Property

British expats in the EU fear a stronger euro far more than they fear Brexit

Whenever I return to England from my home in France I am struck at once by the number of grossly fat people of beached-whale proportions, by the almost militant vulgarity of much of the population, and by the shabbiness of the infrastructure. This suggests to me that our deeper problems are unrelated to our membership of the EU, and that we have neither the will nor the ability to solve them. This is not to say, however, that our membership serves our national interest. Brexit is possible, though I confess that I’ll believe it when I see it, given the integrity of our political class. Would Brexit affect my position

Barometer | 18 February 2016

Selling with honesty An Essex estate agent sold a flat in Westcliff-on-Sea for £22,500 over the £125,000 asking price after advertising it with the words: ‘Wipe your feet on the way out…this property is full of rubbish, there is mould on the walls and I think there may even be fleas.’ The original honest estate agent was Roy Brooks, who operated from Chelsea in the 1960s and won fame by describing properties he was selling with such accolades as ‘erstwhile house of ill-repute’, ‘rather theatrical — in keeping with the pretentious style of the owner’ and ‘ten rather unpleasant rooms with slimy back yard’. The latter property, advertised for £4,650,

Investment: Buy to lose

Take a quick look at the UK buy-to-let market and you might find it tough to understand exactly what it is that makes it so very popular. Dealing with tenants is difficult and boring. House prices have a horrible tendency to go down as well as up (Londoners — ask anyone living in the north of England about this). And rents have long been so low relative to prices that getting a worthwhile net yield is all but impossible after costs. Given this, you might wonder, why on earth would 14.5 per cent of all mortgage lending in the UK in the third quarter of last year have been to

Letters | 7 January 2016

A tax on empty dwellings Sir: Both the Conservative and Labour candidates (‘Battle for London’, 2 January) rightly see housing as the big issue in London’s mayoral election this year: Ukip and the Greens would probably say the same. But if one travels along the river at night and observes the large blocks of flats that appear to be almost empty, one wonders if there really is a problem. Anecdotal evidence says that the owners are mostly Chinese (but they could be Arabs, Russians, or others based abroad), who occupy these properties for little more than a week or a month in the year. We who live in London all

Through the roof

When David Cameron said this week that he is worried his children would not be able to afford to buy their own homes, he struck on one of the greatest economic problems of his premiership. The old British promise is that if you work hard and make the right decisions, you can advance in life and own your own home. This is the ladder that most aspire to climb. But for an entire generation, even the hope of home ownership is slipping out of view. A huge number of young Britons cannot hope to have the kind of life their parents enjoyed. The Prime Minister must know he is on dangerous

The plot to save our allotments

Since turning 50 I have become a gardening enthusiast. It started with tomatoes, then spread to raspberries and last year extended to French beans. I’ve now run out of space and was hoping to get an allotment in 2016. They’re like gold dust in west London, but one of the perks of living on my street is that the residents’ association has access to the Goldsmith’s Close Allotments, a two-acre plot abutting the backs of our houses. I put my name down when I first moved in and was optimistic one might become available this year. Imagine my dismay, then, when the chair of the residents’ association told me the

Redecorate the restaurant, but you can’t redecorate the clientele

Forty-five Jermyn St lives in the left-hand buttock of Fortnum & Mason (F&M), a shop whose acronym is slightly too close to FGM (female genital mutilation) for this column to be able to relax there for long periods, even though its Diamond Jubilee Tea Salon is excellent. Its name is part of a vogue for naming restaurants after postal addresses, and even street numbers (Richard Caring’s 34 in Mayfair). This is one of the more idiotic, if less gritty, consequences of the London housing crisis: an address — or even a house number — is a brand. The restaurant named after a postcode — and I suggest TW11 0BA in

High life | 5 November 2015

I have finally moved into my new flat, a jewel of a place in a pre-first world war Park Avenue building. The finishing touches won’t be made until Christmas 2016, as work is only permitted during the two summer months. That is the way it should be. The past three years have been agony for me. I’ve been living in an apartment that shook all day while Jeff Koons, a so-called artist, was putting up a behemoth in the shape of a house directly behind me. Worse, a Russian oligarch, who had hired dodgy construction workers to tear down and rebuild a monument to his thievery, had them ignore night-time

Bring back the bungalow!

Sheila Pugh is 91 and in good health. She lives on her own in Congleton, Cheshire, where she takes pleasure in cooking for herself and moving about the place with a dustpan and brush, albeit a little gingerly at times. She has a private garden with a pond and views over arable land. A lot of her friends and a great number of people of a similar age have had to move into retirement or care homes, cashing in their savings and surrendering their independence in the process. Mrs Pugh’s good fortune and the difference between her and so many other ninetysomethings is simple: she lives in a bungalow. ‘It’s

Struggling to get on the property ladder? Qualifying for social housing may soon be your best bet

That the Conservatives came up with the idea of extending the right-to-buy to housing association tenants was a symptom of their failure to believe they could win this year’s general election. Such an ill thought-out policy can only have made it into the manifesto in the expectation that it could be used as a bargaining chip in the coalition negotiations which were expected to follow. Today, communities secretary Greg Clark announced a significant weakening of the manifesto promise. He said he would consider an alternative scheme put forward by the housing associations themselves, which would exempt many properties, such as those funded by charitable donation. In some cases, tenants may

Last orders | 27 August 2015

Lant Street would be easy to miss, if you weren’t looking for it. Charles Dickens lodged on Lant Street as a child, during his father’s stay in Marshalsea debtors’ prison nearby. The Gladstone Arms is about halfway down, doors open to the narrow street on a warm afternoon in August. Inside, an old man nurses a pint in late summer light that falls through mullioned windows. The grain of the oak floors has a dark patina of London grime. There is nothing spiffed-up about the place. But it’s beautiful, and in decent nick. A black and white cat sits on the piano. This tiny place is also a live music

The presentation of choice

The appallingly bad photograph below was taken on my mobile phone about 15 years ago. It shows the menu layout from the Lisbon restaurant Chapito. I have never seen any other restaurant adopt such an ingenious format. You are given five set menus to choose from (white, yellow, orange, red and green) with a suggested wine for each. But you are perfectly free to substitute any dish from any other menu, or omit a course if you want. It is a brilliant example of what is sometimes called ‘choice architecture’. This format makes it easier to choose what to eat. But it also helps you make a better choice. You

We need a Campaign to Protect Urban England

If a political subject is inconvenient to both Left and Right then the chances are that it won’t get addressed, however serious the problem. And so it has been with house-building; we have a desperate need for more homes in this country, but the Tories don’t want to discuss it because the obvious solution is to build more homes in Tory areas where the locals oppose it; Labour don’t like to because the subject of immigration upsets them. More generally both globalist Left and Right, represented by a spectrum encompassing the Economist, Financial Times, City AM, the Times and Guardian, like the idea of an economic model which depends on

Real life | 2 July 2015

This much I know, I never want to live in an ‘executive home’, and neither do I want to live in a house that belongs to a ‘collection’ of homes that have been built to a ‘high specification’. And which feature bi-fold doors. Quite frankly, having been house-hunting in Surrey for the best part of two years looking for something I can afford, I don’t care if I never see another bi-fold door as long as I live. What’s wrong with a back door with a simple hinge, or a French window? When did we all get so lost up our own posteriors we needed the entire back wall to

The green house effect

I write this half-naked, sucking on ice cubes, breaking off sentences to stick my head in the fridge. In the flat below, one neighbour dangles out of her window, trying to reach fresh air, while another keeps having to go to hospital because the heat exacerbates a life-threatening heart condition. We live in a beautiful new development on the banks of the Thames. Fancy pamphlets in our lobby boast of our building’s energy efficiency. In winter, we bask in a balmy 24ºC, without having used the radiators in two years. The insulation in the walls is super-thick; our energy bills are super-low. But from spring to autumn, whatever the weather,

Which behaved worse: callous Thomas Cook or cynical Barclays?

Which is worse, morally and reputationally — to be Thomas Cook, shamed by its refusal to show proper human concern, for fear of being taken to admit responsibility, over the death of two children by carbon monoxide poisoning from a faulty boiler while on holiday in Corfu; or to be Barclays, fined almost $2.4 billion (heading a list of banks fined more than $9 billion between them for similar offences) for conspiring to manipulate the foreign exchange market over a five-year period? Ethicists could agonise over that one for weeks. But in terms of customer response, it’s clear that the travel agent — whose mistake was not to reject legal advice

Servants of the super-rich

‘Let me tell you about the very rich,’ said F. Scott Fitzgerald. ‘They are different from you and me.’ Indeed they are. They can afford to live in London. Just how different became clear when The Spear’s 500 — ‘the essential guide to the top private client advisers’ — landed at the office. (We assume Spear’s sent it by mistake. We write for love here at The Spectator, and would be insulted if the editor offered us anything so vulgar as money.) Still I was glad to read it. Spear’s paints the best portrait I have seen of a world beyond our means and comprehension. Do you have a starstruck child

Why estate agents aren’t dying out

I don’t like to make business predictions, but — barring some apocalypse — I suspect there will be plenty of estate agents around in 2065, and occupying prominent high-street shopfronts just as they do now. This may seem an absurd prediction: after all, almost no one now uses an estate agent to find a house: we go to property websites instead. And, since we all assume the purpose of an estate agent is to find buyers for a house, a role usurped by Rightmove and Primelocation, we think the remaining days of the estate agency are few. However, perhaps the principal role of an estate agent is not to find

Mansion migrants

This election will see me up all night until the last results are in. It will have me knocking on doors, handing out leaflets and driving old ladies to the polling stations. All this is a first for me — and for the many others I find myself doing it with. Why does this election galvanise like no other? One issue has made it up close and personal — Labour’s mansion tax. As one neighbour canvassing with me yesterday remarked, ‘It is landing us in the shit.’ We are all of a certain age. We range from the comfortably off to the quite poor. We have lived in our houses

In praise of messy old kitchens

‘I love my new kitchen heart of the home let’s fill it with friends happy.’ So says the thought bubble in the current ad for the estate agents Rightmove, part of their ‘Find your happy’ campaign. Don’t even get me started on the lack of punctuation — or the use of ‘happy’ as a noun. What I’m worrying about is the kitchen itself. Glimpsing Ed Miliband’s second kitchen last week, we came face to face with the drabness of today’s hyper-hygienic kitchen. Is the kitchen really ‘the heart of the home’ in Rightmove’s imaginary domestic paradise, or is it in fact one of those spotless, minimalist, metallic kitchens, all hard