Latest Property News

• Rise in home loans boosts claims of end of recession for property market
  

  Published 27th Aug 2009

  The number of loans approved for house purchases rose to a 17-month high in July, prompting fresh claims that the property market is emerging from recession

• 'Office-in-a-box' at WH Smith gives entrepreneurs their own business space for just £10
  

  Published 26th Aug 2009

  Budding entrepreneurs used to turn to WH Smith for pens and pencils - now they can pick up a whole 'office-in-a-box'

• Unite seeks sites in London
  

  Published 26th Aug 2009

  Unite saw pre-tax losses widen to £29.4m ($48.1m) for the six months to June 30, compared with a £11.5m deficit a year earlier

• Mark up on fixed-rate mortgages hits new high
  

  Published 26th Aug 2009

  Britain’s banks and building societies are refusing to cut the cost of fixed-rate mortgages despite huge falls in the cost of funding such deals

• Punch cuts debts and heads for profit target
  

  Published 25th Aug 2009

  Punch Taverns, the debt-laden pubs group, said today that it was on course to make annual pre-tax profits of an estimated £160 million despite mixed summer weather making a dent on beer sales

• Persimmon exits trough with higher land values
  

  Published 25th Aug 2009

  Persimmon, one of Britain's largest housebuilders, has increased the value of its portfolio for the first time since the housing downturn hit Britain in the strongest sign yet that the market trough has passed

• Landlords to decide the fate of Focus as creditors thrash out deal for DIY chain
  

  Published 24th Aug 2009

  Focus DIY, the troubled homeware retailer, could be extended a lifeline that could save 5,000 jobs if agreement can be reached today with its creditors, most of whom are owed rent