Not so vibrant London

At Pocket we love London. We love it’s vibrancy. That’s why it’s so disappointing to see report after report warning the capital that, the people that make it such an exciting place to live, want to leave.

 

“Londoners are almost unanimous in their belief that London ranks worse than elsewhere on both the affordability and the availability of housing. For the average London resident, housing affordability and housing availability are the indicators on which London performs worst.”

This is a direct quote from the Vibrant Capital report by Grant Thornton.

 

The urban commentator and Harvard lecturer Ed Glaeser has commented that the continued success of cities relies on a simple equation, that the cultural and commercial richness of the city must benefit inhabitants more than the downside of living in close proximity and sharing so much with others. The Grant Thornton report shows that amongst all groups researched, valued the cultural and leisure benefits of living in London alongside it’s diversity and benefits to pay and career. For too many however, these benefits are outweighed by the challenges of finding affordable and secure housing that meets their needs.

 

As a city, we have to move faster to help these largely young aspiring Londoners resolve their housing issues. At Pocket, we hear the stories from this audience constantly. They have been frustrated by the housing situation that they find themselves in and can’t see any way out of it. The cost of living swallows up their incomes so significantly that the prospect of ever owning a home is a distant dream. Furthermore, these costs deny them access to so much of the culture and fun that the city should provide. The equation that Ed Glaeser talks of, no longer makes sense and for a highly mobile workforce, who have never seen their career as a single “job for life”, leaving the Capital is increasingly the only answer.

Read More

Walthamstow Wetlands Centre: the most photogenic place in London

Our Pocket homes at Gainsford Road E17, the first Pocket Living scheme in Waltham Forest, are on sale just as Europe’s largest urban wetland nature reserve opens down the road. Walthamstow Wetlands is a short cycle from Gainsford Road E17, it’s full of things to do and it’s free!

Walthamstow-Wetlands-artists-impression-1112x630

 


 

We’re already great fans of Walthamstow (the reason we’ve launched 45 Pocket homes for sale to local first time buyers here), so we’re really happy to hear that this vast green space has opened up for local Londoners to enjoy.

Walthamstow Wetlands is an impressive regeneration of this 211 hectare Thames Water reservoir, the main source of water supply for 3.5 million people. Open to the public for the first time in 150 years, there’s something for everyone – be it lunching, walking, cycling, fishing or bird-watching. There’s even a calendar of regular activities and seasonal events.

 

Wetlands centre Bird board

 

 

The Centre is already a huge success, their Twitter feed filled with incredible shots taken by visitors of the local wildlife, landscape and industrial heritage buildings.

 

view

Autumn

build

robin

willow

 


What an amazing place to have near your home, lucky E17-ers!  We’re so glad this gem has opened up just down the road from Gainsford Road E17.

If you’re a first time buyer and live or work in Waltham Forest, you could buy one of our Pocket homes.  Just register for a My Pocket account and complete an affordability assessment to book your viewing.  Sales are already live, with the scheme due to complete in March 2018, so you could move in ready to enjoy Spring at the Wetlands.

Any questions, contact our friendly sales team!

 

Read More

126 new homes for Haringey from Pocket Living

Pocket Living was delighted to receive planning permission from Haringey council last week, for our most ambitious scheme to date, West Green Place N17.

 

This allows us to deliver 98 Pocket homes, which will be available to local first time buyers at a 20% discount, establishing another strong community of owner occupiers. West Green Place will also include with a new community centre for the benefit of the whole local community .

 

PLL-WGP_HTA-A_DR_0182_Site Visualisation-A_JPEG   PLL-WGP_HTA-A_DR_0185_Site Visualisation-A_JPEG

(more…)

Read More

A First-Time Buyers’ guide to the London elections

Tomorrow London goes to the polls to elect a new Mayor of London. The Mayor is responsible for making London a great place to live, work and visit. For example the Mayor is responsible for things such as policing, transport and the fire service. But significantly for first time buyers, the Mayor has important housing powers. The Mayor must produce a housing strategy to invest in London’s housing and to meet the needs of London’s growing population.

(more…)

Read More