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London house prices: First-time buyers pay £91,000 deposit as fewer get on the property ladder in 2015, according to Halifax

by Necco | Jan 20, 2016 | news, Uncategorized

First-time home buyers needed an average deposit of £91,409 to buy a house in the capital last year, according to figures from a major British lender. The figures, published this morning by Halifax, showed London deposits were nearly three times the national average...

Cost of average house soars 10 per cent in year to £225,000

by Necco | Nov 26, 2015 | news, Uncategorized

THE average UK property price has soared to a record high of almost £225,000 as demand outstrips supply, a survey revealed yesterday. The cost of a three bedroom family semi increased 10.5 per cent over the last 12 months to £224,242, the steepest annual increase and...

Whitehall ‘ready to let TfL control London’s commuter rail services’

by Necco | Nov 26, 2015 | news, Uncategorized

Transport for London took a step closer to greater control of commuter rail services in London today after it was claimed ministers were warming to the idea. Department for Transport sources suggested Transport Secretary Patrick McLoughlin had listened to...

House prices: first-time buyers having to compete with landlords

by Necco | Nov 26, 2015 | news, Uncategorized

Another estate agent reports house prices are at a new record level, with growth in double-digits Landlords switching their interest away from the expensive south-east and towards lower-value homes is threatening to make it even harder for young first-time buyers to...

City of London’s tallest skyscraper yet planned for abandoned Pinnacle site

by Necco | Nov 18, 2015 | news, Uncategorized

City planners have backed a 61-storey tower for the abandoned site in Bishopsgate A new skyscraper is due to be built in the City of London, and it’s going to be even taller than the Gherkin and the Heron tower. The building will be 61 storeys tall and...

UK house prices rise 6.1pc as strong demand pushes up values

by Necco | Nov 18, 2015 | news, Uncategorized

Prices in the capital continue to increase but the pace of growth is slowing, says the Office for National Statistics House prices across the UK have risen 6.1pc over the past year, pushing the average cost of a home in London beyond the half-million mark to £531,000....
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