New homes: Our pick of the new builds going on sale in London this weekend March 29, 2019 New developments on the market this week The Refinery, Newham From £120,750 for a 35 per cent share of a one bedroom flat Live in the shadow of golden syrup factory Tate & Lyle in an up-and-coming part of east London. Part-buy, part-rent a one, two or three bedroom apartment through Shared Ownership. Sixty homes [...]
Persimmon share price dips in wake of Help to Buy contract fears February 25, 2019 Persimmon was among the biggest FTSE 100 market fallers this evening as fears that the property giant could lose its Help to Buy contract weighed on investor confidence. The developer will be hoping to claw back positive sentiment in the City tomorrow in its full-year profit results, after shares closed down nearly five per cent [...]
New homes: Our pick of the new builds going on sale in London this weekend February 15, 2019 New developments on the market this week Ridgeway Views, Mill Hill From £569,995 Move into one of these two and three bedroom flats in time for the summer. The latest phase of homes, called Highwood Place, went on sale this week overlooking Totteridge Valley, with views of the rolling hills from private balconies and terraces, [...]
Focus On the City of London: How much does it cost to live in the shiny new developments in the Square Mile? February 11, 2019 Have you ever thought about living in the Square Mile? Fair enough if you haven’t because you’re certainly in the majority, With an eye-watering average second-hand sale price of £840,053 – for context, the London average is £497,452, according to Savills Research using the Land Registry – and an outmoded reputation for being suits central, [...]
10 shares to generate £10,000 income in 2019 February 11, 2019 Four years ago, we asked how much an individual would need to invest in order to generate an annual income of £10,000 from corporate dividend payments. Rising yields have allowed us to reduce the amount each year and still meet the income objective, but 2018 proved a stiffer test and requires some explaining. First, big [...]
Bellway set for revenue bump despite Brexit jitters February 7, 2019 Bellway said this morning that it was expecting a rise is sales over the year ahead, despite echoing the cautious sentiment over Brexit from many of its peers within the property industry. Buoyed by demand for affordable homes and government schemes such as Help-to-Buy, Bellway said in a trading update this morning that it expected total [...]
Redrow hails record profit as founder bows out on a high February 6, 2019 Housebuilder Redrow hailed record half-year profits before tax this morning, striking a resilient tone despite fears of greater uncertainty over Britain's imminent departure from the EU and a “subdued” Christmas. The figures In Steve Morgan’s final trading statement as chairman, the FTSE 250 developer said that pre-tax profits rose five per cent to £185m in [...]
Barratt Developments builds profit in strong first half February 6, 2019 The UK’s largest housebuilder Barratt Developments boosted its profit before tax 19 per cent in the first half of its financial year. Barratt said its profit before tax stood at £408m in the six months to 31 January, with revenue growing seven per cent to £2.13bn and total completions rising four per cent to 7,622 [...]
FTSE risers and fallers: Housebuilders climb on reports of Brexit delay January 11, 2019 Brexit sensitive housebuilders were the biggest risers in the FTSE 100 today after it was reported that the deadline for the UK’s departure from the European Union could be extended. Taylor Wimpey, Persimmon and Barrett Development took the top spots in the FTSE 100 today after it was revealed that a backlog of six essential bills, [...]
Housebuilders lead the way as FTSE climbs to four-week highs January 9, 2019 The FTSE 100 has climbed one per cent in early trading as US-China trade talks and a housebuilder boost continued the index’s bright start to the year. The blue chip index has now risen 2.6 per cent so far this year as the third day of trade negotiations between the world’s two largest economies further [...]