Scramble for homes to send rents soaring 7%

Scramble for homes to send rents soaring 7%

The Times revealed last month that the government was warned that the scheme carried a “high risk” of distorting the housing market before it was introduced. The scheme offers a 5 per cent tax rebate on the first €400,000 of a new home worth up to €500,000. The government estimated that it would
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Readers on Republicans' tax plan: They finally managed to pass a big bill

Sadly, the biggest, most unadulterated hypocrisy is reserved for our president, who shamelessly said the tax plan would “cost me a fortune.” Trump has, once again, proved that fake news exists, and that he is its biggest perpetrator. Ken Derow; Swarthmore, Pa. More: Senate tax bill is life or death for
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UK Business Lobby Says Get Used to Subdued Economic Growth

The U.K. economy's “lukewarm” growth will continue for some time and may even weaken in coming years, according to the Confederation of British Industry. In its latest outlook, the CBI sees expansion of 1.5 percent next year and 1.3 percent in 2019, which would be the worst annual performance since
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FE Best Banks Awards: Best banks bank on the best

For the 2015-16 awards, the jury's canvas was a much larger one across banking products, fintech companies, non-banking financial companies (NBFC), apps and retail savings products. Chairman S Ramadorai, former chairman of Tata Consultancy Services, and his team — R Shankar Raman, CFO,
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Greens push wish list for banking inquiry

Malcolm Turnbull's “backflip with a full pike and double twist” on a banking royal commission last week was welcomed by Greens senators. Nevertheless, the minor party is continuing to fight for the terms of reference to be expanded after writing to Treasurer Scott Morrison on Friday. “A slap on the wrist,
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Ivory Coast Confident 'Turbulent' 2017 Is Over

Ivory Coast Finance Minister Adama Kone said the upheaval of 2017 is unlikely to be repeated after a year in which the nation had to bow to the pay demands of mutinous soldiers and striking government workers while prices for it's biggest export plummeted. The West African nation received financial
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The Nation's Housing: Lenders getting more flexible on key mortgage qualifications

Fannie Mae's recent survey of mortgage lenders found they have eased up on certain key requirements, making it simpler for first-time buyers and others who can't pass all the strict tests to get approved. In recent months, standards on debt-to-income ratios, minimum down payments and student loan
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WeWork co-working spaces disrupt office and real estate market

WeWork, with a whopping valuation by investors of $20 billion, has taken the lead in the co-working space and in the process is disrupting the office and real estate market. “At WeWork, we want to create a world where people work to make a life, not just a living,” says chief executive Adam Neumann,
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What's in SOFTBANK CORPORATION ORD (OTCMKTS:SFTBF) After Rise in Shorted Shares?

(OTCMKTS:SFTBF) were released by: Reuters.com and their article: “SoftBank offers to buy Uber shares at 30 percent discount” published on November 28, 2017 as well as Bloomberg.com's news article titled: “SoftBank Profit Tops Estimates as Sprint Merger Talks End” with publication date: November
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Bitcoin: Will we ever actually bank with it?

Born of utopian and libertarian ideals, the crypto-currency movement seeks to establish a peer-to-peer online method of exchange to liberate free exchange from the heavy hand of government and the banking sector. In reality, Bitcoin is just the first – and most hyped – of what is now a thriving ecosphere
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Somewhat Favorable Media Coverage Somewhat Unlikely to Impact New York Mortgage Trust …

Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. New York Mortgage Trust earned a news impact score of 0.17 on Accern's scale. Accern also gave press coverage about the real estate investment trust an impact score of
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National housing values hold steady in November

“The three months to November saw Perth dwelling values rise by 0.3%. In addition to values moving off their low base, settled sales are rising (+3.8% year on year), homes are selling faster (59 days compared with 68 days a year ago) and advertised stock levels have reduced substantially (-12.7%
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Central banking has never looked more daunting

The Bank of England's Monetary Policy Committee has just celebrated its 20th birthday. In its first decade, growth was steady and inflation close to target. We — along with our peers — thought we had this central banking business cracked. Nemesis arrived in the shape of the global financial crisis.
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FNF Group of Fidelity National Financial, Inc. (FNF) Shares Bought by DekaBank Deutsche …

DekaBank Deutsche Girozentrale raised its position in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 101.9% in the 3rd quarter, according to the …. The Fidelity National Title Group segment consists of the operations of FNF's title insurance underwriters and related businesses.
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Analysts Set SodaStream International Ltd. (SODA) PT at $75.33

SodaStream International logo Shares of SodaStream International Ltd. (NASDAQ:SODA) have received a consensus rating of “Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating
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Thompson promoted at Stockman

Her new responsibilities include assisting in the creation and monitoring of compliance programs with emphasis in secondary market lending; planning, conducting, and reporting on various compliance audits; and tracking regulatory and bank policy changes for Stockman Bank's 34 statewide locations.
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361 Capital LLC Buys New Stake in Federal Agricultural Mortgage Corporation (NYSE:AGM)

Federal Agricultural Mortgage logo 361 Capital LLC bought a new stake in shares of Federal Agricultural Mortgage Corporation (NYSE:AGM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,329 shares of the
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Couple could be left £20000 out of pocket after simple Santander banking mistake

“The recipient bank will then contact their account holder requesting their consent to debit their account within two business days of the receipt of the query. “If the account holder consents, the funds will be returned to the sender, however, if consent is not provided or they can provide evidence that they
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Must-Reads of 2017: Yes, "Grant" Is Great

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Matthew Winkler at mwinkler@bloomberg.net. To contact the editor responsible for this story: Katy Roberts at kroberts29@bloomberg.net. Before it's here, it's on
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