Redrow reports 47 per cent jump in home reservations as stability returns November 4, 2009 HOUSEBUILDER Redrow yesterday reported a 47 per cent surge in home reservations on the year before and said home sales have been “remarkably stable”. The group yesterday said that for the first 18 weeks of the financial year, net private reservations have averaged 45 per week – a return to “historic norms” after the devastating [...]
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. [...]
UK house price fall slowing November 1, 2009 UK house prices fell at their slowest annual rate since June 2008 in October, dropping 4.2 per cent, due to an ongoing lack of housing for sale after the credit crunch, property data company Hometrack will say today. Hometrack’s survey of estate agents and surveyors showed that house prices rose 0.2 per cent in England [...]
UK house price fall slowing November 1, 2009 UK house prices fell at their slowest annual rate since June 2008 in October, dropping 4.2 per cent, due to an ongoing lack of housing for sale after the credit crunch, property data company Hometrack will say today. Hometrack’s survey of estate agents and surveyors showed that house prices rose 0.2 per cent in England [...]
Bag yourself an apartment in the iconic Barbican October 29, 2009 WHEN it comes to residential property in the City, there is nowhere quite like the Barbican. Ever since it was built in the sixties, the brutalist masterpiece has been one of the most iconic buildings in the Square Mile. For those who work in the City there could hardly be a more convenient location – [...]
Bag yourself an apartment in the iconic Barbican October 29, 2009 WHEN it comes to residential property in the City, there is nowhere quite like the Barbican. Ever since it was built in the sixties, the brutalist masterpiece has been one of the most iconic buildings in the Square Mile. For those who work in the City there could hardly be a more convenient location – [...]
BARGAIN BANKER October 28, 2009 THE government confirmed that it had hired one of the City’s top deal-makers yesterday – on an income believed to be no more than a tenth of what he earned at UBS. Robin Budenberg joined UK Financial Investments (UKFI) for a bonus-free, pension-free bargain salary of just £155,000. Friends said the banker, who they described [...]
BARGAIN BANKER October 28, 2009 THE government confirmed that it had hired one of the City’s top deal-makers yesterday – on an income believed to be no more than a tenth of what he earned at UBS. Robin Budenberg joined UK Financial Investments (UKFI) for a bonus-free, pension-free bargain salary of just £155,000. Friends said the banker, who they described [...]
Rock gets go-ahead to split October 28, 2009 CHANCELLOR Alistair Darling ruled out the prospect of a quick sale of Northern Rock yesterday, despite winning backing from the European Union to split the troubled lender into a “good” and “bad” bank ahead of a sell-off. EU competition commissioner Neelie Kroes approved the government’s proposals to split the Newcastle-based bank, led by chairman Ron [...]
Barclays seals deal to buy StanLife Bank October 26, 2009 BARCLAYS yesterday agreed to pay £226m for the banking division of Standard Life, allowing the Edinburgh-based life insurer to refocus on its core business. The relatively modest deal will add £5.5bn in deposits and 287,000 new accounts to Barclays’ massive base of 15m current account customers. The banking unit last year became a thorn in [...]