Bovis warns over weak mortgage volumes January 14, 2011 Bovis Homes expects full-year profit to come ahead of estimates on higher selling prices and plans to restart dividends, but the housebuilder warned of a subdued year ahead. “Mortgage approval volumes remain weak, with mortgage providers requiring high levels of deposit, particularly from first time buyers,” the company said in a statement. British homebuilders are [...]
Bovis warns over weak mortgage volumes January 14, 2011 Bovis Homes expects full-year profit to come ahead of estimates on higher selling prices and plans to restart dividends, but the housebuilder warned of a subdued year ahead. “Mortgage approval volumes remain weak, with mortgage providers requiring high levels of deposit, particularly from first time buyers,” the company said in a statement. British homebuilders are [...]
ROCHESTER February 10, 2011 WHORNES PLACE, CUXTON Price: £850,000 A magical home with a unique blend of old and new qualities. This property is grade II listed and steeped in history. It even has a coat of arms inscribed above the front door. However, it has been renvovated to the highest standards of modern luxury. The walled garden is more [...]
500,000 households in negative equity December 12, 2010 CLOSE to half a million British households could be facing negative equity, according to survey released today by the Bank of England. Between four and five per cent of mortgage holders owe more than the value of their properties, it was revealed in the Bank’s final quarterly bulletin of this year. There are 11.4m mortgages in [...]
500,000 households in negative equity December 12, 2010 CLOSE to half a million British households could be facing negative equity, according to survey released today by the Bank of England. Between four and five per cent of mortgage holders owe more than the value of their properties, it was revealed in the Bank’s final quarterly bulletin of this year. There are 11.4m mortgages in [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 2, 2011 FINANCIAL TIMES LIVING SOCIAL SET TO BUY TICKET MONSTER LivingSocial, the world’s second biggest group discount website by customers after Groupon, has agreed to buy Ticket Monster, a South Korean equivalent site, to strengthen its presence in Asia. It is the latest acquisition by the US company, which has this year announced three deals to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 2, 2011 FINANCIAL TIMES LIVING SOCIAL SET TO BUY TICKET MONSTER LivingSocial, the world’s second biggest group discount website by customers after Groupon, has agreed to buy Ticket Monster, a South Korean equivalent site, to strengthen its presence in Asia. It is the latest acquisition by the US company, which has this year announced three deals to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 1, 2011 FINANCIAL TIMES FOXCONN LOOKS TO AN AUTOMATED FUTURE WITH 1M ROBOTS BY 2013 Foxconn, the world’s largest contract electronics manufacturer by revenue, plans to have as many robots as workers in its China factories within three years, according to Terry Gou, chairman and chief executive. Foxconn, China’s biggest employer, produced Apple’s iPad and other electronic [...]
The new front in the mobile phone wars August 15, 2011 THE future for companies like Nokia and Motorola, once the great pioneers of the mobile phone industry, has been bleak for some time. The likes of Apple and RIM have eaten away at their share of the high-end smartphone market for several years now, while cheaper Asian manufacturers will soon do the same in the [...]
Confidence returns as Taylor Wimpey sees demand pushing up its forecasts June 30, 2011 PENT-UP demand and tight supply will prop up the UK housing market well into 2012, British housebuilder Taylor Wimpey predicted after it reported stronger margins and said it sees full-year profit forecasts being nudged higher. “Overall, we expect it [full-year pretax profit] to be slightly better than the market is currently expecting,” chief executive Pete [...]