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Financial Times - Property
US borrowers pay down mortgages 28 Jul 2010
US borrowers pay down mortgages 28 Jul 2010
More homeowners are paying down their principal balances when they refinance their mortgages, reversing a trend that became popular during the housing bubble, when rising prices allowed borrowers to "cash out" by taking on more debt, Freddie Mac, the government-sponsored mortgage finance company, said
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CBRE upbeat on global recovery 28 Jul 2010
CBRE upbeat on global recovery 28 Jul 2010
The world's largest real estate consultancy reports the strongest growth in revenue and earnings since 2007 as it benefits from the global recovery in commercial property activity
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Foreclosures jump among prime US borrowers 27 Jul 2010
Foreclosures jump among prime US borrowers 27 Jul 2010
Credit-worthy clients with straightforward mortgages have entered foreclosures at a record pace of 425% since January 2008, says a Lender Processing Services report
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The time has almost come for shareholders of F&C Commercial Property and UK Commercial Property to cast votes in what is shaping up to be a nail-biting conclusion to a seemingly simple proposal
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Housebuilders hit by US tax credit hangover 25 Jul 2010
Housebuilders hit by US tax credit hangover 25 Jul 2010
The last day of April and the end of the first-time buyer tax holiday was expected to be a dark day for US housebuilders. Yet few anticipated how sharply activity levels would fall once government support was removed
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Chinese property insider denies bubble 25 Jul 2010
Chinese property insider denies bubble 25 Jul 2010
Wilfred Wong, a deputy of the National Congress of the People's Republic of China and executive chairman China of Pacific Star Group, a property investment firm, on China's property market
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Chelsea Barracks developer apologises to Prince 23 Jul 2010
Chelsea Barracks developer apologises to Prince 23 Jul 2010
Christrian Candy has settled a legal dispute with a property company backed by Qatar over the proposed £3bn residential project on a prime site in London
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Candy makes cash offer for miner 23 Jul 2010
Candy makes cash offer for miner 23 Jul 2010
Christian Candy, one of London's best known property developers, launches a £35.8m bid to take control of Metals Exploration, a small gold mining company
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Targetfollow seeks MPs' help 22 Jul 2010
Targetfollow seeks MPs' help 22 Jul 2010
The owner of a large property portfolio that includes the Centre Point tower in London has enlisted the help of his local MPs to stave off administration
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KiFin seeks Minerva meeting 22 Jul 2010
KiFin seeks Minerva meeting 22 Jul 2010
The investment company of billionaire Nathan Kirsh has called for a meeting of shareholders in the developer, to vote on proposals to overhaul the board
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Development Securities plans to raise £94m 22 Jul 2010
Development Securities plans to raise £94m 22 Jul 2010
The property developer and investor wants additional funds to exploit what it sees as a lack of equity and debt available for new development in the UK
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LandSecs restarts stalled project 21 Jul 2010
LandSecs restarts stalled project 21 Jul 2010
The UK's biggest property company will start development of the first large shopping scheme since the recession struck in a sign of confidence in the strength of the regional retail market
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Clydesdale Bank customers hit by repayment error 21 Jul 2010
Clydesdale Bank customers hit by repayment error 21 Jul 2010
Thousands of Clydesdale Bank mortgage customers are facing higher monthly mortgage payments after the lender admitted it had miscalculated repayments on some of its variable rate mortgages due to a software error
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Derivatives reform to punish property industry 20 Jul 2010
Derivatives reform to punish property industry 20 Jul 2010
It is becoming clear that the European property industry risks being one of the biggest victims of regulatory overreach
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KiFin pushes for change at Minerva 20 Jul 2010
KiFin pushes for change at Minerva 20 Jul 2010
Property has always been an interest for Nathan Kirsh, but has only recently become a main focus, and in this context he is pursuing Minerva, the London developer
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BBC News - Your Money
Fraud charges over £115m inquiry 30 Jul 2010
Fraud charges over £115m inquiry 30 Jul 2010
Royal Mail pension plan in doubt 30 Jul 2010
Royal Mail pension plan in doubt 30 Jul 2010
The Pensions Regulator is challenging a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
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Benefits face 'radical' shake-up 30 Jul 2010
Benefits face 'radical' shake-up 30 Jul 2010
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
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Deadline for tax credits renewal 30 Jul 2010
Deadline for tax credits renewal 30 Jul 2010
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
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IDS: Welfare system 'close to breaking' 30 Jul 2010
IDS: Welfare system 'close to breaking' 30 Jul 2010
Work and Pensions Secretary Iain Duncan Smith says welfare reform will be "humanizing" rather than "finger wagging"
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Landmark ruling on divorce money 29 Jul 2010
Landmark ruling on divorce money 29 Jul 2010
A "ground-breaking" Court of Appeal judgement removes the protection previously given to thousands of people in divorce proceedings.
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New face 29 Jul 2010
New face 29 Jul 2010
House price inflation eases again 29 Jul 2010
House price inflation eases again 29 Jul 2010
UK house prices fell 0.5% in July, the Nationwide says, cutting the annual rate of house price inflation to 6.6% from 8.7%.
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Metro Bank's first customers speak 29 Jul 2010
Metro Bank's first customers speak 29 Jul 2010
The first High Street bank to launch in the UK for more than 100 years has opened its first branch in Holborn in London.
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'Older workers can pass on skills' 29 Jul 2010
'Older workers can pass on skills' 29 Jul 2010
Retirement age 29 Jul 2010
Retirement age 29 Jul 2010
Fixed retirement age to be axed 29 Jul 2010
Fixed retirement age to be axed 29 Jul 2010
People reaching the age of 65 will no longer be forced to retire from October next year, under plans announced by the government.
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New High Street bank opens doors 29 Jul 2010
New High Street bank opens doors 29 Jul 2010
The first High Street bank to launch in the UK for more than 100 years opens its doors for the first time.
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'Retirement rules work for employers' 29 Jul 2010
'Retirement rules work for employers' 29 Jul 2010
Plans to scrap the default retirement will 'raise concerns' according to David Yeandle of the Engineering Employers Federation.
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Warning on local council pensions 29 Jul 2010
Warning on local council pensions 29 Jul 2010
Council workers across England face having to retire later or pay more into their pension scheme, the public spending watchdog warns.
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'Gissa Job' plea pays off 28 Jul 2010
'Gissa Job' plea pays off 28 Jul 2010
A man has landed a job after standing by a roundabout holding a placard pleading for work in Stoke-on-Trent.
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House prices 'now at 2006 levels' 28 Jul 2010
House prices 'now at 2006 levels' 28 Jul 2010
House prices in England and Wales are now at similar levels as seen in the summer of 2006, says the Land Registry.
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Bank customers are warned that they are unlikely to be allowed to keep money mistakenly credited to their bank account.
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Boy, 5, wins Lidl defamation case 28 Jul 2010
Boy, 5, wins Lidl defamation case 28 Jul 2010
A five-year-old Irish boy who was wrongly accused of stealing a bag of crisps wins 7,500 euros damages for defamation of character.
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Tight returns 28 Jul 2010
Tight returns 28 Jul 2010
Fresh pension tax plan considered 27 Jul 2010
Fresh pension tax plan considered 27 Jul 2010
Government plans to restrict pension tax relief for the higher paid may be even more aggressive than Labour's, expert say.
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Businesses face energy bill rise 27 Jul 2010
Businesses face energy bill rise 27 Jul 2010
Businesses' energy bills could rise by 26% in the next decade owing to policies to cut emissions in the UK.
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Rise in number of fake £1 coins 27 Jul 2010
Rise in number of fake £1 coins 27 Jul 2010
Nearly two million counterfeit £1 coins were returned to the Royal Mint in the last financial year, figures show.
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Third Northern Rock boss banned 27 Jul 2010
Third Northern Rock boss banned 27 Jul 2010
Northern Rock's former finance director becomes the bank's third executive to be banned by the City watchdog for misconduct.
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Lloyds stops selling PPI policies 27 Jul 2010
Lloyds stops selling PPI policies 27 Jul 2010
Lloyds Banking Group stops selling much-criticised payment protection insurance (PPI) to customers who borrow money.
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Man jailed over £250m Ritz fraud 27 Jul 2010
Man jailed over £250m Ritz fraud 27 Jul 2010
A jobless lorry driver who pulled off an "outrageous scam" to sell London's Ritz Hotel for £250m is jailed for five years.
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Short changed? 27 Jul 2010
Short changed? 27 Jul 2010
AstraZeneca faces strike ballot 26 Jul 2010
AstraZeneca faces strike ballot 26 Jul 2010
More than 600 workers at AstraZeneca's Macclesfield plant are holding a strike ballot over changes to their pension scheme
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Elderly care: Who should pay? 26 Jul 2010
Elderly care: Who should pay? 26 Jul 2010
Dame Joan Bakewell tackles the dilemma of who should pay for the care of our aging population.
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Rates to remain low 'until 2014' 25 Jul 2010
Rates to remain low 'until 2014' 25 Jul 2010
The Bank of England will have to keep interest rates at their record low of 0.5% until 2014, a leading economic forecaster says.
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All at sea 24 Jul 2010
All at sea 24 Jul 2010
High-value deals boost art prices 22 Jul 2010
High-value deals boost art prices 22 Jul 2010
High-value deals are continuing to drive up the price of arts and antiques, according to a poll of surveyors.
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Mortgage error sees payments rise 21 Jul 2010
Mortgage error sees payments rise 21 Jul 2010
Thousands of Clydesdale and Yorkshire Bank customers face increased mortgage payments after a miscalculation error.
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Home sales continue to increase 21 Jul 2010
Home sales continue to increase 21 Jul 2010
The number of homes sold in the UK in June rose by 21% from the month before to 86,000, HM Revenue & Customs says.
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Pensions penalty? 20 Jul 2010
Pensions penalty? 20 Jul 2010
Funding shift for mortgage rescue 20 Jul 2010
Funding shift for mortgage rescue 20 Jul 2010
Government funding for a scheme aimed at helping those facing home repossessions in England is to be reduced.
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Savings certificates cut by NS&I 19 Jul 2010
Savings certificates cut by NS&I 19 Jul 2010
Savings products linked to the inflation rate are withdrawn by National Savings and Investments after proving too popular.
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Goldtrail collapse 18 Jul 2010
Goldtrail collapse 18 Jul 2010
Tax credit claim deadline looming 16 Jul 2010
Tax credit claim deadline looming 16 Jul 2010
A deadline for those claiming tax credits in the UK comes on 31 July as the tax authority prepares for a rush of enquiries.
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Unemployment dips to 2.47 million 14 Jul 2010
Unemployment dips to 2.47 million 14 Jul 2010
UK unemployment sees a slight fall to 2.47 million, but the number of part-time workers sees a sharp rise.
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One in five staff 'takes sickies' 14 Jul 2010
One in five staff 'takes sickies' 14 Jul 2010
One in five UK workers feigned an illness the last time they took a day off work as sick leave, a survey suggests.
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Q&A: Why raise the pension age? 24 Jun 2010
Q&A: Why raise the pension age? 24 Jun 2010
The coalition is accelerating the move to raise the state pension age to 66 - what will the change mean?
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Your pensions questions answered 25 Jun 2009
Your pensions questions answered 25 Jun 2009
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
La dolce vita gets cheaper 30 Jul 2010
La dolce vita gets cheaper 30 Jul 2010
Second-home buyers looking for property in Italy can now take advantage of more competitive mortgage deals
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Offset upset for furnished holiday lets 30 Jul 2010
Offset upset for furnished holiday lets 30 Jul 2010
Thousands of second homeowners will face a less generous tax regime from next April under government proposals to restrict the use of "loss relief"
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Metro bank opens its doors in the UK 29 Jul 2010
Metro bank opens its doors in the UK 29 Jul 2010
Surge in tied financial products 28 Jul 2010
Surge in tied financial products 28 Jul 2010
The number of tied financial products has jumped since the beginning of the year, according to new research by Which?
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Treasury consults on tax relief changes 27 Jul 2010
Treasury consults on tax relief changes 27 Jul 2010
Olympics has mixed impact on house prices 27 Jul 2010
Olympics has mixed impact on house prices 27 Jul 2010
The upcoming 2012 Olympics has had a mixed impact on East London property prices, with only four out of the 14 Olympic postal districts seeing house prices rise by more than the average for London
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Snap up a tracker mortgage 27 Jul 2010
Snap up a tracker mortgage 27 Jul 2010
Tracker mortgages to provide cheapest option for borrowers as latest forecasts suggest base rate will remain at 0.5 per cent until 2014
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Rent rises boost buy-to-let 23 Jul 2010
Rent rises boost buy-to-let 23 Jul 2010
Residential rents are now rising across the UK, and are forecast to continue growing for at least the next two years – leading some analysts to suggest returns on buy-to-let property look attractive again
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Homeowners urged to use debt 'window' 23 Jul 2010
Homeowners urged to use debt 'window' 23 Jul 2010
Homeowners have enjoyed an unprecedented period of low mortgage rates, as the Bank of England base rate has been held at 0.5 per cent for 16 consecutive months. But with a majority of borrowers now expecting rates to rise, the window of opportunity for overpayment looks set to close
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Landlords report fewer tenants in rent arrears 22 Jul 2010
Landlords report fewer tenants in rent arrears 22 Jul 2010
Clydesdale Bank customers hit by repayment error 21 Jul 2010
Clydesdale Bank customers hit by repayment error 21 Jul 2010
Thousands of Clydesdale Bank mortgage customers are facing higher monthly mortgage payments after the lender admitted it had miscalculated repayments on some of its variable rate mortgages due to a software error
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Mortgage lending rises in June 20 Jul 2010
Mortgage lending rises in June 20 Jul 2010
Gross mortgage lending increased by 15 per cent in June but the Council of Mortgage Lenders has warned that the short-term outlook remains subdued
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Windfall hope for building society savers 16 Jul 2010
Windfall hope for building society savers 16 Jul 2010
The possibility of a new round of building society windfalls emerged this week, as a plan for the first private-equity investment in a mutual lender was announced
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Loan rules to hit house prices 16 Jul 2010
Loan rules to hit house prices 16 Jul 2010
Borrowers seeking larger mortgages are unlikely to be affected by new affordability rules announced by the Financial Services Authority (FSA) this week – but analysts warned that the reforms could further depress house price growth
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Rental surge provides boost to landlords 16 Jul 2010
Rental surge provides boost to landlords 16 Jul 2010
Rents across the UK are returning to levels seen at the peak of the market as the number of rental properties available continued to fall further in June, providing a welcome boost for buy-to-let investors.
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