UAE developer Arada secures majority stake in London housing development November 17, 2025 UAE-based developer Arada has bought an 80 per cent stake in Thameside West, a waterfront mixed-use development set to deliver 5,000 housing units in the capital. The £2.5bn deal is Arada’s second large-scale investment in the London residential market in the space of less than two months, following its purchase of local developer Regal in [...]
Government risks missing both housing and nature targets, MPs find November 16, 2025 The Government risks missing both its housing and nature targets under its proposed reforms, a cross-party group of MPs has warned in a new report. The Environmental Audit Committee (EAC) found that the measures outlined in the Planning and Infrastructure Bill, which is currently passing through the final stages in Parliament, are not enough to [...]
Council tax revaluation on high-value homes to disproportionately hit London and South East November 15, 2025 Rachel Reeves is set to introduce a council tax surcharge on expensive homes in a move that will disproportionately impact London and the South East, according to reports. The Chancellor is currently finalizing plans to plug a £25bn black hole in the public finances, and last week ruled out a major rise to income taxes. [...]
Landlords have just under six months to prepare for the Renters’ Right Bill November 13, 2025 The government has set a date for the commencement of the Renters’ Rights Bill, with landlords given just under six months to prepare for the wide-ranging changes. The bill, which will remove so-called no-fault evictions, strengthen tenant protections and digitalise the sector, promises to shake up the market for both landlords and tenants – with [...]
Rightmove faces £1bn legal action over ‘unfair’ fees to estate agents November 13, 2025 A legal claim estimated at £1bn is in the works against property portal Rightmove, accusing the company of charging thousands of UK estate agents excessive and unfair prices to list properties. The legal action, led by former Competition and Markets Authority (CMA) panel member Jeremy Newman, along with a team of lawyers at Scott+Scott UK [...]
Persimmon makes progress despite Budget uncertainty November 13, 2025 London-listed housebuilder Persimmon has made steady progress this year, despite a variety of macroeconomic headwinds. Forward sales have risen 15 per cent since July 1 to £2.79bn, with three-quarters of forward sales being private. Just over four-fifths of Persimmon’s expected private house deliveries have already been exchanged or completed, it said. “Progress has been achieved [...]
Robert De Niro: Nobu reveals major London plans amid UK push November 13, 2025 Robert De Niro’s hospitality brand is open to considering new luxury residences in London after the success of its restaurants and hotel, the firm’s co-founders have exclusively told City AM. Nobu Hospitality first launched in London in 1997 with a restaurant at Old Park Lane. That was followed by a hotel and restaurant in Portman [...]
Housing market slump ‘compounded’ by Budget fears November 13, 2025 The housing market suffered from a six-month low in demand amid caution from consumers ahead of the upcoming Budget, a survey has shown. Buyer demand, sales activity and new instructions fell into negative territory over October in a monthly survey conducted by the Royal Institution of Chartered Surveyors (Rics). Property professionals blamed fears around the [...]
Taylor Wimpey shares slump as boss blasts Budget uncertainty November 12, 2025 The boss of Taylor Wimpey has blamed weak market conditions that hit the firm’s bottom line on the uncertainty surrounding the forthcoming Budget. Jennie Daly, chief executive of the housebuilder, said: “Market conditions remain challenging, impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures.” Shares in Taylor Wimpey were down over 3.5 [...]
Tallest skyscraper outside London approved in £1bn project November 6, 2025 A £1bn project which will see the tallest UK skyscraper outside of London constructed in Greater Manchester has been approved. Developer Henley Investment Management has secured permission from Salford City Council for its scheme at Regent Retail Park in Ordsall Lane. The proposals include a 78-storey tower which, at 895ft (272m) tall, will be the [...]