Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

After years of struggle with planning the Sainsbury's / Residential development on Horney High Street comes to life this weekend with the launch of the Smithfield Square development.

So if you're looking for a modern development flat as an investment or home and have between £300,000 and £500,000 burning a hole in your pocket, head over to www.berkeleygroup.co.uk/new-homes/london/hornsey/smithfield-square.

Tags for Forum Posts: Sainsbury's, hornsey depot-sainsbury's

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Someone managed to get the Standard to bill the exact area as the top up and coming area for 2015 in the whole of North London yesterday. What a coincidence.

Another big ad today.  Flip to page 21.

http://paper.thestandard.com.hk/

Great! 

I had the same idea and copied the page to Labour councillors.

----- Original Message -----
Sent: Thursday, January 15, 2015 10:53 AM
Subject: Update on Smithfield Square Hornsey - marketing campaign
Dear Labour Party Colleagues,
Here's an update on the Smithfield Square development in Hornsey which is attracting lots of interest in China. It's from today's Hong Kong Standard. In a couple of days you can pop along to the exhibition in Queens Road. But as many of you may be busy, I've downloaded the ad for your information.

We could get another new waterworks then?  

I heard not too long that when the flats were built by the waterworks, someone working there noticed lumps of brown stuff appearing on the sand filters. They then realised, it looked ike Sh*** you know what and smelt like it too.    

Apparently, someone had connected the sewage pipe from the flats into a water pipe that connect the brook to waterworks.  Reportedly, a huge row ensued between Thames Water, the Developer and Haringey Council over the £20M needed to decomtaminate the plant and who was to blame.

A few years ago, the waterworks was rebuilt, yet none of this was ever reported in our local newspaper.  Does anyone know if it is true - or is it an urban myth?

 

£300,000 to £500,000 is a lot to pay for a flat. When I first came to London in 1976,  a four story house near Newington Green was about £30,000 for considerably more space.

The way property prices are going, people will inherit mortgages instead of property.  These prices are verging on insanity.   If interest rates rise to realistic levels, there will be a lot of people in this area seriously out of pocket.  There have been 40% price falls in the past and there is no reason why they wouldn't happen again.

The likes of Dave Cameron, Georgie Osborne and Mark Carney pursue economic policies of low interest rates which boost house prices to ridiculous and insane levels. The effect is to push up house values which fuels credit and second mortgages to boost the UK economy.  It most likely boosts the economies of UK banks and manufacturing in developing countries which may be no bad thing for them.

But what it does do is rob a generation of the opportunity to have their own home.

      

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