London Rental Property News for May 2008
Boris promises safer transport
New London mayor Boris Johnson has vowed to put "safety and security" at the heart of his transport policy.
Read Article ... Published on 16th May, 2008
Land Registry: House prices under strain
The Land Registry has given credence to a slew of recent reports which indicate UK and London property prices are heading south.
Read Article ... Published on 30th May, 2008
London 'key' to govt housing targets
The government will not succeed in its ambitious housing plans unless it focuses on freeing up property to rent in London, it has been claimed.
Read Article ... Published on 30th May, 2008
Chiswick property 'ideal for families'
It has been claimed that houses for sale in Chiswick are ideal for families, especially those with young children.
Read Article ... Published on 30th May, 2008
Landlords 'don't need to give up control of deposits'
Anyone with property to rent in London or any other region in the UK does not now have to give up control of deposits from their tenants, it has emerged.
Read Article ... Published on 30th May, 2008
New showhome opens in Watford
A new showhome has opened its doors with the aim of exhibiting the standard of property soon to be made available at a housing development in Watford.
Read Article ... Published on 30th May, 2008
London and UK needs 50,000 more rental properties
London and the UK need a combined total of around 50,000 properties to be made available each year in order to meet the demand for rented housing, it has been claimed.
Read Article ... Published on 30th May, 2008
Effect of credit crunch on regeneration in London and UK to be examined
A study of the impact of the global credit crunch on regeneration in the UK has been commissioned by a local government minister.
Read Article ... Published on 28th May, 2008
Carrie-esque London ladies likely to rent property
Increasing numbers of women in the capital are living "Sex and the City lifestyles" and more likely to rent London property, new research reveals.
Read Article ... Published on 28th May, 2008
Telford commences construction of Southwark developments
East London apartment builder Telford Homes has started its first two new developments south of the Thames, which will create a range of flats for sale in London.
Read Article ... Published on 28th May, 2008
Being a landlord is a long-term business
Landlords based in London and other parts of the UK must look at the long-term picture if they are to continue making profit from the private rented sector, it has been claimed.
Read Article ... Published on 27th May, 2008
New scheme launched for London landlords
A new scheme has been launched in London that affords people without a home the chance to rent a private flat, it has been reported.
Read Article ... Published on 27th May, 2008
Expert: It's as bad as it's ever been for first-time buyers
It is nearly impossible for first-time buyers to get onto the property ladder at the moment, an industry expert has said.
Read Article ... Published on 23rd May, 2008
Tenant demand 'is still rising'
Industry experts have confirmed that demand for rental properties in London and elsewhere is increasing, but cautioned people planning on letting their homes privately.
Read Article ... Published on 23rd May, 2008
Arla welcomes the government's commitment to rental properties
The Association of Residential Letting Agents (Arla) has said that it broadly welcomes the proposals for the sector that the government set out earlier this week.
Read Article ... Published on 22nd May, 2008
More opt to rent as credit crunch takes hold
A new study has shown that more and more homeowners in places like London are opting to rent out their properties.
Read Article ... Published on 22nd May, 2008
New mayor backs Croydon regeneration
London's new mayor has signalled he supports the regeneration plans for Croydon.
Read Article ... Published on 22nd May, 2008
Renting should be considered a good option, says NLA
Making the decision to rent in London or other parts of the country should not be thought of as an option which is worse than buying a property.
Read Article ... Published on 21st May, 2008
Queen opens Chelsea flower show
The Queen has formally opened the 86th annual Chelsea Flower Show in west London.
Read Article ... Published on 20th May, 2008
Families 'opting to rent long-term'
Increasing numbers of families are opting to rent flats in London and elsewhere on a long-term basis, new research has found.
Read Article ... Published on 20th May, 2008
East London campus to be regenerated
Planning permission has been granted for a new housing development in the east London borough of Barking & Dagenham.
Read Article ... Published on 20th May, 2008
ECB: No end in sight to credit crunch
The European Central Bank (ECB) has issued a damning assessment of the current economic climate, warning that the credit crunch is far from over.
Read Article ... Published on 19th May, 2008
Property sales 'to fall 40%'
People with flats and houses for sale in London will struggle to find buyers in 2008, the Royal Institution of Chartered Surveyors (Rics) has cautioned.
Read Article ... Published on 19th May, 2008
Hackney council pioneers eco-scheme
The London borough of Hackney is to take part in a new national carbon trading pilot scheme.
Read Article ... Published on 19th May, 2008
Investors stand by buy-to-let
The buy-to-let market is weathering the current property downturn successfully and has retained its appeal among investors.
Read Article ... Published on 16th May, 2008
Resilient buy-to-let market props up sector
Strong demand for flats to rent in London and across the UK will help the country avoid a more damaging housing crash, Reuters is reporting.
Read Article ... Published on 16th May, 2008
Boris promises safer transport
New London mayor Boris Johnson has vowed to put "safety and security" at the heart of his transport policy.
Read Article ... Published on 16th May, 2008
Green vision for Thames Gateway
The Thames Gateway regeneration project will rely heavily on parks and public gardens, it has been confirmed.
Read Article ... Published on 16th May, 2008
Long-term property investments 'a safe bet'
People who are willing to take a long-term perspective in the property market need not be alarmed by the current downturn, it has been claimed.
Read Article ... Published on 15th May, 2008
Mortgage lending at 33-year low
The Council of Mortgage Lenders (CML) has revealed that mortgage lending figures are now at their lowest level in 33 years.
Read Article ... Published on 15th May, 2008
'No perks' for prospective homeowners
People trying to find flats for sale in London will enjoy scant support when it comes to securing a mortgage.
Read Article ... Published on 15th May, 2008
Hopes for rate cut dashed
Homeowners and people looking to get on the housing ladder have had hopes for a cut in the base rate of interest dashed by the government's latest inflation report.
Read Article ... Published on 14th May, 2008
Free training session for London estate agents
London estate agents stand to benefit from a new walk-in training session that aims to increase awareness of market trends and government thinking.
Read Article ... Published on 14th May, 2008
Blunder reveals scope of property downturn
An embarrassing blunder by housing minister Caroline Flint has revealed the true scope of the difficulties facing the UK property market.
Read Article ... Published on 14th May, 2008
Arla advises against unregulated landlords
The incoming president of the Association of Residential Lettings Agents (Arla) has said he wants to ensure buy-to-let investors have a full understanding of their legal obligations as landlords.
Read Article ... Published on 14th May, 2008
Savvy landlord going green
Forward-thinking landlords are looking to step up their green credentials in recognition of the public's growing support for environmental issues, it has been claimed.
Read Article ... Published on 13th May, 2008
£38m regeneration scheme for Twickenham
The London Borough of Richmond has approved a £38 million regeneration scheme for Twickenham.
Read Article ... Published on 13th May, 2008
Mortgage approvals head south
Approvals for home loans continued to dwindle in March, new figures have revealed.
Read Article ... Published on 13th May, 2008
Professional buy-to-let investors 'cleaning up'
Buy-to-let investors who own sizable property portfolios are benefiting hugely from the current state of the market, it has been suggested.
Read Article ... Published on 13th May, 2008
Mortgage woes boost buy-to-let market
More evidence has emerged that the buy-to-let market is benefiting from the downturn in the UK property market.
Read Article ... Published on 12th May, 2008
Tenants warned about repossessions
People who rent a flat in London have been warned that they could fall victim to a "glut of repossessions".
Read Article ... Published on 12th May, 2008
Tenants 'value location above price'
The majority of tenants are more concerned about the location of their property than how much it costs, it has been suggested.
Read Article ... Published on 12th May, 2008
Prime property unaffected by crunch
Prime houses and flats for sale in London have not been harmed by the property downturn, new research has indicated.
Read Article ... Published on 12th May, 2008
Renting 'best alternative to buying'
Renting property in London is "not a bad option" for people who cannot afford to buy their own home, according to one leading property portal.
Read Article ... Published on 9th May, 2008
'Gazundering' adds to property woes
The practice of 'gazundering' is worsening an already perilous UK property market, new research has suggested.
Read Article ... Published on 8th May, 2008
Major East London regeneration scheme unveiled
The government has unveiled plans for a substantial regeneration scheme in the east end of London.
Read Article ... Published on 8th May, 2008
Buy-to-let investors feel squeeze
While people able to invest in buy-to-let property continue to enjoy healthy returns, opportunities for people to get into the market appear to be diminishing.
Read Article ... Published on 8th May, 2008
Inside Track closure 'unrepresentative of market'
The closure of property investment company Inside Track should not scare buy-to-let investors off the market, it has been claimed.
Read Article ... Published on 7th May, 2008
London rentals 'retain appeal'
Rented property in the capital is retaining its appeal in spite of "doom and gloom" forecasts from many pundits, it has been claimed.
Read Article ... Published on 7th May, 2008
Tenants issued contents insurance reminder
People who rent flats are being reminded of the need to ensure they have adequate home contents insurance.
Read Article ... Published on 6th May, 2008
Rental demand up again
The latest figures from MoneySupermarket.com show that demand in the rental sector continues to soar.
Read Article ... Published on 6th May, 2008
FTBs 'should prepare for negative equity'
First-time buyers (FTBs) should prepare themselves for the prospect of negative equity if they insist on entering the property ladder in the current climate.
Read Article ... Published on 6th May, 2008
House prices fall another 1.3%
In the latest troubling report about the UK property market, Halifax has stated that house prices fell 1.3 per cent last month.
Read Article ... Published on 2nd May, 2008
London rents offer 'good value'
It has been suggested that people looking to rent property in London can snap up good deals in the buy-to-let sector.
Read Article ... Published on 2nd May, 2008
Rental demand 'soaring'
Demand for rental accommodation has reached a record high, one new study has suggested.
Read Article ... Published on 1st May, 2008
BoE: House prices 'could fall 33%'
UK house prices look set to fall by one third, a member of the Bank of England's (BoE's) Monetary Policy Committee has warned.
Read Article ... Published on 1st May, 2008
Arla calls for regulated letting sector
The Association of Residential Letting Agents (Arla) has renewed its call for regulation in the buy-to-let sector.
Read Article ... Published on 1st May, 2008
