Tag: Westminster
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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 Dip but Cheaper Mortgages Could Be a Game Changer!
The average asking price for a London property in July was £677,794, a 2.1% drop from June, according to property website Rightmove. That’s a cool £17,285 shaved off the average asking price. While this might seem like a big drop, it’s actually pretty normal for this time of year. Plus, across the whole year, London…
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Renters Are Snapping Up Homes FAST in These Areas!
The rental market is booming, and some areas are seeing tenants snatch up properties quicker than you can say “deposit”. Renters are on the move, and here’s where they’re headed: Fastest Rental Markets: Slowest Rental Markets: Expert Advice: OnTheMarket president, Jason Tebb, says: “The rental market is super competitive, and some tenants are having to…
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Plymouth Houses Fly Off the Market While Blackpool Sellers Face a Wait
Thinking of selling your home? New data reveals the UK’s property hotspots (and not-spots!) If you’re looking for a speedy sale, pack your bags and head to Plymouth! New research from property website OnTheMarket has crowned the seaside city the fastest place to sell your home. Properties there are snapped up in a lightning-fast 32…
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Landlords’ Rental Yields Soar in These UK Hotspots
New data from letting agent Lomond reveals that Merthyr Tydfil, Brent, and Hammersmith and Fulham are leading the pack. These areas have seen rental yields jump by a healthy margin over the past year: Other areas with strong gains: Not just a few hot spots: The good news is that every region of England and…
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Croydon’s House Prices Tumble While London’s Rise
House prices in Croydon have dropped, bucking the trend in the rest of the capital. The latest Land Registry figures show that the average house price in Croydon has fallen by 0.7% – that’s a £2,750 drop! This downward trend isn’t new in Croydon, with prices steadily decreasing by an average of 1.2% each year.…
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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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Croydon House Prices Drop – Is it Time to Bag a Bargain?
Good news for those looking to buy in Croydon! House prices have dropped, making it a potential hotspot for bargain hunters. Despite London house prices continuing to climb, Croydon is bucking the trend. Last month saw a 0.7% dip in average house prices in the borough, bringing the average cost down to £392,840. This is…
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House Sales Taking Six Month as Paperwork Piles Up
Selling your home? Brace yourself for a long wait! The process of buying and selling houses in the UK is becoming a nightmare, with sales now taking up to six months to complete. New research from Propertymark, the estate agent trade body, reveals the shocking scale of the problem. Back in 2016, almost 80% of…
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London Calling – Where Do Buyers REALLY Want to Live?
It’s no secret that London house prices make your eyes water – but with the market constantly changing, everyone’s asking: will prices go up…or down? The average London home will set you back £496,000 – that’s down from last year, but still miles above the UK average of £284,000! But here’s a twist. Estate agent…