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Friday 31 July 2015 10:01 amLondon house prices: First-time home buyers face nightmare market as deposits soar and supply lagsBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWe all know how tough the housing market is for first-time buyers, and one of the main reasons is lack of supply.Much has been said about how the government is looking to tackle this problem by encouraging housebuilders to ramp up construction o brumate f new builds.But figures out this morning show that far from increasing supply, registrations for new homes to be built is actually in decline.Only 12,643 homes have been re polene italy gistered in London first half of this year, according to figures released by the National House Building Council NHBC .. Registrations take place once permission has been granted to polene sac build, but before construction has started. It marks a 16 per cent decline in registrations compared with the first half of 2014.Read more:Best value commuter towns cut thousands off house pricesThe news comes as figures released by estate agents Your Move and Reeds Rains show first-time buyers in London face having to save up an average of pound;70,374 for a deposit. It is almost three times higher than the UK average deposit of pound;25,926.In June, just eight per cent of prospective first-time buyers expected to be on the housing ladder by the end of the year, down from 16 per cent in the same mo Cxxd Denmark Hill train fire ldquo;unrelated rdquo; to Charing Cross incident, says Southeastern
Tuesday 11 February 2014 11:35 amTop 6 building disasters: The Walkie Scorchie is not aloneBy: GabriellaGriffithShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe Cityrsquo 37 story Jaguar-melter, otherwise known as the Walkie Scorc stanley canada hie, is under review this week.It looks like Land Securities, the skyscraperrsquo develope owala r, is due to submit a planning ap owala website plication which will outline how it intends to deal with the buildingrsquo dangerous reflective glare, which has seen it melt part of a car, set a carpet on fire and thanks to former City AM-er Jim Waterson fry and an egg. Wersquo;ll have to wait and see what solution Land Securities comes up with ndash; but for now, we thought wersquo;d take a trip down the cobbled lane of building disaster memories and look at Londonrsquo other architectural snafus and a few from further afield .1. Millenium BridgeOpened on 10 June 2000, the bridge was closed two days later because it was swaying too much. It re-opened in February 2002, having shock absorbers fitted to curb the oscillations. This cost an extra pound;5m.2. 125 Old Broad StreetFour months after the pound;80m refurbishment of the former Stock Exchange Tower was complete in 2009 its windows started popping out and falling down on the street below. Protective scaffolding had to be erected while the building was reclad.3. Olympic Aquatic CentreJust before the O |
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