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Over-65s property wealth reaches £1.124tn

British over-65s now own mortgage-free property worth £1.124tn, an increase of £6,000 per household year on year, according to a new report.

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Planning reform could hit SIPP and SSAS savers

New UK commercial property rules announced on Wednesday - making it easier to convert commercial properties into residential housing - could hit investors in commercial property using SIPPs and SSAS.

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Four property funds suspended by managers

Three property funds have been suspended from dealing due to ‘turbulent’ market conditions and another remains suspended from last year.

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Fear of contagion as second property fund suspended

There are growing concerns that more property funds will be suspended after Prudential halted dealing in its UK Property Fund late on Friday.

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