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.
Online estate agent’s shares down 12% after it cuts full-year revenue forecast to £175m
Shares in the owner of shopping centres including Lakeside and the Trafford Centre have plunged after a £2.8bn takeover bid was abandoned.
St Modwen has sold retail assets totalling £82m as it accelerates its strategy of weighting its portfolio more heavily towards industrial and logistics development and its housebuilding business.
Developer LandSec bore the scars of the pain facing UK retailers on Tuesday as the firm wrote almost £200 million off the value of its property portfolio.
Brexit jitters spread to housebuilder Taylor Wimpey on Tuesday as worried buyers take longer to sign on the dotted line.
More than 200 UK shopping centres are in danger of falling into administration, experts are warning.
Flats builder London Square on Thursday shrugged off jitters in the capital’s high-end home markets and secured £200 million of new funding to work on more sites.
Housebuilder Crest Nicholson has put the brakes on its growth ambitions to focus on cash flow and shareholder returns after warning profits will be lower than expected for the third time in two years.
US private equity giant Cerberus has been accused of misleading the government on a deal to snap up £13bn worth of mortgages from bust lender Northern Rock.
The FTSE 100 firm behind the Holiday Inn and Crowne Plaza chains said revenue per available room in the capital rose 3.6% in the third quarter. The rest of the UK slipped 0.4%.
Finance boss Paul Edgecliffe-Johnson said the firm’s famous Park Lane hotel had its strongest-ever summer.
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