London Property News: Renting
11 July 2017
The idea of abolishing lettings fees was first introduced by Chancellor Philip Hammond in his Autumn Statement last year. At the time, ARLA (Association of Residential Lettings Agents) hoped to persuade him to cap fees instead of banning them altogether. Sadly, the property sector’s pleas seem to have fallen on deaf ears. All three parties pledged to ban fees for tenants in their recent election manifestos, and June’s Queen’s Speech confirmed that the ban would go ahead.
Why did all the … Read more ›
12 June 2017
With the increased demand for property in UB3, UB4 and surrounding areas, Henry Wiltshire identified Hillingdon as the next key borough in which to open a branch.
West London is an area that has really benefitted from recent improvement to transport links, as we covered in our “Growth in the west London property market” article. With Crossrail plans approved, the area is expected to see an almost 30% rise in house prices between 2015 and 2020. The expansion of Heathrow also … Read more ›
07 December 2016
In last week’s Autumn Statement, UK Chancellor Philip Hammond proposed to ban letting agents’ fees to tenants. The proposal is still in the early stages, with the consultation proposed for the New Year, and an Act of Parliament required to push the legislation through.
ARLA, the Association of Residential Lettings Agents, headed by MD David Cox, is deeply concerned by the proposed ban and feels that it has been rushed into with little regard for the facts or potential consequences. The … Read more ›
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 ›
19 August 2016
Londoners out on the town this weekend will be the first to take advantage of the Night Tube, the all-night London Underground service running on Friday and Saturday nights on the Central and Victoria lines. In the autumn, the Night Tube will extend to the Piccadilly, Northern and Jubilee lines.
Until now, people living in London’s outer boroughs have had to fork out for expensive taxi fares or endure hour-long journeys by night bus to get home after midnight. Residents of … Read more ›
02 August 2016
The Pan Peninsula is located on the Isle of Dogs, E14, in the heart of London’s Docklands…and just round the corner from Henry Wiltshire Canary Wharf. Flats in the development are available for both sale and rent – it’s both a fantastic investment opportunity and a great place to live.
When the Pan Peninsula opened in 2009, it brought a new style of building to London’s Docklands. The development comprises two towers of different heights which are colourfully lit at night … Read more ›