RELO NEWS
Private Rental Prices Still Increasing in England, Scotland and Wales
Rental prices paid by tenants in Great Britain (England, Scotland and Wales) increased by 1.4% in the 12 months to November 2017.
Rental prices for Great Britain excluding London increased by 1.8% in the 12 months to November 2017.
Rental prices for London increased by 0.6% in the 12 months to November 2017. This is the lowest annual increase in London since October 2010.
One in three tech companies in London have seen talks with potential international hires fall through due to Britain’s decision to leave the European Union.
According to a survey from industry body Tech London Advocates, nearly two-thirds of London’s tech entrepreneurs believe Britain’s vote to leave the European Union has already damaged the international reputation of the city’s tech sector, although they still said it was the best place for start ups.
International firms are hunting for Western-educated Iranians to take on executive jobs in the Islamic Republic after the removal of most sanctions, but are finding it hard to win them over.
Interviews with Western companies and head-hunters as well as more than 20 Iranians living abroad showed that expatriates are waiting to see how promised reforms progress before deciding whether to go back, despite lucrative job offers.
Average rents in the UK rose 1.2% to £906 a month in January compared to the same month in 2015, the slowest increase in three years, the latest rental index shows.
But average rents are some 12% above their pre-recession peak, reaching the highest level on record, according to the data from the Countrywide monthly lettings index.
The data also shows that London has seen the largest growth in rents anywhere in the country since 2007, with rents 34% higher than their pre-recession record. Between 2007 and 2016 the average Londoner has seen their rent rise from £966 to £1,295 a month.
During this time there will be some changes to train times across the network. It’s best to plan ahead if you don’t want to risk being left behind this Christmas.
Below is a guide that shows how the train timetable is affected. You can also view the changes if you download the 'Changes to Train Times' map.
Please use London Midland's Journey planner, free App on Android and IOS or visit www.nationalrail.co.uk before you travel.
In addition to the guide below please be aware that improvement works are taking place in the Stafford area, and buses will replace trains throughout this period, with changes to London – Crewe and Birmingham – Liverpool train services. Please visit www.londonmidland.com/stafford for more information and details about this.
Bank Station is to undergo an overhaul that will see parts of the station close for up to 10 months beginning this weekend.
The Bank & Monument station complex is the Tube network’s fourth busiest interchange, dealing with 98 million passengers a year, so it’s going to be a jolly commute for workers in the City, who are already exasperated with ongoing mayhem at London Bridge.
Fortunately parts of the station will remain open, and in the long term, the £57m overhaul aims to reduce congestion.
Latest figures published by NLP Insights show by how much property values increase per hour in the UK (based on data from the last 12 months).
No surprises that London is at the top of the tree at £3.48 per hour.
The East Midlands region sits in the middle at £0.50 per hour.
The North West is bottom of the pile at just £0.03 per hour.
The arrival of London's Night Tube will bring with it a price premium of as much as 10 per cent for properties close to a handful of selected stations along the route.
Homes close to Stratford, Willesden Green, Mile End and Canada Water are set to rise more than at any other station served by the Night Tube, commanding a rise in value of between five and 10 per cent higher than-than the surrounding area.
Homeowners within a half mile radius of the stations stand to benefit from the upswing in prices, according to research from sellmyhome.co.uk and Dataloft.
