Real Estate

I own my home with my parents – what happens to it when they...

Neither of my parents have a will, so does ownership of the house automatically come to me?Q I own my home with my parents. It’s jointly owned between me, my mother and my...

Chancellor offers £3bn fix for Britain’s ‘broken housing market’

Philip Hammond’s spring statement includes funding to build 30,000 affordable homesA new £3bn scheme will fund the building of 30,000 affordable homes, the chancellor has said, as he proclaimed that the government was...

Help to buy has had its day. Time to tax the builders and close...

Osborne’s plan to assist first-time buyers has created colossal windfall profits. The Treasury deserves some of that moneyIf the major banks – rather than housebuilders – were the chief beneficiaries of the...

Help-to-buy scheme pushes housebuilder dividends to £2.3bn

Flagship policy of former government drives up firms’ profits along with house pricesBritain’s biggest housebuilders paid out £2.3bn in dividends in their most recent financial year, as the help-to-buy subsidy pumped up their...

London property slump pushes Foxtons to first annual loss since IPO

Nationwide says house prices dipped 0.1% in February from January to average of £211,304The London estate agent Foxtons slumped to its first annual loss since its stock market debut six years ago, blaming a further...

Taylor Wimpey reports £811m in profits boosted by help-to-buy

Housebuilder says it has yet to see any signs of Brexit-related slowdown in demandTaylor Wimpey is the latest housebuilder to report bumper profits for last year, boosted by the government’s help-to-buy scheme and low...

Outrage as help-to-buy boosts Persimmon profits to £1bn

Builder condemned for making massive gains from taxpayer-funded programmeHousebuilder Persimmon made a record-breaking £1bn profit last year – equal to more than £66,000 on every one of the homes it sold – with almost half...

UK house prices take pre-Brexit hit, says Nationwide

Rise of only 0.5% in December – the slowest annual rate of growth since February 2013Fears over Brexit caused British house prices to all but stagnate in 2018, rising by the smallest amount in almost...

UK housing market is a ‘goldmine’ for wealthy foreign buyers

Sales of houses worth over £10m tripled after sterling slumped following Brexit voteThe global super-rich have taken advantage of the Brexit-induced decline in the value of sterling to buy up three times as...

Top UK firms to reveal executive-worker pay gap under new rules

Regulations to ensure greater transparency come after string of shareholder revolts in 2018Britain’s biggest listed companies will be forced to justify the pay gap between chief executives and their workforce as part of...

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