Driven by an ongoing imbalance of supply and demand, rents in the UK letting market have reached a new record high. The average rent in Britain is now £1,088 a month, up 10.8 per cent from £982 last year. London is excluded from this average, where a typical monthly rent is £2,193, a staggering … Continued
Over recent years, London has felt the full force of economic and political uncertainty when it comes to the property market. Despite this, a strong undercurrent of demand, particularly in the prime sector, as well the relentless gravitational pull from across the world when it comes to job opportunities, has always underpinned the property … Continued
If you work in London as a self-employed contractor and received a SEISS grant during the COVID pandemic, you may now need to understand how to get a mortgage after a SEISS grant. Unfortunately, mortgage lenders have not adopted a consistent approach in their lending criteria with regard to recipients of SEISS grants. However, it … Continued
The London buy-to-let mortgage market is booming as landlords continue to invest in rental property in expectation of a continued uptick in future London property prices and positive rental yields. The latest data by home insurance broker Quotezone reveals that mortgage products designed to offer exclusive rates for higher loan amounts are the most popular … Continued
As the UK finds itself in the depths of a third national lockdown, fortunately the property market has been allowed to remain open. However, with viewings in London being kept to a minimum and heavy restrictions in place, many agencies are offering virtual viewings as an alternative to in person viewings. This has proven … Continued
The winners of The Royal Institute of British Architects National Awards 2021 were announced on 9th September. The awards celebrate the best architecture throughout the UK, with the 54 winners having been selected from the 2021 regional award winners. Many of this year’s winners are located in London including an amazing floating church in east … Continued
With many permanent London residents choosing to house-hunt elsewhere post lockdown, house prices in London have fallen despite the national market boom. However, lower house prices in the capital is far from bad news. Combined with the stamp duty holiday until March 2021, that has just under six months left at the time this … Continued
Choosing where to live is a major life choice – however when it comes to buying in London, the choices can seem even more overwhelming. With so many factors to consider, especially affordability, it can seem like a daunting task to find a location that meets all your requirements. One of the biggest considerations … Continued
The impacts of Covid-19 on the London commercial property market are yet to be full understood. While many people have been able to work from home over the past few months, offices are now beginning to reopen, and employees are slowly starting to filter back in, as are shops, – albeit in very different environments … Continued
As the property market begins to gain momentum as lockdown measures are eased, here are four key trends that we anticipate to see over the coming months. A boom in people buying – particularly properties under £500k Following the announcement from Chancellor Rishi Sunak that all buyers in the UK will be … Continued