London most cost-effective university city
Cost conscious students will be interested to know that London is the most cost-effective city in which to study in the UK, while York is the least cost-effective for the second year in a row, according to NatWest.
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Top 20 hotspots for home theft insurance claims revealed
People in London are the most likely in the UK to make a claim for theft on their home insurance policy, despite a Manchester postcode taking the top spot for the area where the highest proportion of theft claims are made, research from moneysupermarket.com found.
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London homebuyers pay premium to live close to a tube or train station
A London homebuyer will pay a £20,000 premium for property 500m from nearest station (compared with a similar property 1,500m from station) research from Nationwide reveals.
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London’s best houses have increased in value by 20%Overseas buyers now account for over 50% of all prime London residential purchases, and in the £5m+ sector they account for over 68% of all buyers, Knight Frank reports.
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US bankers’ return boosts rental prospectsUS bank employees are among the rise in corporate tenants making a timely return to the market, according to property consultant Cluttons, offering a boost to landlords following George Osborne’s emergency Budget.
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Prime London price growth stalls but rental growsPrime central London residential property price growth has slowed almost to zero over the past three months, a dramatic slowdown after four consecutive quarters of growth, according to latest analysis from property adviser, Savills.
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London Assembly to assess affordable housing
A new investigation by the London Assembly’s Planning and Housing Committee will assess the outlook for the future provision of affordable housing in the capital and the social impact of failure to meet the assessed need for affordable homes.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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