Register
Login:
Share:
Email Facebook Twitter

Please take part in our survey It takes 2 minutes and you could win an Apple iPad Air 2 (Terms and conditions apply). Dismiss Message
BKG Share Chat - RSS Feed

Berkeley Group Share Chat (BKG)



Share Price: 2,374.00Bid: 2,373.00Ask: 2,374.00Change: -21.00 (-0.88%)Faller - Berkeley Gp.hld
Spread: 1.00Spread as %: 0.04%Open: 2,403.00High: 2,413.00Low: 2,368.00Yesterday’s Close: 2,395.00


Share Discussion for Berkeley Gp.hld (BKG)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,468.00
Impact of Autumn Statement
4 Dec '14
..

::

London close: Upmarket housebuilders hit as investors digest Autumn Statement

Wed, 3rd Dec 2014 16:29

Upmarket housing stocks took a hit but airlines were flying higher as investors reacted to the UK's Autumn Statement on Wednesday.

Shares in Berkeley Group Holdings were 76p off at 2468p and estate agency Foxtons subsided 2.6p to 152.8p as Chancellor George Osborne introduced a new stamp duty regime set to benefit anyone buying a home worth less than £937,000.

But house-builders that build mid-market and cheaper homes were on the up, with Persimmon rising 15p to 1540p, Barratt Developments gaining 7.9p to 458.9p, Bovis Homes advancing 14.5p to 872p and Taylor Wimpey increasing 2.2p to 132.5p.
 
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,468.00
New Housebuilders join FTSE100
4 Dec '14
LONDON (Alliance News) - FTSE has confirmed that the following changes will take effect to its UK indices from the market open on Monday, December 22, following completion of its quarterly review.

-------

FTSE 100 Adds:

Barratt Developments

Taylor Wimpey

-------
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,544.00
City AM
3 Dec '14
Britons spend less on leisure as rents climb: British households are spending less on eating out, hotels, alcohol and smoking, according to the annual official survey of family budgets released by the Office for National Statistics (ONS).
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,544.00
UK Construction
3 Dec '14
UK construction PMI fell in November

The construction PMI registered a drop to 59.40 in November, in the UK, higher than market expectations of a fall to a level of 61.00. The construction PMI had registered a reading of 61.40 in the prior month
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,538.00
City AM
2 Dec '14
London estates to get overhaul in £150 million pledge: A shortlist of London housing estates in the running for regeneration is to be announced by Ministers, as part of a £150 million scheme. The estates will be named ahead of the Autumn Statement as part of a pledge first announced in the Budget earlier this year.
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,533.00
Mortgage Market
2 Dec '14
Mortgage data point to U.K. housing slowdown: U.K. mortgage approvals have fallen to their lowest level since June last year in a further sign that momentum in the housing market is slowing.
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,532.00
Office to residential conversion
1 Dec '14
Government plans to convert unused office space into affordable housing have backfired, according to a new broker report.

Instant global office broker Daniel Szweda has spoken out about the UK government's temporary initiative that launched early 2013 permitting developers in the UK to convert offices into homes without needing to obtain full planning permission.

"When the planning minister approved the changes, he claimed the move would create 130,000 badly needed new homes by using up 5% of vacant office space," Szweda said.

"What Instant has seen however, particularly in London and the South East, is that many of the offices were in fact not vacant at the time of conversion. This policy has therefore created a sharp increase in demand which, coupled with the decrease in availability, has resulted in driving up the price for leased space."

But he went on to argue that the serviced office market has not yet been affected by the artificial price increase because operators are focused entirely on servicing SMEs.

He added: "If businesses are affected I would definitely recommend evaluating the serviced office option further for its unique blend of availability and flexibility at the right price."

The government has so far announced no plans to continue allowing offices to be converted into flats without planning permission after 2016, when the rule expires.
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,567.00
House Prices
1 Dec '14
UK house prices rose as expected in November

In November, the seasonally adjusted house prices climbed 0.30% in the UK, on a monthly basis, meeting market expectations. House prices had recorded a rise of 0.50% in the previous month.
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,584.00
House Price Inflation
28 Nov '14
SLOWEST HOUSE PRICE GROWTH FOR A YEAR

House prices rose 8.5pc in the year to November, according to the latest data from Nationwide. This is the smallest annual gain since December last year.
MY21
Posts: 5,513
Off Topic
Opinion:No Opinion
Price:2,492.00
Bahing the banks
26 Nov '14
Bashing the banks:

The share prices of the U.K.’s big five banks are down an average of 5% over the past year. Britain’s biggest building society, Nationwide, by definition has no share price. But if it did, it would probably be soaring. One reason is simple enough – Nationwide’s business is doing rather well. It is benefiting from banks’ ongoing weakness, as they struggle to repair damaged balance sheets, firefight smouldering scandals and sweat to convince customers they can be trusted again. It even seems to be off the hook with regulators, who in the middle of last year slapped it with aggressive new capital requirements but are now setting leverage demands lower than expected. Clearly there are risks. The overheated southeast of England property market could suffer a tumble in prices, especially once interest rates start to rise. The issue could be exacerbated in interest-only mortgages ahead of a glut of maturities in the next five to 10 years. But Nationwide may be better insulated than most. Only 30% of its mortgages are interest-only, compared with the typical market-wide ratio of 40-50%. It also has the benefit of not being egged on by shareholders to ramp up risk and returns. It can retreat from a market if it feels in danger of getting carried away.





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


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.