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  • July 26, 2014
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  1. 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
  2. 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. ...

    http://www.scmp.com/property/international/article/1549717/lenders-reject-builders-land-values-rise-sharply-london
  3. 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
  4. 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
  5. 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
  6. Property - International - BRITAIN

    Bank of England opts for cautious approach on housing market

    Posted May 07th 2014, 05:01am by Reuters

    ... Reuters in London Housing price surge causes concern but the central bank is expected to take gradual action to cool the market under new financial rules BOE opts for cautious approach The Bank of England's starkest warning so far about Britain's booming house prices is likely to be followed by cautious measures, possibly as soon as next month, as policymakers test out ...

    http://www.scmp.com/property/international/article/1505919/bank-england-opts-cautious-approach-housing-market
  7. News - World - BRITAIN

    German with £2 billion stake in London property has murky record

    Posted May 12th 2014, 09:19pm by GDN

    ... "The properties [in London] were financed by means of bank credits and capital resources. It is untrue that the purchases were carried out as a facade for investors from Eastern Europe." ...

    http://www.scmp.com/news/world/article/1510703/german-ps2-billion-stake-london-property-has-murky-record
  8. Property - International - BRITAIN

    Two-thirds of UK parents help children on to property ladder

    Posted May 07th 2014, 05:01am by Reuters

    ... underscoring concerns about the booming housing market. With house prices rising at about 10 per cent a year and lending criteria tightening since the 2008 financial crisis, banks are demanding buyers ... McKinlay, mortgages director at Halifax. House prices outside London have not recovered their pre-crisis levels, but the rapid rise is causing concern among some policymakers at the Bank of England, ...

    http://www.scmp.com/property/international/article/1505918/two-thirds-uk-parents-help-children-property-ladder
  9. News - World - BRITAIN

    London skyscraper The Gherkin goes into receivership

    Posted Apr 25th 2014, 08:57pm by GDN

    ... Deloitte, appointed to take control of the tower, said the Gherkin's co-owners- a Mayfair-based investment bank and a German property investor, IVG Immobilien- had run into problems related ... originally owned the building. It sold out to IVG and its investment bank partner, Evans Randall, in 2007 for £630 million. Deloitte said the tenants, who also included Sky News and the highest ...

    http://www.scmp.com/news/world/article/1496904/london-skyscraper-gherkin-goes-receivership
  10. News - World - BRITAIN

    St George’s Day a bore, but 450th birthday of Shakespeare a draw for Stratford-upon-Avon

    Posted Apr 23rd 2014, 10:30pm by GDN

    ... industry but was a washout. After two days of non-stop rain the Avon River burst its banks and swamped the theatre where the pageant was being held and it was abandoned. Birthday cake was being ...

    http://www.scmp.com/news/world/article/1495378/st-georges-day-bore-450th-birthday-shakespeare-draw-stratford-upon-avon

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