Property News

Failing council estates offer housing crisis solution

The “hulking, brutal tower blocks of the 1950s, 60s and 70s” that make up many of London’s council estates provide an answer to the capital’s housing crisis. Shadow infrastructure minister Lord Andrew Adonis is calling on local authorities to create hundreds of “city villages” on land that is currently occupied by council estates in desperate need of renewal. Lord Adonis, who is editor of Institute for Public Policy Research publication City Villages, says many of the “concrete wastelands” that make

Landlords

Value of buy-to-let investments to top £1 trillion

Figures released by the Office for National Statistics and the Land Registry show that landlords currently own £930bn of property in the UK, and that figure is likely to top £1 trillion by late spring. But why is the value of buy-to-let investments now three times larger than in 2001?

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