London Rental Property News for October 2009
Wandsworth passengers 'could be better served'
Despite funding being invested in a new entrance at Clapham Junction station, commuters heading home to flats to rent in Wandsworth could have a better service, said Guy Senior, a spokesman for Wandsworth Council's transportation.
Read Article ... Published on 30th October, 2009
Hammersmith tenants 'can hear from their leaders'
Residents of flats to rent in Hammersmith will be able to question their local council, health, police and fire leaders during the first "Quiz the Leaders" meeting there chaired by the BBC's John Humphrys.
Read Article ... Published on 30th October, 2009
Tenants 'to benefit from safer kitchens'
Food enthusiasts looking for property to rent in Islington or other parts of London may be inclined to make a new kitchen one of their priorities when choosing a home to rent.
Read Article ... Published on 29th October, 2009
UK lodgers 'increasing'
Since 2006, the number of lodgers in the UK has increased by 23 per cent, new figures have revealed.
Read Article ... Published on 29th October, 2009
London waste 'could power millions of homes'
Two million homes could be powered, while 625,000 households could have heat from the 22 million tonnes of waste which are produced in the capital, it has been claimed.
Read Article ... Published on 29th October, 2009
Buying off-plan 'risky'
Off plan property buyers may face legal action if they fail to complete on their purchases, one sector commentator has claimed, making it a risky strategy for people looking for their first home.
Read Article ... Published on 28th October, 2009
London house prices 'on the rise'
The September data from the Land Registry's House Price Index has revealed that property prices in the UK are continuing to rise steadily, which could mean that becoming a homeowner is out of reach for some Britons.
Read Article ... Published on 28th October, 2009
Britons 'spending big to entertain at home'
As Britons attempt to save cash by going out less, 57 per cent of paid-for entertainment is now consumed inside the home, new research has found.
Read Article ... Published on 27th October, 2009
Get safety-conscious in the kitchen
It is estimated that each year in the UK, some 100,000 gas kitchen appliances such as cookers and hobs are fitted by people who lack the legal qualifications required to carry out such work.
Read Article ... Published on 27th October, 2009
'Increased demand' for buy-to-let landlords
There is increased demand for houses from buy-to-let landlords, a new survey has revealed.
Read Article ... Published on 27th October, 2009
Chelsea: More than just football in Chelsea
Background
Read Article ... Published on 27th October, 2009
Parents 'look to fund children's property purchases'
More than two-thirds of parents who have grown-up children believe that now is a good time for their offspring to purchase a first home, while a quarter plan to use their own savings in order to fund such a purchase.
Read Article ... Published on 26th October, 2009
Still a "massive" shortage of housing
The number of applications to build new houses increased by four per cent in the last quarter, according to new research, but one sector commentator has stated there is still a "massive" shortage of property.
Read Article ... Published on 26th October, 2009
London property prices 'increasing'
The average asking price for a prime London property has increased at its fastest rate for 18 months, new research has revealed.
Read Article ... Published on 23rd October, 2009
Conservatives 'announce new housing benefit plans'
The Conservative Party has announced its plans to change the housing benefits system, should it come into power.
Read Article ... Published on 23rd October, 2009
One writer 'selling to rent'
By November, one property writer will have completed the sale of his house and have looked to move into rented accommodation, but he admits that he wished he had taken such steps in 2007.
Read Article ... Published on 22nd October, 2009
Landlords 'should present tenants with gas certificate'
An average of 40 deaths a year could be avoided by taking the time to ensure that a property's central heating has been serviced, it has been stated.
Read Article ... Published on 22nd October, 2009
Property market 'could recover in 18 months'
If the housing market continues to grow at the same rate which has been recorded over the last six months, it will still be 18 months before it is fully recovered, one sector commentator has predicted.
Read Article ... Published on 21st October, 2009
Insurance 'extremely important for landlords'
Nearly three-quarters of all landlords have experienced rental arrears, new research shows.
Read Article ... Published on 21st October, 2009
Borrowers 'may be subject to increased checks'
Mortgage lenders will have to carry out more comprehensive credit checks of potential borrowers, under new proposals from the Financial Services Authority.
Read Article ... Published on 20th October, 2009
'Important' to become more energy efficient
Britons who rent property may feel that there is less they can do to increase their energy efficiency as they do not own their home.
Read Article ... Published on 20th October, 2009
Property prices 'higher than a year ago'
The average asking price for a property is now higher than it was 12 months ago, a new report has revealed.
Read Article ... Published on 20th October, 2009
'Unprecedented demand' for London property
Britain's commercial property market has seen the largest rise in capital growth since June 2006, according to a recent report.
Read Article ... Published on 19th October, 2009
Rental prices 'still lower than last year'
UK rents increased by 1.2 per cent in September and have risen by 2.6 per cent in the last two months, new research has revealed.
Read Article ... Published on 19th October, 2009
Landlords 'need to be diligent'
Many people risk invalidating their landlord's home insurance if they fail to disclose information about a past conviction, one sector commentator has claimed.
Read Article ... Published on 16th October, 2009
'More stability needed' in property market
A lack of supply is helping to increase house prices, new research has found, but this may mean there are fewer opportunities for first-time buyers.
Read Article ... Published on 16th October, 2009
London property buyers 'need to earn £93,000'
A salary of more than £93,000 is required if Britons hope to choose London as the base in which to buy their first home, even if the property is an average price, one sector commentator has claimed.
Read Article ... Published on 15th October, 2009
Stamp duty 'should be limited'
The stamp duty holiday has cost the government £201 million in lost revenue in its first 12 months, new research has revealed.
Read Article ... Published on 15th October, 2009
Being a homeowner 'increasingly unrealistic'
Fewer young people are finding that buying a home is a realistic option, as the number of Britons in their twenties choose to rent a property instead, new research has found.
Read Article ... Published on 14th October, 2009
Landlord confidence 'is rising'
Landlords have become more confident about the future of the housing market and for the first time in two years, are predicting the net value of their portfolios to increase in the next 12 months, it has been revealed.
Read Article ... Published on 14th October, 2009
Londoners 'most concerned about climate change'
Across the UK, it is the people residing in the capital who are the most concerned about the impact climate change may have on future generations, new research has revealed.
Read Article ... Published on 13th October, 2009
Remortgages 'continue to fall'
Although the number of new home loans recorded in the past year has increased, remortgaging has continued to fall, new figures have revealed, which could mean that Britons who are struggling financially could find it more affordable to sell up and rent.
Read Article ... Published on 13th October, 2009
James Bond house for rent
Would-be spies and gadget fans may well be impressed to learn that they can now rent James Bond's house, if they have access to £40,000 a week.
Read Article ... Published on 13th October, 2009
Blackheath: Village living in Blackheath
Background
Read Article ... Published on 13th October, 2009
'Plenty of ways' for tenants to go green
There are plenty of ways that both homeowners and rental tenants can reduce their carbon emissions in order to meet next year's 10:10 campaign, one newspaper has asserted.
Read Article ... Published on 12th October, 2009
Rogue landlords 'can be dealt with swiftly'
Local authorities need to work more closely with landlords across the country, the shadow housing minister for the Conservative party has asserted.
Read Article ... Published on 12th October, 2009
Mortgage lending 'unlikely to grow'
Northern Rock, Woolwich and Abbey have all cut their rates by up to 0.6 per cent in response to HSBC extending its own 1.99 per cent deal.
Read Article ... Published on 9th October, 2009
Adding the personal touch
More people are making moves to add a personal touch to their properties, as they opt to stay in their homes for longer, rather than moving up the property ladder, one sector commentator has claimed.
Read Article ... Published on 9th October, 2009
Credit crunch 'stopping people climbing property ladder'
Fewer people have a desire to climb the property ladder as the economic downturn rumbles on, one TV property expert has claimed.
Read Article ... Published on 8th October, 2009
Mortgage lending 'will not shoot up'
The number of financial institutions willing to lend significant figures for the purchase of commercial property has increased recently, however, such lending is unlikely to "shoot away again", one sector commentator has claimed.
Read Article ... Published on 8th October, 2009
London property prices 'will rise'
The property price increases seen in London and the Home Counties will "inevitably" lead to a recovery in the northern housing market "sooner or later", it has been claimed.
Read Article ... Published on 7th October, 2009
Open plan living 'good for entertaining'
As the credit crunch rumbles on, more people are opting to entertain friends and family members at home, rather than spending money going out to restaurants and bars, it is claimed.
Read Article ... Published on 7th October, 2009
Less people choosing to buy in the UK, survey reveals
Fewer people are opting to buy their own houses, which may lead to increased numbers looking for property to rent in Shoreditch, among other places.
Read Article ... Published on 6th October, 2009
Market for rentals is 'hotting up'
Buying a property to rent in Fulham, or elsewhere in London, could be a great option for those looking to get on to the housing ladder.
Read Article ... Published on 6th October, 2009
More property to rent in London needed
More needs to be done to increase the levels of property to rent in Hammersmith - in addition to the rest of the UK - it has been claimed.
Read Article ... Published on 6th October, 2009
Renting 'allows people to get bearings'
For many first-time buyers, accessing mortgage finance "remains a dream", according to one property expert, which may mean that renting is currently a more realistic option to finding a home in the capital.
Read Article ... Published on 5th October, 2009
Unemployment 'making things difficult for buyers'
Record levels of joblessness are having a significant knock-on effect for many first-time buyers, one sector commentator has claimed, which may mean more people decide to continue renting.
Read Article ... Published on 5th October, 2009
Fewer Britons 'look to remortgage'
Although some Britons are taking advantage of the slight decline in property prices, fewer people are remortgaging, it has been revealed.
Read Article ... Published on 2nd October, 2009
Are house prices too good to be true?
As the number of rental properties in the UK increases, prices tenants can expect to pay are falling, new research has suggested, which may be good news for people looking for flats to rent in Shoreditch or another part of London.
Read Article ... Published on 2nd October, 2009
Property prices 'unpredictable'
House prices in London are increasing and leading to prices across the rest of the UK to rise as well, it has been suggested.
Read Article ... Published on 2nd October, 2009
How can tenants make homes greener?
As the credit crunch rumbles on, Britons may find that flats to rent in Eltham or another borough of London are an affordable alternative to taking on a mortgage.
Read Article ... Published on 1st October, 2009
House price decline 'slowing'
Although there has recently been a slight dip in the average UK property price, these declines are slowing, it has been revealed.
Read Article ... Published on 1st October, 2009
