London house prices drop again as market faces fresh headwinds March 25, 2026 House prices in London have fallen for the sixth consecutive month, as the capital’s property market continues to struggle compared to the rest of the country. The average house price in the capital fell by 1.7 per cent in the year to January, up from the 1.2 per cent year-on-year fall in December, according to [...]
‘Mortgage mayhem’: Banks’ rates soar past 5.5 per cent amid Iran war volatility March 25, 2026 The UK mortgage market has been flipped upside down with Brits facing higher prices to borrow in the short-term as the Iran war rattles the economy. The average five-year fixed deal for a homeowner has spiked to 5.54 per cent this morning, up from 4.95 per cent at the start of March, according to financial [...]
London’s £10m secret: how the rich buy super-prime property March 25, 2026 Each year brings renewed predictions of a correction in London’s high-end residential market, often portraying it as mercurial and susceptible to abrupt shifts. However, in my experience on the ground, the city’s genuine super-prime segment, properties transacting in excess of £10m, continues to operate according to its own distinct dynamics. Rather than exhibiting signs of [...]
Cancel student debt in exchange for first time buyer equity, housebuilders urge government March 24, 2026 Cash-strapped graduates struggling to get on the property ladder should have their debt written off in exchange for giving over a stake of their first home to the government, a new report has urged. The report, backed by more than 50 housing sector bodies including top housebuilders Vistry and Barratt Redrow, proposes offering a discount [...]
Housebuilding stocks slump as Bellway issues Iran mortgage warning March 24, 2026 Shares in Bellway slumped eight per cent after it warned the Iran war is causing mortgage “volatility,” as a host of leading housebuilders were dragged down with it. FTSE 100 housebuilders Barratt Redrow, Berkeley and Persimmon were all down at least one per cent on Tuesday’s early trading, with the latter taking a two per [...]
London skyscrapers under pressure as construction costs mount March 24, 2026 The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]
Mortgage deals shrink by a fifth since outbreak of Iran war March 23, 2026 The number of mortgage deals on offer for homeowners have shrunk by nearly a fifth since war broke out in Iran just over three weeks ago. Just shy of 1,500 fewer residential mortgages were available on Monday morning, compared with March 9, amounting to a contraction of 19.5 per cent. According to financial information platform [...]
Housebuilder hopes raised as government pledges 200k homes in new town scheme March 23, 2026 Housebuilders are hoping for a boom in construction after the government pledged nearly 200,000 new homes as part of its new town programme, though it has cut five potential sites from its shortlist. Labour’s housing and communities department is billing the scheme as the most ambitious housebuilding plan in the last 50 years, with seven [...]
Sluggish economy spooks small housebuilders March 20, 2026 Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]
Ex-Battersea Power Station boss takes owners to court over dismissal March 19, 2026 The former boss of Battersea Power Station has launched legal action against the owners of the iconic London landmark after being dismissed from his role in May. A £9bn project has transformed Battersea Power Station from a disused, decommissioned site to a 42-acre estate with 2,000 homes and 60 companies in under a decade. Don O’Sullivan, formerly [...]