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Property

  • Abu Dhabi firm buys Nine Elms developer London Square for £230m

    December 1, 2023

    An Abu Dhabi real estate firm has snapped up British property developer London Square today in a £230m deal.

  • Interactive: Here’s how much rents have gone up where you live as London prices spiral

    December 1, 2023

    Rents have gone up over the past year but more in some areas than most - with London hit particularly hard by increases

  • UK house prices rise for third successive month as interest rate cut speculation mounts

    December 1, 2023

    Crash? What crash? The latest Nationwide data suggests house prices are on the up

  • Value of posh pads in London’s richest postcodes falls by £50k

    November 30, 2023

    The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis.  According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]

  • Property transactions slide 17 per cent in October as hangover from high mortgage rates drags on

    November 30, 2023

    The number of new homes bought in October was 17 per cent lower than the year before, as high mortgage rates during the summer led to lower activity,  according to the latest figures from HMRC.

  • Mortgage approvals are up. Does this mean the housing market is finally recovering?

    November 29, 2023

    The number of mortgage approvals ticked up in October, new data has revealed. Is this a sign the housing market is recovering?

  • New York tightens leash on home working as London TWaTs lag behind

    November 28, 2023

    Employees' hesitancy to return to the office full time has had an impact on the health of commercial properties, especially in the City. 

  • London sellers failing to acknowledge the property market has ‘begun rebalancing’

    November 28, 2023

    Desperate London home sellers have been accepting average discounts of as much as £25k on asking prices as the property market has seized up.

  • Misery for London retailers as they face £575m business rates bill

    November 27, 2023

    Retail properties in London could be faced with an extra £575.55m in business rates next year as they are not eligible for support measures.

  • PPHE to develop new 179-room London Victoria hotel as ‘midscale lifestyle’ market grows

    November 27, 2023

    PPHE Hotel Group has been granted planning permission to build a new 179-room hotel below the Park Plaza Victoria London property.

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