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News

Essential news affecting the world of property

Housing Affordability Declines Fastest in London

March 17, 2017

17 March 2017 Over the past two decades housing affordability has declined fastest in London according to the Office for National Statistics. Kensington and Chelsea was the least affordable local authority where house prices were 35.8 times annual earnings. More

City of London Corporation and the Mayor of London Contribute £180m Towards the New Museum of London at West Smithfield

January 24, 2017

City of London Corporation and the Mayor of London Contribute £180m Towards the New Museum of London at West Smithfield 24 January 2017 The Museum of London confirms that it has raised £180 million towards its target of £250 million to create a new Museum of London at West Smithfield. The funding is provided by the City of London Corporation and the Mayor of London, and follows the appointment of architects Stanton William and Asia Khan. More

Chinese Investment of £1.7bn to Develop the Royal Albert Docks

November 10, 2016

10 November 2016 The Chinese developer ABP is to invest £1.7bn to develop the Royal Albert Docks over the next eight years. The investment in the 35 acre site was originally announced in 2013 and is expected to crease 30,00 new jobs. More

Mayor of London Approves 10,000 New Homes at Barking Riverside

September 6, 2016

6 September 2016 A masterplan to provide 10,000 new homes, on a site that previously housed power stations and landfill in Barking, has been approved. The 180 hectare site on the north bank of the River Thames will have a target of 50% affordable homes. Mayor of London More

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