News Page 287

Commercial Property News Posts

Repossessions fall but warnings they will mount again

Posted on February 25, 2011 8:45 am by MOVEHUT under Industry News

Repossessions fell to a 3-year low in 2010, but experts advised that a growing number of homeowners would face difficulty during year 2011 and risk losing their house. The Council of Mortgage Lenders said that, “ Lenders recaptured 7,900 homes in the last quarter, down 26% on the similar period a year earlier and 11 % lesser than in the... Read More

Central London Office Market

Posted on February 24, 2011 1:40 pm by MOVEHUT under Industry News

The demand for commercial property in the central London market remains strong leading to low vacancy levels. Construction of St Martins Square Courtyard is complete. This is a joint venture between Shaftsbury and the Mercers Company. They have declared that 94% of the commercial space is now either let or under offer. Shaftsbury said... Read More

Office space in Croydon bought for £78 Million!

Posted on 24 February, 2011 by MOVEHUT under Industry News

Clal and Harel have bought two commercial properties in Croydon, with both firms now having two properties in the UK. Apollo House and Lunar House are now under Israeli ownership after they took over the running of the buildings from Green Property. There is a combined total of 440,000 square feet of office space and it comes as no... Read More

Battersea Power Station development given go-ahead

Posted on 23 February, 2011 by MOVEHUT under Industry News

A development scheme that could improve the quantity of property to rent in the London borough of Wandsworth has been passed by the government. Eric Pickles, Communities and local government secretary has provided a green signal to plans from developer Treasury Holdings to redevelop the grade 2 Battersea Power Station. The plan, which... Read More

London Commercial Property

Posted on by MOVEHUT under Industry News

Recent research has shown that all major cities have seen a drop in commercial rents except Manchester and London. The gap betweenLondon and the rest of the country is becoming further pronounced. London still managed to show great demand and positive rental growth in 2010, while Glasgow, Edinburgh, Leeds and Birminghamlagged... Read More

Route confirmed for Olympic cycling road races

Posted on February 22, 2011 1:49 pm by MOVEHUT under Industry News

The 6 boroughs created on the course for the Olympic cycling road races have been established, which may provide a new cause to find property to rent in London. Starting on the Mall in Central London, the route for the races will bypass Westminster, Hammersmith, Kensington and Chelsea and Fulham, Wandsworth, Kingston-upon-Thames and... Read More

Wandsworth residents have say on town centre plans

Posted on February 22, 2011 8:48 am by MOVEHUT under Industry News

Residents of the property to rent in the Wandsworth of London borough are being pushed to state their feelings about town centre and what changes shall be introduced in it in the coming future. New retail, employment, leisure, residential and educational opportunities have been shaped in the town centre in past years as element of a... Read More

London property prices shooting up through tight supply

Posted on February 21, 2011 12:48 pm by MOVEHUT under Industry News

Knight Frank’s Prime Central London Index ,Bucking the inclination for larger part of the UK, says recent rise has led to annual growth of 10.3 %  in the 12 months to January. Rates are now 26.9 %  more than March 2009 and just 3.4 % under their unsurpassed peak reached in March 2008. Head of residential research at Knight Frank,... Read More

Hot spots for a happy retirement

Posted on February 21, 2011 10:47 am by MOVEHUT under Industry News

Today’s retirees can look forward to decades of active living. The big question is – where? We have scoured cities, along with rural and seaside locations, to find the essential ingredients of a happy retirement. We shortlisted places that have handsome yet manageable homes to suit downsizers intending to spend their later years in... Read More

London Serviced Offices

Posted on February 20, 2011 11:00 am by MOVEHUT under Industry News

Serviced offices and virtual offices are gaining further traction in London. The reasons are many but few of the occupies that don’t need large floor plates are understandably reluctant to commit to long term leases, in uncertain economic circumstances. The whole world shook in the latter half of 2008, after the financial collapse of... Read More

Serviced Offices in London

Posted on February 20, 2011 10:05 am by MOVEHUT under Industry News

London serviced office provider’s offer a large range products to suit a whole spectrum of businesses. The capital has a varied building stock. Most within the core cannot offer parking facilities. However, businesses in London recruit locally and most people either use the tube or trains for moving around the City. London should be seen... Read More

Slight rise in UK property prices in February

Posted on February 19, 2011 3:00 pm by MOVEHUT under Industry News

Residential property prices in the UK rise slightly by 0.8 percent in January but the common trend is downwards, as per the recent index from the Halifax. The Halifax adds,” Rates in the 3 months to January were 0.7% lesser than in the previous 3 months and this continues the small fall on this measure since last spring. The speed at... Read More

Tips for first-time tenants

Posted on February 19, 2011 10:00 am by MOVEHUT under Industry News

Fiona McNulty advises the first-time renters on the most significant things they need to think before renting a property Question: I just passed my college and wish to rent my first flat. I have heard many horror stories about renting, so can you tell me what are the most significant things for me to judge when I rent? Answer: The... Read More

Kate Moss performs a model escape

Posted on 18 February, 2011 by MOVEHUT under Industry News

The supermodel, Kate Moss, has sold her house for £10 million before chief works start on her next-door neighbor’s property. Despite having faced a recent theft and a flooding, Kate Moss managed to sell off her house in St John's Wood earlier this month for £10 million. Mandrake hears that there is, though, a luxury in store for the... Read More

Poor property lending figures set to impact on UK property market

Posted on by MOVEHUT under Industry News

According to experts, “Mortgage approvals for UK  properties dropped more than usual in December because of  their lowest since March 2009 when UK was in the middle of a slump and could drag down the real estate market”. The Bank of England says that the mortgage approvals summed 42,563 in December, down from 47,287 in November and... Read More

UK faces jump in home repossessions if economy slows

Posted on 17 February, 2011 by MOVEHUT under Industry News

Britain is suffering from "a considerable rise in repossessions" if the economy slows, as per the ratings agency Standard & Poor's, as almost 1 in 5 problem mortgages are "severe" cases that show some sign of improvement. The amount of households that have reduced so far behind on their repayments they are considered "strict" is now 20... Read More

Property Post

Posted on February 17, 2011 8:43 am by MOVEHUT under Industry News

I was reading the online news this week and a headline literally jumped out at me  “Citi raises $530 mln for UK commercial property fund” Could this be possible?? Who would get a piece of this yummy pie? Me, Property Investor…..sadly not….read on… Next mini headline “Fund offered to rich investors in EMEA, Asia” I have no... Read More

Property to rent in Bromley: Thyme Out group lauded

Posted on 16 February, 2011 by MOVEHUT under Industry News

A set of volunteers working to develop the surrounds of property to rent in the London borough of Bromley have finished a rigorous training course. A three-year project started by the members of the Thyme Out group to help people with learning disabilities, have passed  from an 18-month Guilds and City course in conservation training and... Read More

Personalized bathrooms becoming popular

Posted on by MOVEHUT under Industry News

According to an expert at Shower drape, “A rising number of homeowners in Britain are choosing to personalise their bathrooms using interior design featuring bright colour”. Sales director at the Shower drape, Jack Shalom,  said that home improvement lovers have dared a little more with their cloakrooms and second bathrooms in... Read More

Homeowners benefit from cheap insulation deal

Posted on by MOVEHUT under Industry News

EDF Energy, the  largest producer of UK of low-carbon electricity, has coupled forces with Wickes, a home improvement retailer to offer reasonably priced DIY insulation to households around the country. Subsidised by energy company, the partnership, which allows homeowners to insulate their households in less money by taking benefit of... Read More

Serviced Offices Reading

Posted on February 16, 2011 11:00 am by MOVEHUT under Industry News

Reading, the ‘capital of the Thames Valley’ is an important region of the expanding economy of the South East, the wealthiest region of the UK. Serviced Offices Reading, play a significant part in assisting established and new start companies. As many companies have their headquarters in Reading, the serviced office market provides the... Read More

Search begins for UK’s first all-solar street

Posted on February 15, 2011 1:40 pm by MOVEHUT under Industry News

A countrywide search has been started to search the first 'solar street' of Britain, where each roof is appropriate for the fitting of free photovoltaic solar panels. Photovoltaic solar systems are estimated to save as much as 50 per cent for the homeowners - an average of £270 - on annual house hold power bills, and Ecovision, the... Read More