We can’t all live in a palace but when it comes to planning the urban housing of the future, one grand example shows us that well-maintained buildings with flexible units for rent that can appeal to tenants of all ages could be the solution. Build enough of those and many more of us could live like royals. Prince Harry and Meghan Markle's current abode is in a carved-up old house that accommodates an extended, multigenerational family ranging in age from Princess Charlotte at just two years old, to the Duke of Kent at 82. Soon to be wed: Prince Harry and Meghan Markle in the Sunken Garden at Kensington Palace (PA Wire/PA Images) It’s true that Kensington Palace is not your average London estate. But it represents a type of shared accommodation that could be a model for the urban housing of the future. Eugenie, the Queen’s sixth grandchild, moved into Ivy Cottage with her fiancé Jack Brooksbank from the four-bedroom apartment she shared with her sister Beatrice at … [Read more...] about is Harry and Meghan’s marital home at Kensington Palace part of the poshest ‘public housing’ project in Britain?
Building 3 bedroom house average cost
SECOND steppers are being forced to put their lives on hold as they struggle make the next step on the property ladder. These "second steppers" are generally couples and young families who are looking to swap their first-time buyer homes for one with more space or in a different area but are unable to move due to rising house prices, stamp duty and a stagnant property market. Yesterday, Halifax reported the biggest monthly decline in house prices for seven and half years, by 3.1 per cent in April. But over the last year, prices are still up 2.2 per cent, according to the UK's biggest mortgage provider. The bigger problem for homeowners - those who are lucky enough to have a foot on the ladder - is the lack of homes available to buy. Recent research by Nationwide Building Society found that a fifth of second steppers said that they have found themselves stuck in a house that is too small for their family or in an area they don’t like due to housing affordability. Even though … [Read more...] about Homeowners unable to move up the ladder due to rising house prices, stamp duty and a lack of housing
Look at what’s happening in Mansfield! We often hear concerns that Mansfield is becoming a “ghost town”, shunned by new businesses and investors. However, there is lots going on in our town – with thousands of jobs and houses set to be created. BUSINESS AND EMPLOYMENTDid you know Mansfield is in the top 10 locations to start a business in the UK and that 12 of the UK’s top 200 companies are based in the area?The district came ninth out of the 63 largest UK towns and cities in a recent study by Informi, a website offering advice and support for small businesses.Informi’s research followed another study by the University of Derby and leading tax advisory company KPMG which looked at company turnover and highlighted a number of local success stories in its top 200 companies.Mike Robinson, director of economic growth at Mansfield District Council, said: “Mansfield is a great place to set up a business and the council is very supportive of both … [Read more...] about Lots to smile about as thousands of jobs and new houses are on the way to Mansfield
Building houses of “the right type and in the right place” is a critical factor in addressing the growing void between prices and the average income of residents in a Yorkshire spa town, according to its MP. In Harrogate, the affordability gap continues to be substantial with average house prices costing more than 11 times the typical earnings of the town, according to the National Housing Federation.With an average house price of £330,182, homes in the area now cost 11.3 times the average income.And according to the Yorkshire Home Truths 2017/18 report, between 2012 and 2016, 1,373 too few homes were built in the town.Harrogate and Knaresborough MP Andrew Jones said: “Harrogate is an attractive place to live; houses here are in high demand and have been for many years. The difference, therefore, between incomes and house prices in Harrogate is a well-known and longstanding problem. It is one which can be addressed by building more houses. “However, those … [Read more...] about Young families need houses, says Harrogate MP
The stats are in and they're not pretty, at least as far as renters' wallets are concerned. Sweden's tightly controlled rental market means that there's often a long wait to get your hands on a first-hand contract, leaving people battling to get their hands on a second-hand subletting lease. One of the most popular market places for that is buy-sell site Blocket, which reports that in 2017, some 67,000 subletting listings for home rentals across Sweden were posted to its site. The website noted in a report about second-hand rental prices published on Friday that not only were there more homes for rent, but they were more expensive too – on average six percent more costly than they were in 2016. READ ALSO: How to navigate Sweden's crazy rental market A spokesperson from Blocket suggested that a general slowdown in the housing market at the end of 2017 translated into more expensive rentals. "There are probably a lot of people waiting to sell their home … [Read more...] about Here’s how much it costs to rent an apartment in Sweden’s biggest cities