Archive for December, 2009
Property values rise £4 per day in 2009
Thursday, December 17th, 2009
2008 was undoubtedly a torrid year for homeowners. But, property prices have stabilised this year, rising gradually since April after a fairly weak first quarter.
We are still a long way from the values seen before the recession took hold, but the housing market has not worsened in 2009 as some had feared and recovery signs are [...]
Zoopla.co.uk wins Website of the Year award
Tuesday, December 15th, 2009
Thanks to you, we’ve been crowned Best Real Estate Website of the Year at the Website of the Year awards – Britain’s most important people’s choice award for websites.
The full list of category winners can be seen here.
This year, 259 websites were nominated over 18 categories. More than 800,000 votes were cast between November 3 and [...]
Pre Budget Report – the property perspective
Wednesday, December 9th, 2009
The pre-Budget report (PBR) is the Government’s autumn statement about the economy and its future plans for taxes, spending, borrowing and benefits – in this instance look at it as a belt-tightening exercise for the Government in order to halve the current £178 billion deficit!
To put this frightening figure in perspective this is slightly more than [...]
Win B&Q vouchers
Thursday, December 3rd, 2009
It’s been an interesting year for property and we really want to hear your views on the property market in your local area.
So, we’ve compiled a really brief (11 questions) survey that will only take you three minutes, four at a push!
As a thank you for your time, we’ll enter you into a free prize [...]
Dovecots In Dubai
Wednesday, December 2nd, 2009
The other day, I spent some time chatting with an architect from Dubai, who spoke about his home.
I was picturing otherworldly fake islands in the sun, luxurious super-tower residential blocks, and open spaces decorated with beautiful public art all with a sea view. Then he told me some shocking news: they have dovecots there as well.
I have always imagined that the race for rabbit hutches was a British obsession. I remember all those meagre niches where people lived like gulls on a cliff face, to be counted in hundreds of thousands, every bird, every nest looking just the same. Urban dovecots are increasingly discredited, as they do not sell, people hate them, and at the bottom end of the market, are such a bad investment that you might just as well stand on the balcony and shower money down on the people below as expect to make a profit.
And guess what: everybody hates them in Dubai. Nobody bought them, nobody wanted to rent them, and again, the builders had a strange idea of their target market (tiny stupid people as they are the only creatures who don’t need space to live, and were silly enough to pay up?) Then, after a financial trauma so terrible it was like staring death in the face, the developers realised: if people don’t like them – let’s ask them what they actually want. Let’s build flats people actually enjoy living in!
And here’s what residents were found to favour: what are called furniture walls – i.e. walls or partitions where you rest a sofa or put up a picture or two. Separate kitchens, all achieved by wooden partitions, so safety if allowed. The toilet does not open out onto the dining area, but out into a hallway. There should be storage (any of this sound familiar?)
This is just so obvious they might as have said: where does the sun rise? People buy large homes if they can afford it, but the kind of people renting in Dubai, according to my source, are single (or couples with no children) who still like a separate kitchen.
My informant also told me about some earlier mistakes: like the development with a row of three blocks allowing for space, and views and a sense of freedom (until the greedy developers filled in the gaps with yet more apartment blocks, and removed any sense of openness and liberation.)
Developers everywhere should read their red bank statements, count their empty properties, and pacify those angry buy-to-let landlords, furious at being promised a gold-standard money maker (but lumbered instead with a catastrophic ruin waiting to happen.) They should look and listen to all these things and then they ask people, i.e. mostly tenants how they actually want to live, not just put their fingers in their ears and whistle so as to drown out disgruntled investors and miserable tenants. They need to build some nice flats. Honestly, is it really that hard?
In Dubai, they were planning to do exactly that, but they left it too late, and look what’s happening there.
I was picturing otherworldly fake islands in the sun, luxurious super-tower residential blocks, and open spaces decorated with beautiful public art all with a sea view. Then he told me some shocking news: they have dovecots there as well.
I have always imagined that the race for rabbit hutches was a British obsession. I remember all those meagre niches where people lived like gulls on a cliff face, to be counted in hundreds of thousands, every bird, every nest looking just the same. Urban dovecots are increasingly discredited, as they do not sell, people hate them, and at the bottom end of the market, are such a bad investment that you might just as well stand on the balcony and shower money down on the people below as expect to make a profit.
And guess what: everybody hates them in Dubai. Nobody bought them, nobody wanted to rent them, and again, the builders had a strange idea of their target market (tiny stupid people as they are the only creatures who don’t need space to live, and were silly enough to pay up?) Then, after a financial trauma so terrible it was like staring death in the face, the developers realised: if people don’t like them – let’s ask them what they actually want. Let’s build flats people actually enjoy living in!
And here’s what residents were found to favour: what are called furniture walls – i.e. walls or partitions where you rest a sofa or put up a picture or two. Separate kitchens, all achieved by wooden partitions, so safety if allowed. The toilet does not open out onto the dining area, but out into a hallway. There should be storage (any of this sound familiar?)
This is just so obvious they might as have said: where does the sun rise? People buy large homes if they can afford it, but the kind of people renting in Dubai, according to my source, are single (or couples with no children) who still like a separate kitchen.
My informant also told me about some earlier mistakes: like the development with a row of three blocks allowing for space, and views and a sense of freedom (until the greedy developers filled in the gaps with yet more apartment blocks, and removed any sense of openness and liberation.)
Developers everywhere should read their red bank statements, count their empty properties, and pacify those angry buy-to-let landlords, furious at being promised a gold-standard money maker (but lumbered instead with a catastrophic ruin waiting to happen.) They should look and listen to all these things and then they ask people, i.e. mostly tenants how they actually want to live, not just put their fingers in their ears and whistle so as to drown out disgruntled investors and miserable tenants. They need to build some nice flats. Honestly, is it really that hard?
In Dubai, they were planning to do exactly that, but they left it too late, and look what’s happening there.
