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19th September 2014
Boris Johnson has stated he will oppose planning reforms which would enable the conversion of offices into homes without planning permission, after concerns were raised over how many jobs could be lost as a result of the changes. "I support a number of changes the Government is making to the wider planning system but I'm likely to object to this proposal. We need to protect London's industrial space,” he explained.
Evening Standard (18/09/14)
19th September 2014
New figures have revealed that 20% of London properties in Kensington and Chelsea, 21% in Westminster, 9% in Camden, 7% in Islington, 12% in Tower Hamlets and 5% in Lambeth are being sold to foreign buyers. The revelations have prompted Labour MP Sadiq Khan, who obtained the data from the BIS, to call for homes to be marketed in the UK before they are opened up to foreign buyers.
The Times (18/09/14)
19th September 2014
In a letter to the Evening Standard, Dr David Lutton, the director of policy at London First argues that the property tax system needs reforming.
19th September 2014
Deborah Mattinson of research group Britain Thinks claims that older people are flocking to London rather than moving to quiet seaside towns, traditionally associated with being havens for retirees. She commented “Older people can afford London. Often they’ve got property, which means that they don’t have to worry about where they live. They like the atmosphere, they like its diversity, they like what it has to offer culturally. They like everything about it”.
Evening Standard (15/09/14)
19th September 2014
An Asian property developer is preparing to submit a planning application for a three-tower residential project on the Isle of Dogs, at Manilla Street and Marsh Wall.
12th September 2014
A new report from Savillshas forecast that the number of homes sold in London for £1m or more will increase by almost half by 2018 amid rising house prices and prosperity in the capital.