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Capital gains tax branded ‘ripe for reform’ ahead of Budget September 10, 2024 Capital gains tax is “ripe for reform”, a leading think tank has said, as Chancellor Rachel Reeves considers possible revenue raisers ahead of October’s Budget. With a range of potential tax rises on the table, the Resolution Foundation has joined a chorus of voices arguing that the levy needs to be reformed. In a report [...]
Jefferies upgrades Rightmove as REA group eyes £4.4bn takeover bid September 9, 2024 Jefferies analysts have upgraded their guidance for Rightmove as they believe Australian real estate giant REA Group will probably make a formal offer for the British property platform. Last week, Rupert Murdoch’s News Corp-backed REA said it is considering a £4.4bn cash and share offer for Rightmove, sending the latter’s shares up nearly 25 per cent. Rightmove [...]
‘Horrible and scandalous’: Reform UK’s Ben Habib under attack over £3m fundraise September 9, 2024 Ben Habib’s property investment outfit has come under attack from an activist shareholder over a fundraise which could hand the former Reform UK deputy leader and its chairman greater sway over the company. First Property, run by chief executive Habib, told the market last week it would launch an open offer to raise £2.96m through [...]
Zoopla, Confused and Uswitch owner slashes loss by almost £600m September 6, 2024 The group behind the likes of Zoopla, Confused.com and Uswitch slashed its pre-tax loss by almost £600m in 2023, it has been revealed. The London-headquartered organisation has reported a pre-tax loss of £134.9m for its latest financial year after posting a loss of £714.6m in 2022. According to newly-filed accounts with Companies House, the group’s [...]
UK house prices: ‘Only the Autumn Budget could derail this train’ September 6, 2024 UK house prices grew at their fastest annual rate since November 2022, although analysts have already started to warn about the effects of a potentially bruising Autumn budget. Prices rose by 4.3 per cent year on year and 0.3 per cent month on month, taking the price of the average property in the UK to £292,505, [...]
Commute and save with Shared Ownership homes in the home counties and the coast September 5, 2024 With an exciting collection of new homes available through Shared Ownership in the Home Counties, the coast and throughout the UK, at Places for People we have apartments and houses designed to suit everyone. Due to higher property prices in central London, you can find a wider selection of new homes with a lower market [...]
The Capitalist: All aboard the Spoons Express September 5, 2024 City slickers check out Waterloo's new Spoons, a hedge fund tycoon closes in on The Spectator and a farewell to City Spy in this week's The Capitalist.
Shared ownership 2025 September 4, 2024 “Do It For The Future: Do It With Shared Ownership Thousands of Londoners want to get on the property ladder to invest in themselves and their futures. Shared Ownership offers an affordable cost of entry to the property market, allowing first time buyers stability, security and a place to call their own. Whatever your motivation [...]
Shared Ownership: achievable, affordable and for everyone September 4, 2024 Kevin Sims, Director of SO Resi, says: Shared Ownership: achievable, affordable and for everyone Culturally, we have a strong affinity for homeownership. Purchasing a home is seen as a natural ‘life milestone’ akin to marriage or starting a family. Worryingly, shocks to the property market and the economy in recent years have made it harder [...]
Helping first time buyers get on the property ladder September 4, 2024 NHG Homes – part of Notting Hill Genesis, one of the UK’s leading housing associations – is helping first-time buyers get on the property ladder in London in a more accessible way. In recent research conducted by NHG Homes – in partnership with Opinium – four in five London renters said they were optimistic about [...]