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London Building UP

The Times has reported (06/03) that the number of skyscrapers in the Capital is set to double by 2030.  A great sign of institutional and corporate confidence in the housing market.

A skyscraper is named accordingly if it has 20 or more storeys.

In the past 5 years, 147 towers have been built across London, with a total currently in the capital of 360.

Another 541 are in the pipeline:  currently 121 are under construction, 291 have been granted planning permission and 129 are in the planning process.

Ealing Borough is leading the way with 24 planned, an increase of 1100% given we have only two at the moment that are deemed 'skyscraper'.

A reported shortage of housing is driving the surge in construction.  Ealing’s construction of skyscrapers appears dominate in North Acton near the station and around Portal Way and towards Hanger Lane.

Donald Collins, Sales Director, comments: “At this rate, London will soon have over 1000 sky scrapers, with tight regulations surrounding green belt land in and around the M25 and the demand for central London living it is no surprise that developers are building up.

“As with all developments though it’s important the mass and density of the developments reflects local architecture and the ambience of the area.  These schemes we always tend to find perform best from a selling viewpoint too.

“This news also reflects institutional and corporate confidence in London’s property market both from a commercial and residential perspective.”

London Building UP


Other News

Important Capital Gains Tax (CGT) change

Important changes are coming to Capital Gains Tax (CGT) from the new tax year that clients should be aware of. From 6 April 2020, CGT incurred following the disposal of a residential property will have to be paid within 30 days of the completion date. At present tax payable is due by 31 January following from the allotted tax year. (Previously if you sold a property on 1 May you would have 20 months longer to pay the tax due). Furthermore, Private Residence Relief will be eroded from 18 months to 9 months (it was 36 months in 2014), and Letting Relief will only count if you were having a lodger in the period of question as opposed to renting the property out completely. Call us on 020 8992 0333 or email sales@goviewlondon.co.uk if you would like to discuss your options.


Happy New Year

Our community work reached new levels in 2019, and we are delighted to support a wide range of  community organisations and initiatives .


Sold Success Video

We are delighted to showcase this short video, underlining our success in the sales market this year.