020 7538 0102
161th March 2018
The London Chamber of Commerce and Industry (LCCI) believes there should be a reclassification of derelict land in the green belt to provide housing for emergency service workers. Responding to Mayor Sadiq Khan's draft London Plan, the body highlighted 329 hectares of brownspace land which it says could be used to build 20,000 homes.
City AM (12/03/2018)
9th March 2018
The Prime Minister has launched a draft policy on planning laws to try to ease Britain's housing shortage - urging homebuilders to build new houses faster to meet demand. Speaking at the National Planning Conference in London, Theresa May scolded property developers - saying their bonus structures "prioritise profit over the construction of affordable homes" and said: "I expect developers to do their duty to Britain and build the homes our country needs. I want to see planning permissions going to people who are actually going to build houses, not just sit on land and watch its value rise
The Daily Telegraph (06/03/2018)
9th March 2018
Figures from Halifax reveal that the rate of house price growth in the UK fell to just 1.8% in the year to February, its slowest rate of increase since the 1.1% recorded in March 2013. The average price of a home has fallen from £226,408 in November, to £224,353 last month, though prices actually rose 0.4% month-on-month in February. On a quarterly basis, house prices between December and February were 0.7% lower than in the preceding three months, marking the first quarterly decline since May 2017.
The Guardian (07/03/2018)
9th March 2018
Home owners trying to take their second step on the property ladder face a typical price gap of more than £135,000 to make the leap. The Lloyds Bank Second Stepper report found people who are looking to trade up typically live in a home valued at about £211,296, but the type of property they would like to move to – a detached home – will cost around £347,281 – a difference of £135,985. However, Lloyds also calculates that second steppers have an average equity level of £85,877 to inject into their next property, making it easier to make the jump. The survey also found that must haves for the second-steppers include parking space and a garden.
The I (02/03/2018) Daily Mail (02/03/2018)
9th March 2018
New research shows that Waltham Forest, which was recently named the capital's first Borough of Culture, has seen average property prices climb 82% to £462,000 in the last decade. The increase is nearly 20% above the average price growth for Greater London and four times greater than the average across England and Wales.
Evening Standard (06.03/2018)
2nd March 2018
The Gramercy Greenwich is an 83-home development just moments away from Greenwich Docklands Light Railway Station, sympathetically designed by architects bptw to fit into the elegant surroundings of the Unesco-protected town centre. Housing association Family Mosaic has created a new community along Creek Road, with a number of homes available for private ownership. All the flats are higher spec than the London Plan, with higher ceilings and more space, offering views of the Thames, Canary Wharf, and London to the east.
Evening Standard (01/03/2018)