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London and its hidden rivers

29 September 2014

Should someone ask you to name all the rivers in central London, the first answer would might be a list of just the one; namely the Thames. However there are in fact many more rivers than this but almost all are now underground and not visible from the surface at all. The rivers include Stamford Brook, Counters Creek, Falcon Brook and River Fleet to name just a few. Focusing on one in more detail, River Fleet is the largest of London’s hidden and underground rivers and is the source of the name Fleet Street, not the other way...

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Scottish Independence Referendum Impacting Sale and Rental Prices

24 September 2014

With Scotland voting to remain part the United Kingdom and not seek independence the country’s property market is set to experience a burst of activity. With some predicting that a rise in sale volumes may also help reduce rising rental prices. Uncertainty over the result of the vote and the economic impact of a ‘Yes’ to independence had put a significant dampener on property sales over the summer, with the market virtually static. A number of Scottish estate agents reported that some purchase contracts even made completion contingent on a ‘no vote. But with a clear 55% of...

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UK home rental price growth easing but only after large increases

16 September 2014

Rental price growth across the UK eased in August, with every region seeing smaller rent increases than in previous months, according to the latest index. The average rent in the UK now stands at £921 a month, compared to £851 a year ago, according to the data from the August HomeLet Rental Index, the largest monthly survey of private tenants in the UK. The average monthly private rent in London stood at £1,464 and in the rest of the country £729 although some regions that were previously showing high growth month on month have fallen and in...

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Prime central London rental market continues to increase

10 September 2014

The prime central London rental market continued its recovery in August as uncertainty surrounding next May’s general election turned more prospective buyers into tenants, a new report suggests. It is not happening to any significant degree but a growing number of buyers are adopting a wait and see approach regarding the next 12 months as growth slows in the sales market, says the report from international real estate firm Knight Frank. For the same reason, sellers are increasingly exploring the possibility of becoming landlords in the short term, the report explains. ‘Price growth is slowing due...

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