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    Live Industry News

    Garrington receives live news articles from quality and trusted media sources regarding property, economic and private wealth matters which may be of interest to our clients. Please click one of the links below to be diverted to an article of interest.

    Property industry news and analysis of the property market - FT.com

    Ministers urged to devise exit strategy for Help to Buy scheme 24 May 2013
    Ministers urged to devise exit strategy for Help to Buy scheme 24 May 2013

    The head of the Council of Mortgage Lenders wants the government to explain what will happen when the scheme’s support for the housing market is withdrawn

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    Call for better rental protection 24 May 2013
    Call for better rental protection 24 May 2013

    Industry groups are stepping up calls for the government to make membership of a client money protection scheme mandatory for letting agents

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    Mortgage approvals edge up in April 24 May 2013
    Mortgage approvals edge up in April 24 May 2013

    Banks expect to sign off more loans for first-time buyers after lending rose in April, although the number of approvals was still down year on year

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    Mortgage insurers: renewed interest 23 May 2013
    Mortgage insurers: renewed interest 23 May 2013

    In the relentless search for ways to profit from the US housing recovery, mortgage insurers, too, have seen renewed interest

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    Portal launched to challenge Rightmove 22 May 2013
    Portal launched to challenge Rightmove 22 May 2013

    Site has 82% share of page views on UK’s top three property websites and is sixth most-visited in country, ahead of the likes of BBC News

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    IMF adds to ‘Help to Buy’ critics 22 May 2013
    IMF adds to ‘Help to Buy’ critics 22 May 2013

    Fund fears the government’s home ownership plan will do more harm than good by increasing demand for housing without necessarily boosting supply

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    Nationwide’s market share at record level 22 May 2013
    Nationwide’s market share at record level 22 May 2013

    Building society’s share of the British mortgage market has grown to a record level, helped by government-funded programmes to aid housebuyers

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    West End landlords post strong numbers 22 May 2013
    West End landlords post strong numbers 22 May 2013

    Great Portland and Shaftesbury are buoyed by the continuing ascent of London’s best performing property market with tenant demand picking up

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    Fugitive Kazakh banker’s homes for sale 21 May 2013
    Fugitive Kazakh banker’s homes for sale 21 May 2013

    Assets to be liquidated after Mukhtar Ablyazov, former chairman of BTA Bank, fled Britain last year amid a $6bn High Court embezzlement case

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    US farmland faces asset bubble test 21 May 2013
    US farmland faces asset bubble test 21 May 2013

    Prices have doubled as the Fed has held interest rates at lows and amid strong demand. What will happen when monetary policy tightens and grain supply grows

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    China property boom not abating 21 May 2013
    China property boom not abating 21 May 2013

    Restrictions and a property tax announced by the central government in February have not been fully implemented in any city apart from Beijing

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    Heron Tower offered £250m Sternlicht loan 19 May 2013
    Heron Tower offered £250m Sternlicht loan 19 May 2013

    The deal, if it goes ahead, would be one of the highest profile examples of a non-bank lender providing debt capital to a UK company

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    Self-build property support ‘not enough’ 17 May 2013
    Self-build property support ‘not enough’ 17 May 2013

    Building your home is still a niche pursuit despite plans by government two years ago to alleviate shortage of new housing by ‘revolutionising’ sector

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    Student pod return pledges under fire 17 May 2013
    Student pod return pledges under fire 17 May 2013

    Investors have been attracted by guaranteed returns of up to 10%. But chief executive of developer warns that such pledges ‘are rarely sustainable’

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    Build it yourself – the market moves on 17 May 2013
    Build it yourself – the market moves on 17 May 2013

    Government encourages ‘custom build’ – but the average project costs over £255,000 – well out of reach for most first-time buyers

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    Qatar buys into Milan property project 16 May 2013
    Qatar buys into Milan property project 16 May 2013

    New share subscription to give Gulf state an ownership interest of about 40 per cent of the €2bn scheme as it diversifies away from hydrocarbons

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    US farmland prices draw bubble talk 16 May 2013
    US farmland prices draw bubble talk 16 May 2013

    Whether the rise in prices is overheating the market has become a feverishly discussed question among land shoppers from farmers to pension funds

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    NY business frets over change of mayor 16 May 2013
    NY business frets over change of mayor 16 May 2013

    Executives are concerned that mayoral candidates lack the business affinity that has defined Michael Bloomberg’s approach

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    Top RSA shareholder criticises board 15 May 2013
    Top RSA shareholder criticises board 15 May 2013

    Standard Life Investments goes public with concern over scale of recent dividend cut and fees paid to Deloitte for non-audit work

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    Rise in mortgages for first-time buyers 14 May 2013
    Rise in mortgages for first-time buyers 14 May 2013

    More than 19,000 loans worth £2.4bn were given to first-time buyers in March – up from 15,900 in February but down from 24,400 in March 2012

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    BBC News - Your Money

    Second RBS apology for app glitch 24 May 2013
    Second RBS apology for app glitch 24 May 2013

    RBS has apologised for the second time in two months after customers were unable to login to their accounts through their mobile phone app.

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    Low rates 'fail to deter savers' 24 May 2013
    Low rates 'fail to deter savers' 24 May 2013

    A lack of confidence among consumers has pushed up savings levels in the last year despite the low rates of interest available, banks say.

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    JP Morgan fined £3m for failings 23 May 2013
    JP Morgan fined £3m for failings 23 May 2013

    JP Morgan's international bank division has been fined £3m by the Financial Conduct Authority for failures in client advice and record-keeping.

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    Co-op rolls out talking cashpoints 23 May 2013
    Co-op rolls out talking cashpoints 23 May 2013

    The Co-operative Bank has become the latest to introduce talking cashpoints for blind or partially-sighted people.

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    Tuition fee 'could be cut to £6,000' 23 May 2013
    Tuition fee 'could be cut to £6,000' 23 May 2013

    Tuition fees in England could be limited to £6,000 per year and remain cost-neutral to universities and the Treasury, research suggests.

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    Airbnb seeks to reassure members 22 May 2013
    Airbnb seeks to reassure members 22 May 2013

    Airbnb tells its members "we are not going anywhere", after a judge in New York ruled a man who rented out his apartment on the site broke the law.

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    Electricity bills to increase by 18% 22 May 2013
    Electricity bills to increase by 18% 22 May 2013

    Power NI announces that electricity bills for households and small businesses are to increase by 18% from July.

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    Two win sickness benefit challenge 22 May 2013
    Two win sickness benefit challenge 22 May 2013

    Two people with mental health problems win a legal challenge against the government tests for sickness benefit.

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    Couple's £163,000 phone bill shock 22 May 2013
    Couple's £163,000 phone bill shock 22 May 2013

    A couple who own an electrical firm had a shock when they received a mobile phone bill for £163,000, then fought for months to have the debt cleared.

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    HMRC to miss tax credit fraud target 22 May 2013
    HMRC to miss tax credit fraud target 22 May 2013

    The UK tax authority's failure to hit a target of reducing tax credit fraud and error has "cost the taxpayer dear", a committee of MPs says.

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    Nationwide mortgage lending rises 22 May 2013
    Nationwide mortgage lending rises 22 May 2013

    The UK's largest building society, Nationwide, says its share of the mortgage market has reached a record high.

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    Data suggests housing market pick-up 21 May 2013
    Data suggests housing market pick-up 21 May 2013

    The UK housing market is seeing a slight pick-up in activity with mortgage lending and prices both rising, figures suggest.

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    Inflation secrets of the TV families 21 May 2013
    Inflation secrets of the TV families 21 May 2013

    Inflation secrets of the TV families

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    Calculate your inflation rate 21 May 2013
    Calculate your inflation rate 21 May 2013

    Find out how much your cost of living is going up

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    VIDEO: Your Money: Fuel costs and phone bills 18 May 2013
    VIDEO: Your Money: Fuel costs and phone bills 18 May 2013

    In this week's Your Money, Declan Curry looks at rising fuel costs, confusing phone bills and planning for old age.

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    The great credit card takeaway 16 May 2013
    The great credit card takeaway 16 May 2013

    How people are persuaded to give away their plastic

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    Retirement 'is harmful to health' 16 May 2013
    Retirement 'is harmful to health' 16 May 2013

    Retirement has a detrimental impact on mental and physical health, says a new study by the Institute of Economic Affairs, a think tank.

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    First-edition books fetch £226,000 16 May 2013
    First-edition books fetch £226,000 16 May 2013

    A treasure trove of literary first editions collected by an English teacher from Stirling has sold at auction for a total of £226,000.

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    Demands sent to the dead 15 May 2013
    Demands sent to the dead 15 May 2013

    Firms which write to the dead asking 'why did you leave?'

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    Ticket resale sites - are fans winners or losers? 13 May 2013
    Ticket resale sites - are fans winners or losers? 13 May 2013

    Do ticket exchanges give fans a good deal?

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    VIDEO: Your Money: Consumer laws and saving 11 May 2013
    VIDEO: Your Money: Consumer laws and saving 11 May 2013

    In this week's Your Money, Declan Curry looks at consumer rights for buying online, high street bank savings rates and retirement.

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    UK Savers: Why do they still bother? 11 May 2013
    UK Savers: Why do they still bother? 11 May 2013

    Britain's savers: Why do they still bother?

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    Living on a budget: Readers' stories 9 May 2013
    Living on a budget: Readers' stories 9 May 2013

    Readers' experiences of feeding themselves on a tight budget

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    Online shops move into High Street 7 May 2013
    Online shops move into High Street 7 May 2013

    The enduring retail power of bricks and mortar

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    VIDEO: Your Money: Lending cash to a stranger 4 May 2013
    VIDEO: Your Money: Lending cash to a stranger 4 May 2013

    In this week's Your Money, Declan Curry looks at how changes to the benefits system will change household income and how you could get more for your money by lending cash directly to companies.

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    Peer-to-peer lending tempts savers 4 May 2013
    Peer-to-peer lending tempts savers 4 May 2013

    The growth and risks of peer-to-peer lending

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    Benefits move from weekly to monthly 29 Apr 2013
    Benefits move from weekly to monthly 29 Apr 2013

    A massive shake-up in the UK benefits system starts on Monday, with the first claims being made for a new universal credit payment.

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    Benefit changes: Who will be affected? 29 Apr 2013
    Benefit changes: Who will be affected? 29 Apr 2013

    A number of changes to benefits come into effect in April. Here, we explain who will be affected and by how much.

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    Rich elderly 'should shun benefits' 28 Apr 2013
    Rich elderly 'should shun benefits' 28 Apr 2013

    Wealthy elderly people who do not need benefit payments to help with fuel bills or free travel should voluntarily give the money back, Iain Duncan Smith says.

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    VIDEO: Your Money: The big benefits shake up 27 Apr 2013
    VIDEO: Your Money: The big benefits shake up 27 Apr 2013

    In this week's Your Money, Declan Curry looks at how changes to the benefits system will change household income and how you could get more for your money by lending cash directly to companies.

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    VIDEO: Can you feed yourself on £1 a day? 27 Apr 2013
    VIDEO: Can you feed yourself on £1 a day? 27 Apr 2013

    The international campaign group The Global Poverty Project to ask people to feed themselves on just £1 a day, for five days.

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    The bank branch of the future? 25 Apr 2013
    The bank branch of the future? 25 Apr 2013

    As a deal to transfer more than 600 Lloyds branches to the Co-op collapses, some are questioning whether the bank of the future needs a branch network at all.

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    VIDEO: Your Money: Travel tips and pension pots 20 Apr 2013
    VIDEO: Your Money: Travel tips and pension pots 20 Apr 2013

    In this week's Your Money, Declan Curry looks at how to avoid fraudulent travel deals, sprucing up your garden on a budget and making the most of your pension pot.

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    The myth of working from home 27 Feb 2013
    The myth of working from home 27 Feb 2013

    Yahoo has banned its staff from "remote" working. After years of predictions, why is working from home not the norm?

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    Isa interest rates hit record low 6 Feb 2013
    Isa interest rates hit record low 6 Feb 2013

    The average interest rate being offered by a cash Isa is now just 1.74%, according to Moneyfacts.

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    Recession 'boosts self-employment' 6 Feb 2013
    Recession 'boosts self-employment' 6 Feb 2013

    The number of self-employed people in the UK has increased by nearly 10% since the start of the economic crisis, an official report has found.

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    'Signs of life' in housing market 6 Feb 2013
    'Signs of life' in housing market 6 Feb 2013

    UK house prices registered their first annual rise since October 2010, rising by 1.3% in January compared with a year earlier, the Halifax says.

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    Mortgages explained for first-time buyers 23 Jan 2013
    Mortgages explained for first-time buyers 23 Jan 2013

    A mortgage broker explains how to safely navigate through the mortgage maze, finding out what types of mortgage are out there, and what is best for you.

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    Commissions banned on new sales 31 Dec 2012
    Commissions banned on new sales 31 Dec 2012

    Financial sales staff and advisers can no longer be paid commissions by the firms whose policies - such as private pensions and investments - that they are selling.

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    'Positive' year ahead for housing 12 Dec 2012
    'Positive' year ahead for housing 12 Dec 2012

    A more stable and "positive" year in the UK housing and mortgage markets can be expected in 2013, a lenders' group says.

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    One in 10 workers underemployed 28 Nov 2012
    One in 10 workers underemployed 28 Nov 2012

    One in 10 of all workers in the UK is unable to work as many hours as they want or need to, an official study of underemployment shows.

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