Live Industry News

Financial Times - Property

Fannie / Freddie 7 Sep 2010
Fannie / Freddie 7 Sep 2010

The GSEs are still in limbo two years after conservatorship

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The non-financial arm of Dubai Holding, a conglomerate owned by the emirate's ruler, will delay payment – for the second time – on a $555m loan until November 30

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Upmarket retailers are linked to more than £250m of the acquisition of properties around the prime West End spot as demand for luxury goods grows

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The yield differential between US commercial real estate and Treasuries is the widest since the financial crisis

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Cheap housing, like cheap oil, or cheap food, is good. Huge houses don't preserve fortunes, they consume them, writes John Dizard

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Infrastructure sales and investment are surprisingly buoyant in the post-financial crisis period

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Peter Rees has done much to help shape the modern financial capital, with a focus as much on the open spaces and sheltered walkways that keep the City humming

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The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record

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New buildings in the City of London aren't just about height – communal spaces for workers are just as important. Dan Thomas took a guided tour to find out

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The Crown Estate, which controls sovereign land and property in the UK, has drawn up a shortlist of potential investors in its £1.6bn Regent Street estate

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Group managed by property entrepreneur Nick Leslau hit by several non-performing investments made outside real estate in pubs, garden centres and in a seafood importer

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The Guernsey-based fund shifts from 'creation' to 'cancellation' pricing following 'persistent' redemptions, in a move that will raise questions over sentiment towards real estate assets

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The dwindling levels of potential first-time owners entering the market is a concern for estate agents and could hold up sales higher up the property ladder

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The property website said March was its busiest month as prospective house buyers surfed its website for deals, boosting first-half profits by 40%

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The serviced office provider said declines at its legacy UK business had plateaued even though squeezed margins in the business helped push the serviced office provider to a first-half loss

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BBC News - Your Money


Union leaders claim some workplace accidents go unreported with 1.2 million people suffering from work-related illnesses.

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UK tax authorities are bracing themselves for a deluge of complaints and enquiries after sending out fresh tax calculations.

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Tax letters 7 Sep 2010
Tax letters 7 Sep 2010

How to deal with a claim

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High street sales have picked up slightly driven by sales of computers and school uniforms ready for the new academic year.

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Your tax questions 7 Sep 2010
Your tax questions 7 Sep 2010

Put your queries about tax letters to the experts

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Seven out of 10 people believe retirement as we know it will not be possible in the future, a BBC Newsnight poll finds.

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Thousands of people will find out if they have been undercharged or are overpaid by the taxman. Up to six million people have been paying the wrong amount and the treasury says it cannot afford to write off the money.

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Q&A: Income tax 7 Sep 2010
Q&A: Income tax 7 Sep 2010

What should you do if the tax blunder affects you?

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Experts make their predictions on house prices

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Criminals have managed to clone prepayment meter keys in order to make money by offering discounted credit to customers.

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A scheme offering up to 400,000 new firms a chance to trim their tax bill has come into effect.

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Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.

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Pensioners hit by the Equitable Life scandal are making a final attempt to persuade the government to pay them full compensation.

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Pensioners hit by the Equitable Life scandal are to make a final bid to persuade the government to pay them full compensation.

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Pensioners hit by the Equitable Life scandal are to make a final bid to persuade the government to pay them full compensation.

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Many people are in favour of taking steps to reduce the government deficit but they are less clear on where spending should be cut, a poll commissioned by the BBC suggests.

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HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.

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Spending review 3 Sep 2010
Spending review 3 Sep 2010

What it is, how it works, the key arguments

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The cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers, figures show.

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Travel expert Simon Calder has more advice for people doing battle with airlines and agents.

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Smokers and people with weight problems are buying a tailored pension income in greater numbers, according to research.

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Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.

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All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.

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Stop or go? 2 Sep 2010
Stop or go? 2 Sep 2010

Is now a good time to buy a property?

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The drug company Alliance Boots is dissolving one of its two final-salary pension schemes to 'ensure long-term security'.

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House prices fell for the second month in a row in August, according to the Nationwide building society.

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Millions of graduates will now start paying interest on their student loans again as new interest rates come into effect.

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The former boss of the troubled investment company Keydata, Stewart Ford, has offered to organise a loan of £13m to stop its investments collapsing

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Many homeowners are facing an unexpected outstanding mortgage balance owing to mistakes over monthly payments.

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The National Housing Federation warns that homeowners in England who bought at the peak may face four more years of negative equity.

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Penny picture 31 Aug 2010
Penny picture 31 Aug 2010

Art makes money but when does money make art?

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The mortgage market continued its summer slide with a fall in the number of new home loans approved by High Street banks.

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Looking for a job 23 Aug 2010
Looking for a job 23 Aug 2010

What are the key factors affecting people in financial difficulty and where can they go for help?

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The Policy Exchange think tank says interest rates may soar to 8% within the next two years to combat rampant inflation.

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Almost a third of adults in the UK have raided their savings over the past year to cover income shortfalls, according to new research

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Women managers across the UK face a wait of more than 50 years for their salaries to equal their male colleagues, a study says.

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A group of former miners who suffered industrial injuries claim they received inadequate compensation from a government scheme.

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The UK government is planning to scrap the default retirement age of 65, but what does this mean for you?

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The coalition is accelerating the move to raise the state pension age to 66 - what will the change mean?

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Pension expert Malcolm McLean of the Pensions Advisory Service answers your questions following a report on the threat to final salary pensions.

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FT.com - Mortgages


The British Property Federation (BPF), which represents property investors, warned on Tuesday that the government's proposed cuts to housing benefits are a "recipe for destitution" that would hamper economic recovery across the country

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Halifax is offering borrowers a reduction of 0.30 per cent off their mortgage rate until the end of 2011 if they apply for a mortgage from the lender this month

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High loan-to-value mortgages could be even scarcer in the future if the Bank of England introduces a cap on mortgage lending as part of a range of new measures to stop risky lending

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Ofgem has told consumers to get in touch if they have concerns about the sales practices of energy suppliers

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Owners of detached houses have seen the value of their properties rise by more than any other type of home over the past year – and analysts warn that the performance of different property types is likely to continue to diverge

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First-time buyers are being warned that unregulated schemes that offer the chance to rent a property with an option to buy it are a 'disaster waiting to happen'

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Traditional estate landowners were given good news last week after a tax tribunal in Scotland rejected an appeal from HM Revenue & Customs (HMRC) that could have landed many rural estates with huge inheritance tax (IHT) bills

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The average price of prime property in the UK fell by 0.3 per cent in August, further evidence that the strong recovery in the prime property markets has stalled

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UK house prices rose modestly in July although the rate at which the housing market is recovering is slowing, official data show

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Major high street lenders are starting to turn away borrowers who want to purchase or remortgage a residential property that is situated close to commercial premises such as a restaurant or a shop

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Leeds Building Society has today launched the cheapest five-year fixed-rate mortgage currently in the market at 3.94 per cent

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Increased tenant demand and a shortage of rental properties has helped push rents higher, providing a boost to buy-to-let investors

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Barclays has become the latest lender to offer discounts on its mortgage products for its current account customers

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Northern Rock has been forced to postpone the launch of its reduced price £99 application fee - which was due to come into effect yesterday - due to an "internal system error"

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Bradford & Bingley is alleging that anti-fraud guidelines were ignored by firms that advised on 'same-day remortgaging'

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