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 [...]
Vim added to trusty Audi estate August 7, 2012 Audi’s A6 Allroad model has long been something of the unsung hero in its ever-expanding model range. Is it an oddity? Well, it’s certainly unique. An estate car with four-level height adjustable suspension and quattro all-wheel-drive – A6 Allroad appeals to people that want a rugged car but for whom an SUV just doesn’t cut [...]
Veolia sells UK water unit to Rift for £1.2bn June 28, 2012 FRENCH utility Veolia Environnement has sold a majority stake in its regulated UK water business for £1.24bn including debt, notching a milestone in its overhaul aimed at returning to profitability and cutting debt. It is the first significant divestment since chairman and chief executive Antoine Frerot announced a reorganisation in December to cut debt that [...]
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 [...]
Everything Everywhere faces a takeover bid from its ex-chief June 17, 2012 EVERYTHING Everywhere is the target of a private equity takeover bid fronted by its former chief executive Tom Alexander. Private equity firms KKR and Apax are understood to have put forward a collective £3bn to buy the British telecoms company – a hybrid of Orange and T-Mobile, the UK brands of France Telecom and Deutsche [...]