Lens on Persimmon and Barratt Developments as UK House Prices Touch Record High

• April 19, 2021 10:43 AM BST
• Team Kalkine Media

Source:  jaturonoofer, Shutterstock Summary The asking price for UK homes hits a record high in April this year, says Rightmove. The asking home price in Britain rose by £6,733 in the five weeks to 10 April this year. Factors inclu...

• April 14, 2021 01:21 PM BST
• Suhita Poddar

Source: Alexander Raths, Shutterstock Summary Foxtons invested £3 million to acquire a stake in Boomin, a next-generation property venue. The company’s first-quarter sales surged by 24 per cent year-on-year to GBP 28.5 million Rev...

• March 31, 2021 03:53 PM BST
• Abhijeet

Source: PhuShutter, Shutterstock Summary The UK annual house price growth slowed to 5.7 per cent for March, says Nationwide survey. Home prices were down 0.2 per cent on a month-on-month basis for the month. The housing sector’s long-te...

• March 29, 2021 06:26 PM BST
• Suhita Poddar

Source: ungvar, Shutterstock Summary Brokerage firm JP Morgan said that the UK’s housebuilding market had solid foundations due to the sector receiving ongoing support by the government. The research report held a positive long-term outl...

• March 26, 2021 12:14 PM GMT
• Abhijeet

Source: Alexander Raths, Shutterstock Summary A majority of real estate stocks have doubled their investor’s money in a years’ time. These are considered an ideal choice for portfolio diversification. Investing in real estate ...

• March 24, 2021 04:53 PM GMT
• Suhita Poddar

Source: ungvar, Shutterstock Summary The Office for National Statistics announced the average UK housing prices in January fell by £1,000 to £249,000 after touching a record high of £250,000 in December. The fall was attribut...

• March 24, 2021 12:20 PM GMT
• Abhijeet

Source: Wirestock Creators, Shutterstock Summary There has been a 48.5 per cent annual jump in British housing transactions in February. Non-residential transactions rose by 10.3 per cent on a year-on-year basis in February. The UK government...

• March 12, 2021 12:54 PM GMT
• Suhita Poddar

Source: Alexander Raths, Shutterstock Summary Hammerson reported that due to inactivity, its net rental from malls nearly halved in FY2020 during the pandemic. Despite massive losses, the company announced a final dividend of 0.2 pence a share...

• March 10, 2021 02:03 PM GMT
• Team Kalkine Media

Source: Stock-Asso, Shutterstock Summary The REIT player’s pretax profit jumped to £449.5 million for 2020 as compared to £141.2 million in 2019. The British REIT sector poses immense scope for specialisation and scale, offer...

• March 10, 2021 07:37 AM GMT
• Suhita Poddar

Source: Alexander Raths, Shutterstock Summary Real estate firm Savills Plc said property prices might increase by as much as £10,000. Savills believes that extension of stamp duty holiday would push up house prices. CLS Holdings, Graing...