Register
Login:
Share:
Email Facebook Twitter




Berkeley Group Share Chat (BKG)

BKG Share Chat - RSS Feed

Share Price: 3,132.00Bid: 3,130.00Ask: 3,133.00Change: 116.00 (+3.85%)Riser - Berkeley Gp.hld
Spread: 3.00Spread as %: 0.10%Open: 3,140.00High: 3,193.00Low: 3,113.00Yesterday’s Close: 3,016.00


Share Discussion for Berkeley Group


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,308.00
Times
2 Oct '15
Green belt shrinking as 5,000 acres lost to housing: Green belt land is being sacrificed to build housing at the fastest rate for two decades despite repeated government promises to protect it.
 
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,396.00
95% LTV Lending Market
1 Oct '15
Help to Buy continues to fuel 95% market

The 95% LTV mortgage market has changed dramatically since the Help to Buy Mortgage Guarantee scheme was introduced two years ago, with product numbers rising and rates falling significantly since its October 2013 launch. Our figures show that the number of 95% products available has risen by almost 600% in the last two years - up from 42 in October 2013 to 241 today - and at the same time, the average two-year 95% LTV mortgage rate has fallen by 0.65% (down from 5.05% to 4.40%). The average five-year rate has also fallen, albeit not quite to the same extent, down from 5.20% to 4.89% over the same two-year period. Charlotte Nelson, finance expert at Moneyfacts, said that Help to Buy acted as a "crucial catalyst" for this sector of the market, by "promoting the acceptability of lending at this level again". She added that the scheme, which was initially designed to boost lending at 95% LTV, has been an undoubted success, with official Treasury figures showing that the number of homes sold as a result of the scheme has hit 56,401. However, despite the scheme fuelling the high level of competition in the sector - both from participating lenders and those outside of the scheme - there are concerns that this may not be the case for much longer. "The scheme is due to end next year, and only time will tell whether its removal will extinguish the competitive flame in the 95% mortgage market," concluded Charlotte, while the ongoing speculation over a rise to base rate has the potential to raise mortgage rates in the sector even sooner.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,340.00
Times
1 Oct '15
London house price leap set to lift regional gloom: Property prices are set to increase this autumn after a surge in London was forecast to ripple out across the country on the back of a worsening imbalance between supply and demand.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,340.00
UK Economy
1 Oct '15
UK GDP rose less than expected in 2Q 2015

The final gross domestic product (GDP) in the UK advanced 2.40% on an annual basis in 2Q 2015, lower than market expectations for an advance of 2.60%. The preliminary figures had recorded an advance of 2.60%. GDP had registered a rise of 2.90% in the prior quarter
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,340.00
UK House Prices
1 Oct '15
UK house prices rose more than expected in September

On a monthly basis, the seasonally adjusted house prices in the UK climbed 0.50% in September, compared to a revised advance of 0.40% in the prior month. Market anticipation was for house prices to climb 0.40%.

UK house prices advanced as expected in September

The non-seasonally adjusted house prices in the UK recorded a rise of 3.80% in September on an annual basis, meeting market expectations. House prices had advanced 3.20% in the previous month.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,335.00
Daily Telegraph
30 Sep '15
Buy a house for just £56 per week say MJ Gleeson: MJ Gleeson, the Northern-based builder of affordable homes, has reported a 42% jump in profits. Jolyon Harrison, its Chief Executive, said the mission for the company was simple: “To build low-cost homes for people on low salaries in socially deprived areas that we believe will benefit from regeneration.” The company increased the number of homes it built during the year by 190 to 751, and the average price across all its homes was £123,750, just 2% up from £121,500 last year. For comparison, Barratt, one of the U.K.’s largest housebuilders, has an average selling price of £235,000. Gleeson reported revenue up 44% to £118 million and pretax profit up 42% at £17.3 million for the year ended June. The majority of the performance came from the Gleeson housing division, which reported operating profit up from £9.4 million to £17.4 million. This was largely due to selling those 190 more homes. The company suffered in 2008 when its southern-focused housebuilding was hit, sending shares down from about 400p, to 52p. Gleeson has now completed its recovery, and it moved to the main market at the end of last year, where its shares have gained more than 30% so far this year. Given the lack of affordable housing, the shares look good over the long term, and we retain our “hold” recommendation. MJ Gleeson at 466p-0.625p. Questor says “Hold”.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,335.00
Times
30 Sep '15
Loan surge raises housing bubble fear: Mortgage lending rose last month by the greatest amount since the 2008 financial crisis, fuelling concerns that the housing market is heating up fast
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,335.00
Mortgage approvals & net lendin..
30 Sep '15
UK number of mortgage approvals for house purchases rose in August

Number of mortgage approvals for house purchases in the UK rose to a level of 71.00 K in August, higher than market expectations of a rise to 69.80 K. Number of mortgage approvals for house purchases had recorded a revised reading of 69.00 K in the previous month.

UK net lending secured on dwellings rose more than expected in August

Net lending secured on dwellings recorded a rise of £3.40 billion in the UK in August, compared to a revised advance of £2.80 billion in the prior month. Market anticipation was for net lending secured on dwellings to climb £2.90 billion.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,460.00
Evening Standard
29 Sep '15
Sales of £1 million homes slump after stamp duty increase: The high-end property market is declining sharply as higher stamp duty rates deter wealthy buyers.
MY21
Posts: 11,614
Off Topic
Opinion:No Opinion
Price:3,460.00
Times
29 Sep '15
Buy-to-let market booming despite tax clampdown: Buy-to-let borrowing has surged since the budget as George Osborne’s tax crackdown on landlords has failed to cool demand




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






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.