Latest Property News

• Persimmon sees FY profit at top end of views
  

  Published 10th Jan 2011

  Housebuilder Persimmon said underlying pretax profit for 2010 will be at the top end of market views, despite bad weather knocking sales before Christmas

• Number of new homes approved falls, says HBF
  

  Published 07th Jan 2011

  Planning permissions for new homes in the UK took a dive during the past year, new figures have suggested

• Lenders see credit conditions steady in Q1 - Bank
  

  Published 06th Jan 2011

  Lenders expect credit conditions to remain broadly steady in the first quarter of 2011 but are bracing for a further drop in mortgage demand and slightly higher losses from mortgage defaults, a survey by the Bank of England showed on Thursday

• Costain makes new $233 million bid approach to Mouchel
  

  Published 06th Jan 2011

  Construction firm Costain on Thursday made an increased all-share offer approach to struggling business services group Mouchel, valuing the business at about 150 million pounds

• British Land buys Plymouth mall for $372 million
  

  Published 06th Jan 2011

  British Land, the UK's second-biggest landlord by market value, said on Thursday it has bought a mall in Plymouth for 240 million pounds to add to its growing retail portfolio

• The housing market is stuck: David Cameron criticises 'excessive' home loan restrictions
  

  Published 06th Jan 2011

  The prime minister has said banks and building societies are to blame for becoming too stringent in their lending regulations

• Lambert Smith Hampton improved its operating performance in its last financial year.
  

  Published 05th Jan 2011

  The firm’s results for the year to 31 March, which were lodged at Companies House last week, reveal that it achieved an underlying operating profit of £4.9m, compared to £4.4m the year before