Property News
U&I blames Brexit delays for reduced target
U&I reduced its target for trading gains for this year, blaming Brexit uncertainty for delayed investment decisions.
Purplebricks gains on takeover talk
Purplebricks shares rose on speculation that a US private equity firm was considering buying the online estate agent's UK business.
Housebuilders face competition probe over leases
The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.
Retail woes hit British Land's annual results
Falling retail property values hit British Land last year as doubts increased about the future of bricks and mortar shopping in the UK.
Civitas upbeat on outlook as values increase
Civitas Social Housing published an upbeat outlook as the specialist real estate investment trust reported an increase in the value of its properties.
Derwent says demand is strong for London properties
Derwent London said demand for its properties was strong as rental income at the real estate investment trust increased.
Purplebricks founder Michael Bruce quits as CEO
Purplebricks’ founder Michael Bruce quit as chief executive with immediate effect on Tuesday as the hybrid estate agent apologised to shareholders for poor performance.
Mortgage market activity picks up, BoE figures show
Mortgage market activity picked up in March as households borrowed an extra £4. 1bn secured on property, Bank of England figures showed.