The government is pressing ahead with the controversial plans for compulsory "seller's packs" which will include details about a house's structural condition, title deeds and how efficiently it uses energy. Trials will begin next year and they will become compulsory early 2007. >> Click here for further information. For years the UK property industry has been crying out for a tax efficient property holding vehicle, to allow collective property holding. One method to achieve this is by the addition of REITs. The best know model is the US REIT which has been established since the 1970's.   The REIT model is popular in Australia, France, Belgium, the Netherlands, Japan, and several other Asian markets. In terms of its offering, the REIT brings diversity, flexibility, and above all tax efficiency. What are the other benefits? Although tax features high on the list of reasons for taking action, other significant commercial benefits include: a more liquid property investment vehicle giving smaller investors greater access to commercial property investments; and allowing businesses to release property assets from their balance sheets. >> Click here for further information. The London Development Agency will carry out the largest compulsory procurement of land in UK history in order to get businesses and landlords off the site of the proposed 500 - acre Olympic village in the Lower Lea Valley within two years. The LDA has set itself a deadline of getting possession of the site my mid-July 2007 in order to start construction of the complexes by 2008. If it fails to settle with 308 local businesses by negotiation, it will issue hundreds of compulsory purchase orders and face the evicted businesses at a lands tribunal. >> Click here for further information. Visit www.findaproperty.com to view properties across London and the UK Nethouseprices is a free public service that provides access to UK house prices in England, Scotland and Wales, as recorded by the Land Registry (since April 2000) and the Registers of Scotland (since May 2000). >> Click here for further information.