Sunday, January 20, 2019
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Over 23,000 shops and 175,000 high street jobs predicted to go in 2019 https://t.co/BH23sUFrR3 Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/eLmKfiYyW9
Up to 25% wiped off house prices in some of UK's wealthiest areas https://t.co/E6dJQMLm3i Solicitors & Estate Agents In One Just £899 + vat .. https://t.co/eLmKfiYyW9
Over 23,000 shops and 175,000 high street jobs predicted to go in 2019
Value of retail property will slump as shift to online giants continues, says report
A further 175,000 jobs will be shed from struggling UK high streets this year and the value of retail property will slump as the boom in online shopping and rise of giants such as Amazon continue to take their toll, research warns.
More than 23,000 shops are forecast to close in 2019, according to the findings published on Monday in an annual report from the real estate adviser Altus Group.
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Up to 25% wiped off house prices in some of UK's wealthiest areas
Your Move says Brexit impact has led to falls in some cases of almost £500,000 in 12 months
House prices in some of Britain’s wealthiest areas have had up to 25% wiped off their value in 12 months as Brexit turmoil continues, according to the estate agent Your Move. That has meant typical price falls in some cases of almost £500,000.
Meanwhile, data from the property website Rightmove revealed the average asking price of a London home had fallen below £600,000 for the first time since August 2015, and was well below its peak of almost £650,000 reached a few weeks before the Brexit vote in 2016.
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Brent council has paid 'rogue' landlord more than £500,000
Bernard McGowan, who has £30m in property, receives money despite being banned
A repeatedly convicted landlord, ruled unfit to rent out property in a north London borough in 2015, has since received more than £500,000 in housing benefit payments from the same council that banned him.
The discovery that a local authority is directly paying public money to a landlord its own officers describe as “rogue” is the latest example of the ineffective regulations designed to police the private rented sector’s worst offenders.
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