Friday, September 22News For London

Housing

Olympic Legacy: Gold and Dust

Olympic Legacy: Gold and Dust

#breakingnews, Culture, economy, Environment, Housing, News, Politics, Radio, Sport, Transport
From July 25 to August 12, London hosted the XXX Olympic Games. The event was introduced by local and national authorities as an unmissable opportunity to transform the city. East London was to become a symbol of the city of the future, with affordable homes, open green spaces and sustainable means of transport. The Queen Elizabeth Olympic Park was designed and built in a huge junction between the London Boroughs of Hackney, Newham and Tower Hamlets. Massive public investments were promised to provide the communities with social, cultural and sporting facilities. An old, traditional and active industrial area was evicted. Following a controversial compulsory purchase, dozens of businesses were forced to leave and hundreds of neighbours were relocated. Around £10bn were spent. Fi
Four alternative ways of living in London

Four alternative ways of living in London

Culture, Experience, Galleries, Housing, Media, News, Social media
With the cost of rent skyrocketing out of reach for many living in the capital, four Londoners have managed to find affordable ways to live that could prove to be viable solutions in the urban housing crisis.  Meet David, a Scottish bus driver. David has endured great instability in his life over the last year. After getting deported from Canada, David found himself homeless in the UK. Until now. David just moved into his new home in a converted shipping container in Walthamstow. This affordable housing project, mYPad, is the brainchild of the YMCA. The mYPad project, as David explains, is about “moving in people and enabling them to save money to move on.” David is not alone. According to Crisis.org, the affordable housing shortage in London has left over 8,000 people “sleeping ro
Are people deserting London amid acute housing crisis?

Are people deserting London amid acute housing crisis?

#breakingnews, Housing, Media, News, Social media
Northern regions of the UK are becoming a better choice than London for UK property investors, revealed a report on Friday. Hometrack report stated that England’s northern parts such as Manchester have a better prospect for capital growth. According to Hometrack’s UK Cities Index, there was a decline in the headline growth for London, which is now 6.9% down from 7.2% a month earlier. The figures were much higher a year ago with an index of 7.9%. Manchester has registered one of the greatest uplifts outside of southern England, with an increase of 8.3% last year. This, in comparison to the London figures, is more welcoming for property investors across the country. Ged McPartlin, sales director at Ascend Properties, told Property Investor Today, “For years we have stressed that the M
Hard Brexit could cause a severe housing crisis in London

Hard Brexit could cause a severe housing crisis in London

#breakingnews, EU referendum, Housing, News, Politics, Social media
 A 'hard Brexit' can have a crippling effect on London's housing crisis, Sadiq Khan reveals. According to a paper published by the Mayor, one in four construction workers in London are from the European Union and therefore face an uncertain future of their working titles in the UK. The mayor of London warned that due to the upcoming Brexit, UK could lose skilled workers and this could have a “seriously detrimental” effect on thousands of houses that Londoners need. “London is in the grip of a serious housing crisis. While we are working to train up more Londoners to have the skills to work in construction, you can’t escape the fact that a ‘hard Brexit’ could leave a quarter of the skilled construction workforce in the capital high and dry,” he said. The Evening Standard reported t