An interesting insight into the construction sector
Phillip Inman and Alex Hawkes, Sunday 31 October 2010
The Shard of Glass is just the kind of totemic confidence booster the country needs. Sandwiched between London Bridge station and Guy’s hospital on the south bank of the Thames, it will be the tallest building in Europe when the first tenants cross the threshold in 2012. It will also charge the highest commercial rents outside New York and Tokyo.
The Renzo Piano-designed Shard could become a symbol of London’s renewed vigour following the worst banking crash since 1929. It could also become the opposite, according to analysts who fear that Britain will fall back on its old allies of construction and financial services to boost recovery.
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on Friday, 22 October 2010
Over the years leading London estate agent Winkworth has had a fairly steady stream of Chinese buyers. Clerkenwell is a particularly popular area as it is close to University College London and the London School of Economics.
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by Jackie Biggin for Mumford & Wood Ltd, Thursday 21st October 2010
So much so, windows and doors that do not comply with the thermal insulation performance stipulated in the new legislation can no longer be specified. The notable exception being those required in Listed properties and those of significant architectural importance.
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by Jon Land on Tuesday, October 19th, 2010
Like a boxer clinging onto the ropes, we are desperately hoping for the final bell. The problem is we haven’t even had confirmation of the budget cuts yet – the knockout blow is still to be landed.
For those struggling to keep up with the flurry of housing-related announcements in recent weeks, this is what you need to know – get a job in the private sector, fast.
For months, social housing’s …
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By Mike Jones on Tuesday 19th October 2010
In September, UK rents rose to £689, surpassing those seen in August 2008, the previous market peak. The average UK rent is now 3.1% higher than the same time last year, following eight consecutive months of rises.
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By Jennifer Ryan on Wednesday 13 October 2010
“It’s really important that we keep interest rates low for as long as possible,” Shapps said at a conference for the homebuilding industry in London yesterday. “The biggest problem at the moment is that people can’t afford to buy your product because they can’t get the lending to get it.”
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by by Mark Johnston on Tuesday, 9 October 2010
Fears are still growing of a property price crash as house prices continue to fall. Last month figures dropped by an average of £6,000 for a house in the UK.
The figures published by Halifax showed further decline in the UK market as Septembers figures dropped by 3.6% which was the largest fall since the Halifax started to track house price figures back in 1983. Market analysts are now warning that they are expecting to see further falls to come.
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07 October 2010
According to research from property portal Zoopla, the number of homeowners who believe that home values are set to rise has fallen from 78 per cent ten months ago to 63 per cent now.
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Thursday, 7 October 2010
As the fund and the World Bank prepare for their annual meetings in Washington, the IMF’s World Economic Outlook points to still-high house prices in Britain as being “worrisome”, despite measures such as two stamp duty holidays to boost demand.
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by Ray Clancy on Tuesday, 05 October 2010
Tenant registrations soared over July and August, finishing 47% up on May and the number of potential renters in August was up 14% on last year, according to Winkworth’s latest quarterly review analysing trends and the outlook for the UK residential property sales and lettings markets.
In contrast, the number of rental properties on the market in August was over 50% lower than a year ago. Dominic Agace, chief executive officer of Winkworth, said that this shortfall in supply has pushed up rents.
‘Rentals have seen price increases following a shortfall in investment in the sector by private landlords due to the suspension of buy to let mortgage products over the last two years and the selling off of accidental landlord properties.
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