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A Tiny Basement Boiler Room in London Expected To Sell For £250,000

A boiler room in the basement of a block of flats in central London is expected to sell for a staggering £250,000 when it goes up for auction.   The shocking figure - which is enough to buy a HOUSE in most parts of the country - is for the two-room basement which was previously used to provide heating and electricity for residents.   With modern equipment shrinking in size over...

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Is this the Cheapest House in Britain?

                                                                  A three bedroom house with new carpets and outside space has come onto the market for less than most buyers pay as a deposit.   The terrace house, in Burnley, Lancashire,...

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London population surge supporting the luxury property market

  Now home to the largest number of inhabitants in its history, Greater London has undergone a considerable population boom over the past 45 years. A massive influx of newcomers has placed the current supply of available housing under strain, something that has driven prices upwards particularly in desirable areas such as central London. In response, developers are searching out new ways to...

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London Road Fire Station is Finally Sold to Property Giant Allied London

London Road Fire Station has finally been sold to developers - after one of the longest and most bitter heritage battles in Manchester’s history. The iconic building - which has been gradually crumbling for 30 years - is to be transformed by property giant Allied London and renamed the Manchester Firehouse. Its sale has been welcomed with jubilation both inside and outside the town hall,...

Empty Homes Worth £4.3bn Could Ease Housing Crisis

                                                         Bringing unoccupied homes across Scotland back into use could help ease the shortage of affordable housing, a charity has said. Shelter Scotland has estimated that at least 27,000 privately-owned homes are lying empty. But it said government figures showed 150,000 families were on waiting lists. The charity said it had...

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The Only Woman Left on a Derelict Street

Houses on an all but abandoned street in Liverpool are being sold for £1. But 30 years ago it was a vibrant inner-city street,  It looks empty because no-one lives there. Except for Lynda Hunter, her husband George, and another man a little further down the road are Garrick Street's only residents. All the other houses are "tinned up", their windows blocked with metal against vandals. They were to be...

Amnesty from the Australian Tax Office

Australia’s foreign investment laws allow and welcome investor’s to invest in Australian property, but only brand new property - that is, property that is purchased off the plan or property that has never had an owner. Back in May 2015, the Australian Taxation Office (ATO) was instructed to take greater focus on tax evasion by non-residents. This included foreign owned companies operating in...

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Brits Face Little Choice When Buying Property

The total stock of property for sale falls in the UK is at an all time low putting severe pressure on prices that seem determined to spiral upwards. The average annual home price appreciation for England and Wales rises further to 7.3%, driven by lack of supply. For those trying to get on the ladder it could be worthwhile to consider buying property overseas and use this as a base to move onto the UK...

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Answering Common Water Problems with New Homes

You’ll know you have a problem with hard water when you see a build up of lime scale accumulate on the bathroom walls, the sink, and even on your skin. It leaves behind a white, chalky, and crusty appearance that makes the water hard on appliances. Untreated hard water can also eventually clog your pipes, drastically reduce water pressure, and damage appliances over time like the washing machine...

John Lewis preparing to go Dutch

John Lewis is to establish its first ever presence in Europe having identified seven outlets in the Netherlands. Britain’s biggest department store chain will today announce it has teamed up with the country’s leading department store, de Bijenkorf, to open three shop-in-shops by April next year, with the remainder opening by 2017. Andy Street, managing director of John Lewis, told...