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 ›
With London’s mayoral election looming, Henry Wiltshire takes a look at the different candidates’ views on housing. As London grows ever bigger, and with a need for at least 50,000 more homes every year, not to mention affordable housing, property development is at the top of the agenda for both Labour candidate Sadiq Khan and Conservative candidate Zac Goldsmith.
London under Boris Johnson
Boris Johnson, London’s current mayor, has created a number of high-rise housing developments, using his mayoral powers to approve … Read more ›
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 ›
£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 ›