Latest Property News

• Bradford & Bingley to split good and bad assets to repay £18.4bn loan early
  

  Published 26th Oct 2009

  Bradford & Bingley (B&B) is to divide its £50 billion balance sheet into “good” and “bad” assets in an exercise that echoes similar plans at Northern Rock

• More barracks blues for Qatari developer
  

  Published 25th Oct 2009

  Property tycoons Nick and Christian Candy are suing the owner of Chelsea barracks for more than £1m in unpaid fees

• Mortgage approvals rise 77% - BBA
  

  Published 24th Oct 2009

  The number of mortgages approved for house purchases by banks reached 42,088 in September, its highest level since January last year, figures showed today

• Virgin Money signals new move for Northern Rock
  

  Published 24th Oct 2009

  Virgin Money is applying for a banking licence as the business gears up to buy banking assets, which may be sold over the next year

• Discreet City buyers ready to pour big bonuses into housing market
  

  Published 24th Oct 2009

  City workers, their arsenals boosted by bonuses that seem certain to be bigger than expected this year, are priming their guns for a new property bidding war

• Land Registry to shed 1,500 jobs ahead of possible sale
  

  Published 22nd Oct 2009

  The Land Registry will announce plans today to cut 1,500 jobs and close a quarter of its national offices before a possible sale of the government department to the private sector, The Times has learnt

• Shareholders face wipeout after Regent Inns goes into pre-pack
  

  Published 21st Oct 2009

  Regent Inns, the operator of the Walkabout bar and Jongleurs comedy club chains, is to undergo a pre-pack administration that will wipe out ordinary shareholders and precipitate the closure of nine of its worst-performing sites, with the loss of 150 jobs