Sir, I agree with deputy mayor Richard Blakeway’s view that new types of housing will come to market in the years to come, including the expansion of intermediate stock and rented accommodation, which will help to retain residents of all income ranges in the capital (Tale of two Londons, 15.11.13, right).
Sir, In the long run, the value of an asset must be linked to the income that can be obtained from it — rent, in the case of property, and dividends in the case of shares.
Sir, The call from the Free Enterprise Group to scrap stamp duty on all homes worth less than £500,000 highlights the growing frustration with stamp duty land tax (SDLT).
It is clear councils are slowly waking up to the harsh reality that business rates retention, and the underlying review of how both business rates support and council tax reliefs are funded from central government, is having a very negative effect on income.
Sir, Alex Greaves of M&G Real Estate makes important points about futureproofing investments in the privaterented sector by focusing on design and sustainability, but I suspect what is more important is the tenant experience as delivered by technology (analysis, 20.09.13).
Sir, So Labour will freeze business rate increases for ratepayers that occupy property with a rateable value below £50,000 if they win the next general election.
Sir, The suggestion that the state should intervene in capping house prices while failing to drastically alter the structural issues holding back supply beggars belief (Bank of England “should cap house price inflation to prevent another bubble,” propertyweek.com, 13.09.13, right).
Should developers that hoard land be forced to ‘use it or lose it’?
Sir, There has been jubilation over the landmark empty rates case that gives greater certainty to owners on when a new development might be brought into the rating list (VOA ordered to pay up in empty rates case, 24.10.13, right).
Sir, the Government Property Unit’s Sherin Aminossehe is absolutely right to say that effective partnering between private and public sectors is the key to successfully rationalising and improving the public estate (professional opinion, 13.09.13).
Sir, Having attended the annual RICS Dilapidations Forum Conference last month, there is a great interest in the impact of the Dilapidations Protocol and whether the requirement to set out the landlord’s likely loss on the quantified demand has assisted the process in terms of producing claims that truly reflect this loss.
Sir, Bill Grimsey’s review makes many sensible recommendations to revive the high street (Grimsey’s high street remedy, 06.09.13, right).
Sir, In my 10 years of weekly reads of Property Week and other industry press, I have never felt so compelled to write in and comment on a story (analysis, 12.07.13).
Sir, Your recent articles detailed the discussions and agreements surrounding proposed changes to flood protection that will come into place on the 31 July (propertyweek.com, 27.06.13; professional, 28.06.13, right).