Inland to diversify as residential housing market slows (Financial Times)

The UK residential property market may be in terrible shape, but some companies are profiting by making preparations for the return of good times.

(AFX UK Focus) 2008-06-09 08:14 Inland confirms 7 mln pounds sale; in talks to buy major residential portfolio (Interactive Investor)
LONDON (Thomson Financial) - Inland PLC confirmed the sale of a number of sites for a total of just under 7 million pounds, exceeding the company's valuations and announced it is currently talking about acquiring a significant residential portfolio in the South of England.

Taylor Wimpey seeks extra funds - Reuters UK
LONDON (Reuters) - Builder Taylor Wimpey said it was seeking extra funds as it warned of a "significant downturn" in the housing market and an expected 550 million pounds write down in the value of its UK land. Taylor Wimpey shares and those of other ...

Rates decision a welcome relief: Bouris - West Online
The decision today by the central bank to leave official interest rates unchanged was a welcome reprieve for home owners experiencing mortgage stress, Wizard Homes Loans chairman Mark Bouris says. “Without being melodramatic, today's rate reprieve ...