Tag: Richmond
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London’s Prime Homes Struggling to Find Buyers?
Fancy a flat in Kensington or a townhouse in Hampstead? You might be in luck. It seems wealthy buyers aren’t snapping up luxury London properties as quickly as they were. A new report by Benham and Reeves, the estate agents, shows demand for prime property in London has dipped this autumn. Their “Prime London Demand…
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Living by the Park – How Much Does Green Space Increase London House Prices?
Fancy waking up to birdsong and leafy views in the heart of London? Be prepared to dig deep! Living near one of the capital’s most beloved parks could add over 50% to your house price, according to new research. Estate agents Foxtons have revealed just how much those green spaces add to the value of…
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London House Prices Slashed – Bag a Bargain in Your Borough!
Over a third of homes for sale in London have had their asking prices slashed – meaning big savings for buyers like you! Estate agent Benham and Reeves’ latest figures show 34% of London homes currently on the market have had a price reduction. Fancy a posh pad at a discount? Kensington and Chelsea tops…
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Rising Costs Make London Homes a Tough Buy
Purchasing a home in London has become a daunting challenge, with mortgage costs now almost 50% higher than renting. This steep rise in costs is placing the dream of homeownership further out of reach for many, as the gap between owning and renting widens significantly. In the heart of London, particularly within its more affluent…
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London Property – the Market’s Ups and Downs
Recently, the latest government figures have shown the fluctuating market of London’s property prices and rents, revealing a tale of contrasts that could impact anyone looking to make their home in the capital. The Times looked into the intricacies of London’s housing market, highlighting the areas where bargains are to be found and where costs…
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Back on the Commute – Rental Prices Soar in Key UK Cities
Tenants across the UK are now valuing their commute to work more than ever, causing rents in popular commuting cities like Birmingham, Chester, Cobham, and Weybridge to rise. This trend is based on the latest findings from property giant Savills, which highlight how the return to office work is reshaping the rental market. During the…
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London Housing Market – Prices Climb in the Capital!
The London housing market has shown a robust increase, with some areas witnessing a 5.6 percent leap in asking prices. This news might leave many Londoners wondering how their borough stacks up in the latest housing price evolution. According to the newest figures from Rightmove’s house price index, the average asking price for a London…
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6 London Areas Where House Prices Rose Last Year
Last year, London felt the brunt of the UK’s economic shifts more than any other region. A staggering 27 of its 33 local authority areas saw house prices fall, a stark contrast to the overall UK trend. On average, London homes lost 5.2% of their value, a decline that translated to nearly £27,674 off the…
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London’s Property Prices – The Highs and Lows
London’s housing market has seen its fair share of ups and downs over the past year. Yesterday’s report from the ONS has shed light on how the capital’s property prices have fared, revealing a mixed bag of results across different boroughs. On average, house prices in London have taken a dip, declining by nearly 5%…
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83% of Landlords Report Breached Agreements
83% of landlords have reported breaches in tenancy agreements. This data emerges from a comprehensive survey conducted by Direct Line, which involved 500 landlords during October and November of the previous year. The findings indicate a significant challenge in the landlord-tenant relationship, with a variety of breaches being commonplace. Common Breaches and Their Consequences The…