Property

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

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

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

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

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

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

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

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

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

Wiltshire’s property prices have been given a shot in the arm during the pandemic. It’s one of those desirable rural locations that has suddenly became even more popular as we have veered from daily commuting towards flexible working. Historic towns such as Salisbury, Marlborough and Warminster have been perennial favourites but are attracting buyers looking for more bedrooms (and larger gardens) for their buck, with the low-key villages of bucolic areas such as the Vale of Pewsey and Nadder Valley in demand. ‘Buyers who previously might have been looking in Oxfordshire and Hampshire are now looking at Wiltshire where prices are typically 25-30 per cent less,’ says Mark Lawson of

All the best houses can be found on Rightmove, right? Well, actually no. Increasing numbers of properties are being sold ‘off-market’ in an environment where there’s very little supply and a range of motivated buyers. How can you access these properties if you’re looking to move and how can you avoid getting stung? There are some interesting misconceptions about the way the property market, particularly the residential market, in the UK works. Understanding the competing forces is wise in such a competitive market. Many forget that the role of an estate agent is to look after the interests of the seller, not the buyer. When you see a property online or via

The preponderance of publicity over the last 24 months exhorting Londoners to abandon ship has left some areas of the capital looking like relative bargains or at least lagging behind widely hyped price rises elsewhere in the UK. Indeed, the average property price in Cambridge is now higher than that of the capital. Anecdotally, the stress of moving under duress has meant a significant number of those recently ‘lost’ have now returned to areas like Wandsworth, Hammersmith and Fulham. Many buyers have rented for a time in order to attempt a rural purchase before deciding to return. According to data from propertymark, there were an average of 29 buyers for every available

Bracing sea air, walks along windswept dunes and early-morning dips in the surf …living by the seaside can be just the tonic for mind, body and soul. What’s more, with greater opportunities for remote working, it’s in vogue. According to the agent Knight Frank, the sale of coastal homes increased 19 per cent over the five-year average, in 2021 with the biggest increase in south-east England: 217 per cent. With Sussex spanning the lion’s share of the south coast, it’s often the go-to spot for movers and second-home owners from London, with train journeys between 60 and 90 minutes. But whether you seek sailing, peaceful beaches or the buzz of

Life in the world’s newest republic is sweet. It’s peak season in Barbados, and another wave of Covid hasn’t stopped the rum sundowners flowing on the Caribbean island’s sugar-sand beaches. Given half the chance, many of us might well prefer to spend January wafting between beachfront restaurants and sun loungers, as the packed front-end of planes heading there during December have proved. Many of the island’s predominantly British holiday home owners have been heading to their properties on the West Coast of the island – and there will be no doubt a few villas changing hands too. ‘In the early stages of the pandemic there were a few nervous owners worrying whether

There’s nothing new about having a London pied à terre. For many based in the country yet working in the city having a ‘flat in town’ is a matter of convenience, whilst for those seeking to enjoy theatre trips or other metropolitan pleasures, it’s rather a luxury. Yet it’s been an increasingly expensive to acquire one since April 2016 when a stamp duty surcharge on second homes added an extra three per cent to each tax band, and when last year’s coronavirus lockdown made everyone flee to the country, flats in the capital were cast off rather than coveted. But what a difference a year can make. With the daily commute