Month: February 2014

£1.3 billion Southampton redevelopment due for completion in 2015

With 70 new homes, three new shops and a library approved, the £1.3 billion regeneration of Weston Lane shopping parade in Southampton will “breathe new life into the area”. A £1.3 billion redevelopment of an “eyesore” estate in Southampton will provide 70 brand new homes, a new library and three new shops. The regeneration of… Read more »

Average advertised rent in UK on track to surpass £1,000 this year

Average advertised rent in UK on track to surpass £1,000 this year

The average advertised rent in Great Britain currently stands at £987 a month and is expected to surpass £1,000 in 2014. Summary The average advertised rent in the UK has steadily increased and is expected to pass the £1,000 mark this year Considerable increases in London rents helped to drive up the national average Experts… Read more »

One of Bristol’s “planning disasters” set for radical overhaul

An area of Bristol described as a “disaster” could be redeveloped into a large student development should councillors agree with plans submitted. The redevelopment of a run-down street in Bristol could see brand new student accommodation, shops, bars and restaurants in its place. Nelson Street, home to New Bridewell Police Station, will undergo a major… Read more »

Campaign against “unnecessary” Selective Licensing in parts of England

The National Landlords Association (NLA) is campaigning against the introduction of Selective Licensing in parts of England. A campaign against the introduction of Selective Licensing in parts of England where the scheme is not deemed to be necessary has gone live on social media. The National Landlords Association (NLA) believes it is being implemented by… Read more »

Vita Student Construction Update – February 2014

Vita Student is pleased to provide you with a further update on progress of the Vita Student developments across the UK. The report includes information on the progress of building work at the following sites: First Street, Manchester Portland House, Exeter Colston Avenue, Bristol Tinlings, Liverpool Richmond House, Southampton The update also contain information on… Read more »

First ever Dubai Food Festival to enhance Emirate’s Tourism Vision

First ever Dubai Food Festival to enhance emirate’s Tourism Vision for 2020

Dubai’s first ever food festival, which kicks off on Friday (February 21st 2014) and runs for 23 days, is designed to put the Emirate at the forefront of international food destinations. Summary  Dubai Food Festival makes its debut on Friday 21st February  The 23-day-long event is a key part of the Emirate’s bid to attract 20 million… Read more »

Lenders not following in Nationwide’s buy-to-let footsteps

After Nationwide stopped accepting buy-to-let remortgage applications, other lenders have insisted they will not be following in their footsteps. Nationwide recently announced that it would no longer accept remortgage applications in order to fund buy-to-let, but other lenders have decided not to follow suit. The Mortgage Works, Nationwide’s buy-to-let arm, will continue to accept remortgage… Read more »

High demand for buy-to-let properties prompts lenders to offer better rates

Specialist buy-to-let lenders are offering landlords better rates on smaller deposits as rising rents, good profits and falling arrears drive up demand for property in the market. In response to soaring demand for buy-to-let mortgages, lenders are increasingly offering better rates on smaller deposits – a move which is likely to be fuelling further demand…. Read more »