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House prices in Balham boosted £415 a day

Property prices in Balham outpaced the rest of London in 2014 with 21% annual growth, according to estate agent Marsh & Parsons’ latest London Property Monitor.  The average Prime London home has risen in value by £95,000 in the past twelve months – however house prices in cheaper...
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London homes ‘earn’ more than a nurse in a year

According to new analysis by the National Housing Federation, properties in 20 of London’s 33 boroughs have risen by more than £35,316 in just one year, meaning that thousands of homes have ‘earned’ more than a nurse earning an average full-time salary. As the chronic shortage of affordable...
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Healthier outlook for Prime London forecast

House price growth returns to a steadier, healthier rate as market stabilises, according to estate agent Marsh & Parsons’ latest London Property Monitor. Quarterly house price growth slowed to 3.1% across Prime London, down from 4.3% in the first three months of the year.
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Mayor should open the door to small builders

More homes must be built in London and greater diversity in the construction market could give the industry a much needed boost to meet the growing needs of the capital. The London Assembly Housing Committee has written to the Mayor urging him to use public sector land to...
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UK house price growth rising out of control

Whilst house prices may have started to slow down somewhat in recent weeks, the rate of house price growth has annually risen by around 11% in the UK. In London it is nearly double that figure, as an influx demand and cash buyers from overseas means that properties...
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London estate agency slams Ed Balls’ Mansion Tax plans

Following Ed Balls’ announcement regarding Labour’s mansion tax plans, Richard Barber, partner at prime central London estate agency W.A.Ellis makes this comment: “Although Ed Balls has attempted to placate voters with an apparent softening of his mansion tax proposals by stating that there must be protections in place...
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London’s rental market should be treated separately

As the Government continues to develop policies that are designed to crack down on soaring rental increases, Belvoir calls for the Government to recognise the polar differences between London’s lettings market and the rest of the UK. “Belvoir’s Q1 rental index reveals that contrary to media reports of...
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Supply surge puts brakes on London’s property prices

The number of new property instructions in London increased 9.5% on April 2014 and 7.2% annually resulting in a steadying of prices and self-correction of the London housing market according to the haart Housing Market Monitor. Conversely the number of new buyers coming to the London market fell,...
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Updated laws for Londoners to let own homes for extra cash

New measures will end outdated rules from the 1970s preventing London residents from renting out their own homes on a short-term basis to visitors, Communities Secretary Eric Pickles has announced. There were nearly 5 million overseas visitors to the capital between July and September last year alone, and thousands...
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London property prices continue to climb

London property prices rose 29.5% annually to an average of £473,500 according to latest figures from haart. UK new buyer registrations jumped 18.7% in a single month in March whilst first-time-buyer registrations across the UK increased 44.2% annually and 17.3% on the month as spring prompted a surge...
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