City Moves for 17 September 2018 – who’s switching jobs at Hampshire Trust Bank, Pocket Living and Seedrs? September 17, 2018 Today's City Moves cover banking, property and private equity investing. Take a look at these movers and shakers: Hampshire Trust Bank Hampshire Trust Bank (HTB) has promoted David Alcock to managing director of the bank’s development finance division. David, who has served as deputy managing director, development finance, for four years, succeeds Robert Grigg, who [...]
City Moves for 17 September 2018 – who’s switching jobs at Hampshire Trust Bank, Pocket Living and Seedrs? September 17, 2018 Today's City Moves cover banking, property and private equity investing. Take a look at these movers and shakers: Hampshire Trust Bank Hampshire Trust Bank (HTB) has promoted David Alcock to managing director of the bank’s development finance division. David, who has served as deputy managing director, development finance, for four years, succeeds Robert Grigg, who [...]
Opinion: Ten years on from the financial crash, the property market is in recovery but should emerge stronger than ever September 14, 2018 It might all be about Brexit now, but let’s not forget what happened 10 years ago. Recessions sparked by problems in the financial markets are widely recognised as being deeper and more prolonged than other downturns. And this certainly seems to be the case with the financial crash and the fall of Lehman Brothers 10 [...]
Opinion: Ten years on from the financial crash, the property market is in recovery but should emerge stronger than ever September 14, 2018 It might all be about Brexit now, but let’s not forget what happened 10 years ago. Recessions sparked by problems in the financial markets are widely recognised as being deeper and more prolonged than other downturns. And this certainly seems to be the case with the financial crash and the fall of Lehman Brothers 10 [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
New Homes: What’s going on sale in London this weekend, in Clerkenwell, Maida Vale, Balham, Stepney and Southall September 14, 2018 New developments on the market this week Postmark, Clerkenwell From £670,000 You won’t have far to walk to pick up your parcels if you buy one of these new homes on the same site as the Royal Mail Sorting Office. A mix of homes, shops and offices are planned for this six-year project that’s being [...]
Profits bounce back at Galliford Try but bypass woes loom September 12, 2018 Galliford Try’s profits soared 145 per cent in the last 12 months, in a sign that the construction group is recovering from a series of setbacks it suffered earlier in the year. Pre-tax profits jumped from £58.7m to £143.7m in the year leading up to the end of June 2018, pushing Galliford’s share price up [...]
Remortgaging surges in July as homeowners pre-empt interest rate rise September 12, 2018 The number of homeowners remortgaging their houses spiked to its highest level in more than a decade in July, amid a rush to lock in fixed-rate mortgage deals leading up to the latest Bank of England rate rise. Roughly 46,900 new homeowner remortgages were completed in July, rising 23.1 per cent compared with the same [...]
New mortgages hit 10-year high as lending activity grows September 11, 2018 Mortgage lending picked up in the second quarter of the year, with new commitments hitting their highest level in more than a decade amid a bump in the number of first-time buyers coming onto the property market. Read more: London house prices set to hit lowest growth levels since financial crash The value of new [...]
Look to the green belt: Paper calls for radical changes to land near train stations in bid to solve housing crisis September 10, 2018 Freeing up green belt land near train stations could pave the way for the construction of 1.5m new houses, according to a report which seeks to tackle London’s chronic shortage of affordable housing. Radical proposals that call on the government to loosen development restrictions around green belt areas within a half-mile radius of train stations have been [...]