Tag Archives: #londonhouseprices

UK house prices to rise by 50% in the next decade!

by

The price of the average UK home will rise by 50% in the next 10 years, say the National Association of Estate Agents and the Association of Residential Letting Agents. It has been forecasted that average UK house prices will rise to a mega 419,000 in the next ten years. From the 280,000 average price now in 2015, that is certainly a hefty increase which is sure to price out most buyers. The average home in the capital is said to rise to 931,000; this is double the current average house price in the space of ten years – a […]

Commuting to Liverpool and Manchester: The perks of living up north.

by

It is time to stop kidding yourself that London offers the British equivalent of the American dream. The glitz and glamour of our capital and of city life has masked the unrealistic expectations that are associated with living in London. When examining national statistics and location-based surveys, there are several recurrent factors that prove that this is indeed not the best choice of places to live, especially when you factor in considerations such as health, raising a family and travel.   Finance and Accommodation According to a recent survey conducted by RightMove, the asking price of semi-detached properties in Banks, […]

The Rise of the Super Flat

by

Turn on ITV at 9pm and you’ll most likely be greeted by the latest period drama boasting stately homes, acres upon acres of gardens and the richest Brits around. Back then the only way to make an exhibition of your wealth was by owning the biggest, tallest house on the manor. Drawing rooms, libraries and sweeping staircases have always been as much a tangible representation of wealth as champagne and lobster dinners. Well, not anymore. The newest generation of millionaire house hunters are ditching traditional London townhouses and stately homes for something more modern, uber-cool and altogether trendier – introducing London’s […]

Islington Council Lead the Revolution Against “Buy-to-Leave”

by

The ‘empty house’ phenomenon in sought-after areas is growing and growing. And now a London council have plans to put in place a scheme which, they hope, will stop this once and for all. Now, “buy-to-leave” investors could be fined up to £60,000 in an attempt to attack empty housing. This new plan only affects new-builds, so established developments are safe from the injunctions and threat of penalties. Anyone who newly builds a development of more than 20 dwellings will need to be able to prove that the properties are lived in for at least 14 days out of three […]

The Most Expensive Areas in the UK

by

In the world of property prices, a lot can happen in a year – so it’s no surprise that seeing just how much how prices have changed across England and Wales is distressing. The ONS data reveals the most expensive areas in the UK, confirming the so-called “North-South divide”. The map reveals the stark contrast between house prices in London vs the rest of the UK, showing that houses in London average over £300,000 compared with the North East, averaging a little over £150,000. The darker the hue of green shows the most expensive areas in the UK, which dominates […]

Location, Location, Location: London Vs the Rest of the UK

by

Ever sat on the London Underground dreaming of rolling hills, baby lambs and country roads where the kids can ride their bikes? You’re probably not alone, but taking the plunge and upping sticks to the countryside may be an irrevocable decision! And with London house prices increasing rapidly, moving out of the capital means you probably won’t ever make it back. So, questioning whether to live in London vs the rest of the UK can be a tough decision to make. The price gap in London vs the rest of the UK The property price gap between London and the […]