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Videos & Photos

Group of men including chief draughtsman R J Robson (fourth from left) stood in front of North Eastern Railway electric locomotive No 3, Darlington c. 1914. Courtesy of National Railway Museum, York

North East Transport Links Breakfast: We look back to the North East's role as a rail pioneer

One of the entries for the Port of Tyne Reflect Awards titled: Old and News

Port of Tyne Reflect Awards entries pour in as deadline approaches

Kate Ford who won the Journal Whodunnit competition in 1984 and won a sapphire necklace which is now up for auction at Anderson Garland

The Journal murder mystery competition prize up for auction 30 years on

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Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle Unit 21a ed Editor
Stuart Rayner
Sports Writer
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Bovis shows property spring 'bounce'

Bovis Homes offered more signs of a spring bounce in the property market today following a 41% jump in sales reservations so far this year.

Bovis Homes offered more signs of a spring bounce in the property market today following a 41% jump in sales reservations so far this year.

The Kent-based builder, which trades from 85 active sites, added that sales prices have been modestly ahead of its hopes.

It announced a 74% jump in profits to £32.1m for 2011 and said the signs were positive for the current year after receiving 26% more sales enquiries than a year ago in the eight weeks to February 24.

Redrow, Barratt Developments and Galliford Try have also reported improved results in the last week as company margins benefit from the buying of land at lower prices during the downturn and improved sentiment.

While first-time buyers will be required to start paying stamp duty again next month, builders hope that the Government’s mortgage indemnity scheme, which guarantees to underwrite losses on new build properties in England to help new buyers borrow up to 95% of the value of their home, will stimulate demand.

Bovis said around 75% of its active sales sites at the end of 2012 will be southern located, compared with 60% at the start of 2012.

The company added: "It is anticipated that sales prices will continue to be more robust in the south of England than in the north, which will assist the group given the southern bias of its sites."

 

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer