Latest Property News

• Bovis Homes sees significant growth in 2012
  

  Published 16th Jan 2012

  British housebuilder Bovis Homes (BVS.L) said it expected to achieve a significant increase in profit in 2012, benefiting from forward bookings rising by more than a third, following strong earnings growth in 2011

• Mortgage costs fall to all-time low as average monthly repayment drops to £494 a month
  

  Published 13th Jan 2012

  Homeowners are benefiting from the cheapest ever mortgage deals with the average monthly repayment now just £494 a month

• Britain to face housing shortage of one million homes by 2015, says Barratt
  

  Published 13th Jan 2012

  Barratt Developments yesterday said Britain faces a housing shortage of one million homes by 2015 as construction fails to keep pace with the growing population

• HSBC introduces 'approved solicitors panel' for conveyancing
  

  Published 12th Jan 2012

  Homebuyers who take a mortgage from HSBC will be forced to use one of a panel of 43 firms chosen by the bank to do their legal work, or face paying more for their conveyancing, after a change in the lender's rules

• Barratt unveils jump in H1 profit
  

  Published 12th Jan 2012

  British housebuilder Barratt Developments Plc unveiled a surge in first-half operating profit and a rise in sales, continuing its steady recovery despite little help from the state of the housing market overall

• Little Chef closes 67 sites, 600 jobs may go
  

  Published 11th Jan 2012

  Roadside restaurateur Little Chef is to close 67 outlets where trade has been hit by tough economic conditions and demographic changes, with the loss of up to 600 jobs

• Council house sub-letters face up to two years in prison under new law to crack down on those who abuse social housing
  

  Published 11th Jan 2012

  Sub-letting council houses will be made a criminal offence with offenders facing up to two years in prison, it was reported today