House prices driving ahead but government scheme at a standstill: The housing market is driving forward, with monthly home loan approvals up 6.5% in June in the wake of the general election, the Bank of England said this week.
New home registrations up 12% in three months to reach highest level since 2007 - and the North West sees the biggest surge: The number of new homes registered to be built has reached its highest level for eight years according to the latest set of comprehensive data from an industry body
Council warns against attempt to build flats on FT’s riverside site: A London council has warned Pearson and Nikkei, the new Japanese Owner of the Financial Times, that the newspaper’s landmark building on the Thames must not be redeveloped for luxury flats
Shares tumble for estate agent Countrywide after it blames General Election for ‘depressing’ U.K. housing market: Shares in estate agent Countrywide tumbled after it said the General Election ‘depressed’ the housing market across Britain.
Lone Star buys Wembley Arena Owner Quintain for £700 million: Quintain Estates and Development, the developer behind Wembley Arena, has been bought by U.S. private equity group Lone Star for £700 million
UK number of mortgage approvals for house purchases recorded a rise in June
The Bank of England has reported that number of mortgage approvals for house purchases in the UK recorded a rise to 66.60 K in June, higher than market expectations of an advance to 66.00 K. Number of mortgage approvals for house purchases had recorded a revised level of 64.80 K in the previous month.
House prices in England and Wales hit record high: House prices in England and Wales have climbed to a new record high after overtaking the previous peak reached at the height of the property boom, according to official data.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.