UK Business Property - RSS FeedCommercial Property NewsIndustry surveys reveal further falls in UK commercial property development and total returns- September 10, 2008 Commercial building activity in the United Kingdom posted its biggest monthly fall in at least five-and-a-half years in August and was set to continue tumbling in the autumn, a survey showed today.Savills said its Total Commercial Develohttp://www.ukbusinessproperty.co.uk/news/article/935 Barratt passes dividend and reports profits 67% down at 137.3million- September 10, 2008 Barratt Developments today revealed it's preliminary FY results for year ending June 30th. 2008. They show contracted sales down 37.8% and forward sales down 50%, which reflects the pipeline effect of the year as the credit crunch struck, with pre-tax prohttp://www.ukbusinessproperty.co.uk/news/article/936 Cuts in planning red tape could save homeowners 50million a year- September 10, 2008 Regulations that will remove 80,000 householder planning applications from the planning system each year were introduced to Parliament today.Housing and planning minister Caroline Flint laid a revised general permitted development order beforehttp://www.ukbusinessproperty.co.uk/news/article/938 Contrasting news from the High Street - Next down but Thorntons up.- September 10, 2008 There is contrasting news today from the High Street, as Next Plc posted a 12% fall in first-half pretax profits, while chocolate retailer Thorntons reported a better than expected 19.6% increase in annual profit, shrugging off the impact of a consumer dohttp://www.ukbusinessproperty.co.uk/news/article/937 UK house prices continue to fall and sales volume hits a record low say RICS as consumers feel the pinch- September 9, 2008 UK house prices kept falling sharply in the three months to August even as the average number of home sales per surveyor hit a new low, a survey showed today.The Royal Institution of Chartered Surveyors said its house price survey balance ihttp://www.ukbusinessproperty.co.uk/news/article/934 Darling to bring forward measures to stimulate the mortgage market- September 9, 2008 The Chancellor, Alistair Darling, is preparing to intervene to stimulate the UK housing finance market, The Times newspaper quoted senior government officials as saying.The newspaper said Darling was waiting for the final proposals from Jameshttp://www.ukbusinessproperty.co.uk/news/article/932 Redrow secures new 450 million bank loan and reports a loss of 193.9million- September 9, 2008 Uk housebuilder Redrow Plc said today it had secured a new £450 million debt facility until 2011, and that its markets would remain difficult for the foreseeable future.Redrow full-year pretax profit nearly halved before exceptional itemhttp://www.ukbusinessproperty.co.uk/news/article/933 Stevens Scanlan profit from the downturn- September 9, 2008 Stevens Scanlan, the Manchester based surveyors and property consultants, is bucking the property downturn by taking further space in its Manchester office and expanding its property management team.When it moved to Mosley Street 7 years ago thttp://www.ukbusinessproperty.co.uk/news/article/931 Bristol based Midas Group has the right touch - profits 38% up- September 8, 2008 Property services specialist the Midas Group has bucked the trend of poor performers in its sector, reporting an increase in pre-tax profits of £5.9million – an increase of 38% from the previous year.The Bristol-based business, whihttp://www.ukbusinessproperty.co.uk/news/article/930 Nationwide to absorb The Debyshire and Cheshire Building Societies- September 8, 2008 Nationwide, the UK's biggest customer-owned lender, said today it was to merge with smaller rivals the Derbyshire and Cheshire Building Societies.Nationwide, the country's second-biggest provider of mortgages, said the tie-ups would create a mhttp://www.ukbusinessproperty.co.uk/news/article/927 |