It appears that there is a bewildering gap between the supply and demand of retirement housing. In Bidwells' latest blog, Mike Derbyshire, Head of Planning, explains why it is time to bring policy agenda for senior living housing, out of retirement.
Oxford and Cambridge’s knowledge economies are both global successes, but their economic growth stories are now at critical junctures. The city’s constrained centres are pushing prime rents up to new highs at a time when their world-leading science and tech occupiers are demanding urban environments and easy access to London.
At the end of 2018, Bidwells, together with Estates Gazette (EG), hosted the inaugural Oxford-Cambridge Arc conference, just two years after the initiative was first formally supported by government in the Budget.
The latest offices and labs research conducted by Bidwells found rent levels hitting another new high for the city. Prime office rents rose £3.50 psf in the first half of 2019 to a new peak of £45 psf after the city experienced the busiest six months of letting activity since 2016.
Around a third of agricultural land in England is let under various agreements; changes to tenancy legislation will impact many businesses within the rural sector. With the deadline for responses to DEFRA’s consultation fast approaching on 2 July 2019, below is an overview of the consultation document, highlighting proposals identified by the Department for Environment Food and Rural Affairs (DEFRA).