Karen Day
-
Mortgage approvals at 18-month low
Mortgage approvals fell to an 18-month low in July, figures from the Bank of England showed.
-
Axa to consult investors over 22 Bishopsgate
Axa plans to ask investors whether they want to proceed with the construction of 22 Bishopsgate.
-
Home sales only after energy efficiency upgrades
Homes would have to meet energy-efficiency standards before they could be sold, under proposals by Conservative think-tank Bright Blue.
-
Berkeley set to drop out of FTSE 100
Berkeley Group is set to drop out of the FTSE 100 index and into the FTSE 250 as part of the quarterly review of index components.
-
UK consumer confidence improves
UK consumer confidence bounced back in August, after an initial slump following June’s Brexit vote, but remains well below its level prior to the referendum.
-
Blackstone to buy Alecta’s US properties
Blackstone Group will pay $1.8bn to acquire US office and retail properties being sold by Swedish pension manager Alecta.
-
L&G sees expanded role for Bank of Mum and Dad
The Bank of Mum and Dad could expand, becoming involved in lending to other people’s children, according to Legal & General.
-
Fewer foreign buyers for London homes
Foreign buyers accounted for a fifth of all home purchases in London in the first half of the year, down from almost a third a year earlier, research by Hamptons…
-
Affordable homes attracting new type of investor
Tenants on the list for affordable housing in Luton will be able to move into 80 newly built flats next month, the first to be developed by a hedge fund.
-
Historic England’s concerns over Somers Town flats
Historic England has called on communities secretary Sajid Javid to intervene over plans to build a 25-storey apartment block close to Regent’s Park.
-
Inward investment projects up 11%
Foreign investment in the UK reached a record high last year, with the number of inward investment projects up 11% at 2,213.
-
Hammerson’s retail tracker shows sales up 0.5%
Retail sales across Hammerson’s shopping centres rose by 0.5% in July, according to the company’s retail tracker.