Property

Churchill and the house that saved the world

A short train journey from London, in the outer reaches of suburbia in Kent, sits the house that saved the world. Or rather: it’s the house that saved the man who saved the world. The property in question, of course, is Chartwell, which 100 years ago this month was bought by a certain Winston Churchill, then a Liberal MP. Back then his career was in ascendance: in 1924, with Churchill having crossed the floor, Stanley Baldwin made him Chancellor, a post he retained until 1929. But then, rather suddenly, he was out in the cold. That was when Chartwell – and the 81 acres it sits in – came to

Welcome to Herne Hell, Boris

When I lived in north London as a postgraduate student, my flatmates amused themselves by shouting abusive names at the then member for Henley as he cycled past on his way to the Commons from his house in Islington. But judging by the reaction from my old neighbours in Herne Hill, Boris Johnson is likely to receive an even less affable greeting there. The erstwhile prime minister and his wife have reportedly bought a five-bedroom home in Herne Hill, the leafy liberal, left-leaning pocket of south-east London where I lived for almost 20 years before moving to Norfolk last summer. Since news of their move to SE24 became public, the neighbourhood

Flat broke: my Help to Buy disaster

‘Do you want a cup of tea?’ The surveyor shook his head. It would take me longer to boil the kettle than for him to do a valuation of my 400 sq ft, one-bedroom flat. I paced awkwardly around. A minute later, he gave me the thumbs-up. Valuation complete, he left. I boiled the kettle anyway. Four years after the purchase of the flat, via the ‘Help to Buy: Equity Loan’ scheme, I couldn’t be more desperate to sell. Would I make a profit? I just want to escape its clutches and avoid a loss. Why sell? Let’s start at the beginning. Why buy? Perhaps it was an early midlife

The rise of the ‘neo-Geo’ country pile

The Queen’s wedding gift to Prince Andrew and Sarah Ferguson in 1986 was a brand new 12-bedroom house in the Berkshire countryside. Sunninghill Park was an unfortunate mash-up of architectural styles, from its Tudor-ish chimneys to its vaguely Arts and Craftsy roofline and the monumental columns flanking its entrance. And how we laughed. It was the first time a royal had lived in a new build since Queen Victoria’s son Prince Albert moved into Bagshot Park in Surrey in 1879. The Duke and Duchess of York’s property was instantly nicknamed ‘SouthYork’ thanks to its resemblance to Southfork, the Ewing family ranch in Dallas. Back then, newly built period-style houses were

How to join the Greenwich set

The steamy Netflix period drama Bridgerton might not immediately put you in mind of the Tory inner circle. (Liz Truss for one has professed to be fan of grittier TV dramas such as Scandi crime thriller The Bridge.) Yet the two have some common ground – and it can be found in Greenwich, south-east London. Forget the Notting Hill set of the Cameron era and the Islington mafia of the Blair years. It seems that a verdant corner of the (Labour) royal borough has turned blue, with Truss, potential chancellor-in-waiting Kwasi Kwarteng and former Brexit minister Lord Frost (now tipped to head up the Cabinet Office) all living in the period

The lost charm of London’s St Giles

London’s architectural landscape is changing at such a pace that it’s hard to remember what’s been lost beneath the acres of tarpaulin. Buildings I must have walked past a thousand times and that I could have sworn were important landmarks have been disappearing at an alarming rate. Despite the devastation there appears to be little in the way of pushback from harried, post-pandemic Londoners. How quickly we forget what our eyes once took for granted; the familiar razed without a second glance. The area known as St Giles, just east of Charing Cross Road and south of New Oxford Street, has suffered more ignominy than most. Once a bohemian enclave

The £15m Surrey mansion where Rudolf Hess was held prisoner

The restoration of any run-down English country mansion is likely to involve extensive re-roofing, re-plumbing and re-wiring. Only one, however, is likely to uncover microphone wires hidden deep within walls by MI6, or involve the polishing of a grand, three-storey oak staircase over which Hitler’s top henchman, dressed in full Nazi regalia, tried to throw himself (failing when he got his leg stuck in the balustrade). Mytchett Place, between Ash Vale and Frimley Green in Surrey, is a sprawling 23,000 sq ft Victorian house that has just hit the sales market for £15 million. In recent years used as commercial premises, it’s in need of complete renovation, but comes with

Inside the new commuter belt: from Oxfordshire to Essex

The rise of hybrid working has meant buyers are willing to endure a longer commute so they can have a bigger house. London’s newly expanded commuter belt now includes many locations within a 90-minute ride, which have become hot spots in the ‘race for space’. But access to the capital is still important for part-time commuters – so which areas tick both boxes? For the hybrid workforce, being able to drive 10-15 minutes to a station with regular trains into the capital is key, along with easy access to a motorway or trunk road. Savills analysed 439 commuting stations and found that for those which had a travel time of

The Mayfair mansion that was once the home of Gucci

Minimalists, look away now. With its magnificent 20ft-high ornately plastered ceilings, lashings of gold leaf, bookcases topped by busts of Alexander the Great, Caesar Augustus and Marcus Aurelius – and its role as the global HQ of one of the world’s most glamorous fashion empires – this 14,000 sq ft Mayfair mansion is in need of an owner with a budget as big as their lust for luxe. For sale with a price tag of £55 million, through beauchampestates.com, the palatial Grade I listed Neoclassical Grafton Street house was built over seven storeys between 1769 and 1772 to a design by architect Sir Robert Taylor, whose pupils included John Nash. While

Where to invest on Italy’s islands

A world away from TV dating reality shows, raucous party boats and the VIP areas of nightclubs in the Balearics, the Italian islands are hard to beat when it comes to understated chic. Harder to reach too, and generally more arduous places to purchase a home in, the islands can offer property hunters something special. TV and film producers know this well: picture the Baroque palazzos of Inspector Montelbano’s Sicily, the private beach of Ischia or the winding cobbled streets of neighbouring Procida used in The Talented Mr Ripley. For wild empty beaches, secret coves and quaint fishermen’s houses lining ancient quaysides, the islands in the Gulf of Naples are

How far will house prices fall?

‘Forecasting is a mug’s game’ is a truism attributed to everyone from fantasy author Douglas Adams to former Bank of England governor Mervyn King. It reminds us that commentators should never be smug when they call the near future right, or quick to crow at others who turned out to be wrong. I may have been a step or two ahead of the pack this season on inflation and recession risks and I’ve always said crypto, which we’ll come to in a moment, was the road to perdition. But I confess my record on property trends is frankly lamentable. Way back in the ‘negative equity’ era of the mid-1990s, I

Where to buy along the Elizabeth Line

Finally, on 24 May, CrossRail will open. Named The Elizabeth Line, the stats are extraordinary and impressive. An £18.7 billion infrastructure project for a 62-mile-long railway line with stations stretching from Reading in the west to Shenfield and Abbey Wood in the east. It has taken 20 years to bring the project to fruition with the inevitable overspend running into billions. Once open, it will increase the London rail network’s capacity by ten per cent. Now, if you’re expecting the whole line to open all at once, you’d be mistaken. The central section will open offering a train service between Paddington and Abbey Wood. The Bond Street stop won’t open for another

How controversial was Basic Instinct?

Stone me Boris Johnson threatened to unleash the ‘terrors of the Earth’ on an unidentified Tory MP who claimed that Labour’s deputy leader, Angela Rayner, deliberately crossed and uncrossed her legs to distract the Prime Minister at the dispatch box – in the manner of Sharon Stone in Basic Instinct. But that was just one way in which the 1992 film caused offence. It was also accused of glorifying violence, portraying negative stereotypes of gay people, making smoking glamorous and exploiting Sharon Stone, who later claimed that she had been tricked into removing her knickers for the offending scene. Let us pay How is the cost of living crisis beginning

The dos and don’ts of buying land

You’d be forgiven for thinking that buying land is just the same as buying a house. But, other than the form of contract and the stamp duty you pay, the two transactions have almost nothing in common. When you buy a house, even if it comes with land attached, what you’re really buying is a physical structure with infrastructure (pipes, energy, drainage, and access) and most importantly the permission for that building to be where it is. And it’s that permission that holds the real value. Very often with land you’re either buying hope value or opportunity, an existing income stream and sometimes it’s a financial responsibility. Land may also

Which countries have ditched daylight savings time?

Time for a change A bill before the US Senate would abolish daylight saving time. Some countries which have previously practised daylight saving but no longer do so: – Algeria (last changed clocks in 1981); Brazil (1932); China (1991); Colombia (1993); Egypt (2015); Falkland Islands (2010); Hong Kong (1979); Iceland (1968); India (1945); Indonesia (1963); Iraq (2007); Pakistan (2009); Peru (1994); Philippines (1990); Russia (2014); South Africa (1944); South Korea (1988). Pumped up The price of unleaded petrol reached an average of 165.37p per litre. How does that compare with spikes in petrol prices in the past? Actual price vs price adjusted for inflation (prices per litre except where *

Why second-homers are buying in Portugal

In recent years Portugal’s been pulling away from its image as a place for golf-playing retirees. Now it’s a fashionable and increasingly upmarket destination for home buyers who are drawn by its tax benefits coupled with its unspoilt coastlines and low-octane lifestyle. As of December 2021, there were 42,071 Britons resident in Portugal, according to the SEF, the Immigration and Border Service, the second largest group of foreigners behind the Brazilians. It is extraordinary that although the figure has fallen a little since 2020 – the pandemic has played its part – prior to Brexit, Britons made up only the sixth largest group of foreign residents in Portugal. But the Portuguese

Is the house price boom about to end?

Will the housing market crash? We have been asking the question for two decades now are prices climbed to ever higher multiples of earnings. But apart from a few months in 2008 and early 2009, when prices did slide appreciably, it never seems to happen. Stock market corrections come and go but nothing will seem to dislodge housing from its inflated heights. Having just gone through the most unlikely property boom in history, however – in which prices have surged throughout a pandemic – it is worth asking again. If we really have reached the end of the age of ultra-low interest rates that would remove the engine that has

Inside the Henley town house with connections to Henry VIII

Being Henry VIII’s confessor must have been a nerve-racking job, but it’s one John Longland – who also held the titles Dean of Salisbury and Bishop of Lincoln, and was thus a major ecclesiastical figure of the Tudor era – held with aplomb. Although he was closely associated with influential men (and bigger names) such as Sir Thomas More and Cardinal Thomas Wolsey, his role in one of the most turbulent chapters in British history has secured his legacy, and given him a walk-on part in Shakespeare’s Henry VIII, as well as many a modern-day small screen bodice-ripper. As the famous story goes, when the athletic, handsome Henry became infatuated

There’s more to paint than Farrow & Ball

Hands up if you’ve ever had your house decorated and strategically placed a couple of empty tins of Farrow & Ball Dead Salmon on the doorstep so the neighbours appreciate your excellent taste. It happens a lot, says Henry Prideaux, a London-based interior designer who agrees that a certain kind of paint brand, ‘can appeal for a variety of reasons, whether it is for its environmental credentials, ease of use, or value for money. Sometimes though, it’s a case of keeping up with the Joneses and impressing your friends by using the best and most expensive.’ At £52 for a 2.5L tin, it’s clear that Farrow & Ball has become a dictum

I’m stuck in Surrey, get me outta here!

After most of Islington moved to Wales, it was foolish of me to think about following. But the need to escape from Surrey becomes ever more pressing by the day, with housing developments, racing cyclists and incompetent dog walkers bearing down on us so hard we cannot bear it much longer. The builder boyfriend has almost finished the renovations, with the top floor insulated and made into a storage area. We can’t afford to do the loft conversion for which we have planning permission, so we have lined and presented the space at the top of the house in all its empty glory so that buyers can see the potential