This Week’s Hottest Property News 18.08.16

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Do you live in one of the happiest places in the UK? Leigh-on-Sea on the Essex coast is named top spot for contentment Daily Mail 

Is the only way actually Essex? The Essex coastal town, Leigh-on-Sea has recently been found to be the happiest place to live in the UK, with residents saying that there is plenty to do, including being close to sports and art facilities. Leigh-on-Sea stole the crown of being the ‘Happiest Place to Live’ from Harrogate, North Yorkshire, who previously won the title for three years in a row. 

A seaside resort in Essex has been named as the happiest place in Britain to live.

Leigh-on Sea, next to Southend, gained the accolade after scoring highly on a range of stand-out features, including community spirit and a strong sense of belonging.

It wasn’t the only seaside resort in the top ten compiled by property website Rightmove, with Troon, on the west coast of Scotland, taking second place.

Harrogate in North Yorkshire dropped to third position after occupying the top slot for three years in a row.

Swansea took the top spot for the happiest places to live in Wales, while Richmond won in London for the second year in a row.

The study of 24,000 people across the country asked residents to rank 12 factors about their local area, from how friendly their neighbours are and how much people feel that they can be themselves, to how good the local services are…[Read more]

Night Tube:rising Zone 3-6 rents tipped to soar further near London stations with 24-hour service Homes & Property


After over a year of waiting, the Night Tube is finally here!! But, the bad news is that what you’d save on cab fares, trekking your way home after a night out, you could be spending on rent instead. London: what the city gives with one hand, it takes with the other…

Rent rises are predicted to follow the launch of London‘s Night Tube service as transport links improve to the outskirts.

Rents near Night Tube stations in Zones 3-6 have already risen by up to 20 per cent during the last two years, outstripping the average rate of growth across London by seven per cent.

“We definitely expect to see these areas increase in price more than the average over the next year or two. New transport improvements drive prices up, but you’ll generally see that first in sale prices,” says Matt Hutchinson, director of flat share site, the source of today’s data.

With this in mind, renters in the capital should move quickly to secure multi-year rental contracts…[Read more]

Team GB house in Rio:Tom Daley, Mo Farah and Jessica Ennis-Hill unwind in their “home away from home” Homes & Property


The Olympics are well underway, and I have to say, we are doing ridiculously well, especially considering that Great Britain is a tiny little island. But, it seems as though Team GB are living in something far from tiny, just check out this mansion that is home to our Olympians… 

As Tom Daley prepares for his 10m Olympic dive on Friday, he can rest up at the striking mansion in Parque Lage.

Team GB can treat it as a home from home with friends and family during the Rio Games. Framed by botanical gardens, the house sits beneath the Christ the Redeemer statue.

English landscape architect John Tyndale designed the grounds in 1840. In the Twenties, industrialist Henrique Lage lived there with his opera singer wife, Gabriella Besanzoni.

The house has been transformed for the Games by London-based Innovision into “British House” with UK brands including DFS, and bespoke pieces from Deptford textile studio Insley & Nash…[Read more]

House prices rose in run-up to EU referendum despite uncertainty The Telegraph


So, house prices went up in the run up to the EU referendum, and have since dropped back down- but is this actually because of the referendum, or is it just thanks to the August slump? 

ouse prices rose in the run-up to the EU referendum despite the uncertainty surrounding the vote, according to official Government figures.

The ONS’s house price index revealed that house prices increased by 8.7pc in the year to June, up from May’s growth rate of 8.5pc.

However, these figures take into account only one week of house-buying activity after the EU referendum. A survey last week by the Royal Institution of Chartered Surveyors indicated that activity in the housing market has slumped, with the smallest number of homes on the market in three years.

Richard Snook, senior economist at PwC, said: “We expect that the vote to leave the EU will have a significant impact on the housing market. In our main scenario, average UK house property growth will decelerate to around 3pc this year and around 1pc in 2017. Cumulatively, our estimates suggest average UK house prices in 2018 could be 8pc lower than if the UK had voted to stay in the EU.”…[Read more]

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