Capital's property market still 'restrained'

25 June 2009

Homeowners in the capital may consider adding an improvement such as a bespoke conservatory or glasshouse to their property following recent comments from an expert.

London Central Portfolio chief executive Naomi Heaton explained that while prices were rising, buying activity was still being held back by "timidity and negative sentiment".

She explained, contrary to what is occurring in other parts of the country, it is not the lack of finance that is stopping the residential industry recovering in the capital - but people's risk-averse attitudes.

Recent figures from Savills show prices have increased by 4.3 per cent in central London during the second quarter of the year, although they are still down 19.8 per cent on their peak.

Knight Frank statistics vindicate this, showing values have fallen by 20.1 per cent in the past year.

Homeowners looking to make their property bigger may consider having a roof light installed and renovating the attic space. ADNFCR-1496-ID-19237170-ADNFCR

Homeowners 'should improve exterior first'

24 June 2009
Aesthetically pleasing exterior home improvements like conservatories and glazed extensions may boost a home's appeal - something that Homebuilding and Renovating magazine has said every property owner should concentrate on.The publication's...

Brits put TVs before conservatories

23 June 2009
Holidays and home improvements such as conservatories and kitchen extensions are being put on hold so Brits can afford their TV subscriptions, it has been claimed.A recent study by Legal and General found 41 per cent of UK citizens...

UK homes 'should all have solar panels'

19 June 2009
Homeowners can harness the power of the sun in different ways, with building a conservatory or glazed kitchen extension just two of these.It is another method of utilising the power from the sky that interests the National Energy Foundation...