property as sales fall
2014-08-08 16:17:12 [Europe]
There are signs of uncertainty in central London’s prime property market but the outlook for residential prices is still good.Read full article: [Forthcoming UK election already affecting central London prime property as sales fall]
 
Strengthening economy and jobs market boost prime lettings in London
2014-08-06 15:24:43 [Europe]
A strengthening UK economy and more buoyant employment market has translated to a pick up in the prime lettings market in London in the first half of 2014.Read full article: [Strengthening economy and jobs market boost prime lettings in London]
 
Another half billion pounds allocated for new affordable homes in London
2014-08-05 11:47:34 [Europe]
Almost half a billion pounds is being allocated to build thousands of new affordable homes in London, mayor Boris Johnson has announced.Read full article: [Another half billion pounds allocated for new affordable homes in London]
 
Strengthening economy and jobs market boost prime lettings in London
2014-08-04 11:34:49 [Europe]
A strengthening UK economy and more buoyant employment market has translated to a pick up in the prime lettings market in London in the first half of 2014.Read full article: [Strengthening economy and jobs market boost prime lettings in London]
 
Top end property in London now more of a buyer’s market
2014-08-04 07:58:14 [Europe]
The demand for London property has meant that it has been deemed a sellers’ market in recent years, however, this is changing for property priced £2 million and above, a new analysis suggests.Read full article: [Top end property in London now more of a buyer’s market]
 
Olympic Games have boosted property prices in East London
2014-08-01 09:51:53 [Europe]
The 2012 Olympic Games seem to have boosted property in the East of London with new data showing that Olympic Park house prices have grown by over 60%, or £1,200 every month since July 2005 when the Games were awarded.Read full article: [Olympic Games have boosted property prices in East London]
 
Average prime London rents back to peak levels
2014-07-31 12:58:43 [Europe]
Average rents in the prime London market are back to peak levels but growth in the city is not uniform with levels in the east leading the growth, according to new researchRead full article: [Average prime London rents back to peak levels]
 
London’s gherkin on the market for £650 million
2014-07-30 14:32:01 [Europe]
One of London’s most iconic buildings, The Gherkin, in the heart of the city’s financial district has been put up for sale.Read full article: [London’s gherkin on the market for £650 million]
 
UK property market is buoyant but London market is slowing
2014-07-30 11:41:23 [Europe]
The UK, excluding London, has seen new buyer registrations rise 21% annually, while new property instructions are up by just 2%, according to new research.Read full article: [UK property market is buoyant but London market is slowing]
 
London to get the UK’s first floating village
2014-07-30 08:43:19 [Europe]
Plans to build Britain's first floating village at London's Royal Docks has moved a step closer after the Mayor of London Johnson, revealed that Carillion Igloo Genesis had won the competition to design and build it.
Read full article: [London to get the UK’s first floating village]
 
Property price growth in prime central London slows to 2.5%
2014-07-29 09:11:05 [Europe]
Property prices growth in the prime central London market slowed to just 2.5% in the first six months of this year and values now appear to have now plateaued having risen by just 0.4% in the second quarter of the year.Read full article: [Property price growth in prime central London slows to 2.5%]
 
Prime central London market sees sales fall 45% since last year
2014-07-16 08:38:27 [Europe]
House sales transaction levels in central London’s prime property market are down 45% compared to June 2013, according to a new report.Read full article: [Prime central London market sees sales fall 45% since last year]
 
Further signs that prime property market in London is slowing
2014-07-08 17:36:52 [Europe]
There are further signs that the central London prime property market is slowing with the latest report from agents showing viewings and registrations falling.Read full article: [Further signs that prime property market in London is slowing]
 
Number of overseas investment buyers in London overestimated, new research suggests
2014-07-03 16:33:21 [Europe]
Overseas investors buying property in London to let out rather than live in only account for an estimated 7% of all greater London residential transactions, new research shows.Read full article: [Number of overseas investment buyers in London overestimated, new research suggests]
 
London Mayor launches new planning guidance
2014-07-02 15:36:12 [Europe]
The Mayor of London, Boris Johnson, has published detailed planning guidance to ensure that future developments enhance the rich character of the city.Read full article: [London Mayor launches new planning guidance]
 
Rental growth in prime markets of Nairobi and Dubai outpacing London and HK
2014-07-02 12:43:03 [Global News]
Prime residential rental growth in emerging markets such as Nairobi and Dubai continues to outpace that of the traditional financial centres of London and Hong Kong.Read full article: [Rental growth in prime markets of Nairobi and Dubai outpacing London and HK]
 
Demand strong for prime property in key London areas, but must be priced to sell
2014-07-01 14:10:33 [Europe]
Despite mixed messages on the health of the housing market in London, demand for property in key locations in Notting Hill, Holland Park and Kensington remains strong. Read full article: [Demand strong for prime property in key London areas, but must be priced to sell]
 
Kensington and Chelsea most expensive location in the UK
2014-06-30 08:31:00 [Europe]
Areas in London and the South East are continuing to dominate the UK’s list of most expensive places for property on a per square metre basis, new research shows.
Read full article: [Kensington and Chelsea most expensive location in the UK]
 
Prime London property prices slow to 1.1% growth in second quarter of 2014
2014-06-26 15:49:55 [Europe]
Prime London property values rose by an average of just 1.1% in the second quarter of 2014, bringing year to date growth down to 4.9%, according to the latest index.Read full article: [Prime London property prices slow to 1.1% growth in second quarter of 2014]
 
New research shows how London property prices have soared
2014-06-24 07:53:30 [Europe]
New research highlights the disproportionate growth in the London housing market when compared to the rest of the UK since the last general election in May 2010.Read full article: [New research shows how London property prices have soared]
 
Property supply in London down 9.5% in May, latest index shows
2014-06-20 13:23:24 [Europe]
A surge in supply and fall in the number of new buyers in the London property market is putting the brakes on the city’s residential real estate growth.Read full article: [Property supply in London down 9.5% in May, latest index shows]
 
New powers for Mayor of London to drive through 50,000 new homes
2014-06-18 09:35:44 [Europe]
With the need for housing particularly acute in and around London, ministers have outlined plans to give the Mayor greater powers to deliver new homes.Read full article: [New powers for Mayor of London to drive through 50,000 new homes]
 
Prime property lettings market in London sees growth in first quarter of 2014
2014-06-17 12:07:59 [Europe]
London's prime residential lettings market witnessed an increase in activity in the first quarter of the year with agreed lets 6.2% higher and newly registered applicants up by 7.7% compared to the same period in 2013.Read full article: [Prime property lettings market in London sees growth in first quarter of 2014]
 
UK govt to fast track brown field site planning for new homes
2014-06-16 14:30:30 [Europe]
Thousands of new homes will be built on unused and previously developed land in the UK under radical new plans to make it easier to use brownfield sites.Read full article: [UK govt to fast track brown field site planning for new homes]
 
IMLA warns against sudden interest rate hike as UK mortgage market slows
2014-06-16 08:21:26 [Europe]
The UK is experiencing a mismatch in housing and mortgage activity and the Bank of England should be cautious about raising interest rates, it is claimed.Read full article: [IMLA warns against sudden interest rate hike as UK mortgage market slows]
 
UK property industry hits out at call for mortgages to be restricted
2014-06-12 11:12:58 [Europe]
UK Business Secretary Vince Cable has stepped in the housing price debate by calling for action to be taken to stop a property boom which he claims is getting out of control in parts of the UK.
Read full article: [UK property industry hits out at call for mortgages to be restricted]
 
More British buyers entering the London prime property market, research suggests
2014-06-11 08:49:21 [Europe]
Fewer rich foreign buyers are seeking to invest in safe haven properties in London with the latest analysis showing a rise in British buyers for prime real estate in the centre of the city.
Read full article: [More British buyers entering the London prime property market, research suggests]
 
Corporate rental market changing to suit expat work patterns
2014-06-09 20:18:55 [Global News]
As companies look to expand their global operations into emerging markets and strengthen their foothold in existing locations, the corporate rental market is changing, especially in major cities.Read full article: [Corporate rental market changing to suit expat work patterns]
 
40 year old law to change to allow London home owners to let short term
2014-06-09 16:52:31 [Europe]
New measures are to be introduced that will end outdated rules from the 1970s preventing London residents from renting out their own homes on a short term basis to visitors.Read full article: [40 year old law to change to allow London home owners to let short term]
 
Lack of new homes being built in London becoming critical says new report
2014-06-06 15:43:17 [Europe]
The housing shortage in London is reaching critical levels as house building fails to keep pace with population growth and wages lag behind housing costs, according to a new report.Read full article: [Lack of new homes being built in London becoming critical says new report]
 
Prime property market in London has plateaued as prices stabilise, it is claimed
2014-06-04 08:06:33 [Europe]
The prime property sector in London has reached the top of the market with prices stabilising and the number of registered buyers falling, according to the latest report from agents Marsh & Parsons.Read full article: [Prime property market in London has plateaued as prices stabilise, it is claimed]
 
London’s first ever private rental standard scheme launched
2014-06-02 12:57:32 [Europe]
The Mayor of London has launched the first ever rental standard, a city wide badge of accreditation, to help millions of Londoners rent with confidence, and to give the city's 300,000 landlords peace of mind.Read full article: [London’s first ever private rental standard scheme launched]
 
Prime central London property market heading for 0% growth next year
2014-05-30 08:17:44 [Europe]
The supply of property is growing faster than demand in prime central London and recent strong growth means buyers have become more cautious and sensitive to high prices.Read full article: [Prime central London property market heading for 0% growth next year]
 
More London buyers moving out of the capital city, research suggests
2014-05-29 12:00:25 [Europe]
This year has seen buyers moving from London to a commuter location as they take advantage of the property value gap, according to a new analysis.Read full article: [More London buyers moving out of the capital city, research suggests]
 
Mortgage lending down in Greater London in first quarter of 2014
2014-05-28 12:44:32 [Europe]
Mortgage lending in Greater London showed an expected seasonal dip in the first quarter of 2014 but compared to the same time last year there has been significant growth in all borrower types, according to the latest data from the Council of Mortgage Lenders.Read full article: [Mortgage lending down in Greater London in first quarter of 2014]
 
Rental landscape in London changing as more landlords seek capital growth
2014-05-27 15:35:18 [Europe]
The residential rental landscape in London is changing fast with buy to let investors no longer necessarily chasing high yields but also looking for capital growth alone, it is claimed.Read full article: [Rental landscape in London changing as more landlords seek capital growth]
 
Report highlights shortage of more affordable homes in London
2014-05-26 15:17:10 [Europe]
London needs 50,000 new homes a year and over 80% of that need is for properties costing no more than £700 per square foot, reflecting what Londoners can afford to pay, new research suggests.Read full article: [Report highlights shortage of more affordable homes in London]
 
London tops the ranking for global luxury property, new report finds
2014-05-23 12:28:08 [Global News]
London has topped the rankings of luxury property markets in the world for the second year in a row according to a new report from Christie’s International Real Estate.Read full article: [London tops the ranking for global luxury property, new report finds]
 
London mayor backs plan for 3,000 new homes in Hackney
2014-05-22 14:50:21 [Europe]
Plans have been approved to undertake one of the biggest every housing estate renewal schemes in London.Read full article: [London mayor backs plan for 3,000 new homes in Hackney]
 
Average London property prices up over 26% year on year, latest data shows
2014-05-22 09:34:21 [Europe]
Average London property price reached £501,056, up 26.1% annually and 4.3% on month, according to the latest data from independent estate agent network haart.
Read full article: [Average London property prices up over 26% year on year, latest data shows]
 
UK house prices up by 8% year on year in March, down slightly from previous month
2014-05-20 12:50:21 [Europe]
UK house prices increased by 8% in the year to March 2014, down slightly from February when the annual rise was 9.2%, the latest data from the Office of National Statistics shows.Read full article: [UK house prices up by 8% year on year in March, down slightly from previous month]
 
Popularity of new build apartments making London prime houses better value
2014-05-19 10:48:07 [Europe]
There is a growing disparity between the price per square foot value of houses and new build apartments in central London, buying agents have found.Read full article: [Popularity of new build apartments making London prime houses better value]
 
UK home owners expecting interest rates to rise
2014-05-19 08:50:17 [Europe]
Home owners in the UK were already anticipating a rise in interest rates before the governor of the Bank of England warned that the property market is in danger of overheating.Read full article: [UK home owners expecting interest rates to rise]
 
Property prices up over 20% in London in last year
2014-05-15 14:14:23 [Europe]
The growth in national average home prices in the UK have increased by 9.2% in the last 12 months while in London they are rising at a worrying pace, it is claimed.Read full article: [Property prices up over 20% in London in last year]
 



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