Latest Property News

• Europe's sun belt rich move more cash to London
  

  Published 26th May 2011

  The tycoons of Europe's troubled southern periphery are buying up homes in London's billionaire enclaves and shifting cash to the City's banks as they flee the euro zone's debt crisis

• Retailer Focus DIY to close, 3,000 jobs could go
  

  Published 25th May 2011

  Home improvement retailer Focus DIY is to close with the possible loss of up to 3,000 jobs, after administrators were unable to find buyers for the bulk of its stores, they said on Wednesday

• U.S. new home sales at 4-month high, supply drops
  

  Published 24th May 2011

  New U.S

• Strongest April on record drives rents to all time high
  

  Published 24th May 2011

  In April, the average rent in England and Wales rose by 0.8% to £692 per month, matching the record high reached in November 2010

• British Land shares fall after solid full-year result
  

  Published 23rd May 2011

  British Land posted an improved full-year result and positive outlook for its core markets on Monday, but investors saw these as less bullish than rival Land Securities' and traded its shares lower

• Gross mortgage lending down 5 percent y/y in April - CML
  

  Published 20th May 2011

  Gross mortgage lending fell 5 percent on the year in April and was 14 percent lower on the month, with the timing of Easter a factor, the Council of Mortgage Lenders said on Friday

• Domestic emergency cover firm Homecall+ goes bust
  

  Published 19th May 2011

  Thousands of homeowners and landlords find themselves today without domestic emergency cover: Homecall+ (Homecall Plus), one of the biggest firms offering insurance-backed warranties to cover plumbing, heating, drainage and electrical breakdowns, has gone bust