Since the blog began in December, Savoy Stewart has upped its game when it comes down to curating editorial content. Our aim is to write formal, informal, educational and slightly quirkier articles that appeal to our wide range of readers. In doing so, we are very pleased to announce that we have been nominated for the Best Small Commercial Agency Blog of the Year with Property Division Industry Experts Awards 2016.
It has been announced in George Osbourne’s 2016 budget proposal that stamp duty on properties costing over £1.05m is due to increase; evidently this is bad news for commercial property moguls who will be liable to pay a much higher rate on large purchases.
We researched the broadband speeds of well-known postcodes around the capital to find out which part of London could stream the best bandwidths. Broadband is an essential factor for the high-speed institutions and start-ups of today’s London office market.
Continue reading “Best Office Broadband Speeds in London”
Due to the many rules and regulations surrounding leaseholds, it is important as a tenant to be aware of them and understand them as much as possible. Continue reading “Lease Renewals and Commercial Property – How does it work?”
Office interiors are becoming increasingly inventive in their appearance. Recreational areas especially are now featuring some interesting additions which have been designed to create a relaxing ambience whilst employees are on breaks.
Finding great office space to rent is no mean feat, especially for fledgling start-ups. No need to panic though; as the centre for some of the world’s leading start-ups, the capital has no shortage of creative, contemporary and practical spaces to snap up – you just have to know where to look… Continue reading “Calling all start-ups: Best office space for rent in London”
London has been dubbed the third most expensive city to rent office space in the world; with Hong Kong and New York taking the top spots. However, with rent yields high, one area of London leading office rental growth for 2016 is Canary Wharf as seen by a recent report by Knight Frank.
It’s a brand new year, hence the commercial property market will be seeing some serious changes in 2016. We see the following trends as the ones to watch:
Businesses are living concepts owing to the fact that they are fuelled and guided by people. For this reason, a company’s requirements often change as it grows and expands. However, there are instances in which alterations to your office may be a necessity from the outset.
2015 was a huge year; David Cameron won his second term in Parliament, Princess Charlotte was born and the UK’s housing market exploded as typical house prices soared above £300,000. In London and with the commercial property market this was no different, in 2015 the market peaked to new inflation-busting highs with both rents and costs. But what does this mean for tenants and prospective buyers?