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City A.M.

Opinion: Important advice for the Bank of Mum and Dad – do your research and think about what your child wants, too

Rising house prices, together with stagnated salary inflation, have meant that more first time buyers are struggling to afford to get onto the property ladder, particularly in London where Hometrack data shows current property values are 85% higher than they were eight years ago. As a result, the “Bank of Mum & Dad” has become much more prevalent in helping their offspring onto the ladder, with the average hand out per child in London amounting to £24,800. So far this year, 20% of our clients have been buying for their children and we predict that this will increase by 10-15% over the next two years.

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‘Look at the property’s value in 2014, take off the additional Stamp Duty, and use that as a benchmark’ – Black Brick

Thing are looking up in the Prime Central London property market, says Black Brick boss Camilla Dell, despite all the uncertainty swirling around the General Election and Brexit negotiations.

Property Wire

More realistic prices sees pick up in central London prime property market

Sellers and estate agents in the prime central London property market are being more realistic with asking prices and as a result there is movement in what has been a stagnant market.

City A.M.

Focus on Marylebone: No longer a modest pocket of London, W1U is now as expensive as Mayfair

It’s hard not to think about the Monopoly board when considering what the most salubrious areas are in London. Park Lane and Mayfair may be the highest prized, but in reality, they’re being outstripped by a train station.

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Developers appeal to culture vultures by building theatres right next door to home

There are many reasons for buying a home: location, size and lifestyle all spring to mind. But equally important, though more elusive, is a sense of community. For Sarah and Justin Savage, who work in the theatre industry, that comes from a vibrant arts scene with pop-in-for-tea neighbours and a friendly local.

City A.M.

Focus on Clerkenwell: The City’s cooler cousin is celebrating its Design Week and anticipating price rises after Crossrail

From 23-25 May, Clerkenwell Design Week will be upon us again. The annual event, with its artisan furniture makers and 3D-printing architects, will be the eighth celebration of the area’s transformation from post-industrial, City backwater to the home of more creative businesses and architects per square mile than anywhere else in the world.

Ham & High Property

Camden named amongst top five property investment hotspots, but London prime property market remains hard to predict

Barclays report names Camden as an investment hotspot for HNWIs for the next five years, with average house prices set to rise almost 34 per cent by 2021. But can we predict the result of next week let alone five years into the future?

Evening Standard

Sealed bids and gazumping return to central London in boost for property market

In its heyday, dukes, dandies, artists and politicians all lived and socialised in St James’s, London. The district, convenient for both St James’s Palace and the Houses of Parliament, was the height of fashion. Gladstone, Sir Isaac Newton and William Thackeray all lived here.

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Virtual reality tours for house hunting? We aren’t convinced!

Estate agencies are spending tens of thousands of pounds developing virtual-reality tours of high-end properties, so buyers can privately gaze at the interior of immaculate homes, including those yet to be built, in their own time.

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What to look out for when you’re buying a new build property in London

As property advisors, we are often asked what is the best kind of investment in London – a new build property or an older style or period property?

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Yes, you can have a ‘glam room’ like Melania

A dedicated space for doing hair, nails and make-up is becoming a must-have in high-end homes
Donald and Melania Trump have been handed the keys to the White House. This means that, in keeping with tradition, the Trumps are allowed to make changes to the property to meet their family’s needs.

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Ten places where house prices are set to rise

Some locations are defying a downbeat Brexit market — with revived urban areas leading the way even at the best of times there are no sure things in property — and with political and economic uncertainty as a backdrop, coupled with tax changes that have hit many buyers hard, this is far from the best of times. Nonetheless, there are silver linings amid the dark pall that has hung over the market since last spring.