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The building was a project of the London solicitor Gerald Glover, who specialised in real estate development, [2] [3] and is one of a number of very large blocks of flats erected in 1930s London. [4] It was built in 1937 by Mowlem [5] and replaced a row of Georgian terraced houses, latterly converted to small hotels. [6]
High Trees House Ltd leased a block of flats in Battersea, London from Central London Property Trust Ltd. The agreement was made in 1937 and specified an annual ground rent of £2,500. The outbreak of World War II in September 1939 led to a downturn in the rental market. High Trees struggled to find tenants for the property and approached ...
The Barbican Estate, or Barbican, is a residential complex of around 2,000 flats, maisonettes and houses in central London, England, within the City of London.It is in an area once devastated by World War II bombings and densely populated by financial institutions, 1.4 miles (2.2 km) north east of Charing Cross. [1]
The private rent market provided 90% of the housing before the war. Now it came under heavy pressure, regarding rent controls, and the inability of owners to evict tenants, except for non-payment of rent. The tenants had a friend in Liberal Prime Minister, David Lloyd George, and especially in the increasingly powerful Labour Party. The private ...
The building is composed of nine floors and has a total of 120 flats. In the basement are a swimming pool, a sauna, a gym, a lounge room with a small library, a Wi-Fi area, a laundry room and a garage. All spaces are communal and access is free to all residents. There are two lifts.
Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [ citation needed ] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents.
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