Berkeley lifts profit guidance but warns of slowing market

London-focused housebuilder Berkeley Group has warned that its bumper profits will begin to slowly decline from next year as tax reforms and political uncertainty weigh on the capital's housing market. Despite this, chief executive Rob Perrins struck an upbeat tone on Friday as the group announced
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SARAJEVO (Bosnia and Herzegovina), December 8 (SeeNews) – The World Bank said on Friday it has approved a 51.3 million euro ($60.2 million) loan to Bosnia's Serb Republic for a railways restructuring project. The project will support railway sector restructuring, one of the key priorities of the Serb
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Punters who wanted to bet against Britain in the run-up to the Brexit vote thought they'd found the perfect target in Berkeley Group Holdings Plc, a London-focused homebuilder partly reliant on inflows of foreign capital to purchase it's very expensive homes. Throw in a government decision to increase
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The first in an independent series of discussion papers commissioned by the Scottish Land Commission, 'The housing land market in Scotland: A discussion paper' addresses the “failure of housing supply in Scotland to keep up with demand” through public sector intervention to improve the operation of
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(Brown is a contributor to the Bloomberg Prophets online column.) What's more, the whales can coordinate their moves or preview them to a select few. Many of the large owners have known one another for years and stuck by bitcoin through the early days when it was derided, and they can potentially
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Retail investors are being offered an opportunity usually reserved for giant pension funds with a secured bond offered by start-up mortgage lender Bluezest. The bond will yield of 5.25% at launch, run for five years and be listed on the London Stock Exchange's retail bond market. Robert Ainscow
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But the People's Bank of China made clear that it did not agree with all of the 70-page report, particularly the stress test results and the suggestion that China's banking system was not as strong as official data shows. “While the overall assessment of China's financial system is objective and fair … we
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Closer to home in the Financial Kingdom we are finding again that the humble mortgage is an adaptable creature. Species such as repayment, interest-only and offset mortgages are well known to the general public. Newer 'lifeforms' such as self-build, shared ownership and Buy-for-Uni mortgages can
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While AR and MR will be more prevalent in sectors like healthcare, real estate, retail, etc., VR will be more into gaming and events. Blockchain and the focus on app security: The security of an app is more important than ever because of the amount of user data it contains. Moreover, the increased use of
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Mortgage credit availability increased 0.8% in November compared with October to reach a score of 182.4 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). A decrease in the MCAI indicates that lending standards are tightening, while increases are indicative of
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Proficio Capital Partners LLC now owns 2,271 shares of the company's stock worth $105,000 after buying an additional 1,963 shares during the period. Acrospire Investment Management LLC increased its holdings in shares of Mondelez International by 1,450.0% in the second quarter. Acrospire
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The abolition of stamp duty for most first time buyers in the UK should help to boost the housing market at the beginning of 2018 but overall next year is expected to be steady and stable. The latest outlook report from agents Winkworth which is represented nationwide more first time buyers should lead to
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The attorneys at Black | Mann & Graham publish residential mortgage industry specific news and changes in state and federal law to educate its community of attorneys, lenders, and … Contact National Recruiting Manager John Owens to join a winning team that loves their company and what they do!
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Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. U.K. Prime Minister Theresa May managed to kick the Irish border question far enough down the road to allow Brexit talks to move on. But Arlene Foster, who keeps her in power, hasn't gone away. In the deal agreed
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Deputy President Cyril Ramaphosa has said that buying votes is a “new disease” gripping the ANC. … Shares in Steinhoff International lost more than half their value on Wednesday after the household goods retailer said accounting irregularities will be investigated and CEO Markus Jooste resigned
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One Tory lawmaker, shuddering with relief, said although he was envious of Williamson's meteoric rise, it was worth it to see the spider gone, Bloomberg's Kitty Donaldson reports. Gavin Williamson arrives at Downing Street in London. Photographer: Luke MacGregor/Bloomberg. For more on Brexit
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… a new federal program aiming to boost the self-sufficiency of those receiving housing assistance. The plan calls for 10 community hubs, called “EnVision Centers,” located on or near public housing projects, to focus on education, leadership, health, and economic empowerment. Housing Wire reports:.
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The information-services company, which provides credit-report services, didn't disclose the price it paid for the minority stake. London & Country Chairman Mike Edge will remain the majority shareholder in the company. The two companies said the partnership is the first between a specialist mortgage
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It listed on the Hong Kong stock exchange in 2010, subsequently expanding into overseas property investment consulting, money lending and asset management. It now employs some 1,600 people, according to its website, and is led by group chairman and executive director Quincy Wong Lee-man,
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Good morning, Broadsheet readers! Another birth control study links the pill to breast cancer, a female-founded startup is gunning to be the female answer to Dollar Shave Club, and sexual harassment allegations continue to fell powerful men…Have a wonderful weekend.
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