The boss of one of London’s largest housebuilders on Wednesday called on the UK’s next Prime Minister to radically shake up Britain’s “dire” planning system to help boost building in a turbulent market.
Canary Wharf Group is in talks to buy most of London property rival Capco’s troubled Earl’s Court site, it emerged on Tuesday.
John Lewis is planning to expand its offering from furnishing homes to extending and renovating them.
The employee-owned business said it wanted to be involved in every area of home improvement from design to construction.
Purplebricks’ founder Michael Bruce has exited the company as part of a £43.7m share deal with investor Axel Springer.
Bruce stood down as chief executive last month after a period of difficult trading and has now ended his involvement after seven years.
Claim is made by leading recruiter for industry which says smaller independent estate agents will be hit hardest.
The non-corporate property sector experienced the fastest decline in high street locations last year.
Construction firm Bovis offered to pay £950m to buy rival Galliford Try's home building business but was rejected, it has emerged.
Departure of online estate agent’s chief executive seems to signal reality biting after share price fall
Profits may have slipped at London property giant Grosvenor Group, but the firm still upped its dividend to £43.9 million, boosting the fortune of the 28-year-old billionaire Duke of Westminster.
Taylor Wimpey boss Pete Redfern’s week got worse on Thursday as he admitted Brexit stockpiling would hit margins just days after pulling out of a controversial deal to buy one of the housebuilder’s own flats at a discount.
The UK's largest estate agent group, Countrywide, has reported widening losses and says the uncertainty surrounding Brexit is hitting business.
Flagship policy of former government drives up firms’ profits along with house prices
Builder condemned for making massive gains from taxpayer-funded programme
Shares in housebuilder Persimmon have fallen sharply after the company's continued participation in the Help to Buy scheme came under scrutiny.
Strutt & Parker says three quarters of 1,000 companies it canvassed say housing crisis is impacting their business' performance negatively.
The bank, which has been opening new branches as established rivals cut back, revealed that hundreds of millions of pounds of commercial property loans and loans to commercial buy-to-let operators had been wrongly classified in risk terms, and should have been among its “risk-weighted assets” (RWAs).
More evidence is emerging that steep price cuts are hitting home values in London’s best districts as the market struggles to escape the morass that’s engulfed it over the last four years.
Housebuilder is one of the biggest beneficiaries of the taxpayer-funded scheme
Leveraged loans are ringing alarm bells for regulators who fear a repeat of 2008’s mortgage disaster
Cheaper mortgage deals are keeping buyers interested despite Brexit uncertainty, housebuilder Taylor Wimpey said on Wednesday.
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