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Property

  • Perfecting the art of seduction with bespoke interiors

    March 28, 2014

    Melissa York talks to Julia Reynolds, the saleswoman who makes every viewing a singular experience THE next time you walk into a show home, take a good sniff. It’s likely that a lot of thought has gone into what permeates your nostrils. The days of sales teams brewing coffee or arranging flowers at strategic intervals [...]

  • ­Hotel interiors need not be dull and predictable – just ask Kit Kemp

    October 25, 2012

    I want to pique the imagination of even the most jaded businessman,” says Kit Kemp, design director and co-founder of Firmdale Hotels, the group that includes the buzzy Soho, Covent Garden and Charlotte Street Hotels. “If I can do that for a second, then we’ve achieved something.” Pique, she definitely does, with her love of [...]

  • Making interiors more fashionable

    February 24, 2011

    BLACK leather rock and roll was certainly a feature of this year’s London Fashion Week. Kate Moss was slapped across yesterday’s papers for finishing the week in a floor length leather dress. But she wasn’t the only one to be upping the ante and embracing cow skin. The German twins, Daniela and Annette Felder, behind [...]

  • Redrow cuts payout hit by housing slump

    September 10, 2008

    Evidence of the housing market downturn became even more explicit yesterday as housebuilder Redrow announced a halving of profits and a new £450m debt facility to 2011. Shareholders are also losing out on a third dividend, due to an “unprecedented decline in the fortunes of the UK housing market in a very short period of [...]

  • House prices fall furthest in 25 years

    September 5, 2008

    Yet more doom and gloom was heaped on the housing market yesterday as retail bank Halifax announced the first double-digit drop in prices since 1983. Prices dipped a further 1.8 per cent in August following a drop of 1.7 per cent in July, marking the fifth month running that house prices have dropped by at [...]

  • Brown’s £1bn home market rescue gets a cool response

    September 3, 2008

    Critics have rounded on prime minister Gordon Brown’s housing market rescue package saying it will do little to reverse the worst housing slump in 18 years. From today the government has scrapped stamp duty for a year on homes worth less than £175,000 as part of a package of measures designed to revitalise the flagging [...]

  • Latest house price fall piles on the misery

    September 1, 2008

    House prices slumped by 0.9 per cent in August, falling for the 11th successive month and adding to the gloom currently surrounding the market. According to the latest national housing market survey from Hometrack, average prices are down by 5.3 per cent on a year-on-year basis, the lowest level since the survey began in 2001. [...]

  • Savills sales plunge fails to dampen mood

    August 29, 2008

    Property group Savills was buoyant yesterday, despite a 41 per cent slump in first-half underlying pre-tax profit to £19.2m, owing to ailing commercial and residential property markets. The company saw its shares soar 17 per cent to 283.75p yesterday, as an 88 per cent fall in profits to £2.5m at its residential and commercial sales [...]

  • Taylor Wimpey profits hit by £1.5bn writedown

    August 28, 2008

    Housebuilder Taylor Wimpey’s first half profits fell sharply after writing down a massive £1.5bn loss on the value of its property assets. The new homes specialist, which earlier in the year warned it would breach its banking covenant over the full year, said yesterday that it was still in talks with its bankers about revising [...]

  • Mortgage squeeze causes profits to plunge at Bovis

    August 27, 2008

    Housebuilder Bovis yesterday blamed the mortgage squeeze for an 83 per cent slump in first half profit and said it was “the toughest period of trading it has experienced in its life as a public company”. Pre-tax profits fell to £9.5m, from £58.4m in the first six months of 2007, prompting the housebuilder to take [...]

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