Helen Ozolins
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Autumn budget could provide help for young homebuyers
BUDGET 2017: Young homebuyers could be in for some help in the chancellor’s autumn budget.
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Fulham Shore warns of trading slowdown
Fulham Shore, which owns the Franco Manca and Real Greek brands, warned of a slowdown in trading in July and August, particularly for its restaurants in London’s suburbs.
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Asda cuts nearly 300 jobs
Asda has cut nearly 300 jobs at its head office in Leeds and another office in Leicester.
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Read this morning’s papers: Bitcoin first for property development/London mayor rejects numbers change at police HQ site
Round-up of today’s top property stories with quick links to the nationals.
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Ultimo founder to sell Dubai apartments in bitcoin
Michelle Mone, the founder of the Ultimo lingerie brand, is launching a development in Dubai where the properties will be sold in bitcoin – a first for the real estate…
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London mayor rejects application to reduce proportion of affordable housing at police HQ site
Plans to modify the number of homes being built on the site of the former headquarters of the Metropolitan Police have been described as simply unacceptable by London mayor Sadiq…
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Record year for Redrow
Housebuilder Redrow had a record year, with revenue up 20% at £1.66bn, pretax profit 26% higher at £315m and completions up 15% at 5,416.
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Buy-to-let lender Charter Court plans listing
Charter Court Financial Services is planning a listing on the London stock exchange, potentially valuing the buy-to-let lender at £500m.
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FCA considers rule change on interest-only mortgages for retired borrowers
The Financial Conduct Authority is considering a change to the rules on interest-only mortgages that would help older homeowners, many of whose mortgages are approaching maturity.
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Housing efficiency targets could include ban on sales of poorly insulated homes
A ban on selling houses with poor insulation would be an effective measure to improve housing efficiency, according to government-funded research by the UK Energy Research Centre.
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Leaked document reveals plans to curb migration
A leaked government document reveals plans to introduce curbs on migrants as soon as Brexit comes into effect, likely to be in March 2019.
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Read this morning’s papers: Construction PMI lowest in a year/Architects should take back control
Round-up of today’s top property stories with quick links to the nationals.