Helen Ozolins
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Read this morning’s papers: House price growth surprises/Bovis cuts targets
Round-up of today’s top property stories with quick links to the nationals.
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UK house price growth surprises in August
UK house price growth in August was the highest so far this year, at 1.1%, improving on the previous month’s 0.7% rise, figures from lender Halifax showed.
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Bovis cuts targets for new homes to 4,000 a year
Bovis Homes will sharply reduce targets for the number of homes it builds, with new chief executive Greg Fitzgerald saying the company would now aim for 4,000 homes a year…
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Onthemarket aims to raise £50m via AIM listing
Some 89% of Onthemarket’s members have voted in favour of the property portal floating on London’s AIM.
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Zoopla parent buys Money.co.uk
Zoopla’s parent company, ZPG, is acquiring financial services comparison website Money.co.uk in a potential £140m deal.
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Shaftesbury looks to update London’s Chinatown
London’s Chinatown is stuck in a bit of a time warp, says landlord Shaftesbury.
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Amazon launches search for HQ2
Amazon has launched a search for a second North American headquarters, to be the full equal of its offices in Seattle.
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Read this morning’s papers: First-time buyers beating landlords/Landlords wary of renting to EU nationals
Round-up of today’s top property stories with quick links to the nationals.
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First-time buyers winning out over landlords in London
Competition between investors and first-time buyers for properties has fallen after government measures targeting buy-to-let landlords, research by Countrywide shows.
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Landlords reluctant to rent properties to EU nationals
A survey by the Residential Landlords Association reveals that nearly one in five private landlords is wary of renting to nationals of other European Union member states because of government…
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McCarthy & Stone warns of impact of capping ground rent
Capping ground rent at a peppercorn rate would cause retirement housing specialist McCarthy & Stone to reduce the number of homes it builds for the older generation.
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Barratt reports profit rise
Barratt Developments reported a 12% rise in pretax profit to £765m in the year ended 30 June, while revenue was 9.8% higher at £4.56bn.