Latest Property News

• Mothercare to close 110 stores in fresh blow to ailing High Street
  

  Published 18th May 2011

  Mothercare has dealt a fresh blow to the UK High Street as it unveiled plans to close 110 outlets and focus on out-of-town superstores

• LandSecs produces spectacular results and moves to plug "acute" offices shortage
  

  Published 18th May 2011

  Land Securities posted a double-digit rise in full-year net asset value and said it will continue speculatively developing offices to fill a central London under-supply that may be more acute than it expected

• Irish Life says mortgage arrears up
  

  Published 18th May 2011

  Bancassurer Irish Life and Permanent said more customers were falling behind with mortgage repayments and surrendering life insurance policies early as a weak economy weighed on household incomes

• Wickes owner Travis Perkins buys Focus DIY chain from administrators
  

  Published 17th May 2011

  The owner of Wickes has bought 13 stores from the administrators of stricken chain Focus DIY in a deal worth £8.4m

• Britain seeks to halt decline in town centre retail
  

  Published 17th May 2011

  The government said Tuesday it was getting Mary Portas to review the country's high streets to examine how to halt rising shop vacancy rates and increase the number of independent stores in local town centres

• Property asking prices near three-year high
  

  Published 17th May 2011

  Asking prices for houses in England and Wales have risen this month to their highest in nearly three years, despite a lack of support from market fundamentals, property website Rightmove said on Monday

• House prices rise 1.2 percent month-on-month in March - DCLG
  

  Published 17th May 2011

  House prices rose by 1.2 percent on a seasonally-adjusted basis in March, taking the year-on-year rate of growth to 0.9 percent, government figures showed on Tuesday