All Property Week articles in 7 November 2008 – Page 10
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Professional
Case news: IN HFHA Group v ASRA Greater London (17.10.08) and Horsham Properties Group v P Clark and C Beech (08.10.08)
Jonathan Ross reports on a row about a share in a housing scheme, while Warren Gordon examines a repossession that was disputed on human rights grounds
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Insight
SIPPs can provide solution to residential malaise, 31.10.08
Sir, Steven Norris is a ‘bubble addict’. This insane addiction in property speculation has brought our country to its knees. So let’s get some more folks loaded up with debt? Insane!
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Online
LaSalle to raise £400m UK opportunity fund
LaSalle Investment Management is planning to snap up bargains with the launch of a £400m opportunity fund.
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Online
Kurt Geiger and Hugo Boss make Welsh debut at St David’s 2
Upmarket retailers, Kurt Geiger and Hugo Boss will make their Welsh debut in 2009 thanks to their signing at St David’s 2 in Cardiff city.
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Online
Hazel Blears gives indoor ski centre, SnOasis the go-ahead
The Secretary of State for Communities and Local Government, Hazel Blears has approved the winter sports development.
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Online
London Mayor cancels seven major transport plans
Boris Johnson is accused of ‘stabbing east London residents in the back’, by Labour's London Assembly, as he pulls the plug on major regeneration plans
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Online
Interest rate shock
The Bank of England has slashed interest rates in the UK by one-and-a-half percentage points to 3%.
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Online
Property lobby groups welcome Planning Bill rethink
Lobby groups have today welcomed a change to the Planning Bill that removes a link between the level of the new community infrastructure levy (CIL) and the increase in land value once planning permission has been granted.
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News
LaSalle plans £400m British property fund
LaSalle Investment Management is raising a £400m fund to pick up bargain property in a British market where some assets are being sold at 20-30% discounts to their value, a company executive has said.
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Online
€50m John Lewis store to debut in Dublin
John Lewis has confirmed it is to debut in Ireland and open its first non-UK store in the capital city at Chartered Land's O'Connell Street scheme.
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Online
Segro cautious about year ahead
Segro has posted a ‘cautious’ interim management statement for the three months ending on 30 September.
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Online
House prices fell by 2.2% in October bringing the annual decline to a record 15%
House prices in the UK have now dropped to 2005 levels, making the average cost of a house £168, 176.
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Online
Edinburgh Woollen Mill buys Rosebys stores
Curtain retailer Rosebys has been rescued by retailer Edinburgh Woollen Mill.
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News
London new office demand slumps
The number of cranes adorning the London skyline has fallen by a fifth in just six months as the financial downturn chokes off corporate demand for new office space.
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News
Shopping centre rents hit Liberty
Liberty International, the shopping centre owner, said retailer failures were starting to have an impact on its business as it wrote down the value of its property by a further £344m in the third quarter.
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News
Redrow sells just 38 homes a week
Redrow, one of the UK’s largest house builders, has warned that the property market is 'extremely fragile' as it admitted it had sold just 38 homes a week over the last eight weeks.
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News
Mortgage arrears prompt B&B concern
Bradford & Bingley has seen a rise in arrears in its mortgage book triggering fears the taxpayer could be exposed to potential losses.
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News
Falling prices draw in first-time buyers
First-time buyers are edging back into the housing market, motivated by falling prices.
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News
Tracker mortgages axed to choke off demand
Mortgage providers have pulled more competitive deals from the market, despite appeals from the prime minister for lenders to pass on cuts in interest rates.
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News
Banks insist they still lend to builders
Banks insist they are still lending to companies in riskier areas such as construction, though there are signs of far greater caution.