This weekend there are great events in Clapham and Battersea for the whole family to enjoy so make sure you don’t miss out.

 

Saturday 27th JulyRoyal Kitten Shower at Battersea Dogs & Cats Home, in honour of the birth of Prince George and including crafts, quizzes and a naming ceremony.

 

Sunday 28th July, 8-11.30am – Sumo Run in Battersea Park. A 5km run in a sumo suit all in the name of charity!

Currell Battersea give you this week’s round up of local events in Wandsworth to enjoy in the sunshine.

Sunday 21st July 11.00 – 16.00

Battersea Flower Station Summer PARTY, 16 Winder’s Rd.
Games, music, Pimms and popcorn!

Sunday 21st July 10.00

Open Day at Battersea Park Millennium Arena.
Sports activities for children and adults, raising money for Cancer Research.

If you’re looking for something to do over the next few days, get some ideas from our list of events taking place in Battersea and Clapham. Enjoy!

From 2nd July – 31st July Edinburgh Festival 2013 Preview Shows at the Battersea Arts Centre

From 3rd – 6th July Our Share of Tomorrow at Theatre 503 – Last chance to catch this coming of age love story

Saturday 6th July 20.00 – 22.00 Comedy Carnival at the Clapham Grand

Sunday 7th July 12.30 – 17.00 Friends of Clapham Common Summer Fete – food stalls, children’s events, dog show, BBQ , cricket, fishing and a large outdoor TV to watch the Wimbledon Men’s final.

Sunday 7th July 11.00 – 17.00 Northcote Road Summer Fete – the road will be closed to traffic and play host to funfair rides, food stalls and a large outdoor TV to watch the Wimbledon Men’s final.

The following article was written by Anne Currell and published in the Angel Magazine April 2012 edition.

 

In February Warren Buffet, known for his long history of successful investment, advised buying farmland rather than gold. Whilst there is not much in the way of farmland in central London (though there is some!), perhaps what Mr Buffet is saying is that, once again, we should be viewing property as the primary long–term investment choice. A fair comment to make… from a wealthy man… but how realistic a goal is it for the many, and not the few?

In Central London the number of residential rentals is increasing rapidly as more and more buyers are finding it difficult to purchase and have to resort to renting. This pushes up rental values, increases yields and reduces stock levels. Not only are buyers being pushed towards renting, renting itself is becoming increasingly more expensive.

Recent statistics from the Council of Mortgage Lenders show that average mortgage borrowings now represent only 29% of property value. A figure that jointly bears up that the cash-rich are the dominant force in purchases currently, and that it’s very difficult for those with little or no equity or deposit to move. Cash is very much king.

There is a predicted increase in the population of Islington from 208,800 in 2011, to 217,700 in 2016 – a jump of 4% (London.gov.uk). Then factor in the predicted increase in the number of actual households, due to the dominant increase of one person households, from 99,000 in 2011, to 104,900 in 2016 – an increase of 5.7%. Where are all the properties going to come from? The building target for Islington is 1,170 households per year leaving a shortfall of over 3,000 properties in a 5 year period. With the increase of residential yields from rented property, balanced against good medium-term capital growth, there is a growing argument for a closer look at a residential “build to let” business model. Institutional investment may well become key; in addition to equity-rich buy to let investors.

Whilst we would not wholly ascribe to the notion that Britain will become a ‘nation of renters’, in the same way that some of our European neighbours are, we do believe that we are experiencing a strong shift in that direction.

Mortgage lending is still tight and LTV rates reasonably high, but buy to let mortgages are once again in the ascendency. We believe that if you are in a position to make a first step, or further steps, into property investment then now is as good a time as any. Whilst stock is not exactly plentiful presently, bearing in mind the forecasted increases in population and households, the stock situation could get worse.

We are seeing more and more confidence in property as a sound long term investment from individual cash-rich purchasers, overseas buyers and institutional investors; something which sets Central London apart from the rest of the UK.

The Snow came and some of it is still left, which is what some agents cannot now say about their For Sale and To Let boards…

Sunday provoked a wonderful out-pouring of general happiness, smiles and gleeful childish endeavour all thanks to a good few inches of white stuff. Some wore full snow suits, some jeans and trainers, all wore smiles and rosy cheeks.

Kayaks, canoes, tea trays, ‘Estate Agent sign boards’, plastic bags, sledges and toboggans. All worked, some broke quicker than others, but all helped with the fun of the day, until frozen fingers, hands and toes drove tearful children home. Soaked jeans, trousers and tracksuits weighed heavily amongst the pristine and suitably attired snow set, but all had fun.

James Neilson – Currell Islington

Naoroji Street in Finsbury is named after Dadabhai Naoroji, an Indian who became a politician in Finsbury at the end of the 19th century. He was the first Asian to be a British MP.

There is a Plaque in memory of Dadabhai Naoroji on the wall outside the Finsbury Town Hall on nearby Rosebery Avenue.

Dadabhai Naoroji (1825-1917) led the way for Indians in Britain to take a full part in public life. His book Poverty and Un-British Rule in India brought attention to the draining of India’s wealth into Britain. He is also credited with the founding of the Indian National Congress  – of which he was elected President twice – along with A.O. Hume and Dinshaw Edulji Wacha.

Naoroji was a mentor to both Gopal Krishna Gokhale and to Mohandas Karamchand Gandhi.

Naoroji died in Bombay on 30 June 1917, at age 92. In addition to Naoroji Road in the Finsbury/Bloomsbury area  the Dadabhai Naoroji Road, a heritage road of Mumbai, is named after him. So, too, is the Dadabhoy Naoroji Road in Karachi, Pakistan.

Naoroji was a partner in the firm of Cama & Company, the first Indian corporation to be established in the UK. He was a Parsee from Bombay who came to London in 1850 as a businessman. He left Cama and set up his own cotton trading company.  But when this collapsed in 1881, he turned to politics. He also became Professor of Gujarati at University College, London, and the founder/president of the Zoroastrian Society.

He stood unsuccessfully for election as an MP in Holborn in 1890, and tried again in 1892 in Central Finsbury, where he won by 5 votes after a recount.

Naoroji was an Indian nationalist who unsettled British opinion by stating that India’s poverty was to a large extent due to having been drained of its resources by Britain to the tune of £40 million in effect being exported to the UK every year.  His supporters included the by-then aged Florence Nightingale. When Naoroji won Central Finsbury the National Liberal Club threw a banquet for him. But he lost in 1895, and returned to India.

The above information has been supplied by Professor John Spiers, with thanks.