London Rental Property News for October 2008

London council announces successful bio-fuel station installation

Camden Council and commercial liquid biomethane producer Gasrec have announced the successful installation of the first such vehicle refuelling station in Britain.

Read Article ... Published on 31st October, 2008

London borough males live longest

Men and women in the borough of Kensington & Chelsea live the longest of any authority in Britain, new figures have revealed.

Read Article ... Published on 31st October, 2008

MPC member in recession warning

The UK could face a "relatively deep and long-lasting recession" if interest rates are not cut "aggressively", a member of the Bank of England's monetary policy committee (MPC) has said.

Read Article ... Published on 30th October, 2008

New London mall opens

The new Westfield London mall in the borough of Hammersmith & Fulham has opened its doors today.

Read Article ... Published on 30th October, 2008

Spurs planning new stadium

Those living in the London borough of Haringey could be in for a boost to the economy and facilities following news that Tottenham Hotspur has announced plans to build a new stadium.

Read Article ... Published on 30th October, 2008

Lambeth residents to get say on housing

Those who choose to rent in Lambeth will get the opportunity to have their say on how the council formulates its housing strategy, it has been revealed.

Read Article ... Published on 29th October, 2008

London stays top for Wi-Fi

London is still the best connected city when it comes to Wi-Fi internet, a new study has found.

Read Article ... Published on 29th October, 2008

Report says London well placed to survive recession

In news that may interest those seeking property to rent in London, fresh research has concluded that the capital is one of the best equipped places in the UK to survive the effects of the economic contraction.

Read Article ... Published on 29th October, 2008

New statistics show most London boroughs in house price fall

The latest Land Registry figures have revealed that 30 of London's boroughs have seen a fall in house prices in the last month.

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

Mayor pledge could be good news for motorcyclists

Those who rent in London and travel by motorcycle have received good news from London mayor Boris Johnson, who has announced that owners of such vehicles will be able to use red bus lanes from January 5th 2009.

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

TfL announces contract bidding process for West End station

Transport for London (TfL) has advertised the contract for the tender to carry out work around Tottenham Court Road tube station for the Crossrail project.

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

House prices 'to go on falling'

House prices are set to go on falling until the end of next year, it has been stated.

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

London prices plummet, report shows

London house prices dropped faster than anywhere else last month, new research has shown.

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

Rugg report boost for rental

The Rugg report into the state of the private rental sector has produced recommendations that could make renting in London an even better option in the years ahead.

Read Article ... Published on 24th October, 2008

London set for Olympic broadband boost

The development of broadband internet services for the Olympics will turn London into a major broadband hub for the UK, it has been stated.

Read Article ... Published on 24th October, 2008

Lambeth scheme boost as mayor drops objection

The prospects of a major new property development in Lambeth going ahead have increased following a decision by London mayor Boris Johnson to drop his opposition to the scheme.

Read Article ... Published on 23rd October, 2008

Knife crime 'falls by ten per cent'

The Metropolitan Police has announced a ten per cent fall in knife crime in London over the past year, after it increased the use of stop-and-search tactics.

Read Article ... Published on 23rd October, 2008

Mayor implements new housing policy

Boris Johnson has announced changes to targets for housebuilding in London.

Read Article ... Published on 23rd October, 2008

Housing market to keep on declining, says King

Bank of England governor Mervyn King has predicted that the housing market is likely to go on performing badly.

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

Greenwich Olympic venue 'to be confirmed'

Confirmation that the 2012 Olympic equestrian events will be held in Greenwich Park is expected to come today, it has been claimed.

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

Mayor urged to pursue cross-river tram plan

Members of the London Assembly have urged mayor Boris Johnson to find funding to pay for Transport for London to introduce the proposed Cross River Tram.

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

London boroughs among pioneering green schemes

The London boroughs of Lewisham and Brent are among six locations that will adopt a new pioneering zero-tolerance approach to waste.

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

Bloomsbury to be made friendlier

A new plan to make Bloomsbury friendlier for walkers and cyclists has been approved by Camden council.

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

Landlord agencies condemn name and shame practice

Two of Britain's largest rental industry bodies have joined forces to condemn the practice of naming and shaming those in rent arrears, something that may be good news for those renting in London.

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

Mortgage lending falls again

Mortgage lending was down again in September, new figures have revealed.

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

New market for Westminster

A councillor in the City of Westminster has said he is pleased the borough is to get its first new street market in 50 years.

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

Londoners 'unwilling to sell homes'

New research that could provide another reason to rent rather than buy has been published, showing that many London homes are not staying on the market because sellers are unwilling to drop their prices.

Read Article ... Published on 17th October, 2008

Athletics stadium to be refurbished

The London borough of Enfield is to gain a new Olympic legacy with news that the area's crumbling athletics stadium is to be saved.

Read Article ... Published on 17th October, 2008

Mayor calls for Olympics to be used to cut youth crime

London mayor Boris Johnson has suggested that the Olympics could be used as a vehicle to inspire youngsters and stop teenagers drifting into a life of crime.

Read Article ... Published on 16th October, 2008

Cadbury's to sponsor Olympics

The London Olympics has had some sweet news with the disclosure that confectioner Cadbury's is to sponsor the games.

Read Article ... Published on 16th October, 2008

Mortgage lenders raise tracker costs

Those wondering whether to buy or rent in London may have their minds made up in favour of the latter following news that two lenders are raising their tracker mortgage rates.

Read Article ... Published on 16th October, 2008

New highest restaurant in London to be opened

Those fancying a meal with a view while renting a house or flat in London will be able to do so in style when a new restaurant is opened in the city in 2012.

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

Clipper service 'proving popular'

Those living in the borough of Greenwich are enjoying using the Thames Clipper service, it has been reported.

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

London prices 'to take years to recover'

In news that may persuade many that renting in London is a better option than buying, it has been projected that it will be several years before house prices even return to 2007 levels.

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

London worst for housing transactions, says Rics

The Royal Institution for Chartered Surveyors (Rics) has said London has been the worst-hit part of Britain for falls in housing transactions.

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

London City Airport wins award

London City Airport has been recognised with an award for increasing its passenger numbers last year.

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

Crime falls in borough

The London Borough of Redbridge has seen a fall in crime, it has been reported.

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

Londoners 'must wait' for any benefit from banking bail-out

Those looking to buy a home in London must wait some time for the beneficial effects of the government's £37 billion banking bail-out to feed through, it has been stated.

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

Affordable home target unlikely, says expert panel

The London Assembly has heard that the mayor's target of building 50,000 affordable new homes by 2011 is likely to be "extremely challenging" if not impossible.

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

Well-located London properties over £18,000 more expensive, research shows

In news that may interest those weighing up whether to rent or buy in London, new research has indicated that favourably-located properties in the capital attract a substantial price premium.

Read Article ... Published on 10th October, 2008

Canary Wharf development given go-ahead

Tower Hamlets council has given the green light to a new development at Canary Wharf.

Read Article ... Published on 10th October, 2008

Enfield wins garden award

The borough of Enfield has won an award for its greenery.

Read Article ... Published on 9th October, 2008

Study backs Greenwich for Olympic equestrian site

The original decision to hold the 2012 Olympic equestrian events in Greenwich have been backed by a government-sponsored study, it has been claimed.

Read Article ... Published on 9th October, 2008

House prices still falling

In news which may dissuade those living in London from seeking to get onto the property ladder, house prices have recorded another fall.

Read Article ... Published on 9th October, 2008

New Covent Garden revamp approved

London's largest fresh produce market is set for a major revamp, it has been stated.

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

Mayor happy with London transport crime reduction

London mayor Boris Johnson has welcomed the success of three pilot schemes in the capital that have helped bring down crime on public transport.

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

London rental levels 'still falling'

Average rents are continuing to fall across London, new research has shown.

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

Estate agents report gloomy September

Many of the local London offices of estate agency Kinleigh Folkard & Hayward have reported a gloomy September as the property market continues to face difficulty.

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

Crystal Palace may be rebuilt

New plans have been revealed for the rebuilding of Crystal Palace.

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

New home building tipped to drop further

Those considering buying a house in London may face an ever greater challenge than before as new figures indicate a further drop in the numbers of new homes being built.

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

Consultation may see C-charge western extension scrapped

A consultation set up by London mayor Boris Johnson may lead to the scrapping of the westward extension area of the congestion charging zone.

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

Base rate remit change call rebuffed

A call to suspend the Bank of England's interest rate target has been rejected by chancellor of the exchequer Alistair Darling.

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

Permission sought for Newham regeneration development

Planning permission has been sought for a new regeneration project in the London borough of Newham.

Read Article ... Published on 3rd October, 2008

Mayor announces Olympic legacy team

Boris Johnson announced the names of his Olympic legacy team yesterday.

Read Article ... Published on 3rd October, 2008

Edmonton in new anti-crime initiative

A new anti-crime initiative is being launched in Edmonton in the borough of Enfield.

Read Article ... Published on 3rd October, 2008

London markets month to be launched

Those living near a London market could be in for a treat as London Markets' Month is to be launched this week.

Read Article ... Published on 2nd October, 2008

London prices in new fall

New figures have been published showing that those buying a home in London are at an increasing risk of negative equity as prices continue to fall.

Read Article ... Published on 2nd October, 2008

Mayor in crime pledge

London mayor Boris Johnson has pledged a crackdown on youth crime.

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

HBOS takeover 'could raise mortgage costs'

The cost of a mortgage in London or elsewhere could be set higher because of the takeover of HBOS by Lloyds TSB last week, it has been argued.

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

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