HOW TO KEEP THE FAMILY HAPPY ; Well-priced new homes with gardens, parking and first-rate security are tempting families to stay in London, says David Spittles

Summary

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MODERN family houses with versatile and glamorous interiors are the number one choice of many young couples moving out of flats once they have children. Growing families, too, are bypassing gentrified Victorian terraces in favour of wow-factor houses that have exciting design, better security, gardens or terraces and off-street parking.

Such houses in the capital, though, are scarce and often expensive (despite recent price falls, it is staggering how many houses are still in the Pounds 1million-plus bracket). Change is in the air, however, and the supply of new houses, particularly affordable middle-market ones, is likely to be considerably higher during the next 10 years compared with the past decade.

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Extract

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HOW TO KEEP THE FAMILY HAPPY ; Well-priced new homes with gardens, parking and first-rate security are tempting families to stay in London, says David Spittles

Already developers are switching their focus from flats to houses in response to the collapse of the new-build buy-to-let market. Moreover, local authority planners and Mayor Boris Johnson want to promote famil...

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