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Property market

  • FTSE 100 today: London markets set to extend record streak on strong global cues

    April 30, 2024

    Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.

  • London house prices fall on back of rising mortgages and stamp duty

    April 29, 2024

    London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown. 

  • Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley

    April 28, 2024

    Canary Wharf agreed to put £150m towards the refurbishment of Morgan Stanley's office as part of the deal that kept the bank in the district.

  • Canary Wharf: Property value falls as London banking hub secures £550m financing deal

    April 25, 2024

    The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn. 

  • Mortgage and valuation giant LSL Property Services continues strong start to 2024 with share buyback

    April 25, 2024

    LSL Property Services, one of the largest providers of mortgage and valuation services, has continued its strong start to 2024, surpassing analyst expectations.

  • Reduced notice periods for renters are an open door for party flats

    April 24, 2024

    Renters need more rights, but scrapping minimum tenancy terms would leave landlords unable to stop their properties being used for holiday lets, party flats or worse

  • FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings

    April 22, 2024

    Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.

  • Lendinvest: Property fintech ‘cautiously optimistic’ for return to profitability in 2025

    April 18, 2024

    Property fintech LendInvest has said it expects to report full-year results in line with market expectations and is "cautiously optimistic" for a return to profitability in 2025, as the mortgage market rebounds.

  • Foxtons: ‘Value of homes under offer best since Brexit’

    April 18, 2024

    Estate agent Foxtons said improved market conditions helped drive housing sales revenue by 17 per cent in the first quarter of the year, with the value of homes under offer the best since Brexit. 

  • Workspace Group reports ‘resilient’ customer demand in the fourth quarter

    April 17, 2024

    Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings. 

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