Liquid error: wrong number of arguments (2 for 1) Live in a former German Hospital in London | Marsh & Parsons Sales and Lettings Estate Agents London

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Live in a former German Hospital in London

Thu 25 Apr 2013

The German Hospital, Ritson Road, Hackney, E8 (pictured) was set up in the mid-19th century offering free

treatment to German-speaking immigrants. During World War II the German staff were interned on the Isle of

Man and English staff took it over before it became a general NHS hospital in 1948. It closed in 1987. A two

double bedroom apartment in the property with open-plan kitchen and residents parking has just come on the

market with Stirling Ackroyd at 499,950.

Tough start to 2013 for residential market in Britain

Latest research from provider of market intelligence for the Built Environment sector Barbour ABI suggests the

value of contracts being awarded to build new homes and refurbish properties has plunged to its lowest level

since 2010. The total level of contracts awarded in the residential sector is down 26% on the previous three

months and 37% down on same period in 2012. Adam Valentine Group Content Director at Barbour ABI said:

"New Government measures havent had much time to trickle through to the private housing sector and as a

result the first quarter has failed to fulfil the promise that it would pull back the losses suffered in the public

housing sector."

Prime London growth

Property values in prime areas of London have increased by 2.8% in the past year, following a rise of 3.6%

during the first three months of 2013, according to estate agent Marsh & Parsons. Interestingly, it is the areas of

Non-Central Prime London such as Battersea - that have had the most dramatic growth. Peter Rollings, CEO

of Marsh & Parsons, said: "Homeowners have seen their equity soar as a result of significant price growth in the

past few years. We are now seeing many of those seizing the opportunity to sell at prices that have recovered

and in many cases exceeded the highs of 2007, and then re-invest in the same market, taking advantage of the

historically low mortgage rates available due to the funding for lending scheme."

Meanwhile, Cluttons have released figures suggesting homes in prime Central London are going up 383 per

day. The best performing London region was Central North West, including St Johns Wood, Hampstead, Maida

Vale, Regents Park and Highbury & Islington (4.5% growth). Sue Foxley, Head of Research at Cluttons, said:

"Buyers are looking to the edge of core locations with good transport links such as Clapham, Highbury and

Canary Wharf, which in turn are benefitting from upward pressure on prices."

Station house in Roman Bridge: update

The fine folk from Arriva Trains Wales which operates services on the line of the route mentioned on the blog

yesterday have been in touch to clarify that they operate 11 services a day through the station, all of which are

request stops. If you need any further information or would like to visit the station, you can get tickets at

Advance rent not a deposit

The Court of Appeal decided this week that rent paid in advance does not count as a deposit (in the case of

Johnson v Old), a decision that will bring relief to hundreds of landlords, according to Landlord Action. Paul

Shamplina, Founder of Landlord Action, said: "We have almost 200 landlords who have been nervous about

acting for possession. The outcome of this case is great news for landlords. They can now go ahead with

confidence, knowing where they stand with the taking of deposits and the classification of advanced rent. A

different outcome would have caused ambiguity, leaving a big question over the system."


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