Real estate news

• Evergrande founder ‘being investigated for suspected crimes’

  28-09-2023 20:08
  
  Chinese group’s statement about chairman piles on the woe for once top-selling property developerThe founder of China’s Evergrande is being investigated over suspected “illegal crimes”, the group has said, as creditors become increasingly concerned about the prospects of the world’s most indebted property developer.Evergrande Group, which has more than $300bn in total liabilities, did not say whether Hui Ka Yan was still in a position to run the company, or what cri
  
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• German inflation falls to 4.5%; UK home sellers increase discounts; mortgage rates ease – as it happened

  28-09-2023 16:48
  
  Rolling coverage of the latest economic and financial newsUK mortgage payers making big changes to meet higher payments, survey findsBudget airline Ryanair has been forced to cut some flights this winter due to delays receiving 737 Max jets from Boeing.Yesterday, Ryanair said that production problems meant Boeing would only deliver 14 of the 27 aircraft due by late December, with disruptions likely to linger through mid-2024.“We are working closely with Boeing and their supplier, Spirit, t
  
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• German inflation falls to 4.5%; UK home sellers increase discounts; mortgage rates ease – business live

  28-09-2023 14:10
  
  Rolling coverage of the latest economic and financial newsUK mortgage payers making big changes to meet higher payments, survey findsBudget airline Ryanair has been forced to cut some flights this winter due to delays receiving 737 Max jets from Boeing.Yesterday, Ryanair said that production problems meant Boeing would only deliver 14 of the 27 aircraft due by late December, with disruptions likely to linger through mid-2024.“We are working closely with Boeing and their supplier, Spirit, t
  
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• European stock markets hit six-month low; UK home sellers increase discounts; mortgage rates ease – business live

  28-09-2023 12:20
  
  Rolling coverage of the latest economic and financial newsUK mortgage payers making big changes to meet higher payments, survey findsBudget airline Ryanair has been forced to cut some flights this winter due to delays receiving 737 Max jets from Boeing.Yesterday, Ryanair said that production problems meant Boeing would only deliver 14 of the 27 aircraft due by late December, with disruptions likely to linger through mid-2024.“We are working closely with Boeing and their supplier, Spirit, t
  
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• European stock markets hit six-month low; UK home sellers increase discounts to secure deals – business live

  28-09-2023 11:56
  
  Rolling coverage of the latest economic and financial newsUK mortgage payers making big changes to meet higher payments, survey findsBudget airline Ryanair has been forced to cut some flights this winter due to delays receiving 737 Max jets from Boeing.Yesterday, Ryanair said that production problems meant Boeing would only deliver 14 of the 27 aircraft due by late December, with disruptions likely to linger through mid-2024.“We are working closely with Boeing and their supplier, Spirit, t
  
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• House prices: UK home sellers increase discounts to secure deals – business live

  28-09-2023 08:53
  
  Rolling coverage of the latest economic and financial newsUK mortgage payers making big changes to meet higher payments, survey findsA seperate report today shows that mortgage holders are making big changes to their finances to cope with dramatically higher monthly payments.That can includes cutting pension contributions and downsizing to a smaller property, my colleague Rupert Jones reports.“Zoopla said enquiries about properties listed on its website rose by 12% over the past four weeks
  
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• Evergrande halts share trading as woes mount for China’ property giant

  28-09-2023 05:06
  
  Suspension comes a month after developer resumed trading and follows its chair reportedly being put under police surveillanceEmbattled Chinese property giant Evergrande has suspended share trading on the Hong Kong stock exchange only a month after it resumed trading after a 17-month suspension.Trading in its two other units – the property services and electric vehicle groups – also stopped at 9am on Thursday, according to notices posted by the stock exchange. Continue reading...
  
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