News Tag: apartments
November 19, 2009
Barratt Developments is to focus on building houses rather than apartments, in response to lenders' preferences.
The group's chief executive, Mark Clare, says the company will build what it knows it can sell and in the case of apartments, lenders are making life difficult for mortgage borrowers by asking for deposits of 25%.
The oversupply of new-build apartments in the UK's ...
Barratt shelves apartments as lenders prefer houses
by Gill Montia
September 3, 2009
Flats and apartments are now more popular than houses in the high-end property market, it emerged this week.
London-based property consultancy firm Black Brick said whereas 12 months ago people were looking for big houses to live in as a home or second home, the focus now is on buying flats and apartments as an investment.
"We've noticed a real demand for apartments as ...
Apartments popular for high-end investors
by David Masters
