News Tag: sold
December 22, 2009
New figures from HM Revenue & Customs (HMRC) show the number of homes sold in the UK falling to 87,000 in November, compared with 90,000 in October.
However, last month's total for properties worth £40,000 and above is the second-highest so far in 2009, and the dip still leaves completed transactions at over twice the 41,000 low recorded ...
House sales hold steady as RICS forecasts 2010 price rises
by Gill Montia
November 27, 2009
The Treasury has announced new measurers aimed at protecting UK mortgage borrowers.
The move follows the Government's analysis of the causes of the financial crisis, as set out in its Reforming Financial Markets paper published earlier this year.
Under the proposals, borrowers whose mortgages are sold on to third parties will be protected by Financial Services Authority (FSA) regulations, which require ...
New measures to protect UK mortgage borrowers
by Gill Montia
November 24, 2009
Struggling Japan Airlines (JAL) yesterday saw its shares close at a record low of 87 yen on the Tokyo Stock Exchange after it emerged that Mitsui & Co broking house had sold all its shares in the carrier.
A spokesperson for Mitsui & Co said it had sold all of its 11.7 million shares between the April and September period.
The ...
Japan Airlines shares fall to record low
by Kay Murchie
July 3, 2009
New evidence of a revival of the UK property market comes from auctioneers who have seen a rise of almost two-thirds in the proportion of properties attracting successful bids.
Countrywide Property Auctions says it sold around 79% of all properties going under the hammer between 28th May and 12th June, compared with 49% during the same period of 2008.
In addition, 40% of properties ...
Property auction rooms hot up
by Gill Montia
June 25, 2009
Latest figures from HM Revenue & Customs (HMRC) show a rise in the number of homes sold in the UK during May.
Transactions involving properties worth over £40,000 increased by 7% last month to 62,000 and were at their highest since October 2008.
However, they remained significantly below levels seen at the height of the housing market boom in 2007.
The news follows a 40% ...
House sales up in May
by Gill Montia
September 26, 2008
Washington Mutual (WaMu) has been closed making it the largest failure of a US bank. WaMu’s assets have been sold to banking giant, JPMorgan Chase, for $1.9bn (£1 billion).
WaMu was closed by the Federal Office of Thrift Supervision (OTS), and the Federal Deposit Insurance Corp (FDIC) has been appointed receiver.
$16.7 billion of deposits had been withdrawn in the last 10 ...
Washington Mutual closed by regulators
by Kay Murchie
