Helen Ozolins
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Melbourne tops liveability rankings
Melbourne topped the list of the Economist Intelligence Unit’s most liveable cities for the seventh year in a row, followed by Vienna and Vancouver, both of which also retained their…
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Read this morning’s papers: 71,000 care home place shortfall seen/London mayor targets affordable home commitments
Round-up of today’s top property stories with quick links to the nationals.
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71,000 shortfall in care home places expected by 2025
The country could be facing a 71,000 shortfall in the number of care home places by 2025, according to a study by the Institute for Ageing at Newcastle University, published…
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London mayor aiming to ensure affordable home commitments met
London mayor Sadiq Khan is looking at measures to ensure developers meet affordable housing commitments agreed when planning permission is granted.
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UK house price growth slows
UK house price growth was the slowest in three months in June, with a rise of 0.8% on the month taking the average house price to £223,000, figures from the…
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Head of haart warns over unaffordability
Housing unaffordability is reaching a crisis point, Paul Smith, chief executive of haart’s estate agency, warns.
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Sharp rise in loans taken out by first-time buyers in June
The number of loans taken out by first-time buyers rose by 22% in June compared with May, to 36,000, figures from UK Finance show.
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Mears cuts revenue forecast, warns on profit after Grenfell Tower fire
Mears Group has cut its forecast for revenue and warned of a hit to earnings as its social housing customers delay orders following the Grenfell Tower fire.
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Inflation data make rate rise less likely
Economists view an interest rate rise as less likely following inflation data that showed the annual increase in the consumer price index was unchanged in July at 2.6%.
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Read this morning’s papers: New River agrees refinancing/Plans for Thames garden bridge shelved
Round-up of today’s top property stories with quick links to the nationals.
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New River agrees £430m refinancing
New River has agreed a £430m refinancing deal, a move aimed at reducing the cost of its debt.
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Thames garden bridge project dropped
The plan for a garden bridge across the Thames has been dropped, with the Garden Bridge Trust saying it would be formally closed after current London mayor Sadiq Khan withdrew…