London Rental Property News for February 2008

Rental sector 'solution to house price woes'

Expansion of the private rental sector could be the key to halting the UK's runaway house price inflation, one industry expert has claimed.

Read Article ... Published on 28th February, 2008

Buy-to-let market 'primed for 2008'

The UK buy-to-let market looks set to enjoy a solid year in 2008 with rental demand showing no signs of slowing down, the Association of Residential Letting Agents (ARLA) has said.

Read Article ... Published on 28th February, 2008

Attitudes shifting over property ownership

Brits are no longer obsessed with aspirations to own property and are content with renting for longer periods, it had been claimed.

Read Article ... Published on 28th February, 2008

Govt focuses on neighbourhood policing

Prime minister Gordon Brown has outlined his vision to bring local communities closer into the fold of neighbourhood policing.

Read Article ... Published on 27th February, 2008

US-style rental sector 'implausible'

Savills has rejected calls from the British Property Federation to introduce a US-style professional rental sector, deeming the proposals unviable.

Read Article ... Published on 27th February, 2008

CML: Buy-to-let market thriving

The Council of Mortgage Lenders (CML) has said that the buy-to-let market continues to thrive in spite of the wider property downturn.

Read Article ... Published on 27th February, 2008

Half of renters 'will never buy home'

Half of all people who currently rent property in the UK have no intention of ever buying their own home, one new study has revealed.

Read Article ... Published on 27th February, 2008

Young people 'concerned' about house prices

The south-east's UK Youth Parliament (UKYP) has placed access to affordable housing top of its political agenda, it emerged this week.

Read Article ... Published on 26th February, 2008

Buy-to-let yields surge again

Rental yield for buy-to-let investors rose again in January to reach a two-year high, one new report has suggested.

Read Article ... Published on 26th February, 2008

Buy-to-let 'not impacting on property prices'

The success of buy-to-let investments has not significantly contributed to rampant house price inflation in the UK, one industry expert has claimed.

Read Article ... Published on 25th February, 2008

Homes superagency edges closer

A superagency tasked with spearheading housing and regeneration efforts across the country could start work five months ahead of schedule, it has emerged.

Read Article ... Published on 25th February, 2008

Tate Modern 'one of world's best galleries'

The Tate Modern in the Bankside area of Southwark has made it onto a list of the world's top ten art galleries, it has been confirmed.

Read Article ... Published on 25th February, 2008

Ken leaves skyscraper legacy for London

London mayor Ken Livingstone's most visible impact on the capital will be his relentless enthusiasm for skyscrapers, an editorial piece in the Guardian has suggested.

Read Article ... Published on 22nd February, 2008

Tottenham Partnership steps up regeneration

Local officials in north London's Tottenham district have launched a new drive to involve local residents in regeneration of the area.

Read Article ... Published on 22nd February, 2008

Renewed eco focus for London developers

Developers in the capital have been urged to redouble their focus on energy efficiency in a bid to make the capital a "global pioneer" in environmental planning.

Read Article ... Published on 21st February, 2008

Kensington dominates Rich St list

A huge proportion of the most expensive streets in England and Wales are to be found London's fashionable Kensington & Chelsea borough, new research has found.

Read Article ... Published on 21st February, 2008

Kingston property 'recession-proof'

The Royal Borough of Kingston Upon Thames appears to be successfully weathering difficulties in the housing market, Knight Frank is claiming.

Read Article ... Published on 21st February, 2008

Islington rental market 'performing well'

Winkworth is reporting high levels of demand for residential properties in the London borough of Islington.

Read Article ... Published on 20th February, 2008

More restaurants sign up to Westfield

Wagamama, The Real Greek and Leon have become the latest restaurants to secure a plot in the forthcoming Westfield London shopping centre.

Read Article ... Published on 20th February, 2008

Uncertain property market 'boosts lettings'

Lingering concerns about the UK house market are providing a welcome boost to lettings in the capital, it has been suggested.

Read Article ... Published on 20th February, 2008

London super-prime props up capital

London's property market looks set to outperform all other UK areas due to the growth in super-prime dwellings, one leading global property consultant has claimed.

Read Article ... Published on 19th February, 2008

Landlords flood buy-to-let helpline

The National Landlords Association (NLA) has said it received a record number of calls to its advice hotline last year.

Read Article ... Published on 19th February, 2008

Elephant & Castle regeneration scrutinised

Southwark Council has heard objections put forward by the Elephant & Castle Shopping Centre Traders' Association (ECSCA) over regeneration of the borough.

Read Article ... Published on 19th February, 2008

First-time buyers in London 'look abroad'

Londoners trying to get on the property ladder are increasingly looking to invest in emerging markets overseas while renting property in the capital, it has been suggested.

Read Article ... Published on 19th February, 2008

London Councils to protect regeneration funds

London Councils - a lobbying organisation representing the capital's 33 boroughs - is seeking to protect funds set aside for local regeneration in new developments.

Read Article ... Published on 18th February, 2008

Buy-to-let 'remains buoyant'

Brokers working on behalf of buy-to-let investors are predicting that eight out of ten landlords will make positive returns this year.

Read Article ... Published on 18th February, 2008

Rentals undergo 'phenomenal' rise in value

Rental properties in the capital have undergone a "phenomenal" rise in value, one leading high street bank has claimed.

Read Article ... Published on 15th February, 2008

Aylesbury regeneration moves forward

The regeneration of south-east London's Aylesbury Estate has moved one step closer to fruition, with the naming of the housing association tasked with developing the site.

Read Article ... Published on 15th February, 2008

2012 will have 'real legacy' on London

London 2012 will be the "Regeneration Games" and will leave a profound legacy on the British capital, the head of the Olympic Delivery Authority has said.

Read Article ... Published on 15th February, 2008

Docklands apartment towers prove popular

Demand for apartments in a landmark residential development close to Canary Wharf reportedly remains strong, despite the alleged property slowdown.

Read Article ... Published on 14th February, 2008

Inflation report 'bad news' for mortgage holders

The government's latest inflation report spells bad news for people paying off mortgages, the Bank of England's chief economist has confirmed.

Read Article ... Published on 14th February, 2008

Historic London views to be preserved

Panoramic views of London that have been enjoyed for centuries by England's ruling monarchs are to be preserved, according to the Evening Standard.

Read Article ... Published on 14th February, 2008

Capital 'sees biggest fall in owner-occupiers'

High house prices have resulted in a huge drop in the number of people who own and live in a home in the capital.

Read Article ... Published on 13th February, 2008

London council tax increase 'below inflation rate'

Council tax for those living in the capital will be held below the rate of inflation, mayor Ken Livingstone is set to announce.

Read Article ... Published on 13th February, 2008

Camden regeneration requires 'integrity'

Regeneration of Camden Lock Market must be carried out with "integrity," the Federation of Small Businesses (FSB) has said.

Read Article ... Published on 12th February, 2008

London house prices buck trend

House prices in the capital have stormed ahead of many other parts of the UK, rising an incredible 14.6 per cent over the past year.

Read Article ... Published on 12th February, 2008

Ken to voters: On yer bike

Details of London's most ambitious cycling plan ever have been unveiled by London mayor Ken Livingstone.

Read Article ... Published on 12th February, 2008

H&F uses YouTube to trump tax cuts

Hammersmith & Fulham (H&F) has taken an innovative approach to raising awareness of its latest round of council tax cuts.

Read Article ... Published on 12th February, 2008

New sub-committee for London housing

London mayor Ken Livingstone is to chair a new sub-committee tasked with speeding up the capital's £3 billion homebuilding programme.

Read Article ... Published on 11th February, 2008

Buy-to-let 'retains appeal'

Landlords are reportedly standing by the buy-to-let market, undeterred by recent jitters about the UK house price values.

Read Article ... Published on 11th February, 2008

NAEA: rate cut is welcome

Cutting the base rate by 0.25 per cent was exactly what the property market needed, property experts have claimed.

Read Article ... Published on 8th February, 2008

London house-building exceeds 2007 targets

Rental property is still the most logical choice for many young workers setting up in the capital, but London home-building plans are making home ownership a less distant prospect for many.

Read Article ... Published on 8th February, 2008

Active council 'making Lambeth better'

Rental property-seekers have been given a host of reasons to set up in the Lambeth area by a rapidly improving local council.

Read Article ... Published on 8th February, 2008

NLA: Rental yields holding up property market

Figures showing the continued rise of buy-to-let property are evidence of landlord confidence, according to the National Landlords Association (NLA).

Read Article ... Published on 7th February, 2008

Commute is 'shorter by water'

Riverside communities in London could soon hold a higher premium for rental property-seekers and home-buyers – and not only for the views across the Thames.

Read Article ... Published on 7th February, 2008

Creative mixed-use development comes to Deptford

Up-and-coming south-east London neighbourhood Deptford is to be gifted with a new mixed-used development that could boost its appeal with creative-minded rental property-seekers.

Read Article ... Published on 7th February, 2008

Top mortgage deals 'being phased out'

A decline in the amount of 100 per cent plus mortgage deals is a sign of the increasing difficulties facing first-time buyers, according to Moneyfacts.co.uk.

Read Article ... Published on 6th February, 2008

Private rented sector harnessing student boom

Student accommodation in the private rented sector has emerged to become an important source of rental demand – and much more than a niche property market, a new report claimed.

Read Article ... Published on 6th February, 2008

Hampton Wick development plans are 'divisive'

A south-west London area has seen Mayor Ken Livingstone give the green light for a residential development project, but not all locals are in favour of the Richmond borough plans.

Read Article ... Published on 6th February, 2008

Prime London property 'on upswing'

Property specialists Knight Frank have claimed that luxury home prices in the capital are surviving any perceived downturn in London property- and are in fact gaining value.

Read Article ... Published on 6th February, 2008

New developments on road to Wembley

A new development of townhouses in Wembley could add to the development and increasing appeal of the north west London area for residential property-seekers.

Read Article ... Published on 6th February, 2008

Greenwich Peninsula plans submitted

A popular corner of south-east London could soon see its appeal boosted for rental property-seekers and homebuyers.

Read Article ... Published on 6th February, 2008

Low Emission Zone comes into force

London's Low Emission Zone (LEZ) became a reality today, as the capital looks to create healthier living conditions by placing new restrictions on vehicles.

Read Article ... Published on 4th February, 2008

Landlords 'in for long haul'

Rental property is often held and developed over longer periods by landlords, according to housing specialists.

Read Article ... Published on 4th February, 2008

Landlords 'more often friend than foe'

Renting out property could soon become an even more popular choice for young people, as a report revealed that the relationship between tenants and landlords was often very amicable.

Read Article ... Published on 4th February, 2008

Waterloo ready for hotel boost

A new luxury hotel is to be opened in the Waterloo area, with developers tipping the project to help revitalise the area and draw in both tourists and property-seekers.

Read Article ... Published on 1st February, 2008

Government 'needs to ensure housing stock'

Affordable housing experts have claimed that more needs to be done to ensure that new decently priced housing arrives on the market in a quantity great enough to meet demand.

Read Article ... Published on 1st February, 2008

Historic Hackney park gets funding boost

A cherished haven of nature and tranquillity in north-east London is to receive a massive funding boost, as the London Borough of Hackney seeks to preserve one of its hidden gems.

Read Article ... Published on 1st February, 2008

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