Property Investment

Two investors are taking TenetConnect to the Financial Ombudsman Service (FOS) after unsuccessfully trying to retrieve money lost due to what they claim was negligent advice to invest in an unregulated overseas property scheme.

Potential homeowners are panic buying property as supply in the market continues to fall, estate agents have warned.

ALTERNATIVE INCOME

The £1bn UK Commercial Property trust run by Ignis Asset Management has cut both its fees and its dividend in a move to a 'more sustainable policy'.

Economist and founder of Capital Economics Roger Bootle has said that quantitative easing (QE) is not the "inflation danger" people should be worried about - the focus should be on the intentions of the government.

FIVE THINGS

Troubled property firm Brandeaux is to wind up six of its long-suspended property funds following calls from investors wanting to exit the vehicles.

The yawning property gap across England and Wales has highlighted again as figures showed house prices surging nearly 9% in London while values are still on the slide in the North.

Investor group Little River Victims (LRV) has started proceedings against an Algarve-based golf resort developer after losing $3m of investments in US properties that were sold to them through their advisers.

The housebuilder Barratt Developments has said the recovery in the housing market is spreading.