LandlordZONE News » News

Mixed fortunes for buy-to-let sector
There is evidence of a split in the buy-to-let market, with the number of landlords extending their portfolio increasing but remortgaging activity tumbling. moneyfacts.co.uk – 26 Nov 2009 Almost half of landlords (48 per cent) obtained a mortgage to extend their portfolio in the third quarter of 2009 ? a vast improvement on quarter four of 2008, [...]
Dubai World and properties built on sand
The world?s tallest building will open in Dubai in just five weeks? time and visitors to its observation deck on the 124th floor will be able to look down on the half-finished buildings and empty construction sites that now litter the Gulf emirate. TimesOnline, David Wighton: Business Editor – 26 Nov 09 Dubai?s once-booming economy has deflated [...]
LandlordZONE Newsletter ? November 2009 ? New Legislation
New Legislation Download the Full Newsletter November 2009 As we are about to enter the second decade of the 21st Century, and with the prospect of a new government half way through next year, perhaps now is a good time to take stock of the planned and likely new legislation which will affect landlords. Since the current government came [...]
Buy-to-let to be regulated under government proposals
Buy-to-let and second charge mortgages will come under the scope of the Financial Services Authority under new proposals from the government for tougher home loans regulation. CityWire.co.uk, Chris Marshall – 25 November 2009 The City regulator hinted at this further regulation of mortgage lending several times in the past, partly in a bid to stamp out ?excessive? [...]
Tenants? deposits vanish as agency collapses
Rugby estate agent Craig Walford has taken over the lettings portfolio of Greenwoods after it went into voluntary liquidation, owing £382,000. The money includes tenants? deposits. EstateAgencyToday.co.uk – 25 Nov 2009 Stephen Greenwood had been in business for 36 years, said Walford, formerly with Newmans and whose own business is three doors away in the town. According to [...]

London News From Property Week

Central London recovery residential fund launched

A closed-ended fund targeting exclusive London residential investments has been launched this week and aims to target the ?bullseye? of the capital exploiting opportunities in Knightsbridge, Mayfair, Chelsea and Kensington.

Terrace Hill sells Covent Garden office for £16m

Terrace Hill has sold Kean House in London?s Covent Garden for £16m.

Student accommodation sector robust says Knight Frank

Rental growth in the student accommodation sector remains robust, recording a growth of 5% a year over the last six years, compared to 0.6% for commercial property, according to Knight Frank.

Cushman poaches JLL West End agency head

Jones Lang LaSalle?s head of West End office agency has been poached by Cushman & Wakefield.

Bank of China buys £100m One Lothbury

Bank of China has bought One Lothbury in the City of London for £100m.