London Property News: Selling
31 August 2016
When potential buyers scan a website for properties, they tend to look for price, location and number of bedrooms. However, they should also look for the information that tells them whether the property is freehold or leasehold, as this will give them an idea of the true cost of their future home.
98% of new build property sold in London in 2010 was leasehold, compared to just 43% in the rest of the UK.
According to the Land Registry, 98% of new … Read more ›
11 July 2016
Visitors to Vauxhall can hardly have missed as one of Nine Elm’s newest skyscrapers. The Tower at St George’s Wharf stands right on the bank of the Thames, commanding attention and drawing the eye to one of the most desirable addresses in South London. Designed by Broadway Malyon and completed in 2014, the Tower is now filled with 223 luxury apartments, many of which have been bought and sold through Henry Wiltshire.
If you like facts and figures, you might be … 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 ›
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 ›
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 ›