Commuter belt house prices have rocketed by as much as 22% in the past year but there's little movement in Kensington and Chelsea.Read the full story ›
In another reminder of the capital's housing crisis, a 3 metre by 4 metre room has gone on sale as a buy to let rental opportunityRead the full story ›
A dilapidated bungalow in Peckham has sold at auction for £920,000 - £330,000 above the guide priceRead the full story ›
As house prices in London reach an all-time high, the average property could come with a price tag of £1 million by 2020.Read the full story ›
New research suggests that Londoners often pay twice the price for their houses compared to those who live a short commute out of the cityRead the full story ›
First time buyers in London now need an average annual income of £77,000 - nearly double the amount required in the rest of the country.Read the full story ›
There's been an increase in the number of first time buyers entering the London property market. Marsh & Parsons' latest London Property Monitor shows they account for 28% of purchases in the three months to March 2015, up from 21% in the previous quarter. Investors account for 29% of sales. It also found one-bedroom properties have risen in value by £75 a day over the past year.
A group of tenants are to move into a block of luxury flats in central London for just £153.50 a week in rent.Read the full story ›
Research into property prices has found London has more areas with an average price of more than £1m than anywhere else in the UK.Read the full story ›
London home buyers are feeling the housing crisis more sharply than anywhere else in Britain. The Chartered Institute of Housing found that 76 per cent of people in the capital believe there is a housing crisis in their local area. 81% of Londoners said there is a housing crisis in Britain.
"As our poll shows, this sense of crisis is most strongly felt by people in London, where prices are highest. Many areas are well on the way to becoming out of bounds to all but the very wealthiest households - if things carry on as they are ordinary people will simply not be able to afford to live in many areas of the capital."