Finance
Foxtons floats for £649m
Foxtons will start life on the London Stock Exchange with a value of £649m (a cool $1bn), right at the top-end of the expected £550-650m range.
Shares in the estate agency were valued at £2.
Rollercoaster first day for Foxtons float
It's been a rollercoaster of a first day on the stock market for Foxtons (FOXT) shares, as the company offered 60% of its equity to the world.
The estate agency's share price rocketed by 19% to 274.
Osborne: “Let’s not pretend there’s a housing boom”
George Osborne has told the Institute of Directors that the property market is not overheating.
Fast Buck: Shawbrook rolls out dedicated short-term lending team
"High street challenger bank" Shawbrook has launched a dedicated short-term lending team to take on urgent deals.
Northacre puts £10m into 1 Palace Street
Northacre is putting £10m into a special purpose vehicle to develop 1 Palace Street, next-door to Buckingham Palace, and expects to complete on the former DFID offices in January 2014.
Treasury targets holiday let tax dodgers
The Treasury is launching a new campaign to chase up landlords - including those with holiday lets - who don't pay every penny of tax due on rents they receive.
HMRC estimates that up to 1.
Forward March: Chelsea Barracks works to start in “early November”
After five years of hand-wringing, head-scratching and the odd outburst from Prince Charles, it looks like the infamous Chelsea Barracks site is finally about to begin its prom queen-style transformation.
Block Solid: The enduring appeal of London’s mansion flats
Shiny new-build schemes may grab the headlines, but distinguished mansion blocks remain the connoisseur's choice in W1 and W2, outperforming other flats by 8% since 2007.
The Seven-Year Cycle: Bubble fears are premature
We can expect "a significant uplift in prices as the economy improves," according to London Central Portfolio, which argues that fears of a housing bubble are very premature.
Five Years On: How have European house prices fared since Lehman Brothers?
Remember all the cardboard boxes?
Lib Dems moot a progressive mansion tax
The Liberal Democrat's party president has come out swinging with yet another angle on the mansion tax.
House price inflation should be capped at 5% p.a. – RICS
Annual house price growth should be limited to 5%, argues the RICS today.