[ NEW DELHI: Jeff Bezos, the Amazon founder recently designated as the world’s third richest billionaire by Forbes, has expanded his real estate portfolio with a third mansion on Florida‘s luxurious Indian Creek Island, famously known as the “Billionaire Bunker”. The acquisition, costing $90 million, elevates his total investment in the area to a staggering … Read more
[ Half of the major banks and building societies in the country have dropped their rates by as much as 1 percentage point this week, with more expected soon. HSBC, Lloyds, TSB, Halifax and Natwest have all reduced their costs in recent days in a “frenzied” series of rate cuts. All members of the “Big … Read more
[ HSBC has become the second major mortgage lender to slash rates this year in a further boost for households. The bank has announced a slew of cuts to its products that will come into effect from tomorrow (Thursday 4 January). It is launching a five-year fixed mortgage at 3.94 per cent, for those with … Read more
[ Labour’s bold plans to create a new generation of new towns will focus heavily on expanding existing ones and settlements, i understands. Sir Keir Starmer has placed housing at the heart of his party’s policy agenda, declaring himself to be a “Yimby” (yes, in my backyard) as he vowed to “bulldoze” through local planning … Read more
[ Homeowners with large amounts of equity in their houses are seeing the biggest benefit from falling mortgage rates – with the deals available to them being slashed more quickly than those available to cash-strapped first-time buyers with small deposits, data shared with i show. Average mortgage rates have tumbled over the past four months, … Read more
