UK house prices grow at fastest rate for two years despite uncertainty June 7, 2019 UK house prices grew at their fastest rate for two years in May with an increase of 5.2 per cent year on year, according to new data released today. The value of the average UK home rose by 0.5 per cent from April to £237,837 last month, the Halifax House Price Index revealed, increasing by [...]
Eurozone construction growth slows to lowest level in four months June 6, 2019 Growth in the Eurozone construction industry slowed to a four month low in May as new orders declined for the first time since August last year. The IHS Markit Eurozone Construction PMI fell from 52.1 in April to 50.6 last month, however firms remained optimistic towards the business outlook. Read more: Eurozone’s modest growth relient [...]
Our pick of the new homes going on sale in London this weekend June 5, 2019 1 Green Street, Mayfair From £2.25mTwo show flats by London design studio TH2 are available to view in this period corner building development of four newly refurbished homes. Each flat has two bedrooms and is dual aspect, with corner bay windows offering views of St Marks Church. Contemporary kitchens and bathrooms include parquet flooring and [...]
Should people be allowed to dip into their pensions savings to get onto the housing ladder? June 5, 2019 James Brokenshire’s proposals risk undermining the progress that has been made through auto-enrolment
Axel Springer doubles stake in FTSE struggler Purplebricks June 3, 2019 A major backer of Purplebricks has doubled its stake in the online estate agency, as the group battles to shore up investor confidence following the departure of its chief executive last month. Read more: Purplebricks beaten black and blue as shares enter freefall Global media group Axel Springer upped its stake in the group from [...]
Private renters to save hundreds of pounds as letting fees ban comes into action June 1, 2019 The ban on letting fees has come into force throughout England, two-and-a-half years after the plan was initially unveiled. It is set to save private renters hundreds of pounds, with Citizens Advice claiming that around £234m has been paid out since November 2016, when the government committed to crack down on the fees. Read more: Mortgage [...]
Mortgage approvals rebound after delay on Brexit deadline May 31, 2019 Mortgage approvals for house purchases hit a three-month high in April, rebounding after Britain's March deadline for Brexit was postponed. The number of residential mortgages approved in April ticked up to roughly 66,300, nearing a two-year average and bouncing back from a fall in March, according to new data released this morning by the Bank [...]
UK house price growth slows in May amid Brexit uncertainty May 31, 2019 Annual growth of UK house prices remained below one per cent for the sixth consecutive month in May, as political uncertainty continued to weigh on the property market. Prices fell 0.2 per cent month-on month, while annual house price growth slowed to 0.6 per cent, falling from 0.9 per cent in April and below the [...]
Mapped: Where to save money on London house prices along the River Thames May 30, 2019 Whether it’s football clubs, tube lines or tall buildings, London is in no short supply when it comes to divisions between north and south. But the divide across the Thames even stretches as far as house prices, with new research showing a stark difference in some property values between one side of the river bank [...]
Profits slide at Telford amid housing uncertainty and move into rental market May 29, 2019 Telford Homes has posted a double-digit drop in full-year profits before tax, as a move into less lucrative rental projects and a slowdown in the capital’s property market hit the London-based housebuilder. The developer said margins had been hit by its direction away from traditional private house sales and into the build-to-rent market, as it [...]
