Directors visiting Singapore 1st to 5th July, Hong Kong 6th to 11th July & Kuala Lumpur 12th to 19th July 2017 – contact our International offices for property seminars & meetings.

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Rental market update at Beaufort Park

Property investment at Beaufort Park, Marc von Grundherr comments

The Beaufort Park branch is continuing to see good demand for rental properties, with enquiry levels up noticeably. The recent completion of apartments at Golding House means properties are letting quickly. One beds are achieving £310 – £340 per week and two beds £370 – £450 per week. Three bed rental values are good and achieving £600 – 700 per week.
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Spotlight On Wapping

Renting in Wapping

The streets of Wapping, which once welcomed commerce from all over the globe, are now providing luxury living spaces for today’s modern wealth creators. Positioned on the Thames, halfway between the City and Docklands financial centres, its relatively small size means that regeneration in Wapping has been swift, effective and efficient. Preserved cobbled streets and historic pubs around the London Dock development lend a certain piratical charm to the neighbourhood and postcard perfect views of Tower Bridge from Wapping Riverside are also a huge draw. Continue reading

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The London rental market – June 2017

In a difficult rental market, experience is key in order to help landlords overcome fluctuations in demand and ensure their property remains tenanted. Demand for rental accommodation in London is good, but it is the accurately priced, well presented properties that are letting well. Many applicants have reached a ceiling in terms of what they can afford to pay for accommodation so we are advising landlords to be realistic about rents.
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Celebrity Moves – June 2017

In 1956, Hollywood actress Grace Kelly married a European prince and all but disappeared from the consciousness of most Londoners, let alone Americans. We now live in an age where celebrities can up sticks and cross the Atlantic without fear of being forgotten by their original fanbase. Thanks to social media, actresses like Meghan Markle will still be known for her TV work as well as her association with Prince Harry. Musicians like Dizzee Rascal are constantly on the move as touring and collaborating are seen as better business models than mere recordings. Even curmudgeonly writers need to go on speaking tours, so it pays for them to be flexible when considering which property to get attached to. The upside of this is that creative people tend to leave a bit of stardust behind them and neighbourhoods as disparate as Primrose Hill and Forest Hill have definitely benefited from their presence. Continue reading

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What’s on in London – June 2017

With London aglow with warm rays and good vibes, it’s time to get out and see what this great city has to offer. Traditional pastimes like dining with loved ones or picnicking with the kids never go out of style, but the cosmopolitan nature of our Capital means that there’s always something new to go with the summer months. Instead of trekking through another gallery, why not check out some of the open-air art found in the various public parks and open-spaces. Going to the park for a jog? Try slacklining or drone racing instead. Yes, they may look respectively like fancy tightrope walking and kite flying, but the technology is what makes them seem so fresh.
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London property: a foreign investor’s view

foreign investor

Brexit jitters continue to affect the UK property market with a significant dip in the value of the pound and domestic investors holding their breath. This has provided foreign investors and landlords with a golden opportunity, particularly those seeking property in Prime Central as well as Greater London. This month, I look at the opportunities and the considerations when investing in London property.
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To commute or not to commute

Commuting has become an inevitable necessity for many Londoners priced out of the central London postcodes. A recent survey of our tenants threw up some surprising results, transport links are quite critical with over two third of the respondents unwilling to live more than ten minutes away from a transport station.
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City living, village feel

The whole concept of a London village might seem like an oxymoron to some, but London is essentially a city of villages, each with their own distinctive charm. Londoners who yearn to experience that laid-back rural lifestyle don’t need to plan a move to the Cotswolds just yet, there are plenty of places in the Capital that enjoy a sense of community and a strong ‘village’ vibe, where residents can experience the best of both worlds, their own little tranquil oasis in the midst of this bustling metropolis. What’s more, they can be transported from the rural idyll to their swanky high rise city office within minutes! Continue reading

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Celebrity Moves – May 2017

Whether its marriage, retirement or a new family addition, milestones rarely come and go without affecting how we regard our living arrangements. What seemed to be a home for life can suddenly become emotionally restricting, even if it has plenty of room. New opportunities can mean new travel arrangements which might bring us into contact with a totally different part of London than we’re used to, which is mostly a positive thing. Even a short move down the road might make us use the park more or take a river taxi for the first time. London has a habit of surprising even its most blasé residents with a new deli, here, or a refurbished piece of history, there.
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The London rental market – May 2017

London Dock development

Although rental demand across London remains high, the market is challenging at the moment against the backdrop of recent political developments such as Brexit and the signing of Article 50, as well as a snap election being called for June. Many tenants are keen to play safe and remain in their current property until the outlook becomes clearer and with many renewing their existing tenancies the market generally is slower than usual at this time of year. Having said that we have seen enquiries picking up noticeably after Easter and new developments in particular continue to hold huge appeal for tenants looking for a new rental home. The most exciting new phases to launch over the last few weeks have been the two new buildings at Nine Elms – Sky Gardens and Ambrose House, at London Dock in Wapping and the latest phases of Surrey Quays and we are pleased to report that demand is high here.
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What’s on in London – May 2017

With the announcement of a general election, one member of the public seemed to echo the mood of an entire nation live on TV. Sure enough, this coming month will be full of hollow promises, on air gaffes and inaccurate polls as the country once again cast its vote. With Brexit rarely out of the news, things might get tactical, leading to some surprise results locally. Don’t expect the political map to change much, though, because irrespective of political opinion, London likes nothing better than to get on with business.
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