Skip navigation
1 2 3 Previous Next

UK Daily News Snapshot

40,795 posts

Lincoln-based Stirlin Developments and Castle Square Developments have revealed plans for  20-acre commercial site at Enterprise West Lindsey in Saxilby, Lincolnshire. The scheme will offer freehold design and build requirements from 3,000 - 30,000 sq ft and a range of freehold and leasehold buildings (Lincolnshire Echo/Insider Media)

New Stirlin Developments scheme to create hundreds of jobs - Lincolnshire Live  and Plans for major commercial development revealed | Insider Media Ltd

The Bell - a traditional country pub in the village of Boxford, just outside Newbury, which offers a 30-cover bar and 35-cover restaurant and is set in its own grounds of three quarters of an acre - is on the market with a freehold asking price in excess of £900,000 (Insider Media)

Berkshire village pub brought to market | Insider Media Ltd

The latest City Rate of Sale report from Post Office Money/the Centre for Economics and Business Research - which examined the average time a property takes to sell in more than 20 major cities across the UK - found that properties in Edinburgh and Glasgow sell fastest of all major cities in the UK.  House prices have risen in each of the cities analysed in the report over the last year, with the average price of a home in the UK rising by 5% in the year to August 2017.  However, overall both house price growth and sales volumes have decelerated - suggesting the market has reached a “tipping point” where growth has left many areas unaffordable for the average buyer (Scotsman/Mail Online)

Properties in Scottish cities sell faster than elsewhere in UK - The Scotsman and Where is the quickest place to sell a home in the UK? | Daily Mail Online

According to property market data from Savills, councils are on course to spend more than £1bn on commercial property this year - investing more in shopping centres, country clubs, hotels, offices and other assets than in building council houses (Guardian)

Councils to spend £1bn on commercial property amid housing shortage | Society | The Guardian

Following a successful trial with 20 pubs this year, delivery company Deliveroo has started working with pubs and bars which don’t have kitchens - allowing customers to order food to the pub they are in (Telegraph)

Deliveroo begins targeting pubs without grub in bid to benefit from drink-led venues

City council bosses have drawn up a Site Allocations Plan setting out space for the building of 66,000 homes across Leeds by 2028, but this number could be reduced.  Following a review, Leeds City Council has released a list of 33 green belt sites that could be wholly/partly removed from the SAP and protected from future development - and members of the council’s development plan panel will be asked to approve a public consultation on the new proposals (Yorkshire Evening Post)

Controversial plans for new homes on green belt land in Leeds could be ripped up - Yorkshire Evening Post

15 councils in England - Basildon, Brentwood, Bolsover, Calderdale, Castle Point, Eastleigh, Liverpool, Mansfield, North East Derbyshire, Northumberland, Runnymede, St Albans, Thanet, Wirral, and York - have “failed to make progress” on their Local Plans and Communities secretary Savid Javid has threatened Government intervention to force plans forward (Place North West)

Place North West | Javid threatens Government action on Liverpool and Wirral Local Plans

In the six months ending September, the number of mortgages Nationwide approved to first-time buyers hit an all-time high of 39,000 - up from 38,600 for the same period last year.  Prime mortgage gross lending picked up 2% to £15 billion despite a continued slowdown in buy-to-let lending and half-year pre-tax profit reached £628million (Belfast Telegraph/Telegraph)

Nationwide sees first-time buyer mortgages hit record high - BelfastTelegraph.co.uk and Nationwide warns of tough competition as profits slip

Construction group Carillion - which holds contracts to build sections of the £56 billion HS2 rail line - expects to breach its financial covenants by the end of December this year (Belfast Telegraph/Guardian)

HS2 contractor Carillion sees shares hit historic lows on profits warning - BelfastTelegraph.co.uk and HS2 contractor Carillion races to raise funds after fresh profit warning | Business | The Guardian

Urban Splash has agreed 11,750 sq ft of lettings at its Boat Shed office redevelopment in Salford Quays (Property Week)

http://www.propertyweek.com/news/boat-shed-office-conversion-makes-waves-for-urban-splash/5093601.article

Urban Pulse has been given the go ahead by Coventry City Council  to build a 452-bed student village in Canley, Warwickshire - on a site formerly occupied by Canley Sports Club.  It will be the first substantial privately developed student accommodation that specifically serves the University of Warwick (Property Week)

http://www.propertyweek.com/urban-pulse-gets-green-light-for-warwick-student-village/5093594.article

SevenCapital is planning a £270m leisure scheme in Swindon and outline planning for the first phase of the 500,000 sq ft scheme has been approved by Swindon Council.  The proposals include a 21,500 sq ft snow and ski centre, a 130-bed hotel, a 14-screen IMAX cinema with the largest IMAX screen in the UK, a new Hollywood Bowl, trampolining and climbing and restaurant and retail units (Property Week)

http://www.propertyweek.com/news/sevencapital-gets-go-ahead-for-£270m-swindon-leisure-scheme/5093597.article

Law firm Clarkslegal has taken 8,550 sq ft at Thames Tower in Reading, paying a rent believed to be around £35/sq ft (Property Week)

http://www.propertyweek.com/news/clarkslegal-takes-space-at-thames-tower/5093606.article

In a sale and leaseback agreement Tristan Capital Partner’s has acquired Imagination Technologies’ headquarters, adjacent to Kings Langley railway station in Hertfordshire, for around £30m (Property Week)

http://www.propertyweek.com/news/tristan-fund-buys-tech-firm’s-herts-hq/5093598.article

London's great private estates include the Grosvenor Estate, the Cadogan Estate, the Portman Estate, the Howard de Walden Estate and The Crown Estate - and agents agree that a London made up of village-like estates is the preferred option over developer city.  Article includes comment from Savills (City AM)

Large chunks of London are owned by its oldest families and they've got big plans for the future of their estates | City…