House price recovery continues but will soon begin to slow, says Halifax November 3, 2009 BRITISH house prices rose 1.2 per cent in October, leaving the annual decline at its smallest in one-and-a-half years as a lack of supply and higher demand buoyed prices, mortgage lender Halifax said yesterday. House prices were 1.5 per cent down in October compared with a year ago, the smallest annual fall since March 2008. [...]
Wimpey set to hike house prices in 2010 November 4, 2009 HOUSEBUILDER Taylor Wimpey is set to hike its house prices next year after yesterday reporting it had sold all the homes it targeted for 2009. The group said the average selling price for private homes has already jumped nine per cent higher in the 12 weeks to 4 November than the £177,670 it reported in [...]
Wimpey set to hike house prices in 2010 November 4, 2009 HOUSEBUILDER Taylor Wimpey is set to hike its house prices next year after yesterday reporting it had sold all the homes it targeted for 2009. The group said the average selling price for private homes has already jumped nine per cent higher in the 12 weeks to 4 November than the £177,670 it reported in [...]
Brits are hungry again for a place in the sun December 3, 2009 MEET an overseas property agent these days and they’ll be chirpy, well slept and optimistic about the future – the exact opposite of how they would have been at the beginning of the year. The reason? After 18 months of its having no appeal whatsoever, the British love affair with buying a place in the [...]
Persimmon builds sales November 16, 2009 Persimmon yesterday joined the chorus of property firms reporting trading conditions have improved in the third quarter and said home buyers were back in the market. The UK’s largest housebuilder by market value said it met its sales targets for the year and booked a further £500m of sales for 2010. Chief executive Mike Farley [...]
15m placing as Topps Tiles profits crack November 24, 2009 TILE and wood flooring retailer Topps Tiles yesterday reported a sharp 45 per cent dive in full-year profits and said it is set to raise £15.4m from a share placing to bolster its balance sheet against a possible double-dip recession. The company, which trades from 321 stores, reported that its annual pre-tax profit to 26 [...]
Why the devil is always in the detail March 24, 2010 YOU must hand it to Alistair Darling: to have to unveil a budget deficit of 11.8 per cent of GDP, roughly the same as Greece’s, would have destroyed a lesser politician. The fact that he was able to portray such an abysmal outcome as a triumph is the final proof that contemporary Britain is now [...]
Car Giant drives into the red but sees more models leave the showrooms November 16, 2009 CAR GIANT, the west London-based vehicle warehouse, plunged into loss-making territory last year, it emerged yesterday. The company was down £57,000 compared to profit in 2007 of £2.4m, despite increasing the number of used cars it sold by three per cent. It shifted nearly 50,000 hatchbacks and saloons over 12 months against a backdrop of [...]
The sun is shining on property in the Med March 11, 2010 THIS year’s freezing winter may well have proved a tipping point in your decision to invest in a sunny property abroad – and it couldn’t have arrived at a better time. Possibly by the time the time London’s largest overseas property fair, A Place in the Sun (held at Earl’s Court) rolls around 26-28 Mar, [...]
House prices still rising but sellers return November 9, 2009 SELLERS are slowly returning to the property market but confidence is underpinning further house price rises, according to a survey of estate agents published today. The latest monthly survey from the Royal Institution of Chartered Surveyors (RICS) showed that the net balance of surveyors reporting rising prices over the past three months surged to 34 [...]