• Central London retail property market unaffected by Brexit vote
• LGA warns of drop in replacement council homes
• Analysis unveils infrastructure funding chasm between north and south
• Oil & Gas Authority to gain new powers
Property, Planning and Regeneration
Central London retail property market unaffected by Brexit vote
According to figures released by CBRE on 8 August, £1bn worth of Central London retail property was picked up by investors in the first 6 months of the year.
The real estate advisor found that acquisitions remained strong even after the vote to leave the EU, with overseas investors still leading the market.
Results from the latest Royal Institution of Chartered Surveyors’ (RICS) Residential Market Survey (released 11 August) have shown that growth has continued to slow for UK house prices in July.
The survey suggested that a lack of housing stock was partly responsible, with supply at a record low across the majority of the UK.
The Local Government Association has warned that councils are struggling to replace council homes sold under Right to Buy in England. The latest figures suggest that the number of homes being replaced dropped by more than
a quarter last year, with national rules and restrictions cited as the main obstacles by local authorities.
Research by Privilige Home Insurance found that the overwhelming majority of estate agents said that having a bad neighbour could have a serious impact on the value of property.
While a bad neighbour could devalue a house by over 8 per cent, a good neighbour could improve the value by nearly 10 per cent
Three quarters of car parks to have electric charging points by 2025
JLL’s “Alternatives team”, have predicted that 75 per cent of car parks in the UK will have electric vehicle charging facilities by 2025 – reflecting the changing
The Oil and Gas Authority will become an independent regulator as of 1 October, with new powers allowing it to act with more speed and flexibility to drive investment, support jobs and further the UK’s competitive edge in
the oil and gas industry, the Business and Energy Secretary, Greg Clark MP has announced.
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