Editorial Team, Author At Luxurious Magazine

In Conversation with Danny Shahid of Diamond Watches London

Danny Shahid is the luxury watch expert behind Diamond Watches London. In this interview, Danny recounts his journey from life growing up in North East England to now being regarded as a…continue reading…

Atelier Petworth Takes us into the Exclusive World of Supercar Superstars

Time is precious, and we are all desperate to enjoy what little free time we have. Can a car concierge help calm our busy lives? Luxurious meets the experts at Atelier Petworth…continue reading…

Emerald Azzurra Floats out of Halong Shipbuilding Company in Vietnam

The wait is finally over as Emerald’s new ocean-going super yacht the Emerald Azzura has floated out of the Halong Shipbuilding Company in Vietnam. The event marks slightly over a year before…continue reading…

How to Ready Your Car for Whatever the Winter Weather Has in Store

It’s virtually a given that during Winter there will be some severe weather warnings. It’s wise to ensure your car is prepped and ready to cope with whatever Mother Nature decides to…continue reading…

Shannen Godwin Explains the Best Way to Rehouse Your Garden Plants

100’000s of people up and down the country are in the process of moving home. With almost half the UK population partaking in gardening, many homeowners will want to take their favourite…continue reading…

Alessandro Calvio’s Movelights Colouring Technique for Inner & Outer Confidence

Many of us reading this could do with a bit of a boost, and one of the easiest ways is by creating the best version of ourselves. Looking good is an easy…continue reading…

A group of people enjoying a glorious mean in Geneva

Foodies Favourite Geneva is the Swiss City of Taste for 2021

The city of Geneva has been appointed Swiss City of Taste 2021; a sought after title which acknowledges Geneva’s commitment to promoting dietary diversity, sustainable food, local products and urban agriculture through…continue reading…

ACME Unveils an Incredible Dog Whistle Encrusted with 470 Diamonds

ACME, along with a specialist team of jewellers in Birmingham’s Jewellery quarter have created the most extravagant and probably history’s most expensive dog whistle. Just when you thought you’d seen it all,…continue reading…

A Virtual Cooking Session with Ruth is the Ideal Christmas Work Do

2020 has been a strange one for employers. Around the country, people have been continuing to work, but many are now doing so from home. With Christmas on the horizon, how do…continue reading…

Property Transactions Across the London Commuter Belt Down by -42%

New research from OpenBrix heaps more misery on London and its surrounding property market. Data reveals that transactions across the capital’s commuter belts have dropped by -42% in the six months from…continue reading…

How Electric Blinds Have Joined the UK’s Home Improvement Revolution

This year has seen millions of Brits falling back in love with their homes. The internet has experienced record numbers of people searching for ways to improve where they live, and one…continue reading…

2020 is the Year One in Five Brits Forgot How to Laugh

Christmas is rapidly approaching and should be the time of laughter and merriment. However, this year has not been one filled with joy thanks in no small part to a global pandemic.…continue reading…

The Exodus from London Continues, this time it's Renters who're Leaving New research from Home.co.uk shows that people are falling out of love with London. As much as some will try to argue the point, the data is clear, London residents are leaving for larger homes, gardens and easier access to wide open spaces. This year, we've written extensively about the exodus from life in built up urban areas for places that offers value for money property and a better quality of life. One of the most prominant casualities of this is London. Residents are officially saying no to it's overpriced property, lack of space and oppressive rules and regulations. To back this up, the property search engine Home.co.uk have released an in-depth analysis of the rapidly morphing UK rental market, detailing supply changes, time on market and rent changes. The study found a dramatic increase of more than two thirds (68%) in the monthly supply of homes to rent in the capital region compared to a year ago, as tenants fail to renew tenancies. Moreover, the Typical Time on Market (29 days) in the capital is now the highest of all regions, as landlords struggle to find tenants keen on city living. Asking rents have been slashed across London due to a lack of demand in the wake of the first COVID lockdown. The current average rent in Greater London remains a hefty £2,127 a month, but this is down a massive 11.2% over the year. The bulk of this fall (10.5%) occurred in the last six months following the imposition of lockdown measures. In the worst-hit boroughs, landlords have dropped their rents by more than double the London-wide average fall in rental value. Over the last year rents have fallen in the City of London by 28.8%, in Hammersmith and Fulham by 23.5% and in Kensington and Chelsea by 22.5%. Meanwhile, in the low-density leafy suburbs of the capital, rents are rising. In Bexley, Havering and Croydon rents are up 4.2%, 4.6% and 6.7% respectively. Greater London is the only English region to see rents fall over the last year and to see the Typical Time on Market figure rise. It takes on average four more days to find a tenant in London than 12 months ago. The South West is among key destinations for renters in the capital to move to in search of space and greenery, the figures indicate. Rents in the South West have rocketed by 8.3% over the year to their current average of £1,065. Most of this rise (7.9%) came in the last six months, amid the pandemic. In addition, landlords in the South West are finding tenants far quicker than last year. The Typical Time on Market is just 13 days, four days fewer than last year's average. Central to the migration from the UK's largest city is the desire for more affordable accommodation, more space and ideally a garden. Fear of further lockdowns coupled with the ability to work from home (and to save money on commuting costs) is redefining the nature of demand from UK renters. Clearly, former London tenants have no wish to repeat the misery of being prisoners in their own homes. East Anglia is another popular destination, rental and Typical Time on Market figures suggest. Rents in the region have risen by 6.3% over the last six months and by 7% over the year to £1,135. Meanwhile, the Typical Time on Market figure is 19 days which is four days fewer than in November last year. Similar trends present themselves elsewhere in England, with competition for the limited numbers of available lettings stock pushing up rents: by 9.5% in the East Midlands; 6.7% in the North East; 11% in the North West; 14.7% in the West Midlands; and 8% in Yorkshire and Humber over the last twelve months. However, less demand in the relatively pricey South East has meant that rents have risen only 1.4%, Home.co.uk's analysis found. Wales has seen the largest increase in rents over the last year, up by a dramatic 22.3%. The average rent in the principality is now £894 and the Typical Time on Market figure is 15 days, three days fewer than last year. In Scotland, the average rent is £857, an increase of 15.8% year-on-year. The Typical Time on Market has been slashed by four days to 20 over the last year. Director Doug Shephard said: “While homeworking is not an option for all, this lifestyle change is now a key trend that is reshaping rental demand. Since the Greater London rental market represents nearly half of the UK lettings market, any refocusing of demand towards the regions will have a dramatic effect on the balance of supply and demand. This is why we are witnessing dramatic rent hikes in most English regions, Scotland and Wales. In fact, Welsh rents (and home prices for that matter) are rising to such an extent that locals fear of being priced out by newcomers. Wales will certainly not be alone in feeling the knock-on effect of the exodus from the UK's largest cities.” Read more property-related articles in our dedicated section here.

Renters Join the London Exodus Opting for More Space and Greener Pastures

New research from Home.co.uk shows that people are falling out of love with London. As much as some will try to argue the point, the data is clear, London residents are leaving…continue reading…

Four Timeless Luxury Watches You Should Consider Investing In

With little or no return on savings and the traditional investment routes such as stock and share as shaky as a card tower, alternative investments are back at the forefront. One of…continue reading…