Tyson Fury: Property firm set up by Gypsy King at risk of being shut down December 4, 2024 A company set up by former world heavyweight boxing champion Tyson Fury to buy, sell and lease real estate is at risk of being shut down. Greenwaybalmoral Ltd, which is registered to an address near Lancaster, was established in January 2023 and counts Fury as its sole director. But having failed to file any set [...]
House prices rise at fastest rate in two years – Nationwide December 2, 2024 New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.
Alan Sugar’s property empire returns to profit after huge loss November 25, 2024 The Apprentice star Lord Alan Sugar’s property empire returned to the black during its latest financial year after recovering from a huge loss, it has been revealed. Amshold, the company which Lord Sugar holds his property investments, achieved a pre-tax profit of £932,000 for the 12 months to 30 June, 2024. The latest figure, revealed in [...]
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
Property prices hit record high as analysts warn rise will continue November 7, 2024 House prices have hit a record high as analysts suggest higher demand has come up against a continued shortage in the housing supply. The cost of the average UK home reached £293,999 in October, the highest ever recorded, outstripping the £293,507 reached in June 2022, according to Halifax. The 0.2 per cent rise is the [...]
First-time buyers could see huge tax hit under rumored Budget change October 28, 2024 First-time buyers could see huge tax hit under changes rumored to be included in the Autumn budget. It has been rumoured that Chancellor of the Exchequer Rachel Reeves will rule out any changes to stamp duty land tax in the Budget. Stamp duty land tax currently applies to homes costing over £250,000, but in March [...]
Lendinvest taps Barclays, HSBC and BNP for £300m financing October 21, 2024 Lendinvest has renewed a £300m financing deal with Barclays, HSBC and France’s BNP Paribas as the property fintech looks to return to profitability. The AIM-listed firm said the revolving warehouse financing agreement, shared equally between the three banks, had been extended for an additional three years on what it called improved terms. LendInvest said the [...]
Rightmove still in play after REA walks away, analysts say October 1, 2024 Rightmove may have seen off Murdoch-owned REA’s unsolicited bids for the company, but the saga is likely to set more would-be bidders on the property platform’s tail, analysts have said. Its share price fell about seven per cent at the start of this week on news that Australian property firm REA had walked away from [...]
Historic Magna Carta house hits market for £4.5m September 23, 2024 The Victorian listed home where King John signed the Magna Carta in 1215 is on the market for £4.5m
REA raises Rightmove bid to £6.1bn as it slams ‘lack of engagement’ September 23, 2024 Australian property group REA has upped its takeover bid for Rightmove to £6.1bn, saying it is “genuinely disappointed” with the lack of engagement from the company so far. Earlier this month, Rightmove snubbed a £5.6bn offer from Rupert Murdoch-owned REA, saying it was “wholly opportunistic” and undervalued the British property portal. On Friday, the Rupert [...]