Summer 2018 CLIENT Mount Anvil Covered in the Evening Standard November 2018

Why London? Why now? | Summer 2018 CLIENT Mount Anvil Covered in the Evening Standard November 2018 MARKET REPORT 2018 MOUNT ANVIL DATALOFT & MOUNT ANVIL MARKET REPORT 2018 MARKET REPORT 2018 DATALOFT & MOUNT ANVIL DATALOFT & MOUNT ANVIL MARKET REPORT 2018 LONDON MARKET REPORT 2018 LONDON PROPERTY IS A RESILIENT INVESTMENT The Greater London residential replace London. Locations mooted No.1 100,000 31% market has proven itself a solid as possible alternatives, including 30% 14% 12.6% Rank Financial Centre ranking in the Global population growth per increase in number of investment, having outperformed Frankfurt and Paris, were deemed of Londoners total forecast rental total forecast growth in Financial Centres Index1 annum in London 2 office jobs in London rent privately 7 growth for the period Greater London house other popular assets including to have several disadvantages 1 London 2016–2041 3 gold, the FTSE 100, oil and relative to London. The report 2018–2022 8 prices 2018–2022 8 bonds over the last five years. concluded that a relocation of 2 New York the banking system was likely to Despite challenging times, the result in fragmentation and loss UK economy as a whole has of profitability. In fact, HSBC 3 Singapore shown remarkable resilience. and Bank of America are two London is the engine of the UK big players in the banking sector 4 Hong Kong economy, and will remain so who have confirmed that their despite Brexit. Furthermore, European headquarters will 5 Tokyo London still shines on the world remain in London. stage, for example maintaining its Source: Global Financial Centres Index first place position in the Global London’s pre-eminence was also (Z/Yen, China Development Institute), Financial Centres Index.1 highlighted in fDi Intelligence’s September 2017 ‘Global City of the Future’ This accolade has additional rankings, which listed it first LEXICON London’s global weight, coming in the wake of for ‘Connectivity’. Its proximity Brexit. In June 2017, a report by to no less than six international No time like Oliver Wyman, a well-respected airports, serving over 300 global status underpins management consultancy firm, locations is clearly a contributor. looked at the potential for other its housing market European banking centres to the present 80% There are a number of compelling Drivers of demand London residential prices DOLLAR BAY reasons why the London property While other cities may compete for investment, none have the outperform popular assets 60% market is so attractive. combination of factors which secure London’s pre-eminence. in the past 5 years London has an acute shortage of housing. Last year just a third of the The softening of London house prices during growth. It is no secret that Greater London prices Source: ONS, Land Registry, have flattened, but the Capital has repeatedly shown Prestigious global standing, 65,000 homes needed to keep pace with demand* were built. And 40% 2017 and early 2018 provides opportunities for LBMA,Yahoo, Quandl combined with a large and the undersupply dates back two decades. With a population set to savvy buyers. its resilience, frequently bouncing back to new mature housing market, a growing grow by an average of 100,000 per year, regardless of any potential highs. And, it’s always the first place in the UK to Why London? 20% bounce back too. The Greater London Authority has population and pressures on Brexit-driven fluctuation, the Capital’s housing supply challenges While onlookers are naturally cautious about the supply, drives demand and look set to remain. This mitigates the risk of oversupply, which cities economic uncertainties of Brexit, history shows that forecast a pick-up in Gross Value Added in 2019. engages discerning buyers. like Manchester and Birmingham may face, and makes it clear that a 0% London house prices are cyclical, but consistent, in Why now? London home will remain an in-demand asset. IN THIS REPORT -20% With a zone of influence spanning both the UK and further afield, Pages 2–3 Annual % change London is home to the UK’s largest concentration of blue chip Annual change in average London’s resilience as -40% Buying residential firms, the main financial centre in the EMEA region, as well as being house prices in the UK and 35% 10% an investment an important base for many other industries. Its standing as an London 30% Pages 4–5 economic powerhouse helps to explain the Capital’s superior house 8% -60% property in a global city No time like the present price growth and resilience over the long term. Currently in a period UK 25% Greater Gold FTSE100 Crude Equities Bonds London 6% Pages 6–7 of stable growth, London’s economy is forecast for accelerated London against Oil (IPD) (IPD) 20% London’s emerging growth in 2019. Residential US$ (QUANDL) Source: dataloft, UK House Price 15% 4% locations outperform *target from the Mayor’s new London Plan. Index, Land Registry, ONS 10% 2% 5% SILICON VALLEY INVESTMENT 0% 0% A WORLD LEADER Financial Visual and -5% services performing arts A total of $1.1 billion of Silicon Valley investment the form of Facebook, which -2% London ranks as the top capital was raised between January and October opened its London office in -10% city in the EMEA region and 2017 5, 90% by London Tech companies – more than December, the company’s -4% is one of the ‘Global Elite’ International Sporting -15% anywhere else in Europe. ‘Unicorn companies’ 6 biggest engineering hub cities 4. It leads the field on student events have boosted the Capital’s thriving venture outside of the US and its -20% -6% the following measures: population capital market, with an estimated two thirds of first in-house start-up 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 all European Unicorns choosing London as their incubator. News International home. Further evidence of confidence comes in agencies travellers 1 Z/Yen and The China 2 Office for 3 The London Office Policy 4 A.T Kearney, Global 5 London First 6 Start-ups valued at more 7 English Housing Survey, 2017 8 Consensus average Development Institute National Statistics Review (2017) Cities Index 2017 than £1bn Rental forecast – JLL, Savills, Knight Frank 1 2 3 4 House prices – JLL, Savills, Knight Frank, Cluttons MARKET REPORT 2018 DATALOFT & MOUNT ANVIL DATALOFT & MOUNT ANVIL MARKET REPORT 2018 MARKET REPORT 2018 DATALOFT & MOUNT ANVIL MOUNT ANVIL MARKET REPORT 2018 GENERATION RENT There have been fundamental continue as increasing numbers REGENERATION REIGNS MEANS ROBUST shifts in the tenure profile of of people choose flexible living. RENTAL DEMAND households across the UK and Total rental growth is forecast to 17% 10 year 2.3 times The sale price of an apartment in a large regeneration London in recent times. Over the rise by more than 14% over the project rose, on average, by 17% per annum in the period uplift in annual price NHBC Buildmark Mount Anvil schemes last ten years, the proportion of next 5 years, fuelled in part by 2012 to 2016, over double the inner London average for of apartments in Warranty, including a have delivered up to increase in owner-occupiers has declined the rise of Generation Rent, often non-regeneration apartments of 8% per annum in the average regeneration two-year fixtures and 2.3 times the average and there has been a rise in those young, affluent professionals same period. During a similar period, 2013-2017, Mount 17% apartment developments fittings warranty on new price growth for new price10 choosing to rent. In London, seeking quality accommodation Anvil’s ‘The Eagle’ development topped 17% average 2012-2016 10 build homes build apartments in the Inner London regeneration over fifty percent of households in London’s latest hotspots. annual growth, with ‘The Landau’ achieving an average developments 2012–2016 same postcode 11 now rent, with this trend set to of 24% growth per annum. 100% MOUNT ANVIL RISES ABOVE THE PARAPET Private renters rise as owner- Mount Anvil developments also outperform average postcode district price growth11 2012–2017 occupiers fall in London 90% (% of all households) 80% We’ve spent over 25 years focused Killian Hurley n Social renters Chief Executive n Private renters 70% on London, striving to become n Owner occupiers LEXICON 2.3 its most respected developer. 60% location 2.3 Location, , times times Source: dataloft, English Housing 2.0 higher higher Survey (2017) times 50% higher 1.7 1.7 1.5 times 1.4 times A Mount Anvil home is part of a collection location times higher higher 1.3 times 40% higher times higher that’s in tune with its surroundings. Crafted, higher Along with many other of the 30% Average price paid for flats Mount Anvil schemes Current Past not cookie-cuttered. They’re built to last world’s great cities, London to Compared postcode district has experienced a massive and built for lasting value. We raise the Jon Hall 20% £2m £750,000 £500,000 £250,000 £100,000 re-population of its city centre E14 W6 SW8 NW3 E16 EC1V EC1V SW6 bar each time, evidenced by the customers Sales Director 10% over the past two decades. The [email protected] demand for new homes spiralled and partners that keep coming back to us. district Postcode 0% as a result and high prices seeped 2012 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 from the traditional core into Source: dataloft, Land Registry adjoining areas. We promise and deliver exceptional Hampstead The Loxfords Manor homes and places that are known for Large swathes of the city Barnsbury Place BUILDING MOMENTUM have been brought back to Lexicon The Eagle THE VALUE OF NEW BUILD world- class design, lasting quality and Clerkenwell Gillender life by ambitious regeneration Collection Steady but sure appears to be With a backdrop of HM Treasury of positivity.

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