Category Archives: London Property News

London has highest concentration of property millionaires

Almost two thirds of the country’s property millionaires are based in London, with the equivalent of 100 created in the capital every day last year, according to a study. A total of 182,583 people with homes worth more than £1million read more

London homeowners earn £28,000 in 2012

London homeowners continue making a profit  thanks to the increasing value  of their properties in 2012. London homeowners are set to receive a £28,000 Christmas present from the rising value of their property this year, new figures show today. The read more

Buying a house £200,000 cheaper than lifetime of renting

Young people locked out of home ownership will spend nearly £200,000 extra over a lifetime of renting rather than buying a house, according to Barclays’ research. Barclays’ calculations show that the costs of buying a house, paying the mortgage on read more

Business Is Booming In The London property market

In the UK, the buy-to-let market is booming. According to research from estate agent Savills, the number of UK households privately renting property jumped by 50% in the five years to the end of 2011, reaching 4.8m in the London property market. read more

Growth in London property market

UK house prices rallied during 2012, pushed up by the exceptional performance of London property market, the South East and East Anglia with average asking prices up 2.4% on last year. The data compiled by Home.co.uk from its own figures, read more

London: Shard inauguration and opening details

At the Shard inauguration skyscraper in London, the new landmark’s architect and investors outline their vision for its future. With external work on the Shard now complete, the controversial development has reached its complete height of 1016ft (309.6m) and the structure’s current silhouette read more

London 2012 Olympics: Sheep, farmyards and even fake RAIN as olympic stadium becomes home to rural idyll for spectacular opening show

The Olympic stadium will be turned into an idyllic scene of the British countryside for the Games opening ceremony with rivers, real cows and sheep grazing in meadows and a cricket match on a village green. The transformation of the read more