London Rental Property News for March 2008

Owner-occupier market 'stagnating'

Asking prices for newly-listed properties continue to climb even as the stock of unsold homes rises in kind, Rightmove has said.

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

FTBs look abroad to get on property ladder

First-time buyers (FTBs) apparently feel so priced out of the UK property market that more than half are considering looking abroad, it has emerged.

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

Ken: London developments 'need play spaces'

London mayor Ken Livingstone has set new guidelines that will oblige developers to incorporate children's play areas into all residential sites.

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

Owner occupier numbers falling

More and more homeowners are falling off the property ladder as a consequence of the credit crunch, one new report has suggested.

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

Thames Gateway project 'requires leadership'

Former deputy prime minister John Prescott has said that the Thames Gateway regeneration project requires effective leadership if it is to be a success.

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

Red Ken goes green for election bid

London mayor Ken Livingstone has put environmental issues at the heart of his re-election campaign, ahead of a key showdown with his three main rivals for the post this evening.

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

TfL draws up shortlist for Woolwich scheme

Transport for London (TfL) has drawn up a shortlist of four potential developers to take on regeneration work in Woolwich, which will focus on improving transport infrastructure.

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

HMRC clamps down on buy-to-let expats

The government is planning a crackdown on expatriates with buy-to-let properties in the UK who neglect to declare rental income.

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

Capital gears up for Boat Race

The historic Boat Race between the universities of Oxford and Cambridge will once again be taking place this Saturday, March 29th.

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

Lending criteria overhaul in buy-to-let market

A number of new criteria changes are to be brought into effect in the buy-to-let mortgage market, it has been claimed.

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

Cricklewood regeneration moves a step closer

Development plans for the Cricklewood regeneration project have been formally submitted to Barnet Council.

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

Negative equity 'looms large' for FTBs

John Charcol has issued an ominous warning to first-time buyers (FTBs) over the prospect of negative equity.

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

Kew to host Henry Moore exhibition

The Royal Botanic Gardens in Kew is to host a special one-off exhibition profiling the work of English artist and sculptor Sir Henry Spencer Moore.

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

Fashion designer Next moves in Westfield

Popular high-street clothes retailer Next has begun kitting out its store at the forthcoming Westfield London shopping centre.

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

Being a student landlord 'not for everyone'

People who are considering becoming student landlords should fully consider the challenges associated with the job, the Nation Landlords Association has (NLA) said.

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

Buy-to-let investors 'have options' in downturn

The dubious economic climate has not eradicated opportunities for prosperity in the commercial property market, it has been claimed.

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

Budget 'has failed FTBs'

Last week's Budget should come as a disappointment to first-time buyers (FTBs), one leading online conveyancing firm has claimed.

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

Luxury apartments slated for St James

Greek shipping tycoon Achilleas Kallakis has won approval for his bid to develop a St James' Park office block into luxury apartments.

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

FTB numbers hit record low

The numbers of first-time buyers (FTBs) getting onto the property ladder has reached an all-time low, it has emerged.

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

Mortgage rates 'out of reach' for FTBs

The average interest rate on a mortgage for a first-time buyer (FTB) has reached a seven-and-a-half year high, it has emerged.

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

Landlords offered help with regulations

Landlords in the capital and across the UK have been encouraged to take advantage of the regulative guidance available to them.

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

London 'the best city in the world'

A panel of speakers at the MIPIM property conference in Cannes have described London as 'the best city in the world'.

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

Oxford St to get £40m facelift

Central London's most famous shopping district is to receive a £40 million facelift ahead of the 2012 Olympic Games, it has emerged.

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

Canning Town regeneration scheme unveiled

Ambitious new plans to regenerate one of east London's most deprived areas have been outlined by a leading architect.

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

Budget 'offers no relief' for FTBs

Yesterday's Budget offered precious little relief to first-time buyers (FTBs), a number of industry experts have claimed.

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

London sentiment 'stable'

Investor sentiment in London continues to be 'robust', according to a new report, despite the ongoing economic downturn.

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

Buy-to-let market 'still buoyant'

Buy-to-let in the UK remains buoyant, despite cooling confidence and negative economic forecasts, according to one industry insider.

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

Rental investment market 'remains strong'

The market for property investment remains strong even in the face of the effects of the credit crunch, according to a panel of experts.

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

Landlords told to see the light

Landlords have been told they can transform their properties simply by using the power of light.

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

Cooling market but London still in demand

Signs of cooling in the housing market have been identified by Rics, but the exorbitant costs of the London market remain largely untouched.

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

Londoners told to brace for second storm

Property owners across the south-east are being advised to take suitable steps to ensure they do what they can to minimise damage from the second round of the storms that have lashed much of London this week.

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

Govt prepares 'Plan B' for rental sector

Despite assurances that the buy-to-let market remains strong, the government is reportedly considering new measures to ensure private money continues to flow into the rental sector.

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

Over-regulation 'threatens rental market'

Central government must be careful to avoid over-regulating the rental market if it wishes to allow the sector to continue its positive growth, one leading industry group has claimed.

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

'Good times' for buy-to-let investors

Demand for buy-to-let mortgages has reached an all-time high, the Council of Mortgage Lenders (CML) has claimed.

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

Calls for rate cut fall on deaf ears

Concerns about the affordability of mortgages have failed to convince the Bank of England to lower interest rates.

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

Croydon set for mini-Gherkins

Croydon has moved a step closer to getting four dramatic new high-rise buildings that have been dubbed mini-Gherkins, in reference to the City of London's iconic office block.

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

Canary Wharf set to 'go green'

The Canary Wharf Group has confirmed that it is joining forces with the mayor of London and the Clinton Climate Initiative to increase the environmental credentials of one of London's leading financial districts.

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

Brentford to benefit from new stadium

The west London suburb of Brentford is expected to benefit from the construction of a brand new stadium to replace Griffin Park.

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

Edgware regeneration given green light

A regeneration scheme slated for the north London suburb of Edgware has been given the green light by a local planning committee.

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

Two thirds of FTBs postpone home purchase

Among first-time buyers (FTB) looking to get onto the property ladder, two thirds of young people say they are putting off plans to buy their first home.

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

Student rental market 'ideal for landlords'

The National Landlords Association (NLA) has touted the benefits that buy-to-let investors can enjoy by focusing on the student rental market.

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

Evolving property market requires 'holistic' approach

The government needs to take a more holistic approach to matters relating to home ownership and letting, it has been claimed.

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

New leisure centre for Dagenham

Residents of the London Borough of Barking & Dagenham are to benefit from a new leisure centre and swimming pool, it has been confirmed.

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

City Airport expansion debate revs up

Local residents and business professionals have weighed in on a debate over whether or not to expand services at London City Airport.

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

Tottenham riverside regeneration begins

Three brand new business barges have been docked at Tottenham's Hale Wharf, ushering in a new era of regeneration for the River Lee.

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

Thames Gateway 'ideal spot' for airport

It has been suggested that the Thames Gateway - western Europe's largest regeneration project - should consider incorporating plans for an airport into its design.

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

FTBs pushed further out of market

First-time buyers (FTBs) look set to be pushed further out of an already-hostile property market due to the decline of 100 per cent-plus mortgages, it has been suggested.

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

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