Homes market surges as buyers burst out of lockdown gloom and head out of town to view properties

Homes market surges as buyers burst out of lockdown gloom and head out of town to view properties Savills estate agents say interest in new homes has increased by 30 per cent There were 906 homes sold on Wednesday and 1,883 properties listed for sale The housing market has burst since lockdown restrictions were lifted midweek … Read more

Penny McNamee sells her Sydney home for $2.05million after just TWO WEEKS on the market

That didn’t take long! Home and Away star Penny McNamee sells her $2.05million Sydney home after just TWO WEEKS on the market By Alisha Buaya For Daily Mail Australia Published: 05:32 BST, 16 May 2020 | Updated: 05:38 BST, 16 May 2020 Australian actress Penny McNamee has sold her modern Sydney home after just two … Read more

MARKET REPORT: Forex group Finablr flounders after tycoon’s shares pledge

On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more

MARKET REPORT: BT bounces on rumours of Openreach stake sale

BT began to bounce back off near-record lows as rumours circulated that it was selling a stake in its Openreach engineering arm. The telecom group’s shares surged 5.4 per cent, or 5.55p, to 107.7p after reports it would use the money to bankroll a £12billion upgrade of Britain’s broadband network. Earlier this week, shares in … Read more

Property buying and selling questions answered as the market reopens

Moving house is a favourite spring pastime and some of us are now free to start the hunt for a new home to buy or rent, following the re-opening of the property market. About 373,000 property sales worth some £82 billion were put on hold during the lockdown. The early response has been enthusiastic, but … Read more

MARKET REPORT: Stark warnings on virus sends shares plunging

Stock markets around the world tumbled as mounting concerns over a prolonged economic downturn rattled investors. Share prices tanked as figures showed more than 36m Americans have claimed unemployment benefits in the past eight weeks. The market slump came as Spain’s coronavirus death toll rose to its highest in a week – prompting fears of … Read more

Buyers are demanding big discounts as housing market bursts back into life following lockdown

Buyers are seeking discounts of up to 20 per cent on properties as the housing market reawakens. Estate agents reported a surge in demand yesterday after ministers lifted a seven-week ban on home moves. But experts warned of a ‘Mexican standoff’ between buyers and sellers as fears linger over a price crash. An estimated 450,000 … Read more

MARKET REPORT: Shares on the move as housing freeze thaws

It was a rollercoaster day for estate agencies and builders as the Government lifted restrictions that brought the housing market to a standstill. As of yesterday, viewings can be carried out, estate agents can open again and removal firms and conveyancers can return to work – provided they follow social distancing protocols. It is estimated … Read more

Coronavirus UK: Homes flood the market as desperate owners battle to sell

A glut of homes for sale flooded onto property websites today after Britain’s housing market was reopened in a bid to get the country moving again during the lockdown. Some 2,150 properties have been added to RightMove in England, Wales and Scotland over the past 24 hours – a huge increase on the preceding days … Read more