London Rental Property News for December 2007

Hackney top ten property hotspot: Property hotspots for 2008

property hotspots for 2008.

Read Article ... Published on 31st December, 2007

Mortgage lending shows signs of slow-down

Financial experts have claimed that mortgage lending in November slowed yet further from October levels, suggesting that greater numbers of people are turning to rental property.

Read Article ... Published on 28th December, 2007

Russian bank targets Hammersmith development

A Russian bank is set to launch a large-scale investment in prime west London residential property, according to reports.

Read Article ... Published on 27th December, 2007

West London's buzzing borough gains visitors

The west London borough of Hammersmith and Fulham attracted more visitors in 2006 than ever before, according to new research.

Read Article ... Published on 27th December, 2007

Somers Town debates medical centre plans

With Christmas on its way the Somers Town neighbourhood in the borough of Camden is set to be gifted with a state of the art medical research centre – but not all residents are welcoming the project with open arms.

Read Article ... Published on 24th December, 2007

Shepherd's Bush stop and shop rebuild

West London is set for an upgrade in a set of key shopping and transport facilities, but not without causing a few months of inconvenience.

Read Article ... Published on 24th December, 2007

Rics: lenders now more selective

Real estate experts have claimed that the 'credit crunch' is taking a heavy toll on UK property lending.

Read Article ... Published on 21st December, 2007

Wandsworth property prices 'drop 7%'

Wandsworth house prices have dropped by seven per cent this month, making the borough a haven for bargain-seeking buyers and tenants, it has been claimed.

Read Article ... Published on 21st December, 2007

Landlords 'ahead on EPC improvements'

Landlords renting out properties with buy-to-let mortgages are ahead of the game in ramping up the green credentials of flats and houses, it was claimed.

Read Article ... Published on 21st December, 2007

Crystal Palace boasts safety credentials

The Crystal Palace area has been given a boost by news that its community defenders were named the joint winners of the Metropolitan Police's award for Best Safer Neighbourhood Team 2007.

Read Article ... Published on 20th December, 2007

'Rental demand will rise, but no mad rush'

Property specialists have claimed that rental demand is likely to rise over coming months, but stopped short of predicting a mad rush for property in London or elsewhere.

Read Article ... Published on 20th December, 2007

Let-to-buy 'can help' early-stage buyers

Let-to-buy mortgages can be useful for people on the early stages of property hopping, but are not wide-reaching or as relevant as they used to be, according to property experts.

Read Article ... Published on 20th December, 2007

Regenerated station areas 'lead property push'

Regeneration work around major London rail stations is adding to the value of property in surrounding areas, according to a new property forecast.

Read Article ... Published on 19th December, 2007

CML: EU right to ditch mortgage directive

The Council of Mortgage Lenders (CML) expressed relief today that the European Commission's white paper on mortgages, published today, would not be recommending a mortgage directive without further study.

Read Article ... Published on 19th December, 2007

London leads buy-to-let confidence

The UK rental property market is booming and buy-to-let confidence is high, according to a new survey of landlords.

Read Article ... Published on 19th December, 2007

Hips 'are not trusted'

Real estate specialists have claimed that Home Information Packs (Hips) and Energy Performance Certificates (EPCs) are not trusted or considered important by many landlords and property solicitors.

Read Article ... Published on 18th December, 2007

Key Worker Scheme 'lacks political will'

Emergency service workers and teachers in London and the south-east are not being provided with the Key Worker homes they were promised, property specialists claimed.

Read Article ... Published on 18th December, 2007

Rental demand 'booming' as sales stagnate

A new report from the Royal Institution of Chartered Surveyors (Rics) has revealed that landlords are reporting a stagnation in home sales, but a rise in rental demand.

Read Article ... Published on 18th December, 2007

Building vacancy rates 'too high'

With high vacancy rates for new city accommodation developments, property experts have claimed that further efforts should be undertaken to make empty flats more available to renters and buyers.

Read Article ... Published on 17th December, 2007

Surrey 'superbia' brings calm 'inside the M25'

A new belt of luxurious suburban properties has developed into the most sought-after location for renting and house-buying in the London area, according to the Daily Telegraph.

Read Article ... Published on 17th December, 2007

Housing dip 'could affect equity release'

Equity release schemes could be strongly affected by the housing slump, should the UK continue to talk itself into a long-term crisis, experts have claimed.

Read Article ... Published on 17th December, 2007

Strong rental demand 2008 'as buyers get older'

High current prices and uncertainty over a potential fall in value over coming years are combining to make many Brits favour renting over house buying, it was claimed.

Read Article ... Published on 14th December, 2007

Young professionals are 'ideal tenants'

Young professionals with reliable above average incomes are the 'ideal tenants' for many landlords, according to real estate specialists.

Read Article ... Published on 14th December, 2007

SW3 is 'most exclusive neighbourhood'

The Brompton neighbourhood of west London has been named as the priciest and most desirable in the capital by Forbes.com.

Read Article ... Published on 14th December, 2007

Buy-to-let 'must be thought through'

Property experts have claimed that with many people looking to rent property, buy-to-let mortgages could still be very worthwhile, but only so long as people considered prices very carefully.

Read Article ... Published on 13th December, 2007

Spitalfields combines festival and finance

The Spitalfields area of east London is already known as one of the capital's most vibrant and up-and-coming spots, but the area is now granted further interest by current winter events.

Read Article ... Published on 13th December, 2007

London is 'top city for investors'

Buying property in the capital is not set to get any easier, with London now labelled the top city for investors.

Read Article ... Published on 13th December, 2007

House prices may be 'too low for sellers'

Recent drop-offs in house prices will influence property decisions, but will not necessarily lead to more buying, it has been claimed.

Read Article ... Published on 12th December, 2007

DLR stop boosts Langdon Park regeneration

A new £7.5 million station opened on the Docklands Light Railway (DLR) this week will look to kick-start regeneration in an up-and-coming area of Tower Hamlets.

Read Article ... Published on 12th December, 2007

Mayor launches green homes advisory service

A new energy saving programme tailored for London residents could see renters and homebuyers bombarded with tips on cutting carbon emissions and home energy use.

Read Article ... Published on 12th December, 2007

Ken to curb landlord emissions

Mayor of London Ken Livingstone has launched his own plans to tackle climate change single handed – with dual measures looking to curb both business and residential emissions.

Read Article ... Published on 11th December, 2007

Southwark art haven to receive cash boost

The Southwark neighbourbood could soon see its cultural credentials raised further as one of its most famous features gets a huge funding boost.

Read Article ... Published on 11th December, 2007

Uncertain times ahead, says CML

Uncertain times ahead may prove awkward for first-time buyers looking to get on the property ladder.

Read Article ... Published on 10th December, 2007

Hips expert: 'Problems for buyers and sellers'

The deputy director general of the Association of Home Information Pack Providers (AHIPP) has spoken of the difficulty of purchasing a house in light of proposed changes to Hips.

Read Article ... Published on 10th December, 2007

'No quick fix for FTBs'

The slowdown in the housing market will ease pressure on those looking to get on the property ladder but will not deliver the shot in the arm for first-time buyers that some analysts are anticipating.

Read Article ... Published on 10th December, 2007

Rate cut 'not enough to spur house buying'

The Bank of England has cut basic interest rates by a quarter of a per cent, but the slash may not be enough for markets or for first time homebuyers, it has been claimed.

Read Article ... Published on 7th December, 2007

People 'worry about but misunderstand' the housing shortage

Some 80 per cent of UK citizens are deeply concerned about housing shortages across the country, reports have claimed.

Read Article ... Published on 7th December, 2007

Ten London boroughs 'harmonise regeneration plans'

A meeting occurred this week to inaugurate one of London's biggest regeneration projects, which will encompass homebuilding projects in as many as ten London boroughs.

Read Article ... Published on 7th December, 2007

House price drop 'doesn't make buying much easier'

Real estate experts have claimed that despite the recent drop in housing prices in London and elsewhere, home-seekers should not get too excited.

Read Article ... Published on 6th December, 2007

Gulf investment group 'to shed London properties'

A massive holder of properties across London is set to sell off an array of its bases in the capital.

Read Article ... Published on 6th December, 2007

'Be thorough about renting'

Leading financial website ThisIsMoney.co.uk has issued advice to accommodation seekers looking to rent, telling them that – especially in London – it was crucial to do things thoroughly.

Read Article ... Published on 6th December, 2007

Buy-to-let a 'safe market'

The buy-to-let market will remain resilient in the face of any property slowdown, a leading expert has claimed.

Read Article ... Published on 5th December, 2007

Demand remains 'robust' for London property

The London property market will weather the current slowdown in the property market, a leading estate agent has forecast.

Read Article ... Published on 5th December, 2007

Analysts backing base rate freeze

Analysts are expecting the interest rate to remain on hold when the monetary policy committee (MPC) meets tomorrow.

Read Article ... Published on 5th December, 2007

Thames Gateway plans unveiled

Shrewd accommodation seekers with an eye for a bargain could soon be looking to rent in the Thames Gateway, as government plans for regenerating the area took shape this week.

Read Article ... Published on 4th December, 2007

Properties close to tube 'cost 21% more'

London house prices in close proximity to tube stops are on average 21 per cent more expensive than property further away, it has been claimed.

Read Article ... Published on 4th December, 2007

Tenancy Deposit Scheme questioned

The Residential Landlords Association (RLA) has called into question the provisions of the Tenancy Deposit Scheme (TDS), sounding a note of concern with the scheme despite several positive responses.

Read Article ... Published on 4th December, 2007

London rental demand 'highest for five years'

A recent survey of London letting agents has shown that demand for rental property in the capital is at its highest for five years.

Read Article ... Published on 3rd December, 2007

Hackney set for revamped leisure centre boost

Hackney's appeal to rental property seekers and homebuyers alike is set to be boosted by the reopening of a revamped leisure centre.

Read Article ... Published on 3rd December, 2007

Islington primed for rental demand

Buzzing north-central London neighbourhood Islington has proved one of the biggest movers in status over recent years, according to a new London suburb ranking.

Read Article ... Published on 3rd December, 2007

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