Despite the recession and sluggish nature of the UK housing market, the property market in prime central London continues to go from strength to strength with record high prices being achieved across the area price.
For example, The Lancasters, a luxury development featuring 77 new homes with views onto, or across Hyde Park, is now 90% sold in spite of the fact that properties in the scheme are now being sold for over £3,500 per sq ft.
The first phase of the £600m regeneration masterplan scheme in South Kilburn, Brent, has been completed by RP Architects, London Borough of Brent and L&Q.
Prospective homebuyers can now see inside the brand new East London development, Vermilion, following the official launch of the building's show apartment on Saturday 8th September.
The new homes at Vermilion is the first phase of the redevelopment of Rathbone Market, one of the East End's oldest markets and the first development out of the ground in the Canning Town and Custom House regeneration masterplan.
New affordable homes in Buckinghamshire
Plans to build up to 800 new homes in Earls Court, as part of the regeneration of the area, is scheduled to get underway next year, after an agreement was finalised between developer Capital & Counties Properties and Hong Kong developers, the Kwok family, to form a joint venture company to work on the scheme.
New affordable homes in Lincolnshire
Plans have been drawn up for the construction of 30 properties, comprising 16 houses, four bungalows and 10 flats - 25 of which are designated ‘affordable housing' on disused farmland near Sleaford, Lincolnshire. Westleigh Homes has been contracted to build the new homes at Manor Farm, on College Road in Cranwell.
An impressive collection of 462 new homes will soon be launched as part of the VIVO development, designed by Levitt Bernstein, in Stepney Green, E1.
The scheme offers a range of one-, two- and three-bedroom apartments, which will be available to buy from mid-September, with the first residents making their moves next spring.
While for many it’s a dream job, sometimes Rhodri Owen ponders whether he made the right career choice by opting to be a TV presenter. Don’t get me wrong, the 39-year old from Swansea loves the variety of his job - he has done everything from travelling all over Europe and beyond on Wish You Were Here? to investigating cold calling on Bafta-winning consumer show X-Ray.
Affordable housing provision should be waived to boost the supply of new private rented housing, according to Sir Adrian Montague's long-awaited review of investment in the private rental market.
Housing minister Grant Shapps has voiced his support for the review insisting that the findings offer both a "blueprint" for achieving the government's goal of increasing the supply of new homes in the private rented sector.
But the report's recommendation has been slammed by some property professionals.