Interest rates impact city hall’s $30 million debt issuance

Interest rates impact city hall’s $30 million debt issuance

Everyone is feeling the pain of higher interest rates—even city hall. On Monday, the Corporate Service Committee (CSC) held a brief meeting to consider the results of a serial debenture issuance for... Read more »
Met launches dedicated teams to tackle shoplifting as rates spike – South London News

Met launches dedicated teams to tackle shoplifting as rates spike – South London News

The Metropolitan Police has have joined up with food banks and community groups across South London to speak to residents about a new scheme to tackle shoplifting. Officers and volunteers from Brixton... Read more »
Simpler Recycling won’t boost recycling rates says North London waste authority

Simpler Recycling won’t boost recycling rates says North London waste authority

Recycling efforts by north London’s two million residents will not be significantly boosted by the new Simpler Recycling proposals, the North London Waste Authority (NLWA) has warned. While the waste disposal authority... Read more »
Bank of England to cut interest rates as soon as May, economists predict

Bank of England to cut interest rates as soon as May, economists predict

Thanks for joining us. The average price of a home coming on the market fell by more than £6,000 in November, according to a property website. Across Britain, average asking prices by... Read more »
CQC rates two north London mental health services inadequate

CQC rates two north London mental health services inadequate

The Care Quality Commission (CQC) raised concerns about two services provided by Barnet, Enfield and Haringey Mental Health NHS Trust after inspections in May. Rating its wards for older people with mental... Read more »
Extreme renting: London’s bidding war escalates as rising rates hit buy-to-let

Extreme renting: London’s bidding war escalates as rising rates hit buy-to-let

When Alexandra Rodriguez asked her landlord to repair the fire alarm in her rented flat in south London, she did not expect his response to be an eviction notice. Yet he sent... Read more »
Mortgage rates drive buyers away from London property…

Mortgage rates drive buyers away from London property…

Higher mortgage rates have replaced the ‘race for space’ as the primary reason for buying outside of London this year, research suggests. Analysis by Hamptons found first-time buyers made up a record... Read more »
Buyers and sellers must accept ‘era of historically low interest rates is over’

Buyers and sellers must accept ‘era of historically low interest rates is over’

Simon Gerrard The era of low mortgage rates looks to be over, borrowers have been warned, with more market ‘turbulence’ likely in the coming months. Mortgage costs last week hit the highest... Read more »
Higher interest rates are already hitting prime regio…

Higher interest rates are already hitting prime regio…

Higher interest rates have already softened UK prime regional markets but cities are proving resilient, Savills claims. Research by the agent shows average prime values across UK markets outside of London –... Read more »
Lewisham has highest homelessness rates in south east London

Lewisham has highest homelessness rates in south east London

The number of people homeless has risen in the past year in what has been branded a “tragic reflection” of both the cost-of-living crisis and a lack of affordable housing. New research... Read more »