Latest Property News

• London office space values to soar 43%
  

  Published 03rd Feb 2010

  The value of office space in London is set to soar by a massive 43 per cent this year as a result of a lack of supply

• Construction sector recession enters 23rd month
  

  Published 03rd Feb 2010

  Hopes of a recovery were boosted further today with a survey showing that the construction industry shrugged off last month's snowy weather and shrank at its slowest rate in nearly two years

• Building societies hit borrowers by pushing rates higher
  

  Published 02nd Feb 2010

  Borrowers with building society mortgages face a sharp rise in repayments after a further two mutual lenders announced plans to hike standard variable rates (SVRs)

• Church's exit leaves Manhattan tenants in limbo
  

  Published 02nd Feb 2010

  When the Church of England walked away from a £40 million investment in a Manhattan apartment complex last week, it simply wrote off the entire amount, promising that “lessons would be learned”

• Barclays provides £100m for affordable homes construction
  

  Published 01st Feb 2010

  Barclays has provided Waterloo Housing Group with £100m in new debt finance to help finance the construction of 3,000 affordable homes

• Mortgage approvals in first drop for a year
  

  Published 01st Feb 2010

  The number of loans made to homebuyers unexpectedly fell in December, recording the first fall in more than a year, according to Bank of England figures released today

• High street solicitors fear annihilation by ‘Tesco law’ giants
  

  Published 29th Jan 2010

  Hundreds of small independent solicitors across Scotland could be forced out of business after four of the biggest law firms in the country voted through reforms that will enable supermarkets and banks to provide cut-price legal advice on services such as house purchases and small claims