London Property News: Letting
26 October 2016
Since the beginning of 2016, estate agents have noticed a reduction in house sales and an increase in rentals. This is because there is an increased desirability for renting, as well as fewer homeowners choosing to sell, although prices continue to rise. The expense of living in London and the problems of job instability are all playing their parts, but changes to stamp duty laws and the uncertainty of Brexit have an equally important role.
The appeal of renting
There’s been a … Read more ›
10 October 2016
Recent research by property insurers Direct Line reveals that roughly 15% of tenants have, at some point, breached the terms of their tenancy. A further 11% were not sure whether they had breached it or not.
The most common misdemeanour is non-payment of rent, whether it’s a one-off mistake in a difficult month or an ongoing situation. This is closely followed by smoking in a no-smoking property, keeping a pet, subletting a room, redecorating or making alterations.
On the rare occasions payment … Read more ›
20 September 2016
Henry Wiltshire’s newest branch opened in Royal Docks in August. 13 September saw its official opening, and a well-attended launch party put the office firmly on the map.
The launch party
Sales and Lettings Manager Jas Samra is in charge of the Royal Docks office. He was delighted to welcome guests from the development and property investment sectors at the launch party last week. There was also a great turnout from the other Henry Wiltshire offices, with staff from the Hong Kong, … Read more ›
07 July 2016
New research shows that as many as one in six couples sleep in separate bedrooms. It’s not that relationships are on the rocks, nor is it a new method of contraception. Modern lives have become more hectic, meaning that sleep is not only more necessary but also more hard-won. After a hard day of client negotiations and meetings, the last thing anyone needs is a snoring partner keeping them awake. Many sleep therapists recommend sleeping alone for a better night, … Read more ›
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 ›
21 April 2016
The new Consumer Rights Act introduced in October 2015 made it compulsory for lettings agents nationwide to publish their fees in a clear and upfront manner, offering landlords and tenants transparent information and enabling them to make informed choices. Where the fee is variable, estate agents must give the proportion or percentage from which it is calculated.
“Having our fees clearly displayed is better for everyone.”
The law was created to protect landlords and tenants from “hidden” charges. While it’s sad that … Read more ›