Property news roundup: Would you move abroad to improve your family's lifestyle?
Plus Help to Buy in Scotland, Chinese investment in London, and January home price rises
Alex Johnson has been part of The Independent's online team since 2007. He has been writing about microarchitecture on his internationally-acclaimed Shedworking blog since 2006 and is the author of Shedworking: The Alternative Workplace Revolution. His latest book is Bookshelf, published by Thames & Hudson.
Monday 20 January 2014
New research from Lloyds Bank suggests that 35 per cent of "affluent British parents" would consider leaving Britain in the future.
Its survey of British parents with more than £100,000 of investible assets also showed that 45 per cent of parents who have children under 18 and would consider emigrating, say that their family would be the the main reason for the move. A better quality of life for their children, experience of a different culture and helping children learn a foreign language are the major factors. “ Moving abroad is an exciting and often life-enhancing experience," says Richard Musty, International Director at Lloyds Bank. "Our research among expats themselves has always showed that the majority are upbeat about their new lives overseas and think that emigrating has improved their quality of life."
Help to Buy in Scotland
There have been more than 1,200 applications to the Scottish Government’s Help to Buy scheme since it launched in September last year. Latest official figures show that 1,205 applications were received by the New Year and 203 households have so far successfully got a mortgage and bought a new home through the initiative.
Strongest ever start to a new year
Average asking prices are up by one per cent (£2,406), the largest ever January rise in the price of property coming onto market, according to Rightmove - this also means that the average asking price is 6.3 per cent (£14,432) higher than a year ago.
Miles Shipside, Rightmove director and housing market analyst said: "With a very strong start in both the price of property coming to market and the number of people looking at what’s on the market, it suggests that the new year resolution for many is to make 2014 their year to move.”
The report also showed that the average stock for sale per estate agency branch fell to its lowest level since February 2007, from 64 properties a year ago to 58 now, although property commentator Henry Pryor tweeted his reservations earlier today.
Chinese investment in London
Prime Central London estate agency W.A.Ellis estimates that £3.5bn was spent on UK property in 2013 by Chinese investors, partly on the basis that the strength of the Chinese currency means that the cost of buying property in central London is eight per cent cheaper than six years ago. Lucy Morton, senior partner at W.A.Ellis said: "Buyers are increasingly investing south of the river where developments stretching from Vauxhall to Battersea are being snapped up."
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar
A newly refurbished one-bedroom flat in the heart of Mayfair, close to Grosvenor Square
A charming four-bedroom house overlooking Burleigh Square Park, close to Thorpe Bay
A three-bedroom farmhouse with a large inglenook fireplace and exposed beams
A boutique mews house, set around a central courtyard, with three bedrooms and a private roof terrace
A four-bedroom farm-conversion with three bathrooms and two reception rooms
A two-bedroom detached house with ensuite bathrooms and a sun-drenched decked terrace, £750,000
A modern and spacious two-bedroom, penthouse flat with two bathrooms in a prestigious development
A beautifully renovated five-bedroom terrace with three reception rooms and a courtyard garden, £700,000
A four-bedroom period house which has been extended to provide almost 2,500sq ft of living space, £675,000
A pretty three-bedroom Georgian home with a 22ft drawing room and a master suite with a balcony, £525,000
Diving in at the deep end is no excuse for shirking the style stakes
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