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Remortgaging
Mortgage lending to older UK borrowers slumps
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
February 19, 2024
UK housebuilding
Goldman-backed housebuilder to build Europe’s largest home factory in the UK
...Ilke, TopHat and L&G are each lossmaking as they try to build scale. TopHat said it expects to hit profitability by 2024....
June 20, 2022
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK interest rates
UK mortgage rates set to fall after BoE knife-edge vote
...The very best rates have been slowly nudging down but positive inflation figures and the hold to base rate should add momentum to that trend,” said David Hollingworth, associate director at broker L&C Mortgages...
September 21, 2023
UK housebuilding
UK housebuilders welcome Starmer’s pledge to develop new towns
...Sir Nigel Wilson, chief executive of L&G, said that meeting the UK’s housing needs required “national and local collaboration coupled with modernisation of planning and construction, improvements to funding...
October 10, 2023
Fashion shows
Bespoke dog clothes and diamond-studded glasses at Paris couture week
...A tank dress in putty-coloured sequins and baguette rhinestones presented a more wearable option for the Oscars, (perhaps minus the trompe l’oeil outline of boxer shorts)....
January 25, 2024
HTSIThe HTSI Paris special
The magisterial remastering of the Grand Palais
...In 2017, a 37m-high rocket inscribed with Chanel’s double-C logo almost did, rising up like a NASA simulator at the end of its AW17 presentation....
March 20, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Municipal bonds
Municipalities aren’t going to drive US economic growth
...Even so, the act’s “funding is fixed in nominal terms over a 5-year period and rapid inflation in the cost of non-residential construction is likely to absorb most of the additional funds, as was the case...
July 11, 2023
Mortgages
Wealthy UK borrowers face interest-only mortgage payment shock
...On an interest-only deal, that would fall to £917 a month, according to broker L&C Mortgages....
July 14, 2023
Mortgages
UK mortgage guarantee scheme extended by a year
...David Hollingworth, director at mortgage broker L&C, suggested the government’s original timeline for withdrawing the scheme now appeared out of kilter with market sentiment....
December 19, 2022
UK politics
Affordable UK home building hindered by post-Grenfell fire safety costs
...Huge bills for fire safety work on residential tower blocks will “have a devastating impact” on the number of new affordable homes built in the UK, leading housing associations have warned....
May 4, 2021
UK economy
UK banks withdraw first-time buyer mortgages in wake of ‘mini’ Budget
...David Hollingworth, director at mortgage broker L&C, said many lenders were yet to return to the high loan-to-value market in the wake of the “mini” Budget....
October 24, 2022
FT SeriesThe HTSI Property issue 2022
Prime property’s movers and shakers
...Plus, a classic Provençal mas in towns and villages like Ménerbes, St-Rémy, L’Isle-sur-la-Sorgue, Gordes (where Knight Frank is selling a seven-bedroom house for €2.35mn) and, of course, Cézanne’s native...
November 4, 2022
House & Home
New-generation retirement housing for LGBT+ people
...Construction was supported by Sage, an operator of day centres for older LGBT+ people throughout New York City....
November 11, 2022
Transcript
The Biden scorecard
...If you look at the Department of Energy’s data on residential electricity costs, I mean, those have increased in a way we haven’t really seen in recent history....
October 5, 2023
Mortgages
Mortgage rates: act fast as increases loom
...“The base rate changes are coming thick and fast,” says David Hollingworth, director at mortgage broker L&C....
September 16, 2022
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Travel
43 holidays to take in 2024
...Forthcoming highlights include, on May 16, Cimarosa’s rarely heard L’Olimpiade (not strictly an opera about the Olympics, though Paris 2024 is clearly its peg and the games are alluded to in its libretto...
December 30, 2023
UK interest rates
Mortgage misery for millions following rate rise
...“The people who are going to feel this immediately are on the variable deals — particularly those on standard variable rates,” said David Hollingworth, associate director at L&C Mortgages....
August 5, 2022
HTSIHTSI spring travel special
The world’s best home-from-home hotels
...It’s this decidedly residential air that keeps guests returning to San Domenico House’s 19 supremely comfortable rooms....
May 15, 2023
Mortgages
Threat grows of UK housing market slowdown
...David Hollingworth, associate director at broker L&C Mortgages, said the rise to 1 per cent could leave borrowers on a 25-year repayment mortgage at a standard variable rate of 4.24 per cent paying an extra...
May 6, 2022
Architecture
Why modular housing is stubbornly small-scale
...Another is owned by L&G group. Despite the challenges, some modular specialists are optimistic....
February 3, 2022
House & Home
The high-end retirement homes aimed at wealthy boomers
...There is about £40bn in equity tied up in residential property owned by people over 65 in prime central London, according to estate agency Knight Frank....
September 23, 2021
The Week Ahead
Brussels plays host to some tricky international debate
...construction Results: Bank of New York Mellon Q3, Bellway FY, Canadian National Railway Company Q3, Danone Q3 sales, Deutsche Börse Q3, Halliburton Q3, Johnson & Johnson Q3, Kering Q3 sales, Netflix Q3...
October 17, 2021
Prime property
Barcelona limbo: local rules to keep property affordable put development on hold
...“So we changed direction, to be realistic, to Plan B: to convert the building into residential with commercial,” says KKH chair Josep Maria Farré....
November 23, 2021
InterviewVisual Arts
CAB Foundation — where minimal art meets mid-century design
...Since 1999, however, Bonnet has diverted his own business activity into the area of luxury residential renovations, and seems to be as compelled by houses as by art and design....
August 23, 2021
Serious MoneyStefan Wagstyl
How to level up your investment portfolio
...Laith Khalaf of AJ Bell favours big construction groups such as Balfour Beatty....
May 14, 2021

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