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  • July 31, 2014
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  1. Property - International - BRITAIN

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

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

    ... Asking prices for London homes fell from a record this month in a sign that buyer concern about overpaying is prompting them to step back from the market, according to Rightmove. Values in London ... slipped 4.8 per cent. Home prices in Britain have surged in the past year amid near-record-low borrowing costs and a strengthening recovery in the economy. In London, values got an extra boost ...

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

    London prices fall as British property market cools

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

    ... softens Asking prices for London property have fallen for a second consecutive month as a rise in the number of homes for sale softened the market for sellers, Rightmove said. Prices sought ... The number of properties for sale in London is 15 per cent higher this year than a year ago, according to Rightmove. New sellers rose 28 per cent. The decline in the capital was led by three ...

    http://www.scmp.com/property/international/article/1557221/london-prices-fall-british-property-market-cools
  3. News - World - BRITAIN

    British Home Office to review probe of high-level child abuse allegations

    Posted Jul 07th 2014, 04:31am by Bloomberg

    ... Bloomberg in London Probe into old child-abuse cases reviewed The chief civil servant at Britain's Home Office has pledged to engage a senior lawyer to review the handling of allegations of child sex abuse against senior public figures three decades ago. Mark Sedwill, permanent secretary at the Home Office, said in a letter to Keith Vaz, chairman of Parliament's Home ...

    http://www.scmp.com/news/world/article/1548357/british-home-office-review-probe-high-level-child-abuse-allegations
  4. Property - International - BRITAIN

    Lenders reject builders as land values rise sharply in London

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

    ... per cent in the 12 months to March, according to data compiled by broker Savills, as government-backed loan programmes for new homes and rising sales fuelled demand for undeveloped sites. Land ... 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
  5. 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

    ... to include affordable homes to win planning permission- for the poorer residents to be forced to use alternative access, a phenomenon dubbed "poor doors". Even bicycle storage spaces, ... district, the Guardian discovered wealthy owners accessed their homes via a hotel-style lobby area, while social housing tenants entered through a side door in an alley alongside trade entrances. ...

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

    Londoners priced out of home market blast foreign buyers

    Posted Apr 09th 2014, 04:28am by Bloomberg

    ... Developers have refocused their sales efforts on local buyers in response to criticism of their efforts to market some homes exclusively abroad. They have stopped short of closing the door on foreign ... Bloomberg in London As wealthy foreign buyers snap up supply and some developers favour luxury sales, locals say they are being forgotten Londoners priced out of market Cheryl Coyne ...

    http://www.scmp.com/property/international/article/1469461/londoners-priced-out-home-market-blast-foreign-buyers
  7. Property - International - BRITAIN

    Britain must build one million homes to meet shortfall, says new report

    Posted Apr 16th 2014, 05:39am by Reuters

    ... Reuters in Ebbsfleet As prices surge, fuelled by a lack of properties for sale, a new report suggests Britain needs to build one million homes to meet huge demand 'Desperate housing ... crisis hit the construction industry. However, now, under a new government-backed plan, more than 20,000 new homes will be built in Ebbsfleet, which is only 17minutes from the centre ...

    http://www.scmp.com/property/international/article/1483020/britain-must-build-one-million-homes-meet-shortfall-says-new
  8. Property - International - BRITAIN

    London homes selling at fastest pace since 2007

    Posted May 01st 2013, 12:00am by BLOOM

    ... Still, the supply of housing for sale failed to keep pace, with agents reporting a 2.8 per cent increase in homes coming to the market. "In each of the last three months, the growth ... of homes sold valued at more than £1 million (HK$12 million) rose 2 per cent to 7,397 last year, the highest level in five years. Still, the Lloyds Banking Group unit said sales of homes worth ...

    http://www.scmp.com/property/international/article/1226908/london-homes-selling-fastest-pace-2007
  9. Property - International - BRITAIN

    Britain's Help to Buy homes plan a mixed blessing for Hong Kong

    Posted Mar 27th 2013, 12:00am by RUCHARD WARREN

    ... Property website Rightmove calculates that the mortgage guarantee will affect more than 90 per cent of the housing market, because most homes for sale are valued at under £600,000. Consultancy ... and mortgage guarantees for lenders. The plan is open to first-time buyers and home movers, but not Hong Kong investors or other second-home buyers, although they will be indirectly affected. Under ...

    http://www.scmp.com/property/international/article/1200391/britains-help-buy-homes-plan-mixed-blessing-hong-kong
  10. Property - International - BRITAIN

    Half of new homebuyers in London market are foreigners

    Posted May 15th 2013, 12:00am by BLOOM

    ... The Bloomberg UK Home Builders Index has gained 36 per cent this year as rising sales to foreigners boosts shares. Berkeley Group Holdings, Britain's third-largest homebuilder by market value, ... haven attracting rising investment and sustaining development. Foreigners spent more than £3 billion (HK$35.7 billion) on new homes in Britain's capital last year, a 25 per cent increase ...

    http://www.scmp.com/property/international/article/1237678/half-new-homebuyers-london-market-are-foreigners

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