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  • August 21, 2014
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  1. Property - International - BRITAIN

    London homes face biggest price drop in 6 years

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... usually weakens during the summer, Rightmove said the slump this year was steeper than it expected. Tougher new mortgage rules introduced by Bank of England governor Mark Carney, as well as anticipation of higher interest rates, are putting pressure on the market after a surge in values raised concerns that a bubble may develop. "Buyers and sellers are becoming increasingly aware ...

    http://www.scmp.com/property/international/article/1577026/london-homes-face-biggest-price-drop-6-years
  2. Property - International - BRITAIN

    Property developers in Britain accused of segregating communities with 'poor door' entrances for less well-off tenants

    Posted Jul 27th 2014, 06:27am by GDN

    ... The Guardian in London 'Poor doors' segregating communities Multimillion-pound housing developments in London are segregating less well-off tenants from wealthy homebuyers ... rubbish disposal facilities and postal deliveries are being separated. The Green Party accused developers of showing "contempt for ordinary people" by enforcing such two-tier policies. ...

    http://www.scmp.com/property/international/article/1559996/property-developers-britain-accused-segregating-communities
  3. Property - International - BRITAIN

    Growth in London house prices forecast to slow to 3pc

    Posted Aug 13th 2014, 05:05am by Bloomberg

    ... the surge in British house prices in the past year, the Royal Institution of Chartered Surveyors said last month. Surging values in the capital prompted the Bank of England to limit riskier mortgages and introduce tougher affordability tests. The number of people saying the next 12 months was a good time to buy a British home fell to the lowest since 2011, a survey by Lloyds Banking ...

    http://www.scmp.com/property/international/article/1572222/growth-london-house-prices-forecast-slow-3pc
  4. Property - International - BRITAIN

    London prices fall as British property market cools

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... decline since December last year. The report adds to signs the property market is losing steam, after the Bank of England said it posed the greatest risk to the economic recovery. Financial ... in both the economy and employment, plus a comparative thaw in mortgage availability." There seem to be more downside than upside risks to London housing George Buckley, Deutsche Bank ...

    http://www.scmp.com/property/international/article/1557221/london-prices-fall-british-property-market-cools
  5. Property - International - BRITAIN

    Lenders reject builders as land values rise sharply in London

    Posted Jul 09th 2014, 05:02am by Bloomberg

    ... construction costs as employment in the industry rises at a record pace. Lloyds Banking Group said in March it planned to avoid funding the development of luxury-home projects. ... Bloomberg in London Developers also face squeeze from slowing home price gains and soaring construction costs Lenders reject builders as land values rise sharply Surging land prices ...

    http://www.scmp.com/property/international/article/1549717/lenders-reject-builders-land-values-rise-sharply-london
  6. News - World - BRITAIN

    William Hague steps aside as David Cameron reshuffles team ahead of 2015 poll

    Posted Jul 15th 2014, 11:12pm by Reuters

    ... surprise development, William Hague, Britain's most senior diplomat for the past four years, voluntarily stood down, allowing Cameron to appoint Philip Hammond, the defence minister ...

    http://www.scmp.com/news/world/article/1554997/william-hague-steps-aside-david-cameron-reshuffles-team-ahead-2015-poll
  7. Property - International - BRITAIN

    UK commercial property lending rises as banks cut bad debt

    Posted May 28th 2014, 05:08am by BLOOM

    ... Bloomberg in London Loans for commercial properties up 17 per cent as banks clear up soured portfolios Lending up in UK as banks cut debt Lending for commercial property in Britain climbed 17 per cent last year as banks resolved troubled debt and the economy improved, a survey by De Montfort University showed. New loans increased to £29.9 billion (HK$390 billion) from £25.5 ...

    http://www.scmp.com/property/international/article/1520027/uk-commercial-property-lending-rises-banks-cut-bad-debt
  8. Property - International - BRITAIN

    Home prices in London run out of steam as common sense takes hold

    Posted Jun 18th 2014, 03:29am by Bloomberg

    ... too far." The slowdown came as Bank of England governor Mark Carney was due to lead a discussion among financial stability officials yesterday on whether action was needed to prevent ... prompted warnings from both the Bank of England and international groups such as the European Commission. Carney said last week that housing debt was a concern and the government planned to give ...

    http://www.scmp.com/property/international/article/1534827/home-prices-london-run-out-steam-common-sense-takes-hold
  9. Property - International - BRITAIN

    London's Soho is gentrified as seediness is swept away

    Posted Jun 25th 2014, 01:30am by Bloomberg

    ... used to be. An association known as the Soho Society objected to the damage that development would do to the neighbourhood's "unique character." "The public backlash ... for gay nightlife, started out very differently. It was made a royal park in 1536 by King Henry VIII and its name derives from a hunting cry. Developed as homes for the aristocracy in the 17th ...

    http://www.scmp.com/property/international/article/1539692/londons-soho-gentrified-seediness-swept-away
  10. Business - Economy - BRITAIN

    Policymaking committee shake-up may help Carney beat rates pressure

    Posted Jun 05th 2014, 05:34am by Reuters

    ... Reuters in London Host of new faces on rate-setting panel fit well with Bank of England governor's broader focus on the influence of finance on the economy Committee shake-up may aid Carney vision A shake-up of Britain's top monetary policymakers, which started this week, caps a year of change at the Bank of England under governor Mark Carney and might help him withstand ...

    http://www.scmp.com/business/economy/article/1525518/policymaking-committee-shake-may-help-carney-beat-rates-pressure

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