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London Property: Still Making the Money
With the most intensive part of the recession and credit crunch now seemingly overcome at a national level, the London property market is showing a signs of economic recovery, as the last quarter of 2009 saw increased confidence in sales. Houses for sale have been coming onto the market at a much greater pace, [...]
Empty rates exemption extended
Chancellor Alistair Darling has extended the relief on Empty Rates tax for properties below the value of £18,000. Nick Duxbury, PropertyWeek.co.uk – 9 Dec 2009 Speaking in the House of Commons this afternoon as he delivered the Pre-Budget Report, Darling said that the rates charges would be extended throughout next year and that the threshold for property [...]
Landlords support Walker Review on Water Debt
The Residential Landlords Association is backing the Walker Review proposal to re-introduce sanctions for non payment of water bills – but still has concerns about implementation. Disconnection has not been an option for the last decade ? and that is said to be one of the reasons for bad water debts rising from around £684 million [...]
Why is possession so much higher in the US?
When a funding market crisis followed hot on the heels of a collapse in the sub-prime sector, US mortgage and housing markets were swept up in a storm. CML News & Views – 8 Dec 09 Some feared that similar problems would create a whirlwind here too, but the causes of the housing market downturn were different [...]
National Landlords Association Responds To Walker Review On Water
Vincenzo Rampulla, Public Affairs Officer, National Landlords Association, responding to The Walker Review of Charging for Water?s recommendations today: “The National Landlords Association (NLA) welcomes the Review?s recommendations which would stop water companies from simply passing bills to unsuspecting landlords when tenants? fail to pay for the water they use. “We have worked closely with Government and [...]

London News From Property Week

Heron promotes Goldstein to deputy chief executive

Heron has promoted Jonathan Goldstein to deputy chief executive in a restructure of its board.

PW TV: Ken Livingstone criticises Prince Charles over Chelsea Barracks interv...

Former Mayor of London Ken Livingstone accused the Prince of Wales of having caused a "tragic lost opportunity" by intervening in the Chelsea Barracks planning process at the Movers & Shakers breakfast last week.

Sales in London?s West End increase

Consumers buying ?big ticket? items before VAT increases next year are driving a surge in sales ahead of the Christmas rush.

Clyde & Co to move to Minerva's St Botolphs development

Clyde & Co has agreed to prelet 145,000 sq ft of office space at Minerva's St Botolphs scheme in the City of London.

Great Portland Estate jvs buy £35m of Regent Street assets

Great Portland Estates, through two separate joint ventures, has bought two long leasehold interests on Regent Street in London?s West End for £35m from clients of F&C REIT.