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Property
Bellway customers begin to return with confidence
Bellway is confident of building more homes than expected in the coming year, thanks to the improvement in the housing markets over the summer.
The housebuilder said that in the last few months, more people had put down deposits on its…
Prime office blocks are up for sale, and it’s crunch time for offices.
In the coming months, the appetite of investors for London office space will be more apparent. A number of large blocks in the capital have recently been listed for sale. Over the last couple of years, deals have been scarce as rising…
UK house prices increase for the third consecutive month
After rising for the third consecutive month in September, house prices are now within a whisker's distance of their records highs.
Halifax, one the largest mortgage lenders in the country, has released the latest figures showing that…
Rightmove rejects sweetened offer and walks away
Rightmove’s Australian suitor has abandoned takeover discussions after its sweetened £6.2billion offer was rejected. REA Group confirmed Monday afternoon that it had withdrawn its interest in purchasing the property search site, just hours…
Rightmove rejects a £6bn Takeover Offer
Rightmove's directors have rejected a better takeover bid from an Australian competitor, who valued the online property portal in £6 billion. The FTSE100 company stated that the offer by REA Group valued its shares at $759 per share and…
Rupert Murdoch’s REA raises Rightmove bid to £6.1bn
The REA Group, owned by billionaire Rupert Murdoch, has added an additional £200m in a sweetened bid for Rightmove. This value the UK's largest online property portal to more than £6bn. In a public statement sent to the stock exchanges of…
Rightmove considers sweetened Rea Group Offer
Rightmove has received a third takeover bid of £6.1 billion from a Melbourne property company, after having rejected two previous offers.
Rea Group’s latest indicative offer - 341p cash and 0.0422 Rea shares - values the UK's property…
Families rush to give gifts before the budget
Parents and grandparents rush to transfer property, cash and investment before the budget in October. Lawyers report a rise in large gifts made by families who are convinced that the government is going to target capital gains (CGT) or…
Nearly 100,000 Lifetime ISA savers are hit with high withdrawal fees
In 2023-24, the total withdrawal charges for Lifetime Isa will be worth £75.2 million -- a nearly 40% increase from last year's total of £54.3 million . Finance experts say that the figures released by HM Revenue & Customs highlight…
Enjoy the journey as you renovate your home.
Renovation projects can be stressful. You can watch any popular TV show featuring people with great ideas, and see the sanity of the characters disintegrating.
These tips will help you manage your project successfully and also enjoy it.…
Rightmove rejects Murdoch’s REA’s offer of £5.6bn
Rightmove, Britain’s largest property listing company, rejected an initial cash-and-shares bid from Australia's REA Group, which valued the UK business around £5.6bn.
REA, controlled by Rupert Murdoch’s News Corp., stated that its…
Vistry Profits Rise as Affordable Homes Strategy Pays Off
The UK's largest housebuilder, Vistry, has reported a significant increase in half-year profits, bucking the trend in a challenging market. The company's decision to focus on affordable homes appears to be yielding positive results, with…
Segro Agrees 552 Million Pound Takeover of Tritax EuroBox in All Share Deal
In a significant development that has impacted the property sector, FTSE 100 company Segro has announced a £552 million all-share takeover of its smaller rival, Tritax EuroBox. This unexpected move could provoke a response from Brookfield,…
Rightmove Faces Potential Takeover Bid from Australian Property Giant Rea Group
In a surprising turn of events, British property search powerhouse Rightmove is facing a potential takeover bid from Australian rival Rea Group. The news sent shockwaves through the property and financial sectors, with Rightmove's shares…
One in Five Home Sellers Forced to Reduce Asking Price as UK Housing Market Rebounds
As the UK housing market continues its rebound, a recent analysis by Zoopla, a leading property website, has revealed that one in five home sellers are being forced to reduce their asking prices by 5% or more. Despite the market's recovery,…
UK Property Market Poised for Active Autumn as Home Listings Reach 7-Year Peak
The UK housing market is gearing up for a bustling autumn season, fueled by the Bank of England's recent interest rate cut, the first since the onset of the Covid-19 pandemic. According to an analysis published by property website Zoopla on…
UK Property Market Outpaces European Recovery Amid Promising Signs
The UK's commercial real estate market is demonstrating a quicker recovery than its European counterparts after a challenging two-year downturn caused by high interest rates. Recent market data indicates that, in the first half of 2024,…
Bill Ackman’s Pershing Square weighs a deal to take a property group private
Bill Ackman’s Pershing Square is considering a deal that would delist Howard Hughes Holdings for $3bn, according to regulatory filings. This would represent a significant increase in its investment into the group.
Pershing square holds a…