Focus on 5 FTSE housebuilding stocks as the UK hits record number of homes sold

• June 29, 2021 12:47 PM BST
• Abhijeet

Summary  Heavyweight housing stocks traded mixed in the mid-morning deals The benchmark FTSE 100 oscillated marginally higher as blue-chips cracked Shares of Persimmon and Taylor Wimpey jumped over 2% The heavyweight housing stocks t...

• June 24, 2021 03:09 PM BST
• Kamalika Ghosh

Summary Carillion’s liquidator alleged KPMG did not examine accounts of Carillion properly and should pay £250 million as a penalty. The Lawyers of the Official Receiver has sent a pre-claim letter to KPMG before taking any action.&...

• June 21, 2021 01:34 PM BST
• Kamalika Ghosh

Summary The UK housing prices recorded a new high in June for the third consecutive month. The average UK price rose by 0.8% in June compared to the surge of 1.8% in May 2021. UK house prices surged to make a new high of £336,073 in ...

• June 10, 2021 05:32 PM BST
• Kamalika Ghosh

Summary UK’s house-price index in May soared due to continued supply crunch and robust demand. Rics monthly report said that new listings were not sufficient for interested buyers, driving prices up throughout Europe. Prices were already...

• June 07, 2021 02:52 PM BST
• Suhita Poddar

Summary The newly launched government scheme will offer a discount of 30-50% for the first-time home buyers. Under this scheme, the Boris Johnson government will deliver at least 10,000 homes every year in the next few years. The UK govern...

• June 02, 2021 03:49 PM BST
• Abhijeet

Summary Mortgage borrowing slumped to £3.3 billion in April from £11.8 billion in March. The spike in mortgage borrowings for March was short-lived and probably caused by the ongoing stamp duty holiday. However, experts had felt th...

• June 01, 2021 12:20 PM BST
• Suhita Poddar

Summary UK housing prices rose by 10.9 per cent to £242,832 in May, touching an almost 7 year high The recent boost in the sector was supported by government measures including an extension of stamp duty holiday and new mortgage guarantee...

• May 27, 2021 05:11 PM BST
• Abhijeet

Summary Savills shares rallied more than 4 per cent in the late afternoon deals Subsidiary Savills IM has reached an agreement with Samsung SRA The stock of Savills rose over 4.39 per cent to a fresh 52-week high Shares of Savills Plc (LO...

• May 27, 2021 02:29 PM BST
• Suhita Poddar

Summary UK real estate sector is expected to have a boom after property site Zoopla forecasts the housing market will touch £461 billion in 2021. Real estate major Hammerson was trending higher for the second day in a row, boosted by posi...

• May 26, 2021 10:24 AM BST
• Suhita Poddar

Summary A Zoopla report has forecasted 1.52 million home sales across the nation in 2021, higher by 45 per cent as compared to the previous year. The value of housing properties sold this year is projected to touch £461 billion, up 46 per...