London Rental Property News for September 2008

US vote may worsen credit crunch

The credit crunch has been predicted to continue and possibly worsen following the decision of the US Congress to vote against a federal government plan to bail out lenders who got into trouble in the sub-prime market.

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

Crosby report 'faces delay'

The release of the Crosby report into the state of the UK mortgage market is to be put back while the impact of September's problems in the UK banking sector is assessed, it has been reported.

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

Mayor pressed over East London Line funding

The London assembly's transport committee has been meeting with mayor Boris Johnson to discuss the issue of funding for the East London line.

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

Museum area set for enhancement

The museums area of Kensington is set to see a major enhancement after a £30 million scheme was given the green light.

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

Mortgage lending falls again

Mortgage lending in the UK, including London, has taken a further dip as the credit crunch continues, new figures have revealed.

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

London house prices down again

London house prices have fallen again, raising the prospects of more new buyers in the capital being sucked into negative equity.

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

London boroughs face population surge

The population of London has increased substantially faster than the rest of the country over the past decade, it has been stated.

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

London house prices plummet

House prices in London have continued to drop, new figures have revealed today.

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

Economy 'will not recover until late next year' says MPC member

A member of the Bank of England's monetary policy committee (MPC) has said that Britain is heading for recession and will not see recovery until the second half of next year.

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

Metropolitan line to get air conditioning

London mayor Boris Johnson has taken a ride on the first underground train to get air conditioning.

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

Clapham Junction plans unveiled

New plans have been unveiled that may make the Battersea area a more attractive one for people to rent homes in.

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

Finding home in school catchment areas 'hit or miss'

Those seeking to find a family home in areas that are in the catchment zones for the best schools around London can not be certain that their house falls within its boundaries, it has been reported.

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

Luxury London mansion is repossessed

A luxury west London home has been repossessed by the bank, losing its wealthy owner over £10 million.

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

Jobs mean 'people are tied to the south'

Higher wages in the south of England tethers people to the area, it has been claimed.

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

Housing targets 'could be held back by crunch'

The government's plans to build three million new homes in Britain by 2020 are on course to fall well short barring large-scale government intervention, it will be claimed today.

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

Londoners 'not buying in capital'

Many tenants living in London have found a way to take advantage of the stamp duty holiday.

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

Mortgage competition 'to get worse' after merger

The acquisition of HBOS by Lloyds TSB is bad news for consumers seeking to purchase property, it has been suggested.

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

Mortgage lending down again

Mortgage lending dropped 12 per cent in August from the previous month, new figures have revealed.

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

Londoners prefer Zone 2, says survey

A survey on living in London found that the most popular part of London to live in would be zone 2.

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

Tenants 'snapping up good deals fast'

Tenants looking for rental property in London are quickly snapping up the best deals, it has been stated.

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

No rise in MPC support for rate cut

Anyone hoping to see a base rate cut in the hope of getting a cheaper mortgage to buy a London property may have seen such hopes dwindle today as the minutes of the September meeting of the Bank of England's monetary policy committee (MPC) showed no rise in support for a cut.

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

Inflation up again

The consumer prices index (CPI) rate on inflation rose again in August, it has been revealed.

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

London house prices remain high

In news that may interest those wondering whether they should buy or rent when looking for a house in London, new figures have shown that house prices have remained unchanged in the past 12 months.

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

First-time buyers 'relying on parents'

Young first-time buyers are increasingly turning to their parents for help to deal with the affordability problems they face, new research has indicated.

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

Olympic boroughs to get new gyms

Those thinking of moving into the London Olympic host boroughs are being offered the prospect of having more facilities to keep fit with.

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

Bid to make London more cycle-friendly

Architects have been urged to come up with new designs to help make London more cyclist-friendly.

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

Hindu School could add to appeal of district

The appeal of the Harrow area for potential residents may have grown with news that the country's first Hindu state school has been opened.

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

UK investment confidence plummets further

The state of the UK's housing market is so poor than investors would rather buy US property, an expert has revealed.

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

Week of Peace for Haringey borough

The London Borough of Haringey is to kick off a Week of Peace with a human chain between two Tube stations.

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

City Airport boost for Newham borough

The London Borough of Newham could be set for a massive economic boost with the news of expansion to City Airport.

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

3-year low for UK house sales

House sales in the UK have reached their lowest level for 30 years, according to new research.

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

Demand for rental property outstripping supply in London

The amount of people looking for property to rent in London significantly outweighs the number of available flats or houses.

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

Landlords should 'always' get professional help with lettings

People who are planning to rent out a property in London or other parts of the county should make sure that they seek professional help.

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

Market a property with the kitchen and bathroom

London-based landlords looking to successfully market their properties should make sure that the kitchens and bathrooms are as attractive as possible.

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

Tenants want more than white walls

People who are looking for property to rent in London and other part of the country are interested in flats or houses which stand out from the crowd.

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

Clapham renowned for 'village-like atmosphere'

An esteemed writer for the Times website has praised the south London suburb of Clapham for its "village-like atmosphere".

Read Article ... Published on 5th September, 2008

Southwark to be London's 'greenest' borough

The London Borough of Southwark has signalled its intentions to become the capital's greenest borough with a new recycling project.

Read Article ... Published on 5th September, 2008

Tower Hamlets home to London's best park

Tower Hamlet's expansive Victoria Park has been named "London's Perfect Park" by Time Out magazine.

Read Article ... Published on 5th September, 2008

London voted UK's best city

London has been voted the UK's best city, beating off stiff competition from Liverpool and Edinburgh.

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

Covent Garden restaurant wins prestigious award

An Indian restaurant in Covent Garden has been given the prestigious London Restaurant Award 2008.

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

Londoners believe Olympics will improve city

More than 70 per cent of Londoners believe that the 2012 Olympic Games will be beneficial to the city, a survey has shown.

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

Newham gets clock ticking for London Olympics

The London Borough of Newham has officially started the countdown to the 2012 Olympic Games.

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

Health service boost for Haringey

The London Borough of Haringey has received a boost with the opening of a new £10 million health centre.

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

Kingston-upon-Thames has lowest crime rate in London

The Borough of Kingston-upon-Thames has the lowest crime rate in London, new police technology has revealed.

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

Urban development project for Greenwich

The London Borough of Greenwich will shortly be the site of a major urban regeneration scheme.

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

Stamp duty relief 'very little, very late'

Gordon Brown's announcement today (September 2nd) of a relief in stamp duty will come as "very little, very late" to house hunters.

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

Housing slump hits Buckingham Palace

The slump in Britain's housing market has caught up with perhaps London's most illustrious property, it has been revealed.

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

Olympics on target to bring new jobs

Preparations for London's 2012 Olympic Games look to be on target in their efforts to regenerate several east London boroughs.

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

New home loans down by 71 per cent

The number of mortgages being approved for home buyers has plummeted by 71 per cent in the last year, figures revealed today (September 1st).

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

Westfield set to attract renters

The London Borough of Hammersmith & Fulham is set to attract a new generation of renters with the opening of a new shopping centre.

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

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