The HS2 scheme is a hot topic these days and the effects on the housing market and ultimately, housing prices will be interesting to monitor. HS2 will make the trip between London and Birmingham much faster and more convenient (around 45 mins) and it is believed that the scheme will bring rapid growth in property prices because the areas around the city will become more accessible for people coming from London and other areas. In addition, places like Banbury, Bicester and other countryside towns located north of the city of Oxford will be brought within commuting distance of the Chilterns,…Read more..
The London property market may have taken a bit of hit recently by Brexit, especially at the luxury-end, but new figures still reveal that average house prices in the capital are around double that of the rest of England and Wales. The average property in London now costs £578,381 which is approximately double the price of property across England and Wales, where the average is £278,750. This contrasts sharply with the situation 20 years ago, when the gap was significantly smaller. According to research by Lloyds Bank, an average home in London only 20 years ago, was valued at just…Read more..
The subject of Brexit is never far away from the housing agenda at the moment and this is particularly true in London. Since Brexit, house prices in London, especially at the luxury-end of the market, have been falling and this is causing estate agents to get a bit twitchy and nervous. In light of this, the City and Westminster Property Associations have submitted a 52-point manifesto that is aimed at keeping London globally competitive as a property market once Article 50 is finally activated. The Association represents 420 landlords, developers and investors and includes big players such as British Land,…Read more..
Christmas has never been a great time to sell your house and naturally, the market slows down. However, the New Year is a different ball game completely and many homeowners, spurred on by their New Year’s resolutions, will be looking to place their house on the market and go in search of their dream new home. If you’re one of these people, what’s the best way to get ready? Here are our top 5 tips for selling your home in the New Year. 1. De-Christmas your home and evaluate what quick and cheap improvements that you can do. Having a…Read more..