David Callaghan
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Property owners better off than renters
Homeowners with mortgages pay on average £316 more per month than people who rent their homes.
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Sigma starts work on 927 homes
A private rented sector joint venture of Sigma and its partner Gatehouse Bank has started construction work on 927 homes.
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Bank split on rate rise policy
Members of the Bank of England’s monetary policy committee are becoming increasingly divided on whether to raise interest rates.
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Westminster loses offices to homes
One in every 20 sq m of office space in Westminster has been converted for residential use in the last four years.
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New York street most expensive in world
Fifth Avenue in New York is once again the most expensive street in the world for retailers paying rent.
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Mortgage rates ‘vulnerable to change’
Increases in interest rates are more likely to be reflected in the cost of mortgages, according to a member of the Bank of England’s monetary policy committee.
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Bank warned not to raise rates too soon
The Bank of England has been warned by Standard & Poor’s not to raise interest rates before it is necessary.
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B&M eyes national target
Discount retailer B&M, which is mainly based in the north of England, plans to expand across the country.
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British Land hits four-year high
British Land said its portfolio, which includes shopping centres, retail parks and food superstores, had risen 6% in value to a four-year high of £7.2bn.
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Big four suffer falling grocery sales
The big four supermarkets saw sales drop for the first time in at least 20 years.
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Government could build 2m homes
The government owns enough land to build up to 2m homes, according to Savills.
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House price data creates mixed picture
New figures from the Office for National Statistics suggest the growth in UK house prices is accelerating.