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....The good news for some is that rents have apparently been falling in parts of the country: in April, lettings agency Your Move said typical rents in London had declined sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year earlier. In March, Countrywide, the UK’s biggest estate and lettings agency, said rents in Britain had recorded their first annual drop for six years. ... [Read full article on Guardian ]
Friday 12th of May 2017 07:01:11 AM
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Latest Finance News related to Countrywide

One in three tenants borrow money to pay rent, says Shelter image
Source : Guardian [Read Article] Friday 12th of May 2017 07:01:11 AM
....The good news for some is that rents have apparently been falling in parts of the country: in April, lettings agency Your Move said typical rents in London had declined sharply, with new tenants in the capital typically paying almost £100 a month less than their counterparts a year earlier. In March, Countrywide, the UK’s biggest estate and lettings agency, said rents in Britain had recorded their first annual drop for six years. ...
London rents fall sharply as monthly bill drops across UK image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....4% in a year. The figures broadly tally with data from Countrywide, the UK’s biggest estate and lettings agency, which said in March that rents in Britain recorded their first annual drop for six years. ...
Canals offer alternative to London property ladder image
Source : Guardian [Read Article] Monday 24th of April 2017 08:56:18 AM
....It’s not hard to figure out what is fuelling this trend. Research from lettings agent Countrywide indicates the average London landlord charges between £1,289 and £2,318 a month, while Nationwide says the typical first-time buyer needs a £65,600 deposit to get a foot on the property ladder. ...
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
.... But estate agents said the period of uncertainty will be short. Alison Platt, the chief executive of estate agency network Countrywide, said past trends have shown a clear correlation between general elections and levels of sales in the property market. ...
Rents fall for first time in six years image
Source : BBC [Read Article] Monday 13th of March 2017 09:20:45 AM
. The average monthly rent for newly-let properties has fallen for the first time since late 2010, according to estate agency Countrywide. ...
UK average annual rents fall for first time in six years image
Source : Guardian [Read Article] Monday 13th of March 2017 06:00:24 AM
....In February, the average rent in Britain was £921 a month, £5 lower than a year earlier, and the first annual decrease since 2011. Countrywide, which compiled the figures, said the buying frenzy ahead of the hike in stamp duty last year pushed up the supply of new homes for letting by 10%. ...
UK house prices to rise marginally in 2017, says Halifax image
Source : Guardian [Read Article] Wednesday 28th of December 2016 12:01:20 AM
.... Nationwide said it is expecting a gain of “around 2%” in 2017, while surveyors’ body Rics has plumped for 3%. But the UK’s largest estate agency, Countrywide, predicts a 1% fall in 2017, citing Brexit-fuelled uncertainty and higher inflation. ...
UK housing market: what to expect in 2017 image
Source : Guardian [Read Article] Monday 26th of December 2016 04:11:22 PM
....” For 2017, Rics has forecast growth will fall by half, to 3%. The UK’s largest estate agency group, Countrywide, has a gloomier outlook and has predicted a 1% fall in 2017, with Brexit-fuelled uncertainty and higher inflation fuelling the drop. ...
Barclays refuses to settle with US DoJ over 'craptacular loans' image
Source : Guardian [Read Article] Friday 23rd of December 2016 05:37:13 PM
....It accuses Barclays of selling investors RMBS “backed by loans it knew were made to borrowers who were not creditworthy and which were supported by house appraisals it knew were inflated”. The DoJ said Barclays was not lending to customers itself but using loans from mortgage lenders Fremont, New Century, WMC, Countrywide, and IndyMac as the basis of the bonds it was selling. ...
House prices to rise 2% in 2017, says Rightmove image
Source : Guardian [Read Article] Monday 12th of December 2016 12:01:41 AM
....7% cheaper than in December 2015, at an average of just under £1m. Separate figures from estate agency Countrywide show that rents in London fell by 0. ...
Hammond's £400m for venture capital funds is no joke – unfortunately image
Source : Guardian [Read Article] Thursday 24th of November 2016 08:28:46 PM
....Forget the government’s plan to ban letting agents from charging fees to tenants. Estate agents’ real troubles are more basic: housing transactions are plunging – or “running significantly below 2015”, in the more restrained language of Countrywide, the UK’s largest operator. ...
Countrywide shares plummet as transactions fall image
Source : BBC [Read Article] Thursday 24th of November 2016 09:49:08 AM
. Shares in the UK's biggest estate agent, Countrywide, have plummeted following the publication of its gloomy report on the property market. ...
FTSE 100 recovers ground lifted by Direct Line image
Source : BBC [Read Article] Thursday 24th of November 2016 09:39:32 AM
...."Our continued strong e-commerce performance and our collaboration with our dedicated franchisees, enable us to increase our UK presence significantly," said chief executive David Wild. However, fellow FTSE 250 company Countrywide saw its shares dive 12% after it warned that its full-year profits were set to be at the low end of expectations. ...
Countrywide warns over profits amid housing slowdown image
Source : Guardian [Read Article] Thursday 24th of November 2016 08:56:50 AM
....Shares in the UK’s biggest chain of estate agents slumped by more than 12% after the company reported a big drop in London property transactions and warned that Brexit was undermining buyers’ confidence. Countrywide, which operates more than 50 agencies around the UK including Bairstow Eves, John D Wood and Hamptons International, said there had been a 29% plunge in the number of homes it sold in the capital in its most recent three months and warned that profits in the full year would be at the lower end of market expectations. ...
Don't mistake autumn statement for infrastructure splurge | Nils Pratley image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 07:15:03 PM
....Estate agents’ share prices tell the story: they will be hurt by the ban on letting agents’ fees charged to tenants. London-based estate agent Foxtons fell 14%; Countrywide, the UK’s largest agency, was 5% lower. ...
Estate agency shares slide ahead of letting fees clampdown image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 11:39:02 AM
....Shares in some of Britain’s biggest estate agencies fell sharply on Wednesday as the chancellor used his first autumn statement to ban upfront fees charged by letting agents. Roughly £70m was wiped off the combined value of Foxtons and Countrywide after Philip Hammond confirmed a clampdown to prevent tenants from being forced to pay administrative costs for simple things such as inventory and reference checks. ...
FTSE 100 higher but estate agents hit image
Source : BBC [Read Article] Wednesday 23rd of November 2016 08:49:50 AM
....37, with United Utilities among the top risers, up 3%, after it posted a small increase in half-year profits. But in the FTSE 250, news of the ban on letting agents' fees hit shares in Countrywide, which dropped 3. ...
Autumn Statement 2016: Lettings agent fees will be banned image
Source : BBC [Read Article] Wednesday 23rd of November 2016 12:15:44 AM
...." . Agents saw some of the biggest falls in company share prices in early trading, with Foxtons down 11%, Countrywide down nearly 6%, and Savills also falling slightly. ...
Will rents go up if unfair letting fees are banned? image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:01:49 AM
. When Rory Gray moved into a one-bed flat in Exeter last year, it wasn’t the £650 a month rent that really irked him – but the £800 in fees demanded by the letting agent, part of Britain’s biggest agency, Countrywide. ...
Homebuyers return but struggle to find suitable properties, says Rics image
Source : Guardian [Read Article] Thursday 10th of November 2016 12:01:17 AM
.... This means rents are likely to fall in the next three months in the capital, in marked contrast with the rest of the country where rental growth expectations picked up, to 34% from 15% in the three months to June. The booming rental market could outstrip house buying for the first time since the 1930s next year, the UK’s biggest estate agency chain Countrywide has predicted. ...
Are we on the verge of a crash in house prices? Only the data will tell | Danny Dorling image
....The total loss for all those people who bought a property in the run-up to the EU referendum is over £1bn. Zoopla is part owned by the Daily Mail and General Trust PLC, and the estate agent Countrywide. ...
Top London home values to crash by up to SIX PER CENT this year, say experts image
Source : Daily Express [Read Article] Monday 22nd of August 2016 11:20:00 AM
. So-called prime property values in the capital are expected to fall largely as a result of the extra stamp duty introduced on second home buyers earlier this year, said Countrywide. ...
House prices to fall 1% in 2017, predicts Countrywide image
Source : Guardian [Read Article] Sunday 21st of August 2016 11:01:29 PM
....House prices will fall next year as the economy weakens following the vote to leave the EU, Britain’s biggest estate agent has predicted. Prices will fall by 1% in 2017 after weakening in the second half of this year with all regions affected except Scotland, where prices will remain unchanged, according to Countrywide. ...
Property market hit by Brexit, real estate company warns image
Source : Guardian [Read Article] Friday 22nd of July 2016 09:34:31 AM
....30am were down 7% to 230p – their lowest since November 2012. Rivals Countrywide were down 7% and Foxtons was off more than 4%. ...
Five-minute guide to…lowest-ever fixed mortgage rates image
Source : Daily Express [Read Article] Sunday 26th of June 2016 09:28:00 AM
.... . It is available through HSBC branches, over the telephone, online or through mortgage brokers Countrywide, London & Country, Springtide Capital, Alexander Hall and SPF Private Clients. ...
How much of your income do you spend on rent? image
Source : Guardian [Read Article] Monday 13th of June 2016 11:23:13 AM
. The average cost of a new tenancy on a one-bedroom home hit £746 a month in May, taking up 48% of the take-home pay of a worker aged under 30, data from property firm Countrywide showed. ...
Cost of renting one-bed property soars in UK image
Source : Guardian [Read Article] Sunday 12th of June 2016 11:01:35 PM
....The cost of renting a one-bedroom property in the UK has risen to swallow almost half of the average young worker’s take-home pay, according to figures, while those living in London are typically handing over 57% of their monthly wages. The average cost of a new tenancy on a one-bedroom home hit £746 a month in May, taking up 48% of the take-home pay of a worker aged under 30, data from property firm Countrywide showed. ...
Average asking price for first-time buyer home jumps 6.2% in a month image
....”. Research by estate agents Countrywide showed the average price paid by investors fell by 8. ...
Rents rise across almost ALL of Britain as new landlord tax takes effect image
Source : Daily Express [Read Article] Friday 6th of May 2016 04:50:00 PM
....From April 1, anyone buying a home for buy-to-let is required to pay an additional three per cent in stamp duty, typically adding thousands of pounds extra to the upfront cost. For a typical landlord the added tax will be the equivalent of 11 months - almost a full year - of earnings, according to estate agent Countrywide. ...
Shire and Weir bosses feel sting of investor ire as pay revolts widen image
Source : Guardian [Read Article] Thursday 28th of April 2016 01:38:02 PM
.... “We thought he was such a good and such an obvious candidate,” he said. At the estate agents Countrywide, there was a 20% vote against pay while Barclays faced criticism of its pay, culture, the cut to its dividend and any possible links to the Panama Papers – although at the end of the long meeting it escaped a rebellion over pay with a 6% protest vote. ...
Beach hut sells for £153,000 - more than a nearby FIVE bedroom home image
Source : Daily Express [Read Article] Thursday 21st of April 2016 03:58:00 PM
....But on the plus side the property - unsurprisingly - comes with unrivalled sea views. Tony Webber, auction surveyor at Beresford Adams Countrywide Auctions, said: "We are absolutely delighted that we managed to secure such a price for the seller. ...
Stamp duty U-turn brings tax relief for ‘granny flat’ buyers image
Source : Guardian [Read Article] Saturday 16th of April 2016 06:00:11 AM
....”. Johnny Morris, research director at Countrywide, estimates around 140,000 properties have annexes, with most not worth more than a third of the total value. ...
If lettings agents are disclosing fees, I can’t see them image
Source : Guardian [Read Article] Saturday 26th of March 2016 07:01:21 AM
....So I decided to go “mystery shopping” on letting agents websites this week to find just how transparent the industry has become. My first stop was Countrywide, because it won “lettings agency of the year 2015”. ...
City news: Domino's, Costa coffee, BHS image
Source : Daily Express [Read Article] Friday 4th of March 2016 12:01:00 AM
....The Financial Conduct Authority, which has been assessing whether customers locked into a pension and other savings plans have been fairly treated compared with new customers, said it found examples of poor practice. Prudential, Old Mutual, Abbey Life, Countrywide, Police Mutual and Scottish Widows have been put under the spotlight. ...
Probe into six insurers could mean COMPENSATION for pension savers image
Source : Daily Express [Read Article] Thursday 3rd of March 2016 05:27:00 PM
....People who remain customers could see exit and paid-up charges on the policies scrapped altogether, after the Financial Conduct Authority (FCA) revealed concerns over the fees. Abbey Life, Countrywide, Old Mutual, Police Mutual, Prudential and Scottish Widows are being probed to determine if they failed to make customers fully aware of fees and see if further action is needed. ...
Source : Reuters [Read Article] Thursday 3rd of March 2016 10:46:29 AM
.... Britain's Financial Conduct Authority has launched a probe into six insurance firms including Prudential and Old Mutual as part of a review into the treatment of long-time life insurance customers. The other firms identified were Abbey Life, Scottish Widows, Countrywide and Police Mutual. ...
Insurers face exit fees investigation image
Source : BBC [Read Article] Thursday 3rd of March 2016 10:13:00 AM
....These included "paid-up fees", where customers stop paying premiums but are still in the policy. The fresh investigation will focus on the explanation of charges after December 2008 at six firms - Abbey Life, Countrywide, Old Mutual, Police Mutual, Prudential and Scottish Widows. ...
Six   firms investigated over pension exit and transfer charges image
Source : Guardian [Read Article] Thursday 3rd of March 2016 09:40:27 AM
....The review has focused on 11 insurers, and found a mixed picture, with most of the firms demonstrating good practice in one or more areas and poor practice in others. The companies being investigated are Abbey Life, now owned by Deutsche Bank; Scottish Widows, part of Lloyds Banking Group; Countrywide; Police Mutual; Prudential and Old Mutual. ...
Source : Reuters [Read Article] Thursday 3rd of March 2016 08:02:47 AM
....L) over their treatment of long-time life insurance customers. The other firms involved were Abbey Life, Scottish Widows, Countrywide and Police Mutual, the Financial Conduct Authority (FCA) said. ...
Time for the annual bank results bust-up image
Source : Guardian [Read Article] Sunday 21st of February 2016 09:59:21 AM
.... It has so far declined to comment. After a quiet half-term week, there’s a veritable deluge of company news on the way this week, including results from housebuilders Barratt, Bovis and Persimmon, online property portal Rightmove and Britain’s biggest estate agent, Countrywide. ...
Countrywide upgrades profit forecast as property market conditions improve image
Source : Telegraph [Read Article] Thursday 21st of January 2016 02:13:30 PM
.... . Countrywide made the u-turn after an "encouraging" performance in the fourth quarter of 2015, driven by its financial services and commercial operations. ...
Jump in two-bed flats for sale after buy-to-let clampdown image
Source : Guardian [Read Article] Monday 18th of January 2016 12:01:02 AM
....There is little sign of relief for struggling tenants, with separate data showing rents are rising. The Countrywide lettings group said the average rent in the UK rose by 3. ...
Short-seller has Sainsbury in sights after bid failure image
Source : Telegraph [Read Article] Saturday 9th of January 2016 08:00:45 PM
.... . The hedge fund has made a host of wagers against London-listed firms, including Amec and Countrywide, and was among a number of funds that were stung by the 41. ...
Huge leap in number of people cashing in and moving out of London in 2015 image
Source : Guardian [Read Article] Saturday 26th of December 2015 12:01:09 AM
....High costs in London where, according to the Office for National Statistics, the average price of a home is now above half a million pounds, have also forced first-time buyers and those looking for more space to move out. The Hamptons research, based on figures from the UK’s largest estate agency, Countrywide, which it owns, found that the number of people moving out to buy their first home was up by 70%, or 11,000, over 2014’s figure. ...
New landlord tax will cost up to 14 months of income  image
Source : Daily Express [Read Article] Monday 14th of December 2015 10:13:00 AM
.... Buyers in London, the South and the East of England will have to pay an additional £6,000, as a result of the tax and soaring home values. Many critics have said the tax will hurt tenants hardest with rents predicted to jump even faster, as investors strive to offset the additional charge - newly let rents have already increased by 2 per cent year on year, according to Countrywide. ...
Investors got ECB odds wrong but Draghi could pay hefty price image
Source : Guardian [Read Article] Thursday 3rd of December 2015 08:02:25 PM
....At first glance, a £240m valuation for Purplebricks, one of the new breed of online estate agents, is ludicrous. The business launched in April last year and is already being valued at half debt-free Foxtons’ market capitalisation (£500m), or more than a quarter of the giant Countrywide’s (£900m). ...
.... . "Historically low interest rates mean that for those that can raise a deposit, housing is cheaper to own in most parts of the country relative to disposable income," said Johnny Morris, research director at Countrywide. ...
Housing plans boost builders' stocks before autumn statement image
Source : Guardian [Read Article] Wednesday 25th of November 2015 10:40:23 AM
.... Estate agents joined in, although their gains were slightly more muted, with Foxtons up 2. 5% and Countrywide 1. ...
Number of new homes up by 25% image
Source : Guardian [Read Article] Thursday 12th of November 2015 12:17:32 PM
....Ed Mead, director of estate agency Douglas & Gordon in west London, said that about a quarter of the new homes he was selling were a result of the permitted development rights allowing the change from offices. Johnny Morris, research director at property firm Countrywide, said many lower value office blocks had been converted to flats, “with plenty more in the pipeline”. ...
Buy-to-let investors are putting the squeeze on first-time buyers image
Source : Daily Express [Read Article] Wednesday 11th of November 2015 09:17:00 AM
....Since 2005 investors have snapped up more than 1. 55 million residential properties, according to new research from Countrywide. ...
Annual house price growth 'speeds up' image
Source : BBC [Read Article] Thursday 5th of November 2015 08:36:12 AM
....He added that demand was likely to outstrip housing supply over the coming months, "maintaining upward pressure on house prices". This lack of supply has caused problems for estate agent group Countrywide - whose brands include Hamptons and Bairstow Eves. ...
How long will the buy-to-let boom last? image
Source : Guardian [Read Article] Wednesday 4th of November 2015 12:46:53 PM
.... Prices are higher in Uxbridge, at an average of £363,152, but landlords benefit from high rents averaging £21,568 a year. On the subject of capital growth and rental yield, Johnny Morris, research director at estate agent Countrywide, says: “Over the long term, rents tend to grow in line with incomes, with shorter-term market forces pushing prices up or down. ...
Market Report: Investors cheer as Al Noor health care battle hots up image
Source : Telegraph [Read Article] Wednesday 14th of October 2015 05:27:50 PM
.... The raft of IPOs in the sector was also deemed a reason, as investors may be hoping to invest elsewhere, such as McCarthy & Stone. Estate agents were also weaker, with Foxtons and Countrywide falling 6. ...
McCarthy & Stone unveils IPO to fund housing boom for 'last-time buyers' image
Source : Telegraph [Read Article] Wednesday 14th of October 2015 08:48:39 AM
...." . Crest Nicholson, Foxtons and Countrywide are among the property companies to have joined the stock market in recent years as the real estate market has recovered. ...
London to become a place 'we work but don't live' image
Source : Telegraph [Read Article] Monday 12th of October 2015 05:00:26 AM
.... . New research from the UK's largest estate and lettings agent, Countrywide, has revealed that 63pc of tenants who are taking their first step on the property ladder are moving outside London where they are finding that homes on average are £93,000 cheaper. ...
Jobs crisis looming as entry-level workers driven out of London by soaring rents image
.... Renting in the capital is also becoming prohibitively expensive for many. It now costs £2,583 a month to rent property in central London, according to Countrywide, and the cost of renting a one-bedroom flat in Greater London is now 22pc more than it was five years ago, according to the Valuation Office Agency. ...
Bank of America boss Brian Moynihan under pressure image
Source : Independent [Read Article] Tuesday 8th of September 2015 05:15:00 AM
....Mr Moynihan, 55, has held the dual roles since October 2014, when Charles Holliday stood down as chairman. At that point the second-biggest lender in the US had argued that the separation of the roles, which took place in 2009, was no longer needed because it had overcome the problems created by its takeovers of Countrywide and Merrill Lynch at the height of the financial crisis. ...
London housing crisis: £480 a month for a bed, in a shed, in the lounge image
Source : Guardian [Read Article] Wednesday 2nd of September 2015 03:56:11 PM
.... But it is just the latest sign of how desperate the London housing market has become. It now costs an average £2,583 a month to take on a rented property in central London, according to Countrywide, the UK’s largest property services company, making the capital one of the most expensive cities in the world for renters. ...
Paying a high price for the ultimate city lifestyle image
Source : Telegraph [Read Article] Friday 28th of August 2015 09:35:30 PM
.... . Outside the capital, Bristol, Bath and Cambridge are considered “very green” but in general our cities have far less parkland than London, says Johnny Morris, director at Countrywide. ...
Pace of rent rises quickens as average UK rent reaches £937 a month image
Source : Guardian [Read Article] Sunday 23rd of August 2015 11:01:14 PM
....6% on a year before, compared with a 3. 8% rise in June, according to research by Countrywide, the UK’s largest property services company. ...
Mapped: Where affordable meets desirable - the best places to live in Britain image
.... . • The ranking is based on the average house price as recorded by Countrywide - the largest estate agent in the UK - and the Office of National Statistics Life Satisfaction Index. ...
Co-op Bank let off from £120m fine to keep hedge funds sweet, says chief image
Source : Telegraph [Read Article] Saturday 15th of August 2015 07:00:25 PM
.... . Similarly in the US Bank of America has faced major legal bills relating to the acquisition of Countrywide, another merger which was encouraged by officials. ...
HellermannTyton surges on Delphi Automotive takeover image
Source : Telegraph [Read Article] Thursday 30th of July 2015 05:13:08 PM
.... . Countrywide also fell into negative territory, suffering its biggest one-day drop in two years, as half-year pre-tax profits slumped 22pc due to political uncertainty prior to the general election. ...
BTG jumps after bullish broker note image
Source : Telegraph [Read Article] Thursday 2nd of July 2015 05:09:50 PM
Hunters to announce flotation amid aggressive expansion drive image
Source : Telegraph [Read Article] Sunday 14th of June 2015 11:01:15 PM
.... . Hunters wants to become the UK’s largest estate agency, taking the business from a valuation of £20m to £100m by 2018, and rivalling the market leader, Countrywide. ...
£800 agency fee … to rent £650-a-month one-bed flat image
Source : Guardian [Read Article] Saturday 30th of May 2015 05:59:04 AM
.... It is the latest evidence that the shortage of properties across England and Wales is enabling agents to squeeze tenants for “huge and disproportionate fees”. Guardian Money reader Rory Gray, who recently moved to Exeter from Germany, was sent the demand by Fulfords estate agency in Exeter, which is part of the UK’s largest property group, Countrywide. ...
Election to blame for house price fall in early May image
Source : Independent [Read Article] Monday 18th of May 2015 06:58:00 AM
.... This was the first fall at this time of year since the last bout of pre-election jitters hit the market in May 2010. Agents like Foxtons and Countrywide suffered from low activity before the election. ...
Seven sectors fuelling the election rally image
Source : Guardian [Read Article] Friday 8th of May 2015 09:51:33 AM
....Housebuilders and estate agents. Labour had pledged to introduce a mansion tax on homes worth £2m or more to fund the NHS and also cap rent increases in the private sector to make housing more affordable for tenants, hence a sharp rally in shares in estate agents Savills, Foxtons and housebuilders Countrywide and Berkeley. ...
FTSE 100 and sterling surge after shock election result image
Source : Guardian [Read Article] Friday 8th of May 2015 06:14:42 AM
....The pound surged and London’s blue chip index raced ahead following the shock result in the UK general election which returned David Cameron to Downing Street with a majority. The FTSE 250 index - a broader measure of the UK economy - reached an all-time high as bookmaker Ladbrokes leapt 9%, as did housebuilders Countrywide and Berkeley and Savills and Foxtons, the estate agency chains. ...
Housebuilders slip ahead of election but Goldman remains positive image
Source : Guardian [Read Article] Tuesday 5th of May 2015 11:58:12 AM
.... As a reminder, we are buy rated on Taylor Wimpey (on Conviction List), Bovis Homes, Bellway, Crest Nicholson, and Redrow. We remain neutral rated on Countrywide, Foxtons. ...
Foxtons blames election for slowdown in London property market image
Source : Guardian [Read Article] Thursday 30th of April 2015 07:15:35 AM
....Foxtons does not expect the market to pick up until there is “some sort of certainty” after the election. Rival company Countrywide, Britain’s biggest estate agent, warned on Wednesday that market transactions in the first six months of this year would be “significantly below” last year’s levels due to the election, but it forecast a recovery in the market in the second half of the year. ...
MARKET REPORT: RSA Insurance falls depsite profit return image
Source : Daily Express [Read Article] Friday 27th of February 2015 07:49:00 AM
....A bullish outlook following a 13 per cent rise in annual profi t to £535million failed to prevent outsourcer Capita slipping 15p to 1181p, while drugs giant GlaxoSmithKline firmed 8óp to 1554p as it announced that chairman Sir Christopher Gent would be succeeded by outgoing Royal Bank of Scotland chairman Sir Philip Hampton. Gaming software firm Playtech gained 39p to 777p after record annual adjusted pre-tax earnings of £152million, while estate agent Countrywide moved up 30óp to 541óp as healthy annual fi gures outweighed concerns the property sector could slacken in the run-up to the general election. ...

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