Fire in West London

LuxuryDigs & PPP Capital are shocked and saddened by the fire that has destroyed Grenfell Tower in West London this morning. Lives have been lost, and many have been left with just the clothes they were wearing when they escaped.

Our thoughts are with the families of those affected.

We will be making a donation to Charities raising money for the residents.

London Rental Standard Being Discontinued

The Greater London Authority has taken the decision to discontinue the London Rental  Standard (LRS), an accreditation that LuxuryDigs was a party to.

Communication from the Mayor of London office states:

“Although many letting agents became accredited to the LRS, these agents were predominantly already affiliated to professional bodies suggesting the scheme had minimal impact in raising standards amongst the worst letting agents and landlords.  As a result the current administration feels that there would be limited value in continuing to dedicate scarce GLA resources to this project.”

It has been sighted that lack of consumer awareness and understanding of the scheme, along with its voluntary nature limited this accreditation from taking off.

Sanjeev Patel, Managing Director of LuxuryDigs states “We are sad to see this voluntary accreditation which signaled high standards disappear but we’d like our clients to know that LuxuryDigs remains a member of ARLA Propertymark and also the Property Redress Scheme.”


Welcome to Miller Loft Apartments, Peckham

Sanjeev Patel, Managing Director of PPP Capital says “We are delighted with how our new project in Peckham has turned out.  In conjunction with our sister company, GroupSP, we have designed and built trendy & highly desirable apartments for the private rental sector (PRS), and more specifically our target market of twenty and thirty something residents looking for design led, highly specified, efficient and connected homes.”

He further adds “We are investing in the long term re-invigoration of Peckham, where creative retail space enhances the quality of residential life in the area, while at the same time generating returns for our investors.  We have named the development Miller Loft Apartments, in respect of the bakery which previously stood at the same site.”

“Please see below images of our typical studio 1 bed units, providing 400 square feet of quality accommodation, with separate sleeping areas, fully specified kitchens with washer dryers and dishwashers, all by Bosch, trendy furniture and WiFi controlled heating systems.  And as with all our properties, they are rented ready to move in with a complimentary set of luxurious, new, white bedding.”


These properties are also being marketed by two leading local estate agencies, Hunters and Davis & Gibbs.

We are thrilled that several of the properties have rented even before they were completed.


Peckham – the place to be

We’ve been saying for a while now that Peckham is the place to be, and we’re delighted to hear that it is the part of London with the highest proportion of sales to first time buyers – now less than 57%!

It is not just first time buyers who are flocking to this popular part of town, but also renters who want to be near fashionable bars like the Frank’s Cafe on the rooftop of the multi-storey car park or other great places that we like such as John The Unicorn, Peckham Refreshment Rooms and the new Baba cafe serving the most unusual and delicious juices & snacks.

Sanjeev Patel, Managing Director of PPP Capital spoke to us and said “We are seeing more investment in quality retail and residential product in the area than ever before.  We are delighted that our fund is financing a development of shops and private rental sector apartments along Rye Lane which we are sure will fly out of door when formally launched. And our retail letting agents, SGP, are already receiving interest from so many different types of creative retail users.  This investment will generate excellent returns for our investors.”

We will keep you updated as this project is launched.

Come to Peckham and see for yourself what all the fuss is about!

Peckham Art Exhibition

For Acquiring Lungs and Walking on Dry Land
Ilona Sagar

Opening Reception: Thursday 29 September, 6.30-9pm
Dates: Friday 30 September – Sunday 2 October

To coincide with Art Licks Weekend, DKUK Salon is proud to present For Acquiring Lungs and Walking on Dry Land by Ilona Sagar at an off-site location near Rye Lane.

This new installation looks at the history and social significance of the Peckham Experiment, a holistic model of healthcare which aimed to cultivate community wellbeing from 1926-50. It uses the radical Peckham Pioneer Centre, established in 1935, as a lens through which to examine ideas of health, welfare and wellness, exploring interactions between collective understandings of common good and individual wellbeing.

Sagar will be working with the empty retail unit as an active space of research. She will partition the salon with specially printed fabric, where clients can sit and have their hair cut whilst viewing archive footage shot at the Pioneer Centre in the 1930s, courtesy of the Wellcome Trust. Hesitant desire shall flourish in a soil not too strong, a series of audio walks produced in partnership with The Ballad of Peckham Rye will play in the space, which include invited speakers and address the changing intellectual and political landscape of public health. This is the first in a series of research events, which will culminate in a moving-image installation ‘Correspondence O’ at South London Gallery in 2017, funded by the Wellcome Trust.

DKUK has been operating in Peckham for two years. At DKUK Salon, paying clients get their hair cut in front of art. Realised by artist/ hairdresser Daniel Kelly, DKUK provides a platform for engaging diverse audiences with contemporary art in the welcoming environment of a hairdressing salon.

Ilona Sagar received her BA in Fine Art from Goldsmiths College (2008) and her MFA in Sculpture from the Royal College of Art (2012). Using a diverse range of media spanning performance, film and assemblage, she has formed a body of work, which responds to the social and historic context found in the public and private spaces we inhabit. Social System Dance is the first installment of Sagar’s on-going project Correspondence O, which will also be presented at South London Gallery.

We’re almost done

We’ve nearly finished building our new development on Rye Lane in Peckham, London, SE15.

After a year of construction, we’re almost ready.  We will shortly have available a selection of studios, 1 beds and 2 bed apartments for the private rental sector in this rapidly changing & trendy part of London.

We have also had tremendous retail interest and will shortly be able to advise who our new tenant will be.  What we can say at this point though is that it will be a creative use of the space and something that will add value to the cultural fabric of the area.

Please stay tuned for further updates.

Buy-To-Let boom results in neglected gardens

The Buy-To-Let boom is causing more gardens to be neglected.

Residential tenants are typically not interested in maintaining any gardens in properties that they rent.  Maintaining a garden is expensive and doesn’t financially benefit a tenant that may only be in a property for a short time, so the garden typically is neglected, often at the expense of the landlord.

The Royal Horticultural Society thinks reckons that one third of gardens now don’t have anything growing in them and that three times as many gardens have been paved over compared with 10 years ago.


John the Unicorn – coming to Rye Lane, Peckam

We are delighted to learn that “John the Unicorn” will be coming to Rye Lane, Peckham.

We had seen the signs about a lost unicorn – which we hadn’t spotted, but now we know where to see him!

John the Unicorn will be a trendy bar, restaurant and lounging area with a great range of beers from various microbreweries in South East London.

We are delighted it will be on the next block to us, further improving the amenities for the tenants in our forthcoming Rye Lane development.

We look forward to meeting John later this year!


Work continues on our Peckham Project

We are delighted that work continues to progress at our Rye Lane, Peckham project.

The external walls and the building’s steel frame are now going up and the hopefully, if the weather holds, it will continue going up, but even faster.

We are delighted that we will have contemporary 1 & 2 bed apartments for the private rental sector situated right on Rye Lane, less than 5 minutes walk from the station, and near all the great shops & bars of this vibrant & cool part of London.

First Time Buyer activity has increased

Activity in the property market from First Time Buyers (FTBs) has increased over the past few months.

This is great news for all that own property or wish to as it shows there is confidence in the economy as FTBs are typically cautious buyers.

We think FTB activity has increased because of Government schemes like Help-to-Buy, the low inflation environment and the fact that interest rates are forecast to start rising again in in 2016 so cheap finance is still available.

This is coupled with a market that features lower levels of stock than usual.  This can partly be explained by home-owners wishing to improve their current homes rather than buy larger ones as the stamp duty costs are now a bigger consideration than ever before.

Let’s hope 2016 is another year of increasing confidence.

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