London 2017 where to buy




















Catford borders Lewisham to the south and is, by and large, made up of long, tree-lined avenues of late-Victorian homes of all shapes and sizes. But with the Hertford Canal to the north, the River Lea to the west and the A12 cutting off its western frontier, it feels like one. The name is more romantic than the place but its location is terrific. With the Queen Elizabeth Olympic Park on one side and Victoria Park a quarter of a mile away, it is almost surrounded by green, with Hackney Wick trains to Liverpool Street from 20 minutes, and all the facilities of Stratford within an easy walk.

Developers Peabody and Hill certainly think so, teaming up to build almost new homes plus a centre for start-up companies at Fish Island Village fishislandvillage. Prices have not been announced as yet, but expressions of interest are being taken and the homes will go on sale in late spring. The first residents should be moving in next year. However, some small developments have sprung up.

Help to Buy is available, meaning a five per cent deposit. One dissident has been quoted as saying King Abdullah appears to rule Jordan by "remote control" - and a former government employee suggested to Panorama he spends four to six months a year away from the country. The revelations about the King of Jordan are contained in newly-obtained financial documents dubbed the Pandora Papers.

They detail the work of companies that offer secretive financial services - and the hidden fortunes of some of the most powerful people on the planet. King Abdullah also bought four apartments in Georgetown, an expensive part of Washington DC, between and The seven-bedroom home sits among the multi-million dollar cliff-top properties overlooking the Pacific in the Point Dume peninsula of Malibu, California.

The documents in the Pandora Papers reveal the three companies are among those represented by a Panama law firm, and all were secretly owned by the King of Jordan.

An anonymous blogger who writes about celebrity house sales in California said at the time: "Someone has gone to a hell of a lot of trouble to cover their tracks here. Yes, very rich people often like to stay anonymous. But this level of deliberate opacity is practically beyond anything we've ever witnessed. The King of Jordan was able to to keep his property ownership secret because he used offshore companies to make the purchases.

The people who set up the companies for the king were careful not to identify him, referring to him in one internal document as "You know who". There are also suggestions that international efforts to improve financial transparency can face difficulties. The British Virgin Islands passed a law in - compelling the owners of all companies on the island to be identified on an internal register held by the government.

Meanwhile, the prime central London market is still experiencing very modest growth and price falls - largely due to the impact of last year's stamp-duty changes and economic and political uncertainty, including the Brexit vote.

ES Money. The Escapist. The Reveller. No official figures on the practice is compiled. Earlier this month it was reported that only ten of the households left homeless by the Grenfell Tower disaster had been permanently rehoused. To assess the scale of the potential profits earned by owning empty homes, the Guardian compared the purchase price of the list of empty properties accidentally released by Kensington and Chelsea council with Zoopla estimates for what those properties are currently worth.

The estimates are based on recent sales from other properties in the local area.



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