Growing demand for luxury city centre living in Liverpool

By Bea Patel, TLE Property Editor and Director of Shop for an Agent Liverpool's overall city centre population rose by 160 per cent between 2001 and 2011. Its younger residents - aged 22-29 -more than quadrupled in number. It has a growing reputation as the start-up capital for the North, based on the entrepreneurial spirit of the city’s community. Santander also opened its first business incubator there in 2014. Liverpool is also home to the SparkUp accelerator programme and Launch22...

London property prices leap into 2016

By Bea Patel, TLE Property Editor and Director of Shop for an Agent There was much talk over the imbalance of supply and demand in 2015. But has much changed as we enter 2016? According to search engine Home, supply of homes on the market has fallen to a new record low despite a small rise. With only 386,000 properties on the market in England and Wales, it's 47 per cent fewer than in 2008. A lack of properties on...

Record year for family-financed property predicted in 2016

By Bea Patel, TLE Property Editor and Director of Shop for an Agent Rising demand and higher property prices make it increasingly difficult for buyers to stand on their own two feet. Indications point to a worsening picture during the next 12 months, despite recent government moves to help first-time buyers, as outlined in the recent Comprehensive Spending Review. JMW Solicitors, a Manchester law firm predict that in 2016, we’ll see a record number of family-funded house moves, as property...

Terry’s Chocolate Works to Re-Open as ‘The Residence’

By Bea Patel, TLE Property Editor and Director of Shop for an Agent The landmark factory building at the Terry's Chocolate Works site in York will re-open next year as ‘The Residence’. Apartments will range from one bedroom to stunning luxury duplex penthouses surrounded in a historic setting. Developers converting the Grade II listed building into unique apartments revealed the new name - The Residence - at an exclusive event organised by Carter Jonas, the appointed agents on the scheme...

The ‘changing face’ of renting in London

By Bea Patel, TLE Property Editor and Director of Shop for an Agent The ‘once upon a time’ dream of growing up, buying a home and then raising a family seems a tradition of the past. Increasing research shows how modern lifetime milestone experiences and expectations are dramatically different to those of a generation ago. The ‘changing face’ of lifetime milestones in the UK and the growing number of Londoners who are celebrating key events in their lifetimes in rental...

Are emerging markets obsessed with Skyscrapers?

By Bea Patel, TLE Property Editor and Director of Shop for an Agent In the past 15 years, London has seen the rise of 23 new skyscrapers (buildings over 350 feet high). New York saw the construction of four towers in 2014 alone, including its iconic One World Trade Center. Impressive as it sounds, in comparison, Shanghai built over 90 skyscrapers and Dubai built 190. What’s interesting is the enthusiasm for building skyscrapers - for city status, increasing residential properties...

London property prices rise almost £5 an hour as Ilford emerges as new city hotspot

By Bea Patel, TLE Property Editor and Director of Shop for an Agent With London prices rising, Ilford seems a key location for future growth. It’s one of the areas included in London Mayor Boris Johnson's recently released 'City in the East' masterplan, which examines factors such as the impact of Crossrail and HS1. Ilford looks set to experience an intense period of change with investors keen to be part of the story. Data from The Land Registry analysed by...

Is ‘Tis the Season to Be Selling?

By Bea Patel, TLE Property Editor and Director of Shop for an Agent As many of us are gearing toward preparations for Christmas, it hardly seems like an appropriate time to put your property on the market… or is it? Surprisingly (or not), more people search online for a new home over the Christmas and New Year period than any other time of year. Families spend time together making plans for the next year and a new home. Rightmove reports,...

What would Monopoly money get you in today’s rental market?

By Bea Patel, TLE Property Editor and Director of Shop for an Agent The world’s best selling board game – Monopoly - is a resident in many of our homes. Rewind to 1935 when the board came out, rental prices in many areas on the Monopoly board was much cheaper than today. Celebrating National Monopoly Day and the 80th anniversary of the game (19 November 2015), comparisons by Weroom of average rental prices on the board compared to 2015 reveal...

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