Rent Guarantee Insurance for Tenants | Market round-up: Miners knocked by China’s moves to slow property boom
http://bit.ly/13Nhtiy
Rent Guarantee Insurance for Tenants | Market round-up: Miners knocked by China’s moves to slow property boom We will regularly inspect your property, to ensure it is well-maintained and that everything is as it should be, ready for when you do get a tenant again. We will also continue to advertise your property, to show it to prospective tenants and to keep you informed every step of the way. And you can relax knowing that all the while this property is empty, you are still guaranteed rent payments and are still receiving a monthly guaranteed rental income. China cast a shadow over the markets today as it raised the possibility of tighter regulation of property, spooking mining investors. Rent Guarantee Insurance for Tenants Late on Friday China’s cabinet voted to increase loan rates for buyers of second homes and ruled in favour of a 20% capital gains tax on home sales in areas where prices are rising too fast, in a bid to curb property speculation. Before the ruling, the tax was just 1-2% and traders fear the tough new measures will slow development. In London today the moves sent shockwaves through the mining sector, which has thrived off China’s resource-hungry property boom. Rio Tinto (down 109.5p to 3332.5p), Anglo American (off 55p to 1845p) and ENRC (which slid 10.8p to 324.1p) were among the day’s biggest fallers and the sector dragged the FTSE 100 index down 23.9 points to 6354.7. Banking stocks also took a hit, with Lloyds and HSBC both trailing the FTSE 100. HSBC’s full-year pre-tax profits of £13.7 billion was down 6% from last year and disappointed the market. The shares slumped 24.4p to 703.7p. But Joe Rundle, head of trading at ETX Capital, said there could be a silver lining. “Like its UK peers [HSBC] is attempting to deleverage itself in the wake of the recent scandals that have hit the City and investors are likely to take some comfort in this attempt to rebuild trust,” he said. “Though shares are suffering today, the decline should be short-lived.” Lloyds fell 1.95p to 51.27p, as Canaccord Genuity and Deutsche Bank both expressed concerns over how regulation will affect the bank. Rent Guarantee Insurance for Tenants Rent Guarantee Insurance for Tenants But outsourcing and distribution specialist Bunzl provided investors with some good news. William Vanderpump at UBS reckons there is a good chance of an earnings upgrade this year. Vanderpump upgraded the company to neutral from sell and Bunzl rose 32p to 1318.5p. British Gas boss Phil Bentley, left, may be leaving this year but that has not hurt the fortunes of owner Centrica. Société Générale’s Ashley Thomas today upgraded the energy provider to buy from hold, saying it was undervalued. Centrica put on 7p to 362p. On the FTSE 250 Debenhams warned that first-half sales would come in below expectations due to bad weather in January. Numis, N+1 Singer and Cantor Fitzgerald all told investors to ditch the stock but Panmure Gordon had more faith, recommending investors hold. The markets was less trusting and Debenhams was the morning’s biggest faller, losing 9.75p to 84.85p. View the original article here We treat your properties on our guaranteed rent scheme as our own for you to get the very best services at all times. Contact Guaranteed Rental today on 020 8694 8098 to find out more.
http://bit.ly/13Nhtiy
Rent Guarantee Insurance for Tenants | Market round-up: Miners knocked by China’s moves to slow property boom We will regularly inspect your property, to ensure it is well-maintained and that everything is as it should be, ready for when you do get a tenant again. We will also continue to advertise your property, to show it to prospective tenants and to keep you informed every step of the way. And you can relax knowing that all the while this property is empty, you are still guaranteed rent payments and are still receiving a monthly guaranteed rental income. China cast a shadow over the markets today as it raised the possibility of tighter regulation of property, spooking mining investors. Rent Guarantee Insurance for Tenants Late on Friday China’s cabinet voted to increase loan rates for buyers of second homes and ruled in favour of a 20% capital gains tax on home sales in areas where prices are rising too fast, in a bid to curb property speculation. Before the ruling, the tax was just 1-2% and traders fear the tough new measures will slow development. In London today the moves sent shockwaves through the mining sector, which has thrived off China’s resource-hungry property boom. Rio Tinto (down 109.5p to 3332.5p), Anglo American (off 55p to 1845p) and ENRC (which slid 10.8p to 324.1p) were among the day’s biggest fallers and the sector dragged the FTSE 100 index down 23.9 points to 6354.7. Banking stocks also took a hit, with Lloyds and HSBC both trailing the FTSE 100. HSBC’s full-year pre-tax profits of £13.7 billion was down 6% from last year and disappointed the market. The shares slumped 24.4p to 703.7p. But Joe Rundle, head of trading at ETX Capital, said there could be a silver lining. “Like its UK peers [HSBC] is attempting to deleverage itself in the wake of the recent scandals that have hit the City and investors are likely to take some comfort in this attempt to rebuild trust,” he said. “Though shares are suffering today, the decline should be short-lived.” Lloyds fell 1.95p to 51.27p, as Canaccord Genuity and Deutsche Bank both expressed concerns over how regulation will affect the bank. Rent Guarantee Insurance for Tenants Rent Guarantee Insurance for Tenants But outsourcing and distribution specialist Bunzl provided investors with some good news. William Vanderpump at UBS reckons there is a good chance of an earnings upgrade this year. Vanderpump upgraded the company to neutral from sell and Bunzl rose 32p to 1318.5p. British Gas boss Phil Bentley, left, may be leaving this year but that has not hurt the fortunes of owner Centrica. Société Générale’s Ashley Thomas today upgraded the energy provider to buy from hold, saying it was undervalued. Centrica put on 7p to 362p. On the FTSE 250 Debenhams warned that first-half sales would come in below expectations due to bad weather in January. Numis, N+1 Singer and Cantor Fitzgerald all told investors to ditch the stock but Panmure Gordon had more faith, recommending investors hold. The markets was less trusting and Debenhams was the morning’s biggest faller, losing 9.75p to 84.85p. View the original article here We treat your properties on our guaranteed rent scheme as our own for you to get the very best services at all times. Contact Guaranteed Rental today on 020 8694 8098 to find out more.
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