South West and West London are set to lead a recovery in the capital's Prime property market, as demand for family homes in the popular suburbs drives up prices, according to Primelocation.com.
Traditionally popular with families, the West and South West suburbs of London have weathered the downturn well. Sustained demand for prime property in areas such as Chiswick and Wimbledon, which offer attractive and secure living environments in leafy 'village' locations, as well as excellent schools and amenities, has prevented prices from falling as far as in other regions.
Tuesday, 22 September 2009
Tuesday, 15 September 2009
Guinness World Record Attempt at Chiswick Park
Chiswick Park will be setting up the first ever Guinness World Record Recycling Relay event as part of a afternoon of recycling initiatives on Friday, September 4.
Office workers will be registering to compete in teams of two to become Guinness World Record holders. Over the course of two hours, teams will complete at recycling the same bag of recyclable items such as plastics, paper and metal.
A Guinness World Record adjudicator will record each team's time taken to recycle the materials and the winner will be presented with their very own Guinness World Record.
Chiswick/Houselow Chronicle
Office workers will be registering to compete in teams of two to become Guinness World Record holders. Over the course of two hours, teams will complete at recycling the same bag of recyclable items such as plastics, paper and metal.
A Guinness World Record adjudicator will record each team's time taken to recycle the materials and the winner will be presented with their very own Guinness World Record.
Chiswick/Houselow Chronicle
Wednesday, 15 July 2009
Tuesday, 2 June 2009
Halifax Index Confirms Lowering of House prices
The recently released Halifax house price index has confirmed that valuations are coming down.
According to the index, house prices are now 4.26 times the average UK wage - the lowest ratio since 2002 and a drop of 27 per cent from the peak of 5.84 in July 2007. Mortgage rate cuts are thought to have been a key factor in boosting affordability, although mortgage approvals remain at historically low levels. But potential buyers are being advised to hold off for just a short while longer as the ratio falls further.
Housing economist Martin Ellis said: "Rising unemployment, low consumer confidence and the reduced availability of credit are all expected to exert downward pressure on the housing market over the next few months. "As a result, further house price declines are likely." House prices declined by 1.7 per cent in April, slightly less than the 1.9 per cent fall in March.
The UK average price of £154,716 has returned to where it was five years ago in April 2004 (£154,511). The Government's pledge to raise the Stamp Duty threshold from £125,000 to £175,000 has helped more than 45,000 homebuyers since last September.
But its effect has been less substantial in London where only 18 per cent of total sales were below £175,000 between September 2008 and January 2009, compared with 79 per cent in the north.
According to the index, house prices are now 4.26 times the average UK wage - the lowest ratio since 2002 and a drop of 27 per cent from the peak of 5.84 in July 2007. Mortgage rate cuts are thought to have been a key factor in boosting affordability, although mortgage approvals remain at historically low levels. But potential buyers are being advised to hold off for just a short while longer as the ratio falls further.
Housing economist Martin Ellis said: "Rising unemployment, low consumer confidence and the reduced availability of credit are all expected to exert downward pressure on the housing market over the next few months. "As a result, further house price declines are likely." House prices declined by 1.7 per cent in April, slightly less than the 1.9 per cent fall in March.
The UK average price of £154,716 has returned to where it was five years ago in April 2004 (£154,511). The Government's pledge to raise the Stamp Duty threshold from £125,000 to £175,000 has helped more than 45,000 homebuyers since last September.
But its effect has been less substantial in London where only 18 per cent of total sales were below £175,000 between September 2008 and January 2009, compared with 79 per cent in the north.
Tuesday, 12 May 2009
Chiswick Apartment Building For Sale
Kew Bridge Court
Chiswick High Road
London
W4
Net Saleable: 71511 sq/ft*
£ 50,000,000 Freehold
Kew Bridge Court comprises 94 self contained residential units within 5 low built blocks set over ground to second or third floors; there are 12 x 1 bedroom flats, 74 x 2 bedroom flats and 8 x 3 bedroom flats. All of the apartments have been refurbished to a high standard within the last twelve months and are fully furnished in a contemporary style. Many of the apartments benefit from en-suite bathrooms to the master bedroom and the majority have balconies or patios. The site benefits from 104 off street parking spaces and landscaped communal gardens.
This unique site area covers 2.2 acres and is set behind electronic gates and the buildings are set well back from the road. There is a plot of land at the rear of the site which has potential for a small block of flats, subject to the necessary consents.
Kew Bridge Court is located moments away from the River Thames as well as Chiswick High Road with its selection of shops, bars and restaurants. With easy access to the M4/A4 via the Chiswick roundabout, Kew Bridge national rail with services every 15 minutes to Waterloo, and Gunnersbury Tube (District Line) within 8 minutes walk, Kew Bridge Court has excellent transport links.
Paramount Investments
150 West End Lane
West Hampstead
London NW6 1SD
DDI: 020 7644 2307
Fax: 020 7604 3457
Mob: 07949 175 280
Web: http://www.paramount-investments.co.uk
Blog: http://uk-pubs-for-sale.blogspot.com/
Wednesday, 6 May 2009
Letting Agents Regulation and Landlords Licensing
It has been reported that the Government will introduce a Green Paper in the next 10 days that will require all Landlords in England and Wales to be licensed. Previously, landlords of three storey properties which have 5 or more separate non related tenants have also been required to obtain a license (such as student houses). Landlords in Scotland have been required to hold a license since 2006.
The plan is that all private sector residential Landlords will be expected to pay an annual licence fee of around £50 in an attempt by the Government to stamp out poor Landlords who do not comply with safety regulations. It is not clear what the fee is supposed to cover.Will a certificate will be necessary for individual properties? Will Landlords will have to submit gas safety certificates along with license application, like an MOT for car tax?
What is clear is that the legislation will be introducing a whole new layer and department of bureaucracy for the letting business.It is likely that the formality will deter smaller and one off investors in buy-to-let market, and pass on more expense to the tenant at a time when tenants are in more debt than any time in the last 20 years.
The Residential Landlord Association is also expecting the license to be accompanied by the introduction of a statutory regulator for Letting Agents to tackle rogue agents. This measure is not expected to be an issue; most good letting agents will already provide redress for all their activities.
The plan is that all private sector residential Landlords will be expected to pay an annual licence fee of around £50 in an attempt by the Government to stamp out poor Landlords who do not comply with safety regulations. It is not clear what the fee is supposed to cover.Will a certificate will be necessary for individual properties? Will Landlords will have to submit gas safety certificates along with license application, like an MOT for car tax?
What is clear is that the legislation will be introducing a whole new layer and department of bureaucracy for the letting business.It is likely that the formality will deter smaller and one off investors in buy-to-let market, and pass on more expense to the tenant at a time when tenants are in more debt than any time in the last 20 years.
The Residential Landlord Association is also expecting the license to be accompanied by the introduction of a statutory regulator for Letting Agents to tackle rogue agents. This measure is not expected to be an issue; most good letting agents will already provide redress for all their activities.
Friday, 31 October 2008
Lettings Agents in Chiswick: Lettings in London W4
One of the most upmarket and fashionable suburbs of London, Chiswick with its leafy environs makes it a popular area for families and individuals seeking some greenery. Transport is excellent with easy access to the M4, Heathrow Airport and tube stations close to the town centre. There is a wealth of places of historical interest, including Chiswick House. Chiswick High Road is known for its restaurants and pavement cafes giving the area a cosmopolitan feel. Shopping facilities include high street retailers alongside quaint boutiques. Green open spaces are plentiful including Turnham Green and other centrally located parks.
Subscribe to:
Posts (Atom)
