CITY VIEWS: SHOULD THE STATE BE SUPPORTING HOUSE-BUYERS? November 21, 2011 DAVID CALVERT | MIZUHO “I think that the government should be more involved with planning and making land available, so that these people can build their own homes rather than going back to sub-prime loans.” LIAM DUNFORD | SAVILLS “There are too many international problems relating to bank lending. I think that the UK economy [...]
Homes more affordable as supply slumps January 15, 2012 HOMES are at their most affordable level for 14 years, according to data released today by Halifax, while figures from Rightmove suggest very low housing supply will prevent the market falling further. First-time buyers spent 27 per cent of their disposable income on their mortgage, down from the 37 per cent average seen over the [...]
RENT December 15, 2011 HEAD OF RENTALS AYLESFORD INTERNATIONAL Q. I’m a homeowner with a property in central London – despite the fact that this area isn’t directly affected by the Olympics, I am keen to capitalise from the influx of tourists coming to London in the summer, but where do I start? A. Many homeowners across London are [...]
RENT December 15, 2011 HEAD OF RENTALS AYLESFORD INTERNATIONAL Q. I’m a homeowner with a property in central London – despite the fact that this area isn’t directly affected by the Olympics, I am keen to capitalise from the influx of tourists coming to London in the summer, but where do I start? A. Many homeowners across London are [...]
Bovis forecasts growth in 2012 January 16, 2012 British housebuilder Bovis Homes said it expected to achieve a significant increase in profit in 2012, benefiting from forward bookings rising by more than a third, following strong earnings growth in 2011. The company said it expects to report overall completions up 8 percent to 2,045 homes in 2011, with private legal completions up 18 [...]
Bovis forecasts growth in 2012 January 16, 2012 British housebuilder Bovis Homes said it expected to achieve a significant increase in profit in 2012, benefiting from forward bookings rising by more than a third, following strong earnings growth in 2011. The company said it expects to report overall completions up 8 percent to 2,045 homes in 2011, with private legal completions up 18 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 17, 2012 FINANCIAL TIMES M&S to charge for current accounts Marks and Spencer is set to become the first UK bank to shun free current accounts as it plans to charge all customers a monthly fee for banking services when it launches later this year. The retailer said it would offer two accounts, priced at £15 and [...]
Taylor Wimpey predicts stable outlook for UK house market July 4, 2012 TAYLOR WIMPEY said yesterday the UK housing market remained “stable” despite wider uncertainty in the Eurozone and the global economy, as it continued to grow sales. In a first-half trading update, Britain’s second largest housebuilder said it sold 5,083 homes in the six months to 1 July, up from 4,707 the same time last year, [...]
Persimmon and Bovis see demand rise November 8, 2011 TWO of the UK’s biggest housebuilders yesterday reported a boost in demand as the sector picked-up with first time buyers helping to lift the gloom. Persimmon said the number of first-time buyers has risen by over 35 per cent since the same period last year, a welcome boost to the industry that has seen first-time [...]
What is in store for 2012? January 5, 2012 From initial reservations about the strength of the property market at the start of the year to the unexpected uplift in house prices as the year progressed, 2011 was not an easy year to predict. Against a continuing environment of uncertainty, we ask the experts what they think we have in store this year and [...]