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...“It is not clear to me that the Labour party has a housing strategy. I just don’t think they have got there yet,” said Marc Vlessing, chief executive of Pocket Living, a smaller developer....
...Their claim contradicts earlier findings of the company’s insolvency administrator and statements by Signa’s management and shareholders, which have so far pinned blame for the luxury property conglomerate...
...Be careful out there, and email us: robert.armstrong@ft.com and ethan.wu@ft.com. A frozen spring for US housing The US economy continues to beat expectations and risk assets are doing great....
...It is 28 per cent owned by the Shenzhen Metro, occupying a middle ground between a private and state-owned company....
...Britain has been demanding better access for UK professional services companies to the Indian market as well as big cuts in tariffs on exports, including whisky and cars....
...Demand is falling from all the sectors that have been the largest buyers of steel: property developers, carmakers and home appliance companies....
...Owners of the ADS were basically taking it on trust that they would get their share of the value the company created, Lucy and I argued....
...The combined group will be renamed Barratt Redrow and build roughly 22,000 homes a year. The companies said they expected annual cost savings of £90mn, and combined revenues of £7.5bn....
...However, the outlook for the property market has brightened as mortgage rates continue to ease and real household incomes are expected to improve as inflation eases further....
...“Westminster’s priorities are clear for all to see,” she said. Loans from the fund are typically extended for up to 20 years, secured against property assets and carrying a “commercial” interest rate....
...to be converted into residential properties without planning approval....
...“Families who host on Airbnb will benefit from clear rules that support their activity, and local authorities will get access to the information they need to assess and manage housing impacts and keep communities...
...Rising debt costs and falling property values across the commercial real estate market have inflicted losses on some lenders, particularly on buildings that were highly leveraged during years of low interest...
...It’s been clear for nearly a year that regional banks’ fates could turn on their exposure to commercial real estate markets, and New York Community Bancorp just gave investors a very jarring reminder....
...One thing is clear: he is not afraid to dream big, branded property dreams. WeWork is clearing away some of the excesses he brought to the business....
...“Clearly the upcoming spring selling season is the next key catalyst for the sector and [the] key is how quickly Persimmon can build its site numbers back,” he said....
...I am trying to look forward to spring and summer while gazing out at the pouring rain. Any tips on furnishing a garden for all seasons? A very interesting question indeed....
...While Halifax attributed the December increase to a shortage of properties on sale, the house price and PMI figures add to evidence that the property market is improving as mortgage rates fall and builders...
...Much will hinge on what assistance, if any, the government provides in the spring Budget on March 6....
...The position in relation to legal ownership of the property is clear: you and your friend were the joint legal owners, as you intended....
...Shadow housing minister Matthew Pennycook said the CMA report rightly drew attention to the “limitations of speculative private development” and made clear “more fundamental interventions are required”....
...Chinese policymakers are struggling with a multiyear crisis in the country’s property sector, as well as deflation and poor investor sentiment....
...Today, however, Oceanwide Plaza remains unfinished and its parent company is out of money....
...It is now targeting £1.5bn in pre-tax profits between the current year and spring 2026 — implying a modest reduction in its forecast. Shares fell 2 per cent in early trading....
...market should see a seasonal pick-up in transactions next spring”....
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