This Week’s Hottest Property News – 02.06.2017


Share on facebook
Share on Twitter
Share on Google+
Image source

Property sales drop 20% as buyers adopt a ‘wait and see’ approach ahead of the election – The Daily Mail Online

With the run up to the general election gaining momentum as each party fights harder for votes, the property market is stalling, as sellers hold out for the results before putting their homes on the market.

And the number of buyers registered with each branch fell from 425 in January and February, and 397 in March, down to 381 in April.

However, with the supply of available homes to buy remaining tight, the proportion being sold for above the asking price increased to one in 14 in April, from one in 20 in March.

The NAEA blamed the falls on the uncertainty triggered by the snap General Election, saying that buyers were putting their plans on hold until the result is clear.

Read more here 

The Waitrose effect: How living near store boosts home by £36k – The Express

Lloyds bank have investigated the link between proximity to Waitrose and other supermarkets and property prices and the results are staggering!

Homes within easy reach of upmarket food store Waitrose can command a £36,480 premium, claims a study.

The “Waitrose effect” added the largest uplift in house prices. Other major supermarkets added £22,000 on average to nearby properties.

Researchers found Marks & Spencer, which had the second highest premium, added an average of £29,992 to the value of a property.

Read more here

Uber announces first involvement with private rental sector – LettingAgentToday.com

Uber are attempting to corner customers from the UK’s renters market by teaming up with a Build To Rent developer in a new deal. 

Uber and a Build To Rent developer have announced a PropTech deal which will see the transport company getting involved in the private rental sector for the first time.

Tenants at schemes operated by BTR firm Moda Living will receive up to £100 in Uber credits per month if they agree not to have a car parking space in the building. Using a bespoke app, residents will hire an Uber when they wish.

Moda Living is currently building some 6,000 rental-only homes in major cities across England and Scotland, coinciding with locations where Uber operates.

Read more here

The Cotswolds manor house that featured on the BBC’s Pride and Prejudice – Country Life

Jane Austen and Colin Firth fans listen up, the Bennets house featured in the BBC’s 90’s adaptation of Pride and Prejudice, could be yours to own!

Luckington Court was Bennet family home in the BBC’s 1995 TV adaptation of Pride and Prejudice, starring Colin Firth and Jennifer Ehle.

Launched onto the market for the first time in 70 years is the Grade II*-listed Luckington Court at Luckington, two miles from Badminton, through the Cirencester office of Strutt & Parker (01285 653101)at a guide price of £9 million.

As selling agent Sam Trounson observes, it’s rare indeed to find a fine, early-18th-century house with land in the Cotswolds these days and Luckington Court sits beautifully in its 156 acres next to the church on the edge of the village.

Read more here

Where are the UK’s most expensive seaside locations? – LandlordNews.co.uk

Looking for a dream home by the sea? Thanks to Halifax’s new report, you can find out where in the UK has the best value for money!

The most recent report from Halifax has uncovered the most expensive seaside locations for property in the UK.

In fact, the report indicates that house prices in UK seaside towns have risen by a quarter during the last ten years.

Seaside Rises

According to the lender, the average property price in Britain’s seaside towns increased by 25% during the last decade, from £181,060 in 2007 to £226,916 in 2017. This was the equivalent to an average rise of £382 per month.

Read more here

The new hipsters? London’s exclusive ‘downsizer’ homes for the over-55s – The Guardian

Are ‘Baby Boomers’ becoming the new hipsters? With many selling their suburban properties after the kids leave home and in an effort to help them get on the property ladder, new developments are popping up in London for those that can afford to downsize in the city.

As the weekends warm up, east Londoners are descending in their masses on London Fields, a park that has earned a reputation as the epicentre of gentrification in the borough of Hackney. The barbecues, daytime drinking and marijuana haze are as predictable as the media sniffing over the “drunken hipsters and thoughtless brats” who take over the park in droves.

But if that’s all standard operating procedure for the beginning of summer in the city’s hippest neighbourhood, something altogether newer has arrived on the park’s western edge. It’s called Quadra, and it’s a housing development available exclusively to residents aged 55 and over.

The contemporary, airy-looking building is a “downsizer home” – housing aimed at baby boomers who no longer need a large family home in the suburbs, but have both the capital and desire to relocate to sought-after locations in the city.

Read more here

A world first:homes at Embassy Gardens in Nine Elms will overlook glass-encased outdoor “sky pool” suspended 10 storeys above ground – Evening Standard.co.uk

Possibly the coolest apartment block ever has been revealed  at the new Embassy Gardens development by Battersea Power Station. The “sky pool” will act as a bridge between the two blocks of flats and is completely made of glass, giving swimmers incredible views whilst they do their laps.

The first homes overlooking a spectacular glass-encased outdoor swimming pool that’s suspended 10 storeys up, providing a “bridge” between two apartment blocks, have been unveiled at Embassy Gardens in Nine Elms, the new riverside district wrapping around Battersea Power Station.

Completely transparent and measuring 27.5m long, 5.8m wide and 3m deep with a water depth of 1.2m, the “sky pool” is a world first, according to developer EcoWorld Ballymore.

Using 20cm-thick glass, the pool appears to float in the air and resembles a giant aquarium, offering sweeping views of London. Certainly it adds glamour to the 2,000-home complex being built alongside the new US Embassy.

Read more here


Share on facebook
Share on Twitter
Share on Google+

Subscribe To Our Newsletter

Connect with The House Shop