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Property

  • Omaze boss: Why I’m positive about investing in the UK

    July 9, 2025

    The chief executive of Omaze has set out the reasons why he believes the UK is the right place for his growing business to invest.

  • Reeves warned ‘undermining cash ISAs a serious mistake’

    July 9, 2025

    Chancellor Rachel Reeves has been warned that “undermining” cash ISAs would be a “serious mistake” and could hike the cost of mortgages and make them harder to access. Skipton Building Society has joined the chorus of institutions voicing their concerns ahead of the Chancellor’s Mansion House speech next week where she is expected to announce a [...]

  • Watchdog probe to net £100m from listed housebuilders for affordable schemes

    July 9, 2025

    A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]

  • Galliford Try ‘well-positioned’ to benefit from government spending

    July 9, 2025

    Galliford Try has stated that it “welcomes” the government’s ambitions for affordable housing and infrastructure and expects to report a profit ahead of expectations this year. The construction giant, which has 4,300 employees across the UK, operates across the public and regulated sectors – including water, transport and building projects. The company told markets it [...]

  • London skyscraper given green light after Roman Basilica forced planning revamp

    July 8, 2025

    The City of London has approved plans for 85 Gracechurch Street, which had to be reworked in light of the discovery of a historic Roman Basilica under the site. It also approved plans for a 45-storey tower at 63 St Mary Axe, which will sit at the edge of the City of London’s Eastern Cluster. Continuing with 85 Gracechurch’s [...]

  • Unite boosted by growing student numbers but warns on Renters’ Rights Bill

    July 8, 2025

    Student of accommodation provider Unite has posted an uptick in the value of its two property portfolios, buoyed by high occupancy and growing rents, but warned the upcoming Renters’ Rights Bill will increase costs for students. Unite said the value of its UK-wide portfolio grew by 0.6 per cent to £2.9bn, while its London portfolio [...]

  • UK housing market faces ‘considerable upheaval’ as sellers lose confidence

    July 7, 2025

    Estate agents have warned that a turbulent global economy and changes to stamp duty have caused upheaval in the housing market after prices flatlined in June. UK house prices were stagnant in June, according to the latest data from Halifax, after a 0.3 per cent drop from April to May. “Today’s news suggests that house [...]

  • UK house prices stagnated in June, Halifax index finds

    July 7, 2025

    UK house prices were stagnant in June with average prices flatlining at £296,665, according to the latest Halifax data. Despite a 0.3 per cent drop from April to May, the average UK house price was still 2.5 per cent higher than it was in June of last year. Properties in London saw a rise of [...]

  • Rachel Reeves’ cash ISA plans would ‘choke mortgages’

    July 3, 2025

    Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said. Darlington Building Society was reacting to the news that the Chancellor is set to announce a lowering of the current £20,000 cap that savers are allowed [...]

  • Bill Shankly’s grandson opens Liverpool hotel in Titanic landmark

    July 3, 2025

    The grandson of legendary Liverpool football manager Bill Shankly has opened a hotel in Liverpool based in the former headquarters of White Star Line – the company which owned the Titanic. Christopher Carline and his business partner Brian Gamble have launched the White Star Line Hotel in Albion House, a grade II*-listed building which has [...]

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