Posts with tag: London housing

Will Londoners Move to Birmingham for Better Prices?

Published On: May 21, 2015 at 10:25 am

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Will Londoners Move to Birmingham for Better Prices?

Will Londoners Move to Birmingham for Better Prices?

Kings Heath in Birmingham could potentially prove an ideal residence for Londoners looking to move away from the sky-high prices of the capital.

The Birmingham suburb is just 15 minutes from Birmingham New Street train station, which has recently been renovated. The homes are well presented, the streets are tree-lined, the parks are impressive and the schools are good.

For those looking for a quiet life, Kings Heath has a nice array of tearooms and for those still hoping for some culture, the music scene is growing.

If Londoners are looking to completely uproot from the capital, Birmingham’s economy is booming; George Osborne’s Budget revealed that a job is created every ten minutes in the Midlands.

But if working in London is still a priority, trains from Birmingham New Street to Euston take an hour and 20 minutes, with this time reducing when the HS2 arrives.

To Londoners, homes in Kings Heath are ridiculously cheap. Six-bedroom Victorian detached houses can be snapped up for £475,000, a five-bedroom terraced property is £350,000 and a three-bedroom home is £260,000.

If travelling from Birmingham to London everyday isn’t ideal, Londoners can sell up their pricey homes and split the cost between a house in Kings Heath and a studio flat in central London.

With people trying to get out of the London property bubble, non-London homes could rise in line with London prices. Now would be a perfect time to buy.

 

 

 

 

 

 

Bromley’s New Homes to Attract Buyers

Published On: May 20, 2015 at 2:54 pm

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The London Borough of Bromley will soon be attracting buyers after receiving part of a £221m Mayor of London fund to develop some of the capital’s high streets.

Bromley’s town centre is being improved with a new quarter of residential property, leisure space, shops and spots dedicated to the arts.

The £90m St Mark’s Square initiative is set to be finished later this year. The South East London suburb will get 200 private and affordable apartments around the new piazza and performance space, alongside a multiplex cinema, hotel, cafes and restaurants. Prospective buyers can contact Cathedral Group on 020 7939 0800.

Bromley is the largest borough in London, covering 59 square miles. The majority of this is greenbelt that spreads into Kent and Surrey. The area is just a 20-minute train journey from central London, making it attractive to professionals.

Young residents will likely look at Berwick Quarter in nearby Orpington. This project is hidden behind the high street and is close to the station. Prices start at £230,000 and hopeful buyers can call Robinson Jackson on 01689 833 322.

Berkeley Homes has recently had its plans to redevelop Orpington police station into 83 homes approved by the council.

 

 

Housing Campaigner Running for Mayor of London

Published On: May 19, 2015 at 2:28 pm

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Successful housing campaigner Lindsey Garrett, from the New Era estate in Hackney, is running for the Mayor of London position.

Garrett is promising a new era for the city after leading a tenants’ campaign last year. US investors Westbrook Partners purchased the New Era estate in Hoxton, saying that it would double the affordable rents to market rates. This caused accusations of social cleansing.

Westbrook Partners then backed out of the plans and sold the estate to an affordable housing provider.

Garrett is focusing her political efforts on housing rights; however, her draft manifesto includes a range of measures to change who London is governed for. She wishes to build a city that nurtures its residents.

Housing Campaigner Running for Mayor of London

Housing Campaigner Running for Mayor of London

Garrett’s plans include the following:

  • Rent controls and a mandatory London living wage.
  • Public housing funded by a tax on private rental sector landlords’ rental income.
  • Devolution equal to Scotland, votes at 16-years-old and electoral reform for councils by replacing 33 authorities with five boroughs.
  • Putting the Corporation of London under the control of Parliament.
  • Approval of Heathrow Airport expansion.
  • A single, integrated NHS for the city.
  • An education system that gives Londoners a head start and aids people throughout their careers.
  • A city tax on hotel stays and funding for free/discounted cultural access for all Londoners.
  • Better policing and a crackdown on crimes against vulnerable people.
  • Zero tolerance on police attitudes that damage public trust.
  • An orbital economy to cut commuting times and mass river transport for a greener economy.

Read the full draft manifesto here: https://d3n8a8pro7vhmx.cloudfront.net/somethingnew/pages/193/attachments/original/1431563684/A_New_Era_for_London.pdf?1431563684.

Garrett says: “This is the city I want to live in; a city that serves its people rather than bleeding them dry. With Labour opposed to both rent controls and building enough homes, and the Conservative Party set to decimate housing associations, someone needs to stand up for Londoners, and it looks like that will have to be me.”1

Garrett belongs to a new political party, Something New. Recently, lobby group Generation Rent revealed that their director Alex Hilton was stepping down. Read more: /generation-rents-new-director-revealed/. He later announced that he is joining Something New.

1 http://www.landlordtoday.co.uk/breaking-news/2015/5/housing-campaigner-runs-for-london-mayor

The London Councils that Approve Most Planning Permission Applications

Published On: May 18, 2015 at 9:43 am

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If you’re a Londoner looking to change your property, living in Wandsworth or Kensington and Chelsea will be your best bet at getting your planning permission application approved. In these boroughs, up to 92% of proposals are permitted.

Planning consultancy Daniel Watney LLP has conducted an audit on the outcome of planning proposal applications in the last 12 months. Within the capital, there are wide gaps between the amount of approvals, with some councils rejecting two out of three plans.

Over half of all applications received last year in Redbridge, Bromley, Newham, Croydon, Hillingdon, Greenwich and Harrow were overruled. In Enfield, North London, only 37% were agreed.

The London Councils that Approve Most Planning Permission Applications

The London Councils that Approve Most Planning Permission Applications

This will dishearten those looking to make improvement works on their home. Recently, the case of singer Robbie Williams reached the news when Led Zeppelin star Jimmy Page objected Williams’ plans to remodel his £17.5m Holland Park house. Page believed the job would impact his Grade I listed property.

However, Williams could be in luck, as the research found Kensington and Chelsea Council approves 81% of all applications.

Wandsworth Council permits 92% of proposals, and Southwark, Camden and Tower Hamlets councils accept over 80%.

Nick Willson, Director of Nick Willson Architects, thinks Londoners could be to blame for rejected plans, as they often do not give enough information and details within their applications. However, he also says that some councils simply do not like contemporary design.

He explains: “Planning permission for one house we had was thrown out due to proposals for a flat roof; the councillor said she didn’t like flat roofs and would reject all schemes with flat roofs.”1

Director of Satellite Architects, Kristin Cross, also believes some homeowners are bound to fail because their plans breach local or national planning rules. She says that research is boring, but necessary.

As with Williams, neighbours can be a big problem. Another story to highlight the issue was when 71-year-old Zipporah Lisle-Mainwaring painted her home in West London with red and white stripes because her neighbours had objected proposals to demolish the house and rebuild it with a two-storey basement.

Creative Director of Ensoul Interior Architecture, Viki Lander, says that neighbours should be involved from the beginning: “It is crucial to present your plans to them before submitting to planning.

“Explain what you plan to do and why. People really are understanding and can even be major advocates once they know that you are trying to get more living space for kids that are on the way.”1 

Lander suggests offering to pay neighbours for cleaning their windows and cars from any building dust.

Although Director of RCKa Architects, Russell Curtis, thinks the main barrier is underfunding: “Most planning departments are overworked and under resourced, so junior, less-experienced case officers tend to be assigned smaller domestic schemes.

“It is often easier for them to refuse an application instead of taking time to understand it and reaching an informed decision within the statutory eight-week determination period.”1

1 http://www.homesandproperty.co.uk/property-news/news/planning-permission-london-councils-say-yes

 

 

 

 

London’s Housing Crisis Defined in One Statistic

Published On: May 16, 2015 at 4:08 pm

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London’s housing crisis has been summed up after it was found that seven out of ten houses on one street in Kensington are second homes.

The 300 metre-long street, Ashburn Place, in West London has 131 residential properties, of which 70% are not classed as a main home, revealed Kensington & Chelsea Council.

London's Housing Crisis Defined in One Statistic

London’s Housing Crisis Defined in One Statistic

The Council found the figures by a Freedom of Information request by The Steeple Times.

The statistic indicates that Kensington & Chelsea has the highest proportion of second homes of any densely populated area of England. The City of London and Isles of Scilly have more second homes, but are more sparse.

The City of London has a population of just 7,000, with a high concentration of offices rather than homes.

The changing population in this area has caused high-profile businesses to close recently. Companies are not getting enough custom because local residents are moving away and being replaced by second homeowners who do not constantly live there.

As a result, many areas in central London are becoming empty, with fewer permanent residents.

Ashburn Place has a considerably higher proportion of second properties than other streets in the top five. Second place is Sloane Avenue, a walk away from Ashburn Place, where four in ten houses are second homes.

The Isles of Scilly is experiencing similar problems. Low average wages and spiralling property prices due to the amount of second homes means that the wealth of some Scilly residents is equal to that of Slovakia and Slovenia.

 

 

 

Nine Elms in London is One of the Largest Regeneration Projects in Europe

Published On: May 15, 2015 at 12:41 pm

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Nine Elms and Vauxhall in central London are being transformed into a new cultural quarter. Plans for one of the largest regeneration projects in Europe were revealed this week.

Developers are hoping to tackle beliefs that the riverside area lacks personality and community. 18,000 homes are to be built here within the next ten years.

Some worry that the area will become an investor’s paradise and house transient tenants. However, city planners have developed the project to be a new neighbourhood and urban designers are making plans for how the district could grow.

Cultural placemaking

This process is called cultural placemaking and includes the arts as an intrinsic part of the area. It is hoped that residents will be involved and feel part of the community.

Top quality architects are designing the area with luxury buildings, linking it to the recently developed Battersea Power Station. Public spaces will feature arts and community, with theatre, events, markets and exhibitions.

The Battersea developer has appointed a director of design and placemaking, David Twohig, to create a plan for cultural events. He says: “The spaces in between the buildings are as important as the buildings themselves.”1 

Circus West is the first residential section of the power station and includes a modern village hall. The original boiler house and control room will be cultural spots.

The Royal College of Art’s Battersea campus is a recent addition and will have an artistic influence on Lambeth and Wandsworth. The college is partnered with developer St James at StudioRCA, located at the Riverlight apartment complex at Nine Elms. Homes here start at £800,000.

Damien Hirst is also opening a space in this area, the Newport Street Gallery, which will include the artist’s personal collection of 2,000 pieces, including work by Banksy.

The gallery will open this summer and is a renovation of listed warehouses where Hirst works. It will occupy a whole street, which was once a rundown area. Now, these parts are changing quickly and attracting hipsters to cheaper loft apartments.

Nine Elms in London is One of the Largest Regeneration Projects in Europe

Nine Elms in London is One of the Largest Regeneration Projects in Europe

However, a nearby fine art storage warehouse owned by auction house Christie’s is being refurbished into The Residence, which will include 510 homes. 76 of these are available on a shared-ownership basis and are considered affordable.

Charles Asprey’s Cabinet Gallery is also due to open this year.

The new Barbican

Some believe Nine Elms will become the new Barbican, however, it would be more navigable with a linear park linking the individual elements; 29 sites over 482 acres. A comprehensive culture trail will mark out the district. A route will also connect Lambeth to Vauxhall Cross.

Vauxhall Pleasure Gardens is a restoration project of a Victorian venue, and will host outdoor cinema screenings in summer and open a temporary ice rink in wintertime. A new pedestrian bridge will connect residents to areas across the River Thames.

Within Lambeth, Fentiman Road has four-storey Victorian properties popular with professionals from the City. Lilian Baylis Old School is a listed 1960s teaching block, which has been turned into good-sized apartments.

Lambeth Walk’s Victorian streets were spoiled in the 1970s by redevelopment. Now, areas are being revived and small businesses are moving into shop fronts. Accommodation above the shops will soon be available.

Manmade creativity

It is wondered, however, if such a creative atmosphere can be manmade. The developers are building relationships with the arts, but can more than profit be created?

Lifelong local resident Bridget Wright, 58, says: “I suppose patrons are okay, but we don’t want to be patronised. A lot of snooty typed from across the river in Chelsea are turning up and we are already seeing prices moving beyond what many locals can afford.”1

Developers are required to make financial contributions and improvements to the local area when given planning permission. Within Nine Elms, two new schools will be built alongside health care centres. The Northern line extension was also part of the selling factor of this area.

Futurecity is a placemaking agency focusing on culture. Mark Davy, founder of the firm, is in the middle of the debate. The company has 30 developer clients and 100 projects in progress in London and the South East.

He says: “In the past, creative neighbourhoods were in so-called downtown areas with cheap industrial space and bad transport links, but the success of new developments built around the arts, such as King’s Cross, has persuaded the private sector to invest in culture.

“Often, it’s about making creative use of an existing budget. London is moving from a capital city traditionally defined by the financial sector, to one defined by the creative and knowledge sectors.”1

Davy believes culture brings all the elements that make a modern city.

1 http://www.homesandproperty.co.uk/property-news/new-homes/londons-nine-elms-europes-biggest-regeneration-zone-18000-new-homes-damien-hirst-gallery-and