Latest Property News

• Bonus scheme to spur new home building
  

  Published 12th Nov 2010

  The government will give cash rewards to local authorities that allow new homes to be built in their areas, the housing minister announced on Friday, in a move welcomed by building firms

• British Gas customers hit with 7 percent price rises
  

  Published 12th Nov 2010

  British Gas is to raise its domestic gas and electricity prices by an average of 7 percent from December 10, Britain's biggest energy supplier said on Friday

• British Land, Blackstone up stakes in London offices
  

  Published 12th Nov 2010

  British Land , one of London's biggest landlords, has upped its bet on the prospects of the Square Mile after unveiling a 35 million pounds ($57 million) redevelopment of offices occupied by the Royal Bank of Scotland (RBS.L)

• Yorkshire and Clydesdale mortgage errors could be written off
  

  Published 11th Nov 2010

  Mortgage borrowers who have been told by their lenders that they owe thousands of pounds because they have underpaid their mortgages for several years may be entitled to have the outstanding amount written off

• CML says home repossessions at 2-1/2 year low
  

  Published 11th Nov 2010

  The number of homes repossessed by lenders in Britain fell to 8,900 between July and September from 9,400 in the second quarter of this year, the lowest in 2-1/2 years, the Council of Mortgage Lenders said on Thursday

• Home repossession orders down 28 percent y/y in Q3
  

  Published 11th Nov 2010

  Courts in England and Wales issued 28 percent fewer mortgage repossession orders between July and September this year than a year ago, the Ministry of Justice said on Thursday

• Balfour Beatty resilient in sector downturn
  

  Published 11th Nov 2010

  Balfour Beatty Plc (BALF.L), Britain's market leader in big-ticket construction projects, increased its order book in the third quarter, underscoring its resilience in a tough environment for the building sector