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Sixty Icon London rents more than twice national average
The average London rent is now 102 per cent more than the national average, according to analysis released today.
Inside Housing - Posted 26/02/2014

Sixty Icon Housebuilder's profits and mortgage approvals soar on back of Help to Buy
Persimmon reports surge in pre-tax profits by 49% to £330m in year to end of December and mortgage approvals rise 57%.
The Guardian - Posted 26/02/2014

Mortgage approvals skyrocket to 76-month high
Mortgage approvals have skyrocketed by 57 per cent year-on-year to a 76-month high in January, according to the British Bankers Association (BBA).
City A.M. - Posted 25/02/2014

Mortgage approvals at highest level since 2007
New figures from the British Bankers' Association show that the total number of mortgage approvals rose to more than 82,000 in January, with approvals for purchases as opposed to for remortgaging or other secured lending at 49,972.
The Independent - Posted 25/02/2014

Persimmon profits jump on strong housing demand
Persimmon's profits jumped 49% in 2013 and the housebuilder said the strong recovery in housing demand would help it accelerate plans to return cash to shareholders.
The Independent - Posted 25/02/2014

UK house sales set to keep on rising, banks say
The UK's property market is likely to keep on growing strongly, mortgage lending figures suggest.
BBC - Posted 25/02/2014

Sixty Icon Why the housing crisis is clobbering London businesses - Sadiq Khan
The housing crisis is the biggest challenge facing London.
City A.M. - Posted 25/02/2014

£billions paid to MPs, peers and royalty in housing benefit
A new study has revealed that MPs and members of the Royal Family are paid billions of pounds in housing benefit.
24 Housing - Posted 25/02/2014

Persimmon ramps up house building rates
Persimmon is stepping up its house building programme with plans to open 90 new sites in the first half of the year.
Construction Enquirer - Posted 25/02/2014

Persimmon brings forward shareholder payout as profit jumps
British housebuilder Persimmon said it would bring forward a 1.9 billion pound ($3.16 billion) planned payout to shareholders after a strong rebound in housing demand helped it achieve a 49 percent jump in full-year pretax profit.
Reuters - Posted 25/02/2014

House builder bolsters profit by 49%
A major house builder has hailed a ‘strong year’ after increasing its pre-tax profit by 49 per cent and acquiring 17,735 plots of land.
Inside Housing - Posted 25/02/2014

Sixty Icon Soaring number of low deposit mortgage deals
New figures released this morning suggest that the number of products for the highest loan-to-value (LTV) mortgages has tripled since the surprise launch of the second phase of Help to Buy in October.
City A.M. - Posted 25/02/2014

Bonus cap row as HSBC profit rise disappoints
HSBC’S shares tumbled yesterday as soaring profits fell short of investors’ high expectations.
City A.M. - Posted 25/02/2014

Sixty Icon Winning hearts and minds: how Build-to-Rent will be key to UK housing recovery
The property industry will today hear how the private rented sector will be crucial in the UK’s recovery from the current housing crisis, and how momentum might be best sustained now that this fledgling industry is gaining some traction, at the British Property Federation’s annual Residential Conference, hosted by Deloitte Real Estate.
British Property Federation - Posted 25/02/2014

Pension bosses must disclose costs
Ministers to announce that fund managers of pensions scheme must in future disclose full details of all their costs.
The Telegraph (register) - Posted 25/02/2014

Hiscox: Flood plans are ‘unfair and unworkable'
Plans to overhaul the way insurance is provided for flood-prone homes are “unfair and unworkable”, the boss of Lloyd’s of London insurer Hiscox warned today.
London Evening Standard - Posted 25/02/2014

Bovis Homes raises dividend by 50% as profits soar and plans to build even more homes this year
Bovis Homes yesterday raised its dividend by 50 per cent as it outlined plans to increase the number of houses it builds in Britain.
Mail Online - Posted 25/02/2014

The over-50s enjoy record earnings while younger workers' wages fall
Workers in their 20s have seen real earnings drop a fifth since the 1990s, while baby boomers' incomes have grown by 25pc.
The Telegraph (register) - Posted 25/02/2014

The Queen and Prince Charles cash in on tens of thousands of pounds' worth of benefits every year
Councils are shelling out the cash to the Royal Family for the rent of hard-up tenants who rely on the payments just to keep a roof over their heads.
Mirror co uk - Posted 25/02/2014

Duchy of Cornwall and Crown Estate received over £200,000 in housing benefit payments last year
Prince Charles’ Duchy of Cornwall estate and the Crown Estate received a total of more than £200,000 in housing benefit payments for their tenants last year, according to a report.
The Independent - Posted 25/02/2014

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