Focus On Croydon: Concrete jungle of Zone Five is increasingly popular with young professionals July 8, 2016 It’s a concrete jungle out there. At least, it is if you live in the London borough of Croydon. Despite birthing Kate Moss, Sir Philip Green and Tracey Emin, it’s not an area that’s known for glamour, largely due to a preponderance of outdated 1960s office blocks. Though there have been many attempts to revive [...]
Should investors be buying shares in Brexit-battered housebuilders? June 29, 2016 Despite something of a recovery on the stock markets in recent days, some sectors out there are still looking pretty rough. Housebuilders are among them. So bad was the post-referendum sell-off, trading in FTSE 100 listed firms was temporarily suspended on Monday as their share prices were hit by two consecutive days of double-digit falls. [...]
Bellway shrugs off Brexit uncertainty as it’s boosted by London Help to Buy – but shares drop on house price report June 9, 2016 It seems reports of the death of the housing market are greatly exaggerated, after housebuilder Bellway reported the market continued to be "robust". The figures Completions were expected to rise 10 per cent in the full year to the end of July, while sales increased eight per cent to 196 per week , up from 182 per week in 2015. Bellway said it [...]
Best of British: Four top UK stocks for your ISA – the cream of the house builders, defence, television and retail May 31, 2016 The UK is home to many great businesses and buying shares in ones with good business models and prospects for growth can be a great way to boost savings in an Isa or Sipp. Markets have been rocky this year because of Brexit and trouble overseas, but we asked the best fund managers for examples of [...]
New Builds: From Notting Hill to Battersea, here are the hottest new developments on the market this week April 29, 2016 Alto, Wembley From £715,000 High rise apartments have gone on sale at Alto, a development by Keystone and Quintain, which is part of the 83-acre regeneration of Wembley Park. The two and three bedroom apartments sit in the Pienna building, the 19-storey ‘crowning glory’ of the scheme designed by Flanagan Lawrence Architects, which worked on [...]
Housing association L&Q to build 200 homes after buying £150m Wandsworth Town site April 18, 2016 The housing association London & Quadrant (L&Q) has announced plans to build a further 200 homes in south London after buying a £150m development site near Wandsworth Town Centre. L&Q, which is currently in merger talks with two other associations to create the country's fourth biggest housebuilder, said it has purchased Garratt Place near Earlsfield station from Wandsworth Council and South Thames College. [...]
New homes on sale this week in Leyton, Clapham, Bromley, Harrow and Marylebone April 14, 2016 Lyon Square, Harrow One to three bedroom apartments are on sale from 16 April in central Harrow from developer Redrow London from £365,000. There will be 310 homes in total, measuring between 538sqft to 1,265sqft situated two minutes away from Harrow-on-the-Hill tube station, which reaches the City in 35 minutes. Call Redrow London on 0203 [...]
Persimmon narrowly dodges revolt over new director Nigel Mills and executive pay, as shares slump over sales slowdown April 14, 2016 Persimmon narrowly avoided a revolt today over the appointment of Nigel Mills to the board after shareholders raised concerns over his links to the housebuilder's financial advisers. More than 47 per cent of shareholders voted against appointing Mills as an non-executive director at the company's annual general meeting held at York race course – with 107m votes in favour [...]
Bellway’s share price rises as profits smash expectations March 22, 2016 Bellway shares rose 3.6 per cent in morning trading after the UK housebuilder beat analyst expectations, reporting a near 43 per cent jump in profits to £226.6m in the first half to 31 January. The family-owned group's better-than-expected profits was largely due to its operating margin, which came in at 21.4 per cent compared with 19.9 per cent the same [...]
Bellway on track for jump in profits after selling homes at record high prices February 10, 2016 Housebuilder Bellway has kept its shareholders happy. The company said it was on track to deliver a significant rise in sales and earnings for the first half building more homes and selling them at record prices. The family-owned company, which builds homes across the country, completed 4,188 homes in the first half of the year to 31 January, up 11.6 [...]