Archive | April, 2009

Johnson backs down on housing targets

After all the fuss between the London Mayor and local councils about affordable housing targets earlier on in the year, Johnson has announced plans to “review” them. The Mayor unveiled his proposals for changes to the London Plan yesterday evening – this is the blueprint for development for the capital, and outlines the Mayor’s thoughts […]

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Foxtons and OFT clash to start tomorrow

Estate agent Foxtons is to appear in the dock this week in a long-awaited court battle with the Office of Fair Trading that could have major implications for the industry. The case is one of several ongoing sagas for the London-based agency. Along with rumours of a £90m debt-for-equity swap , the firm owned by US […]

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HCA announcement in next few days…

Further to my post yesterday – we understand that the Homes and Communities Agency is set to make an announcement on the private rented sector fund in the next week. This ties in with Sir Bob’s comment yesterday that “talks are ongoing” with the private sector. Although we were expecting an HCA announcement on the […]

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Beckett remains tight-lipped over PRS

Having just left a press conference held jointly by two of the most influential figures in the residential market – housing minister Margaret Beckett and HCA chief Sir Bob Kerslake – it is hard to see any glimmers of hope for an institutional private rented sector coming any time soon. Sir Bob – about whom […]

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Torys muse social housing reforms

I’ve just got back from the launch of a paper by Boris Johnson’s mate Stephen Greenhalgh, the Conservative leader of Hammersmith & Fulham council that could have significant implications for social housing in the UK. Greenhalgh and surveyor John Moss have co-authored a report that wants to see social housing rents brought up to near-market […]

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Will the Budget save the housing market?

The housing sector is waiting with anticipation to hear what relief will be brought for them from this week’s Budget. The unenviable task of answering bail-out calls from almost every industry in the UK lies before Alistair Darling this Wednesday. As far as residential property is concerned, a raft of practical measures are being called […]

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Persimmon and the £2.9m pay drop

Persimmon’s annual financial results  (p31 for the pay report) this week revealed that the group’s nine top directors saw their take-home pay fall by more than half in 2008 and there is not much better forecast for 2009. Clearly it’s the kind of measure companies are taking across the UK, particularly housebuilders, but the amounts […]

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Welcome to Helen’s residential blog

Hello, and welcome to my new residential blog. I’m the residential reporter at Estates Gazette, and this blog will be my take on the latest news from the resi world, and analysis of the biggest stories of the moment, along with hunting out highlights for you from across the web. I also look forward to […]

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