A council has admitted it is unable to stop the
demolition of two council estates, set to be knocked down to make way for a
divisive £12bn regeneration scheme. Hammersmith and Fulham Council wrote to residents
earlier this month explaining it believes the demolition of West Kensington and
Gibbs Green estates cannot be stopped. The redevelopment was agreed by the
previous Conservative administration, and the local Labour party promised to
re-negotiate the deal in its manifesto for local elections last May. But it has
now concluded a legal sale of the land was completed in November 2013, leaving
it powerless to stop the demolition. Read more on Inside Housing.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
12 hours ago
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