PROPERTY NEWS
LUXURY DEVELOPMENT ON FINCHLEY ROAD
A slice of leafy North-West London has just become more accessible with the unveiling of West Heath Place, a collection of 48 apartments, including penthouses and a cottage on the Golders Green end of the Finchley Road. Flats from £795,000. For more info call Glentree Estates on 0208 201 8780 or visit ww.westheathplace.com.
CANARY WHARF RENTALS SOAR
The lettings market in Canary Wharf is booming, according to Benham and Reeves Residential Lettings. New figures show a sharp rise in enquiries, with the number of new tenants registering up by 34.7 per cent in the second quarter of 2010 on the same period in 2009. Rents are rising across the board as demand increases.
HOUSE BUILDING IN ENGLAND JUMPS
The number of houses being built in England jumped to 28,590 in the second quarter, a 13 per cent rise on the previous quarter and 84 per cent above the 2009 trough, the Department for Communities and Local Government said. But the RICS said: “The prospect of a medium-term shortfall of good quality homes is a very real concern.”