London Property News: Buying
17 May 2016
Fish Island is located near Bow, just west of Stratford, and across the water from the Queen Elizabeth Olympic Park, built for the 2012 games. The community is a wonderful mix, with artists and creatives buying property on Fish Island as well City workers looking to break from the corporate world when they get home.
Chloe Robinson, Branch Manager at Henry Wiltshire’s Bow Office, says, “London’s East End was once the capital’s industrial heart, with Fish Island playing an important part. … Read more ›
12 May 2016
If a house buyer has an offer accepted, and then another buyer comes along and makes a higher offer that the seller decides to accept instead, the first buyer has been gazumped. This is currently legal in the UK, but the Department for Business Innovation and Skills (BIS) is calling for evidence that will help it redraft property-buying legislation to speed up the process and make gazumping a thing of the past.
The estate agent is obliged to pass on all … Read more ›
05 May 2016
With the EU Referendum coming hot on the heels of the 2016 budget, the property market is being bombarded by change and uncertainty from a number of directions. The two key issues are the changes to stamp duty land tax (SDLT) and anxiety about the outcome of the referendum and Britain’s possible exit from the EU.
A recent discussion with David Ewington, Mortgage Broker at Enness Private Clients, brought out some interesting views and valuable insights.
The way stamp duty … Read more ›
28 April 2016
With regeneration in London’s East End going from strength to strength, Royal Docks is the capital’s newest area for development.
Docks and location
The Royal Docks comprise four historic shipping quays on the north bank of the Thames: Victoria Dock, Royal Albert Dock, King George V Dock and Pontoon Dock, located just east of Canary Wharf and the Isle of Dogs.
The new Business Port is expected to attract many Asian companies and generate huge economic growth.
Chinese business district development company ABP … Read more ›
25 April 2016
£500,000 is now the average house price in London*. It can get you a family house in Zone 4, a three bedroom property in Hackney, a flat in a converted house in Clapham, or, if you’re seeking buy-to-let or a property investment, you can find convenient apartments near Canary Wharf.
“Even with the 2008 crash, London house prices have still successfully increased by nearly 50% over the last eight years”
Across the rest of the country, the average price is considerably lower, … Read more ›
14 January 2016
Estate Agents in Bow will be the first ones to advise you to rent or buy in this popular area due to its thriving community. Historical properties, industrial past and recent regeneration make Bow a mix of new and old with a traditional British feel. Read on for more information.
First of all, to assess an atmosphere of a place it is important to address the history of the place. Bow traditionally was an industrial area, predominantly populated with large warehouse … Read more ›