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Property

  • Fora chief: Wework trouble ‘doesn’t reflect the strength’ of London’s flexible market

    February 5, 2024

    Enrico Sanna, the chief executive of Fora, said the troubled situation Wework is facing “doesn't reflect the strength of the market”.

  • Barratt: FTSE 100 developer will bank on mortgage cuts for sales lift

    February 3, 2024

    Barratt Developments will update investors on its half year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet.

  • Property giant Bruntwood makes worst loss in its near 50-year history

    February 2, 2024

    Property giant Bruntwood has slumped to its worst losses in its near 50-year history, it has been revealed.

  • Rightmove swoops for reviews platform HomeViews in £8m deal

    February 1, 2024

    Rightmove has acquired a platform that displays reviews of property developments by residents for £8m.

  • House prices: Recovery speeds up as more than half of Brits now tap up parents to get on the ladder

    January 31, 2024

    House prices rose 0.7 per cent in January as cooling mortgage rates are continuing to help repair the market, a new report from Nationwide said. 

  • Housing: 60 per cent of first time buyers couple up to buy a home

    January 31, 2024

    Nearly two-third of first time buyers are entering the property market with someone else, a new report by Halifax has found.  Over 60 per cent of mortgages taken out by first time buyers between January and December last year were taken out in joint names.  House prices for first-time buyers remain over £132k more expensive [...]

  • Bevis Marks: Historic synagogue braces for battle as skyscraper plans re-emerge

    January 31, 2024

    Ahead of a meeting of the Corporation's planning committee on Wednesday, campaigners say the plans would "allow tall buildings in the conservation areas, which will overshadow the grade 1 listed synagogue" once again.

  • Landmark Hilton hotel creates almost 140 jobs but losses widen

    January 30, 2024

    Almost 140 jobs were created by the company behind the Hilton hotel in Manchester's iconic Beetham Tower as it continued to recover from the Covid-19 pandemic, newly-filed documents have revealed.

  • Evergrande: Hong Kong court orders China property developer to liquidate

    January 29, 2024

    A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of the company putting [...]

  • Staggering 90 per cent of £500k-a-year professionals denied a mortgage

    January 29, 2024

    UK corporate high-flyers making more than half a million pounds per year are being rejected for mortgages, a new report has found. 

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