Topic
LondonHousing
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Property & Planning · BarnetBarnet residents face higher service charges as leasehold market shifts
More than a third of London’s homes are leasehold, forcing residents to pay an average £3,912 in annual service charges. Barnet Council reports developers are turning to Build‑to‑Rent, co‑living and student blocks, while the city falls short of affordable‑housing goals.
Barnet3 min readTrust 68 · Craft 87 · Hype 45
Property & Planning · BarnetBarnet house prices drop 4.9% as interest rates stay at 3.75%
Barnet’s average house price fell 4.9% over the last year, according to Office for National Statistics data reported by the Standard. The Bank of England’s Monetary Policy Committee kept the Bank Rate at 3.75% on Thursday, meaning mortgage repayments could rise for many residents.
Barnet3 min readTrust 68 · Craft 87 · Hype 35
Property & Planning · BarnetBarnet among boroughs where half of new two‑bedroom homes affordable to young earners
Data reported by the Standard shows Barnet ranks among thirteen London boroughs where at least fifty per cent of newly let two‑bedroom homes would be affordable to two average young earners. The figures underline the pressure on young people facing £979 average room rents and limited supply.
Barnet4 min readTrust 74 · Craft 87 · Hype 35- World
Homeless Families Denied Air Conditioning in Heatwaves
Homeless families in temporary housing were initially denied use of in-built air conditioning at Britannia Point, leading to two children being hospitalised during heatwaves. The building's owner is Criterion Capital, managed by Aura Assets Management, which states the system is now operational.
3 min readTrust 50 · Craft 55 · Hype 35