Property News, Gazette, Secrets, Tips and Essential Information
Six suspects have been arrested during a search operation on 19 properties throughout England. Three are being held in custody to appear before magistrates. The action relates to an investigation into suspected advance fee fraud and commercial rent fraud. The searches, involving more than a hundred investigators and police officers, took place to prevent further loss to victims.
Outline
Operating [...]
Lambert Smith Hampton say flexibility the future for commercial property
Andrew Gordon, Director of Lambert Smith Hampton’s (LSH’s) Cambridge Office, believes it’s not just the biotech companies that need flexibility when it comes to office accommodation.
CAMBRIDGE, ENGLAND, November, 2009
Andrew thinks more business incubators are needed for start-up and fledgling companies rather than traditional office space. [...]
The October data from Land Registry’s flagship House Price Index shows a positive monthly house price change of 0.6 per cent, which is the fifth month in a row in which the movement has been above nought per cent.
The annual change stands at minus 3.4 per cent. This is the sixth month in a row [...]
New online property auction website, auctionmove.co.uk, is offering estate agents the chance to promote their properties, including difficult to sell locations to a new audience, free of charge.
auctionmove.co.uk will provide estate agents with the opportunity to add an auction arm to their existing business, without impacting on commission.
Estate agents will also be able to have [...]
Firms have continued to cut their property holdings in the past six months, the latest CBI/GVA Grimley Corporate Real Estate survey reveals.
This follows widespread space reductions since the turn of the year, and further shrinkage over the next six months is expected.
The twice-yearly survey, conducted between 26 August and 16 September 2009, shows that while [...]
Speech by Lesley Titcomb, Director of Small Firms and Contact Centre, FSA
Keynote address to the European Mortgage Federation’s annual conference
19 November 2009
Around the world the financial crisis has required interventions of unprecedented scale. The support of governments and central banks has been crucial and will remain a significant factor for the foreseeable future. The causes [...]
UK’s property millionaires down 35% since market peak in Nov 2007
57% of all UK homes worth over £1 million located in London
North East hardest hit, losing 83% of property millionaires in past 2 years
The number of million pound properties in the UK has shrunk by 35% over the past two years, despite the recent upturn [...]
Real estate investment trusts (Reits) should be allowed to count stock dividends towards their 90 per cent income distribution requirements, say the country’s biggest developers.
The British Property Federation (BPF) has written to the Treasury calling for the amendment to be made in the upcoming pre-Budget report.
The trade body, which represents developers, investors and agents, believes [...]