Docklands News

The Jewel in the Croan at Canary Wharf

22nd September 2017

Construction is well under way now on One Park Drive, the residential crown jewel of Canary Wharf’s New District, an 8.9-acre community just east of the Isle of Dog’s financial centre. Designed by Swiss architects Herzong & de Meuron, every apartment in the 58-storey tower, clad in glazed, fluted terracotta, comes with generous terrace space, designed to ensure that no balcony is overlooked by another. The interiors focus on natural, responsibly sourced materials; Martin Gettings, lead on the subject for Canary Wharf Group plc, says “Sustainability is foremost in our minds. We consider at design stage how the new buildings we construct can be disassembled and have a second use. We specify only Forest Stewardship Council-certified timber and encourage and support our supply chain”. Prices at the flagship tower start from £665,000 for a studio apartment of 466 sq ft.

Metro (18/09/2017)

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London landlord confidence dips

22nd September 2017

The latest landlord sentiment research from Foundation Home Loans has found over two-thirds of landlords think landlord confidence has fallen, with a fifth noticing increased competition in the buy-to-let market as a result of political uncertainty. A quarter of landlords operating in central and outer London have raised rental prices as a result of the lingering political jitters across the UK over the past year – below the average of 30% across the UK. Meanwhile, 45% of landlords in central London had reviewed the size of their portfolios, FHL said, and 47% had seen a drop in transactions.

City AM (15/09/2017)

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Time to lock into cheap rates

22nd September 2017

Experts say borrowers could slash their home loan bills by more than a third thanks to an "end-of-season" remortgage jamboree. Mortgage brokers John Charcol and London & Country say banks and building societies have begun trimming rates, cutting fees and introducing cashback offers in an effort to get more business onto their books before the end of the year, with the homeowners with most to gain those on standard variable rates.

The Sunday Times (16/09/2017

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£180k cottage set for London record

22nd September 2017

A cottage with a £180,000 guide price may become the cheapest detached house in London. The average London home is £488,000, but £911,000 if detached. The one-bed Willow Lodge in Plaistow, East London has barely been touched since the 1970s.

Daily Mirror (17/09/2017)

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New homes launch at Greenwich Millennium Village

15th September 2017

Countryside and Taylor Wimpey have launched a new collection of homes in the Greenwich Millennium Village project – a range of three-bedroom courtyard houses and four-bedroom townhouses. The courtyard homes all have a ground floor patio area, along with a first-floor terrace, while the larger townhouses are designed around three floors, with a garden. The master bedroom comes with fitted wardrobes, en suite bathroom, and access to a terrace. All are just a short walk from the O2 Arena, 50 acres of parkland, and a four-acre  on-site ecology park. Nearby North Greenwich Underground station is just a single Jubilee Line stop from Canary Wharf, and nine minutes from Westfield Stratford. Prices start at £850,000 for a courtyard house, and £950,000 for a townhouse.

South London Press & Mercury (13/09/2017)

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Khan: EU workers needed to deliver homes

15th September 2017

London Mayor Sadiq Khan says tough post-Brexit migration curbs would hurt a major house-building drive in the capital. On the migration of construction workers from the EU, he asked: “How are we going to build all those homes without them?" in an interview with i, he added: “In London we have a housing crisis. There is no other way to describe it. It's the No 1 issue and the priority for me is trying to fix that crisis.”

Independent i (08/09/2017)

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