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London

China’s Dalian Wanda Groupto develop real estate project in Central London

Chinese commercial property and entertainment conglomerate, Dalian Wanda Group, revealed today that it plans to commence a major investment programme in the UK. Wanda’s luxury hotel brand is making its first move overseas with a GBP700m development project for a …

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House Prices fall to record levels.

Halifax House Price Index for May 2013 reveals most improved growth since 2010

UK Mortgage lender Halifax, part of Lloyds Banking Group, on Thursday released its House Price Index for May 2013, which showed a rise in UK house prices of

House building

UK housing market returns to life in April

Demand in the UK residential property market reached its highest level in more than three years last month, a new survey shows. The Royal Institution of Chartered Surveyors (RICS)

London property

UK financial regulator sounds warning over interest-only mortgages

The Financial Conduct Authority (FCA) has warned homeowners with interest-only mortgages that they need to take control of their mortgage repayment planning. Research carried out by the FCA, the

Canary Wharf, in London's Docklands

British Land takes full control of London’s Surrey Quays Shopping Centre

Real estate investment trust The British Land Company plc (LON:BLND) said it had bought the 50% stake in the Surrey Quays Shopping Centre in South East London it

UK new homes

British Land to raise £500m for future acquisitions via share offering

Real estate investment trust British Land Co Plc (LON:BLND) said today it plans to raise about GBP500m (USD743m/EUR571m) for current and future sector investments by placing a stake

House Prices fall to record levels.

UK housebuilders welcome government efforts to boost housing market

Government schemes to help home buyers in the UK are having a positive impact on the housing market, three housebuilding companies said this week. Redrow, Persimmon and Bovis Homes

House Prices fall to record levels.

UK home repossessions fall to five-year lo

Home repossessions in the UK last year fell to their lowest level since 2007, the Council of Mortgage Lenders (CML) reported today. Over the course of the year a

Construction in London

Decline in UK construction sector ends with 0.9% growth in Q4

A long decline in the UK's construction sector was halted in the fourth quarter of 2012, the Office for National Statistics (ONS) revealed today. Construction output grew by an

Bank of England

Bank of England reports continued rise in mortgage approvals

Further signs are emerging of a recovery in the UK housing market, as the Bank of England said today that mortgage approvals rose again in December 2012. The number

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