Persimmon hikes profits as housing market heats up: Persimmon has hiked first-half profits by nearly one-third to £273 million as it became the latest housebuilder to underline the buoyant conditions in the U.K. housing market.
Homes up £12,000 in a year as lack of property for sale pushes up prices - and agent forecasts an 18% rise by 2019: House prices rose by £1,000 a month over the past year with the East of England recording the biggest gains, according to new official figures
Millionaires’ row playing its part in house price rise: Average house prices rose £4,300 in Scotland in June as sales of million-pound properties increased after a slump that followed the introduction of a new tax.
UK input producer price index dropped less than expected in July
The non-seasonally adjusted input producer price index in the UK slid 0.90% on a MoM basis in July, less than market expectations for a drop of 1.90%. Input producer price index had fallen by a revised 1.80% in the previous month.
UK retail price index ex-mort int. payments advanced more than expected in July
On a YoY basis, the retail price index ex-mort int. payments in the UK registered a rise of 1.10% in July, higher than market expectations for an advance of 1.00%. In the previous month, the retail price index ex-mort int. payments had registered a similar rise.
Approvals of mortgages slip back in July: The number of mortgage approvals fell back in July against a backdrop of fears over a rise in the Bank of England’s interest rates, according to the latest Mortgage Monitor from e.surv, the U.K.’s largest chartered surveyor
August house prices are the strongest since before financial crisis because of shortage of homes put up for sale: August house prices have been the strongest since before the financial crisis because of a shortage of homes put up for sale, research shows. Online estate agent Rightmove shows the price of property coming to market was down by just 0.8% - or £2,258 - in August compared to a post-credit-crunch average fall in the month of August of 1.5%.
U.K. government to sell stake in King's Cross redevelopment: The U.K. government has fired the starting gun on the sale of the taxpayer’s stake in London’s King’s Cross development, as the sell-off of state assets gathers pace
Government target of 200,000 new homes a year will be difficult to achieve, says housebuilder: The Government has been "very supportive” of housebuilders, but it will be difficult for the industry to reach the target of 200,000 homes a year, the Chief Executive of one of Britain’s biggest housebuilders has said
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