House Prices Fall In London Amid A General Slowdown Across The UK

According to the National Office for Statistics, London house prices fell by 1.2 percent between September and October 2016 – bringing the annual rate of growth in the capital down to 7.7 percent. The figures are attributed to uncertainty over Brexit, and fewer houses...


Prime Property Rents In Central London Are Becoming More Affordable

Rent prices in prime property areas in London are falling, with the highest cuts in rents occurring in Riverside, Hyde Park, Marylebone and Notting Hill – all down by over 8 percent – with Islington down by 4.2 percent, and St John’s wood down by 3.3 percent...


Can’t Afford A House In London? Blame The Hipsters

Despite a general plateau in London’s property market, prices in London’s gentrification hotspots are soaring. According to property website Zoopla, house prices in Dalston have risen by a massive 60 percent in the last five years, with Shoreditch not far behind with...


Who will pick up the costs for the ban on letting agent’s fees?

Following the Chancellors attack on letting fees in the Autumn statement, it’s now inevitable that Letting Agents fees for tenants will be banned – but who will pick up the cost? The Scottish government banned fees several years ago, and experts think it’s...


A quick guide to landlords’ and tenants’ responsibilities

Landlords and Tenants both have their respective responsibilities, and it’s important to be clear about who should do what in order to ensure the smooth running of a tenancy, and to avoid any disputes. As well as standard requirements such as paying the rent (even during a...


Londoners share their memories of Camden Market, prior to redevelopment

As the iconic Camden Market faces redevelopment, Londoners reminisce about its heyday from the 70s to the 90s as a hub of subcultures from the punks to the Roundhouse raves. From the stallholders and residents, to visiting celebrities such as Ice-T and Simon Pegg, Londoners share...


Is The Era Of The Amateur Landlord Over?

Fergus Wilson, billed by PropertyDrum as the UK’s largest amateur landlord, is set to sell his portfolio of 900 rented homes, valued at a total of £250 million, to a consortium of Arab investors. Wilson claims that Brexit has made it easier to sell, with foreign...


Brexit Fears See Property Owners Slash Asking Prices By Six Figures

Although the market is rising in many areas of the capital, the average price cut prior to a sale in zones one and two was up to £100,131 this year – compared to £59,573 last year.  Following Brexit, 46% of homes sold since the vote had to have their price...


European Property Investors Look Beyond London

Interest in London’s real-estate market is cooling off as investors look to make easier money elsewhere in Europe’s property hotspots. Cities in France and Germany have seen a similar decline. After years of low interest rates and strong demand, prices have been...


Dublin vs London: what’s the best bet for bankers?

Dublin has been marketing itself as the new location for city bankers and financiers, should their companies decide to pull jobs out of the UK. Just a one hour flight from London, Dublin is still part of the EU, and with luxury homes in the smartest areas going for a pinch...


Justin Bieber moves to North London

When Justin Bieber told his fans at the O2 last month that he loved the UK, it looks like he really meant it. The star has put his money where his mouth is, spending £108 333 on a rented property in North London. Equipped with a pool, spa, tennis court, home cinema and a...


New Homes in Historic Hampstead

A trio of developments will bring hundreds of new homes to Hampstead, ranging from the relatively affordable sum of £510 000 to £16 million. The Hampstead Manor scheme will entail the redevelopment of a listed Victorian college yielding 156 homes in sixteen buildings...


London Houses are second most over-valued in the world – UBS

Swiss bank UBS has compiled a ”Bubble Index” which ranks London as having the second-most overvalued property prices in the world. London is topped only by Vancouver – which has recently seen an influx of Chinese investment. The UBS list indexes property prices...


London property stalls as Brexit turns sellers into landlords

Buyers expecting to negotiate lower property prices post-brexit are finding themselves frustrated, as sellers are choosing to lease their properties to tenants, rather than let them go at a lower rate.  The percentage of homes that were withdrawn from sale and subsequently...


Central London property market optimism remains high

A healthy demand for properties in the capital is assuaging concerns over the uncertainty caused by Brexit. Although the number of property sales that didn’t make it to through to completion over the summer has risen, the influx of autumn investors has meant that those...


The Legal Café closes in Belsize Park amid rent dispute

Residents of Belsize Park were dismayed to discover the closure of The Legal Café – a law themed café that offered up legal advice to it’s customers, alongside soup and bagels. The café was opened in 2007 by a former partner at Linklaters...


With the EU referendum looming, there’s no doubt buyers and sellers are getting nervous. It’s due to this impending uncertainty that the market is coming to a standstill and decisions are being held off until the votes been made. With the number of buyers per...


With conveyancing fraud on the rise, reports are showing the consequences felt by all parties involved. Whilst the seller is most at risk, estate agents end up putting their reputation on the line just by being involved, which is why we’re taking a more active role in...


With the recent election and the wait for the EU referendum decision, the London property market seems to be taking quite a blow. Last month we spoke about the changes in the luxury market and how the PMs new regulations were going to make it harder for international investors to...


Over the past two decades, the prices per square metre has risen by 423% in Greater London. Whilst London continues to dominate the country’s list of most expensive locations, there are several areas in England which fetch a much higher price per square metre that the...


In a recent move, David Cameron has announced new regulations, which will require purchasers to reveal their identity. In a move to push out illegal traders, many believe that it will do more than just that and will discourage international investors from purchasing. According to...


For the first time in April, we saw the price of the average home in London break through the £600,000 price barrier. This means that over the last seven years, the value of property in the capital has doubled and has risen by 11% in the last year. The growth in house...


Following on from David Cameron’s anti-corruption summit, luxury properties in the capital worth up to £11 million are to be auctioned off. Reports state that the High court seized the properties from a Kazakh businessman who has been accused on stealing billions from...


“Luxury no longer means profit – or at least you can no longer presume so. London’s hugely diverse property market is undergoing a serious readjustment, with the traditional old heart of ‘prime’ London under pressure” states Andrew Bridges...


In the most recent Budget, it was established that changes had been made to the Entrepreneurs’ Relief that would not only ease London’s housing crisis but also aide investors. Under its new conditions, external investors will be able to benefit from a 10% tax rate on...


Ever wondered who owns what in London? So often do we roam around this city, marvelling at its architecture from the old to the new, and envy the nameless soul who dwells within its walls. Well BBC reporter Olga Smirnova, was invited on a “rather unusual tour of London&...


Des Crowley, CEO of the Bank of Ireland believes that London’s property market is overheating. With the bank not giving out mortgages above £500,000, it means they are no exposed to properties in areas like Knightsbridge and Chelsea. “We’re conservative...


As we continue to watch the price of properties rise, it comes as a shock to learn that in London last year, property developers sold more apartments valued between £650,000 and £1m than cheaper priced homes of £300,000. These figures, obtained from more than...


We know what you’re thinking – how is this possible? Or more importantly, when will this ever stop? Too often are we reading headlines warning us of what seems like a never ending peak. If house prices continue to rise, so must our rental prices and how will we...


Whilst many of us struggle to fathom the ever increasing prices of London’s properties, many families are seeing the benefits – they are cashing in on the property boom.  Recent reports show that as many as 60,000 families has purchased properties elsewhere...