Soaring rents pose a ‘threat’ to London’s competitiveness as youngsters are priced out December 4, 2023 Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of business groups have warned.
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.