Lsl Property Services Share Discussion Threads

[macminchus] 09/8/2013 20:07

I'm putting more in on Monday..... Estate agents are now moving from letting property to selling it again.....

[ryandj2222] 09/8/2013 13:39

"UK mortgage approvals rose 21 per cent to 56,475 in July from a year earlier as bank lending to homebuyers with smaller deposits jumped, e.surv Ltd. said. It was the highest level for July since 2007, the unit of London-based LSL Property Services Plc (LSL) said. Loans to buyers with a deposit of 15 per cent or less, known as high loan-to-value borrowers, climbed 56 per cent to 6,946. "

[wynmck] 09/8/2013 13:19

forgot to mention Shares mag yesterday also said Buy-
LSL to ride housing upturn.

[ryandj2222] 09/8/2013 10:02

Was just about to ask how much macminchus had bought this morning to send the prices rocketing up! I've gone for a top up too.

[wynmck] 09/8/2013 08:27

Investors Chronicle main Buy tip today-Play the mortgage recovery with LSL.

[macminchus] 09/8/2013 06:08

Think I may add more today.... Once the incentives start in jan we should get even better results. With control of so much mortgage distribution they can demand a large portion of the banks survey work.

[blackrabbit] 06/8/2013 17:08

Another very interesting flurry at the end of the day. BR.

[ryandj2222] 06/8/2013 16:45

Excellent news!

[macminchus] 05/8/2013 20:01

Pink mortgage network have just announced their best month ever.... Yep even better than 2007 figures. Mortgage lending is up, first time buyers coming back to the market. This company is well placed for the new government incentives coming in the new year. Many people dis agree with government intervention but it is coming so lets profit from it.

[ryandj2222] 01/8/2013 13:07

Jolly good stuff wynmck!

[wynmck] 01/8/2013 11:33

gets a mention in today's Mail
"LSL Property Services advanced 36p to 435p with buyers reassured by recent news that the company had entered into a new £100m banking facility for a period of four years plus."

[ryandj2222] 30/7/2013 13:06

Results seem fairly decent, more or less what was expected. Good things in the next half I think.

[cockneyrebel] 26/7/2013 13:57

London house prices still surging, says Land Registry

[wynmck] 25/7/2013 12:19

Big piece in IC (24th)........
"It could help to buy an estate agent"...focuses on sector and says
LSL are "trading at a hefty discount to Countrywide,and its shares are a bargain"
Ends with Broker view from Jeffries
"current valuations suggest opportunity...
Rightmove's shares currently trade on 26 times our 2014 estimates compared with multiples of 21 and 15 for Countrywide and LSL.
On valuation grounds we would suggest selling the portal and buying LSL instead".

[cockneyrebel] 24/7/2013 12:48

Breaking out on big volume.

CR

[cockneyrebel] 22/7/2013 14:28

Interims July 30th

CR

[cockneyrebel] 12/7/2013 16:24

New highs

CR

[cockneyrebel] 10/7/2013 10:31

Nice breakout in a weak market too.

CR

[cockneyrebel] 04/7/2013 12:46

By Ilona Billington
LONDON--The U.K.'s housing market showed further signs of increasing health in June, as high street lender Halifax said Thursday that annual house price growth was the strongest for almost three years in June.
And, in a six month trading update, house builder Taylor Wimpey said government programs boosted its performance in the first six months of this year, activity and prices both increased.
Lloyds Banking Group-owned [LYG] lender Halifax said house prices rose 0.6% on the month in June and were 3.7% higher compared with a year earlier. Both the year-on-year rise and the new level of average U.K. house prices at 167,894 pounds ($256,232) are the strongest since August 2010.
In May house prices rose 0.4% on the month and were 2.6% higher on the year.
"Improved confidence in both the housing market and the economy, combined with a shortage of properties available for sale, appear to be pushing up house prices," said Halifax housing economist Martin Ellis.
"The Funding for Lending Scheme is also likely to be boosting the market by helping to reduce mortgage rates. There are also early indications that the Help to Buy: equity loan scheme may be stimulating demand," Mr. Ellis said.
In line with the rising number of reports showing house prices and activity have grown over the past few months, Taylor Wimpey said it expects to report its operating profit rose 13% in the first half of 2013 from the same period in 2012.
It said the Funding for Lending Scheme and Help to Buy government initiatives have helped boost purchasing activity and added it had completed the first sale through the Help to Buy plan, which offers first-time buyers a 20% government loan and mortgage guarantee to purchase a newly built home.
"We have welcomed signs of significant improvement in the housing market in the first six months of 2013 where we have seen increased consumer confidence, underpinned by both generally improved access to and affordability of mortgage finance and by the recent government measures," said Taylor Wimpey's chief executive Pete Redfern.
While government efforts to increase mortgage lending and encourage first-time buyers to purchase a new home are helping to boost house sales, they are also helping to raise prices, which some fear could lead to a fresh housing bubble.
The increased demand but still too few number of homes in the U.K. has already led to rising prices, among newly-built and second-hand homes.
The Organization for Economic Cooperation and Development and the International Monetary Fund have separately commented on the dangers of the lack of additional incentives on home builders to raise their level of production in order to achieve a balance between supply and demand to help avoid inflating prices.
And, Sir Mervyn King, the former governor of the Bank of England has said that the Help to Buy program must have a time limit and not be allowed to operate indefinitely.
Write to Ilona Billington at [e-mail]

[cockneyrebel] 20/6/2013 13:24

UK mortgage lending up by a fifth, says lenders'

UK mortgage lending surged to its highest monthly level since October 2008 in May, with activity even surprising lenders.

[wjccghcc] 19/6/2013 12:11

Agreed. Been adding a few.

[cockneyrebel] 19/6/2013 11:07

Estate agents must be having a great time with all this cash the gov is throwing at first time buyers imo:

Great buy point on the chart imo: